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Keyword: internetboom

Brevity: Headers | « Text »
  • Clinton On '60 Minutes': Tax Cut Is Bad Economics

    03/09/2003 7:55:14 PM PST · by Nachum · 52 replies · 317+ views
    katv.com ^ | March 9, 2003 | AP
    New York (AP) - Former President Clinton, in his first televised mini- debate with Republican Bob Dole on Sunday, said that a tax cut at a time that war is looming in Iraq is "bad economics." Dole, Clinton's opponent in the 1996 presidential election, said the Bush administration has launched a global war to protect the American way of life, "which means, among other things, the freedom to save or invest our own money." The retired politicians have agreed to revive the "Point-Counterpoint" segment on "60 Minutes," television's most popular newsmagazine. In the two-minute debate, the two will face off...
  • BILL CLINTON TO EXPLAIN HIS RECESSION ON CBS’ “60 MINUTES” (RNC Research)

    03/08/2003 5:29:15 PM PST · by PhiKapMom · 80 replies · 4,368+ views
    Republican National Committee ^ | 8 March 2003 | RNC Research
    RNC RESEARCH BILL CLINTON TO EXPLAIN HIS RECESSION ON CBS’ “60 MINUTES” Months Before Final 60 Minutes Ran Out On Clinton Administration, The Economic Recession Had Already Begun _______________________________________________________ “President Bush’s main economic policy -- the large tax cut of last year was not responsible for any of the current damage [to the economy]. Indeed, given the twin shocks of 9/11 and the post-Enron stock market decline, the short-term stimulus created by the tax cuts has turned out to be fortuitously well timed.” (Editorial, “Negative Al Gore,” The Washington Post, October 5, 2002) ECONOMIC DATA CONFIRMS SLOWDOWN BEGAN UNDER CLINTON...
  • EBay Plans to Shut Down Half.com Unit (Whoa!)

    03/07/2003 1:53:03 AM PST · by Dont Mention the War · 26 replies · 279+ views
    Associated Press ^ | March 6, 2003
    Mar 6, 6:58 PM ESTEBay Plans to Shut Down Half.com Unit SAN JOSE, Calif. (AP) -- EBay Inc. said Thursday it would shut down Half.com, its fixed-price subsidiary for used books, CDs, videos and other common household items, in late 2004.Half.com founder Josh Kopelman also said he would leave the company's office in Plymouth Meeting, Pa., effective April 15.The San Jose, Calif.-based online auction company purchased Half.com in a June 2000 stock swap. The acquisition of Half.com, which at the time listed about 1 million items and had about 250,000 registered users, significantly increased eBay's operating expenses for several quarters.Founded...
  • Overture snaps up Alta Vista for just $140m [RIP for search engine]

    02/19/2003 11:06:00 AM PST · by Fractal Trader · 19 replies · 460+ views
    The dramatic collapse in the value of internet companies was highlighted once more by Overture's $140m acquisition of Alta Vista, one of the pioneers of web search and once one of the world's most coveted online companies. Alta Vista's struggling parent CMGI, the Massachusetts-based technology group, has sold one of its crown jewels for just a fraction of the $2.3bn it paid to Compaq in 1999, when it took an 83 per cent stake in Alta Vista. Overture, which calls itself "the world's leader in Pay-For-Performance search", allows advertisers to bid for well-placed spots among web search results on sites...