headlines

Doug Henwood dhenwood at panix.com
Tue May 8 14:38:41 PDT 2001


Hmm, the top four headlines on Yahoo! Finance are manna for gloomsters:


>Top Business News as of 5:36pm ET
>
>Cisco Profits Fall Drastically
>New Economy powerhouse Cisco Systems Inc. on Tuesday posted a $2.69
>billion net loss after charges, and said its quarterly operating
>profits fell drastically as it grappled with the slowing global
>economy and flagging spending on telecommunication equipment.
>
>Blue Chips Drop on Productivity Data
>Blue-chip stocks ended lower on Tuesday after new government data
>showed U.S. worker productivity fell for the first time in six
>years, stoking fresh concerns about the slowing economy and brewing
>inflation.
>
>Calif. Blackouts Seen 'Probable' Tuesday
>Power-starved California survived a blackout scare on Tuesday
>morning as high-voltage lines carrying vital Canadian supplies
>returned to service
>
>Productivity Dips As Labor Costs Soar
>The productivity of U.S. workers fell for the first time in six
>years during the first three months of the year and inflation
>concerns re-emerged with the largest jump in labor costs in over
>three years.



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