network
Nortel Networks' President and Chief Operating Officer Gary Daichendt has decided to leave the company because of a difference of business views…
The Washington Post reported that NASA Administrator Michael Griffin intends to get rid of about 20 officials by sometime in August. Two of the people to be ousted are leaders of the space shuttle program.
Citigroup was sued by a group of investors led by the University of California over its role in the fall of Enron. Citigroup agreed to pay $2 billion to settle.
Fears that a tropical storm moving into the U.S. Gulf area have kept oil prices above $54 a barrel. Traders are concerned that the storm will disrupt production in the area.
A group of Enron investors fronted by the University of California has gotten $2 billion out of Citigroup as it agreed to pay this amount to settle a lawsuit.
Nokia and Intel announced that they are working together to speed up the development, and deployment of WIMAX technology to bring new capabilities to mobile users over high-speed broadband networks.
