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August 2, 2002
Shares of Cisco Systems Inc. closed down more than 8 percent on Thursday amid rumors, swiftly denied by the company, that Cisco President and Chief Executive John Chambers would resign. A Cisco spokeswoman told Reuters that it was the company's policy not to comment on rumors, but she said there was no truth to the talk that Chambers was leaving. [ Infoworld ]
12:33:22 PM
A British teenager has been jailed for 12 years for murdering his elderly neighbour and drinking her blood in a vampire ritual. Vampire-mad art student Mathew Hardman, 17, cut out Mabel Leyshon's heart after stabbing her 22 times at her home in Llanfairpwll, North Wales, last November. [ CNN.com ]
12:30:12 PM
Two former WorldCom Inc. senior executives were led away in handcuffs yesterday for their alleged roles in the multi-billion-dollar accounting scandal that forced their company into bankruptcy protection, [ NationalPost ]