Tuesday April 15th, 2025 2:13AM

Business News

Enron debacle prompts debate over 401(k) suspension periods
Thousands of Enron Corp. employees heavily invested in company stock were barred for weeks from selling it as their retirement plan changed administrators -- during which the value plummeted. Sinister plot or bad luck?
7:58AM ( 23 years ago )
SEC sues stockbroker accused of defrauding a client out of $68 million
A former stockbroker has been sued by the Securities and Exchange Commission for allegedly defrauding a client of $68 million, the U.S. Attorney's Office said Wednesday.
7:56AM ( 23 years ago )
Teamsters, UPS open new contract negotiations in big labor showdown
The Teamsters union and United Parcel Service Inc. opened contract negotiations Wednesday in a face-off that could define the strength of organized labor.
7:54AM ( 23 years ago )
Lake Oconee hotel resort a boon to Greene County
After losing almost 700 jobs to plant closings last year, Greene County sees the opening of a grand resort hotel at Lake Oconee as a badly needed economic boost.
6:55AM ( 23 years ago )
Mirant posts $30 million profit but warns that 2002 to be weak
Mirant Corporation reduced its profit forecast for 2002 a second time Wednesday.
9:15PM ( 23 years ago )
Medallions made in Georgia with WTC steel anger some relatives
Some victims' relatives are angry that a Georgia company is selling a commemorative medallion made with steel from the World Trade Center.
7:18PM ( 23 years ago )
Atlanta's Beazer Homes agrees to buy Crossmann In $603 million deal
Beazer Homes USA Inc. agreed to acquire homebuilder Crossmann Communities Inc. in a cash-and-stock transaction the companies valued at about $603 million, including the assumption of debt.
4:34PM ( 23 years ago )
Boeing to give bonuses to more than 80,000 workers
Despite heavy losses in the aerospace industry caused by the Sept. 11 attacks, Boeing Co. plans to give bonuses to more than 80,000 employees for their work in 2001.
4:33PM ( 23 years ago )
Fed decides to hold rates steady
Even though the Fed opted to hold rates steady, it left the door open to further rate reductions if necessary.
2:35PM ( 23 years ago )
Elan refutes Wall Street Journal story
Elan Corporation, plc. issued today the following statement on today's Wall Street Journal article dated January 30, 2002.
1:52PM ( 23 years ago )