Business
Tuesday, February 5, 2002
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Tumwater draws eye of builders
TUMWATER -- Two Vancouver, Wash.-based developers are proposing separate apartment complexes for the same intersection in Tumwater.
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Forum ends with cautionary note
NEW YORK -- Presidents, kings and moguls wrapped up five days of swanky parties, serious elbow-rubbing and weighty discussions Monday. Topics at this year's World Economic Forum included how to stem the tide of terrorism, long-standing international conflicts and poverty.
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Worry over accounting prompts investor sell-off
NEW YORK -- New questions about accounting practices at Tyco International and Enron Corp. provoked a broad sell-off on Wall Street on Monday as investors grew more doubtful about the honesty of corporate bookkeeping in general.
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Enron's chief will be subpoenaed by panel
WASHINGTON -- The chairman of the Senate Commerce Committee said Monday that former Enron chief executive Kenneth Lay will be subpoenaed to appear next week before the panel, and he called for an independent prosecutor to investigate the company, saying the Bush administration is too close to the bankrupt firm.
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EU regulators drop investigation of Intel
BRUSSELS, Belgium -- European regulators have dropped a yearlong investigation into charges that Intel Corp. abused its position as the world's leading computer-chip maker to keep rivals from winning market share, officials said Monday.
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Amtrak could cut long-distance runs
WASHINGTON -- Travelers no longer could get on a train in the Northeast and connect all the way to California, or board in Florida and reach the Northwest if Amtrak goes ahead with threatened cuts to long-distance trains.
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BUSINESS IN BRIEF
MERGER
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STOCKS OF LOCAL INTEREST
Last Chg
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