Weak job growth raises slowdown fears (Reuters)
June 03, 2005 02:54
Reuters - U.S. employers added only 78,000 workers to their payrolls in May, the weakest job growth in 21 months, the government said on Friday in a report that fanned worries on Wall Street over a slowing economy.

L-3 to buy Titan for $2 billion (Reuters)
June 03, 2005 01:32
Reuters - Defense contractor L-3 Communications Holdings Inc. on Friday agreed to buy Titan Corp. for about $2 billion in cash, expanding its reach in defense-intelligence services.

Apple to use Intel chips in '06-CNET (Reuters)
June 03, 2005 06:54
Reuters - Apple Computer Inc. plans to announce on Monday that it will switch to using Intel Corp's microprocessors and phase out its current chip supplier, International Business Machines Corp., CNET News.com reported late on Friday.

U.S., China to discuss textiles, piracy (Reuters)
June 03, 2005 09:33
Reuters - Top U.S. and Chinese trade officials met in Beijing on Saturday to discuss surging textile exports from China and its rampant counterfeiting of American products, thorny issues marring trade ties.

US stocks drop on jobs, oil over $55 (Reuters)
June 03, 2005 02:58
Reuters - U.S. stocks slid on Friday as investors worried about a faltering economy after a government report showed May payrolls grew at the weakest pace in 21 months and crude oil prices topped $55 a barrel.

Weak job growth raises slowdown fears (Reuters)
June 03, 2005 02:54
Reuters - U.S. employers added only 78,000 workers to their payrolls in May, the weakest job growth in 21 months, the government said on Friday in a report that fanned worries on Wall Street over a slowing economy.

US stocks drop on jobs, oil over $55 (Reuters)
June 03, 2005 02:58
Reuters - U.S. stocks slid on Friday as investors worried about a faltering economy after a government report showed May payrolls grew at the weakest pace in 21 months and crude oil prices topped $55 a barrel.

Tax Rules for Selling Mutual Funds (The Motley Fool)
June 03, 2005 08:27
The Motley Fool - You might be thinking to yourself, "Goodness -- mutual funds buy and sell shares of stock each day. Do I have to account for each such transaction?" The answer is no, you don't. But you do have to account for the shares of the mutual fund that you sold during the year. And if you're like many people, regularly buying shares of various funds each month, perhaps even having your dividends reinvested in additional shares, the accounting can quickly begin to seem insurmountably complicated. It isn't, though -- as long as you've kept good records of when and how you got each share.

Wal-Mart Meeting Touts Company Successes (AP)
June 03, 2005 01:22
AP - Wal-Mart Stores Inc. used the stage of its annual shareholders meeting Friday to try to convince two divergent groups — the company's social critics and Wall Street — that the world's largest retailer is on the right path.