In its thrust to move beyond chips for computers and into those for wireless design, Intel has developed a chip that combines several functions, enabling smaller, faster devices. ET The Securities and Exchange Commission filed a civil case against former Sunbeam Chief Executive Albert Dunlap and four other Sunbeam officials, charging the executives with fraud. ET SunTrust Banks has emerged as a bidder for Wachovia, announcing its intent this morning to launch an offer that threatens to derail Wachovia's agreement with First Union. The bids are equivalent. Dell attributes the cuts to the continued slowdown in computer demand.
Final bids are due today.
Rupert Murdoch's News Corporation. Corning announced Thursday that it is eliminating additional workers and warned that revenue and profit for the year would be lower than originally thought. Despite some strong opposition, the FCC on Wednesday, unanimously approved Deutsche Telekom's acquisition of VoiceStream Wireless and Powertel, ending nine months of uncertainty. Copyright 2001 Meredith Corporation. All Rights Reserved.