Sunday July 6th, 2025 6:18AM

Business News

Wall Street Journal launches new design
The Wall Street Journal readers will see something on the front page of Tuesday's editions they haven't seen there before: Color.
7:54AM ( 23 years ago )
Standard & Poor's lowers Adelphia's credit rating
Standard & Poor's on Monday lowered the corporate credit rating on Adelphia Communications Corp. from double 'B'-minus to single-'B' due to concerns over borrowing by company subsidiaries and firms owned by relatives of the founder.
7:49AM ( 23 years ago )
Kmart, Penske at odds over auto centers' closing
Kmart Corp. complained to a court Monday that its partner in an auto servicing business defrauded it and violated a contract by closing down 563 servicing centers with 4,000 employees.
7:44AM ( 23 years ago )
Merrill Lynch ordered to tell investors about ties to client stocks
Merrill Lynch & Co. Inc., one of the nation's oldest and largest investment firms, was ordered Monday to reform its business practices following accusations it gave advice that hurt clients but enriched the company.
7:38AM ( 23 years ago )
Lawsuit to block HP-Compaq merger to proceed
A Delaware state judge ruled Monday that Hewlett-Packard Co. director Walter Hewlett can try to block the company's $19 billion merger with Compaq Computer Corp.
7:38AM ( 23 years ago )
May Department Stores plans 200 new shops by 2006
May Department Stores Co. plans to open more than 200 new stores by the end of 2006, pouring billions of dollars into expansion as the St. Louis-based retailer and its counterparts bid to counter the popularity of discounters.
7:36AM ( 23 years ago )
Sabre expects to complete Travelocity takeover this week
Sabre Holdings Corp. said Monday that it now has enough shares to take full control of Travelocity.com Inc. and expects to complete its $420 million takeover of the Internet company Thursday.
7:35AM ( 23 years ago )
Tight state budgets squeeze community colleges
The nation's community colleges are facing cuts in programs and faculty combined with tuition and fee hikes as states struggle with budget shortfalls.
7:35AM ( 23 years ago )
Kmart disputes court filing claiming it plans shut down up to 700 more stores
Executives of one of Kmart Corp.'s business partners say the financially troubled retailer may close as many as 700 more stores nationwide on top of the nearly 300 closings announced last month, according to court papers made public Monday.
4:33PM ( 23 years ago )
Alaska Airlines ranked No. 1 in quality study
Alaska Airlines was the highest-ranked of 11 airlines in 2001, according to a study by Brent Bowen of the University of Nebraska at Omaha and Dean Headley of Wichita State University.
3:24PM ( 23 years ago )