Prudential Securities Inc. downgraded Kmart Corp.'s stock from "hold" to "sell" on Wednesday, citing disappointing fourth quarter results and the company's "precarious" cash position.
Manufacturing activity shrank for the 17th consecutive month in December, but not as much as analysts expected, raising the prospect that the struggling sector is poised for a rebound, an industry group reported Wednesday.
Baby Einstein educational videos are designed to teach infants and young children human expression, including language, art and music, as well as concepts. They've caught the attention of the Walt Disney Co.
After a smooth holiday debut, Europe's new single currency was put to the test Wednesday as stores reopened and people headed back to work with unfamiliar money in their pockets.
The resiliency the nation has exhibited since Sept. 11 shows just how difficult it would be for Osama bin Laden's followers to carry out his call to bring down America by destroying its economy, economists say.
A humbled Enron Corp. will enter 2002 with hopes of emerging from bankruptcy with a viable trading business, once the source of 90 percent of its revenues.
