Sluggish economies abroad could hit revenue even more than expected. Further cost cuts are planned. Here's a guide to how it will work. Securities regulators filed a complaint Wednesday against Los Angeles-based Madison Financial Group and its two principals, alleging they fraudulently solicited thousands of customers to open commodity option accounts by promising big profits that never materialized. Study by consumer group cites balance between price and profit.
Industry disputes findings.
Virginia firm's directors back General Dynamics' merger deal but don't rule out Northrop Grumman. Edison's residential customers should receive new bills soon. Texas Instruments Inc. plans to suspend some production in July at two semiconductor plants in Dallas with about 1,800 workers to cut costs as orders slow. Lucent Technologies Inc. said it will offer early retirement to 10,000 U.S.-based employees in an effort to accelerate its restructuring. Researchers seek to discuss how they cracked the music industry's piracy protection.