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Halliburton bankrupts own units

US oil and construction company Halliburton has put two of its businesses into voluntary bankruptcy as it prepares to settle asbestos claims.

The company, once headed by US Vice President Dick Cheney, has agreed to pay about $4bn (£2.3bn) to workers exposed to the killer mineral

Microsoft abandons older Windows

Thousands of companies and individuals could face security headaches and inconvenience as Microsoft stops selling some of its older products.

It has announced it is withdrawing products such as Windows 98, Windows NT 4 and Outlook 2000.

The decision was made because the programs contain code outlawed under a legal deal with rival Sun Microsystems

US exchange sued by pension fund

The US’s largest pension fund, Calpers, has sued the New York Stock Exchange and seven specialist trading firms alleging trading abuses.

The lawsuit said improper trading by the specialist firms went unchecked by the NYSE.

“We are filing today a landmark lawsuit to recover losses and to right a serious wrong that exists at the New York Stock Exchange,” Calpers said

Tyson Foods not offering severance pay

MANCHESTER, N.H. (AP) — The union representing assembly line workers at Tyson Foods in Manchester says the company is not offering severence pay to most of the workers who will lose their jobs when plant closes in February

Halliburton Questioned regarding Iran

New York official wants information

By DAVID IVANOVICH

Copyright 2003 Houston Chronicle Washington Bureau

WASHINGTON — New York City’s comptroller is prodding Houston-based Halliburton Co. to release more details about its business dealings in Iran.

William Thompson Jr

State Tax Report

In a decision that reinforces the state’s right to tax companies on all transactions, Chancellor Carol McCoy ruled against Pfizer, Inc., in its lawsuit against Tennessee Commissioner of Revenue Loren Chumley.

“Pfizer has misconstrued the statutory classifications,” McCoy said in her judgment

Halliburton in Iraq fuel costs row

Washington (BBC)- Halliburton, the oil services and construction group, has been accused by US lawmakers of charging “inflated prices” when they sell petrol to US troops in Iraq.

Halliburton charges the US government more than $1.59 (£0

Microsoft faces new probe

The US state of Massachusetts is investigating whether the software giant Microsoft has violated its anti-trust settlement with 18 other states.

Massachusetts said it would look at allegations that the company retaliated against a computer maker for promoting the rival operating system, Linux.

In a court filing, the state said that none of the allegations had been resolved and it would “move forward on an enforcement path should its investigations identify provable violations”

Qwest settles fraud investigation

Qwest Communications settled a long-standing consumer fraud lawsuit with the Arizona Attorney General’s Office Monday by agreeing to pay a $3.75 million fine and to better inform customers about their options.

The suit, filed in 2001 by then-Attorney General Janet Napolitano, accused Qwest of numerous violations of Arizona’s Consumer Fraud Act, including placing unauthorized charges on consumers’ bills; failing to disclose charges associated with repairs and installation; engaging in false and misleading advertising; and setting up customer service departments that frustrate consumers’ attempts to resolve problems

Tyson pleads guilty in pollution case, will pay $7.5 million in fines

Tyson Foods Inc. pleaded guilty Wednesday to 20 felony violations of the federal Clean Water Act and agreed to pay $7.5 million in criminal and civil fines