Economy

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Hard Sell

Hewlett-Packard may not become the world's largest maker of personal computers due to a rebellion by its own shareholders.

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Unemployment Rates Rise for Second Month

Unemployment rates again rose sharply to 5.7 percent, its highest mark in six years. Nearly 331,000 people filed for unemployment benefits for the first time in November, the Labor Department announced Friday.

Mounting Losses

Analysis of November's unemployment numbers and reflected the highest unemployment rates in six years.

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Front Line Views of the Economy

Ray Suarez discusses the impact that terrorism and the weakening economy have had on America's cities with four mayors: Bill Campbell of Atlanta; Beverly O'Neill of Long Beach, California; Rocky Anderson of Salt Lake City; and Sharpe James of Newark,…

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Cable Companies Cut Deal With Excite@Home

Several major cable providers struck a deal with troubled Internet provider Excite@Home that will keep their subscribers connected to the company's broadband network for the next three months.

MSNBC Cuts Online Staff

Despite a spike in Internet news site visitors since the Sept. 11 attacks, MSNBC.com is laying off 9 percent of its workforce, or around 18 staff members.

Enron Receives $1.5 Billion Emergency Funding

One day after Enron files for the largest corporate bankruptcy in U.S. history, two major banks provide short-term rescue package for the collapsed energy giant and former Wall Street favorite.

Former Energy Giant Files Largest Bankruptcy Claim

In the largest corporate bankruptcy in U.S. history, Enron filed for creditor protection of its U.S. energy businesses. It also hit Dynegy with $10 billion suit for breach of contract yesterday; Dynegy responded Monday with a counter-suit.

Energy Giant Enron on Verge of Bankruptcy

Enron, the nation's largest energy dealer, remains in crisis today, facing what could be the largest-ever U.S. corporate bankruptcy.