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daily link  Tuesday, July 09, 2002

MarketWatch: Jobless rate, stock market don't signal recovery. "The major averages so far are falling for the third year in a row. The last time that happened was 60 years ago. And if the umpire does decide that the recession ended last December, this would mark the first time since the 1920s that the stock market has failed to rise during the first six months of an economic recovery."
permalink Posted to finance @ 10:01:46 PM ( comments)

CNET: Billpoint failure a lesson for eBay? "Analysts say Billpoint failed because of a poor business plan, aggressive competition from PayPal, and hostility from eBay sellers."
permalink Posted to finance, payments @ 9:59:00 PM ( comments)


Copyright (C) 2002 Paul Kulchenko Click here to send an email to the editor of this weblog. Updated 8/22/2002; 5:27:41 PM