Reuters - U.S. stocks rallied on Thursday as a
string of corporate deals, plus a robust initial public
offering for credit-card company MasterCard Inc., lifted
investor sentiment.
Reuters - The convictions of former Enron Corp.
chief executives Ken Lay and Jeffrey Skilling on Thursday send
a blunt message to corporate America -- lie to your
shareholders and you will go to prison.
Reuters - Former Enron Corp. chiefs Ken Lay and
Jeffrey Skilling were convicted on Thursday for lying to
investors as the energy giant stumbled toward bankruptcy in
2001 in a stunning collapse that shook the country's faith in
corporate America.
Reuters - Yahoo Inc. and Web
auctioneer eBay Inc. said on Thursday they had agreed
to form a broad alliance in the United States designed to boost
their positions amid growing competition from Google Inc.
and Microsoft Corp. .
Reuters - The U.S. economy shot ahead at an
upwardly revised 5.3 percent annual rate in the first quarter,
the fastest pace of growth in 2-1/2 years, but prices remained
in check, a Commerce Department report on Thursday showed.