| April 29, 2000 |
Justice
Department seeks Microsoft split The Justice Department and a group of state attorneys general asked a federal court Friday to split Microsoft into two separate companies, a move that could reshape competition in the software industry. The Justice Department and 17 of the 19 states that had filed a landmark antitrust lawsuit against Microsoft (MSFT: Research, Estimates) proposed the split in a joint proposal filed Friday with District Judge Thomas Penfield Jackson. Earlier this month, Jackson ruled that Microsoft had maintained its monopoly power for PC operating systems by anticompetitive means and attempted to monopolize the Web browser market. |
| April 14, 2000 |
Dow,
Nasdaq beaten down The Dow Jones industrial average plummeted to its biggest point loss ever Friday as investors rushed to dump technology and financial stocks, sparked by unsettling economic data solidifying inflationary fears. According to preliminary figures, the Dow Jones industrial average skidded 603.51 points to 10,320.04, off over 5 percent, but an improvement from its 722-point session low. Meanwhile, the Nasdaq composite index also plunged to its largest point loss ever, shedding 356.76 points, or over 9 percent, to 3,320.02, recovering slightly from its 411-point session low. The index lost over 1,000 points this week and is now off more than 34 percent from its record high set March 10 -- Wall Street's definition of a bear market. |
| April 11, 2000 |
America's
Best Colleges or Graduate Schools 2000 Top National Universities (Top 50); Top Graduate Schools (Ph.D.s); Top Graduate Schools in Biology, and more... |
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