Heads up: The trading week will be shorter, with financial markets closed Friday for Christmas Eve. Tomorrow, the Conference Board releases its monthly index of leading economic...
The trading week will be shorter, with financial markets closed Friday for Christmas Eve. Tomorrow, the Conference Board releases its monthly index of leading economic indicators. For five consecutive months, the gauge of potential growth has declined.
A European judge is expected to decide this week whether to suspend antitrust measures against Microsoft imposed by the European Union. Last March, European antitrust regulators ordered Microsoft to sell a version of Windows without a digital-media player and to license information about its operating system to rivals. Microsoft is appealing the ruling and has asked the courts to suspend the order pending an appeal.
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Financial markets, banks, government offices and most businesses are closed. … Boeing plants here will shut down for the holidays, reopening Jan. 4. One Boeing group likely not on holiday break will be the airplane sales staff. Though Boeing last month reiterated a year-end target of 200 orders for the 7E7, it still has announced only 82 orders for the new plane and only 52 of those are firm contracts. Expect a flurry of last-minute deals in the final days of 2004.
Look for TimesWatch, a monthly review of local economic indicators, in The Times’ Business section.