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Ill. to Let SBC Up Network-Sharing Prices
Illinois is poised to give a financial boost to SBC Communications Inc. by raising the rates the phone company can charge competitors to use its local lines.  Full Story
 
Softbank Reports $852M Loss for Year
Softbank Corp., which invests in a variety of electronic commerce, publishing and technology service businesses, reported a wider loss for the latest fiscal year on a slight rise in sales.  Full Story
AP Photo – CHIAKI TSUKUMO  
 
Plaintiffs Win More Cigarette Suit Rights
An Illinois judge on Friday gave more rights to those who won a $10.1 billion judgment against Philip Morris USA to collect if the company ever files for bankruptcy protection.  Full Story
AP Photo – CHARLES REX ARBOGAST  
 
Fed: Fewer Banks Tighten Business Lending
Fewer U.S. banks reported tightening business lending standards during the past three months, encouraging news as the economy tries to regain firmer footing.  Full Story
 
Enron to Keep 19 International Assets
Enron Corp. announced plans to cluster 19 international power and pipeline assets in a new company as part of its Chapter 11 reorganization, ending efforts to sell the businesses after they did not draw satisfactory bids.  Full Story
 
Dow at Highest Level in Nearly 4 Months
Wall Street regained its upward momentum, and the Dow Jones industrials closed the week at the highest level in nearly four months.  Full Story
AP Photo – T. GRAY  
 
End of Seattle Papers' Agreement Cleared
The Hearst Corp. lost a bid to halt a countdown toward the end of the Seattle Post-Intelligencer's publishing agreement with The Seattle Times.  Full Story
 
Trade Groups Sue Wis. Over No-Call List
Trade groups and business people filed a lawsuit Friday challenging the rules for Wisconsin's telemarketer no-call list.  Full Story
 
Upbeat Outlooks Help Dow Close 113 Higher
Wall Street regained its upward momentum Friday after upbeat outlooks from companies including Intel and Nvidia motivated investors to buy after two days of declines. The Dow Jones industrials climbed 113 points.  Full Story
AP Photo – T. GRAY  
 
Berkshire Hathaway Posts Huge Qtr. Gains
Boosted by insurance gains, Berkshire Hathaway Inc. nearly doubled its net income in its first quarter, the company said Friday.  Full Story
 
Pooh Copyright Fight Deals Blow to Disney
A federal court judge has denied an attempt by the granddaughter of Winnie the Pooh creator A.A. Milne to reclaim the family's copyrights and reassign them to The Walt Disney Co.  Full Story
 
Berkshire Hathaway Posts 1st Qtr. Gains
Boosted by insurance gains, Berkshire Hathaway Inc. nearly doubled its net income in its first quarter, the company said Friday.  Full Story
 
United Follows American, Boosts Fares
United Airlines on Friday raised non-sale fares on its North American routes by $10 per round trip starting June 1, matching a move made by American Airlines a day earlier.  Full Story
 
Burger King Wants to Promote Quality
Burger King Corp. is refocusing its marketing to emphasize the quality and taste of its sandwiches, as the company tries to move away from the deep discounts that have hurt profits industrywide.  Full Story
 
Friday's Markets Glance
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Friday's Wall Street Glance
Wall Street's Numbers At a Glance  Full Story
 
Bond Prices Rise; Market Digests Auction
Bond prices rose Friday, as the market digested the auction of 10-year notes that had generated relatively weak demand.  Full Story
 
Action Suggested Against Raymond Adviser
Raymond James Financial Inc. said Friday that Securities and Exchange Commission staff is recommending enforcement action against one of its advisers who allegedly misappropriated $12.5 million.  Full Story
 
Dow Closes Up 113 on Upbeat Outlooks
Wall Street regained its upward momentum Friday after upbeat outlooks from companies including Intel and Nvidia motivated investors to buy after two days of declines. The Dow Jones industrials climbed 113 points.  Full Story
 
Caltech to Turn Closed Hospital Into Lab
The California Institute of Technology announced Friday it is buying a shuttered hospital and intends to transform it into a research center housing laboratories and offices.  Full Story
 
Euro Continues Rally Against Dollar
The euro surged above $1.15 on Friday to a level it hasn't touched since it was less than a month old in 1999 and making many wonder how high it can go.  Full Story
 
Friday's Standard & Poor's
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Friday's Most Active Stocks
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NASDAQ Indexes
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New York Exchange Prices S-Z
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