War costs stock market $1.1 trillion: Study
San Francisco: Even before the United States went to war against Iraq, the threat of conflict had drained $1.1 trillion from the value of the US stock market, according to a study released on Friday.
Back to News Review index page  

Boeing delivers 960 layoff notices
Seattle: Boeing Co had issued layoff notices to 960 employees, the company announced on Friday. Most of the layoffs affected Boeing Commercial Airplanes workers, company spokesman Bill Cogswell said.
Back to News Review index page  

IBM property values sink in Silicon Valley
San Francisco: The assessed value of property owned by International Business Machines Corp. in California's Silicon Valley fell $282 million last year, making the computer services giant the hardest-hit landlord in a collapsing real-estate market, an official said on Friday.
Back to News Review index page  

Boeing CEO earned $2.5 mn in 2002
Seattle: Boeing said on Friday its Chairman and Chief Executive Officer Phil Condit earned salary and bonus totalling $2.5 million in 2002, down from $2.6 million in 2001.
Back to News Review index page