Lucent Stays Focused on Losing Money

Murray Hill, N.J. ( – In the most hopeful sign yet that the American economy may be returning to normal, Lucent Technologies posted another staggering quarterly loss on Tuesday. Lucent… Read more

GE Succession Losers Demand Recount

Fairfield, Conn. ( – The two General Electric executives who lost out when GE’s Jack Welch named Jeffrey Immelt to succeed him as CEO demanded that Welch recount his vote… Read more

Net Company to Hold Second IPO

San Francisco ( – PeoplePC, whose initial public offering bombed last month, said today its first IPO shouldn’t count, and urged investors to return their shares so the company can… Read more

Russian-Pizza Hut Rocket Explodes; Thin Crust Blamed

Astana, Kazakhstan ( – The Pizza Hut-sponsored Russian rocket carrying international space station equipment exploded while in orbit today, just days after its launch. Russian Space Agency officials immediately blamed… Read more


DEC 11 St. Louis ( – Anheuser-Busch, the nation’s largest alcoholic beverage producer, filed for Chapter 11 bankruptcy yesterday after Federal Reserve Board Chairman Alan Greenspan reportedly switched his drink… Read more
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