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Newsroom Headlines

December 312002

December 31, 2002 Public Company Bankruptcies Smash Record U.S. public companies shattered bankruptcy records for a second straight year as accounting fraud and the last decade's debt spree brought

December 302002

December 30, 2002 XO Communications CEO Will Resign after Reorganization XO Communications Inc. Chairman and Chief Executive Officer Daniel F. Akerson plans to resign after the phone- and Internet

December 272002

December 27, 2002 Growth in Sales for Holiday Period Weakest in Years After examining sales figures from the last hours before Christmas, experts yesterday declared this year's holiday season the

December 262002

December 26, 2002 Slow Business Spending, Threat of War Slowing U.S. Economy Still hung over from the excesses of the 1990s, the U.S. economy is expected to turn in a lackluster performance in 2003

December 242002

December 24, 2002 Holiday Season Looks Grim for Retailers The holiday season is looking more grim for retailers, as merchants such as J.C. Penney and Federated Department Stores reported on Monday

December 232002

December 23, 2002 Best of Times for Treasuries, Worst for Bankruptcies The U.S. Economy avoided tipping into a double-dip recession in 2002 as the Federal Reserve held short-term interest rates at

December 202002

December 20, 2002 Bush Signs Bill Extending Farmers' Bankruptcy Protection President Bush yesterday signed legislation giving farmers who file for bankruptcy an extra six months of special protection

December 192002

December 19, 2002 Bankruptcy: The Good, the Bad When Conseco Inc. announced the third-largest bankruptcy filing in U.S. history Wednesday, it sent a shudder through the U.S. stock market -- perhaps

December 182002

December 18, 2002 Job Claim of Dismissed U.S. Trustee Denied by Agency Panel The Merit System Protection Board (MSPB) on Monday rejected the claim by former Region 17 U.S. Trustee Linda Ekstrom

December 172002

December 17, 2002 Retailers Bank on Last-minute Sales Major U.S. retailers reported another week of lackluster sales on Monday, driving them to discount everything from popular compact discs to