Jesse Angelo

The Archive

SPRING'S 'DIAMOND' JUBILEE

WE GET March bliz zards, April rains and I can't remember the last time the sun was shining. Now is the time for baseball. We need it. We need Randy...

GM SAYS 'YES' TO FURTHER SKY GLOBAL TALKS

General Motors cleared the way yesterday for further talks with News Corporation over combining its Hughes Electronics unit with the media giant's Sky Global Networks worldwide satellite venture. After reviewing...

RATE-CUT RALLY BOOSTS MARTS; DOW UP 200

As hopes grew for a surprise interest rate cut this week, the Dow Jones industrial average posted its biggest one-day gain since Jan. 3 - the last time the Federal...

ANGELL OF THE MARKETS : ANALYST SEES FED RATE CUT AS STOX FLIRT WITH BEARS

Investors owe Bear Stearns economists Wayne Angell and John Ryding a big thank you. With the Nasdaq in freefall and the S&P 500 officially in a bear market, Angell and...

FORMER G+J EXEC TO FILL BMG VOID: SOURCES

Bertelsmann boss Thomas Middelhoff has moved quickly to fill the top spot at record label BMG - and he's turned to his in-house creative wiz to get the job done....

GOODBYE, 2000, AND GOOD RIDDANCE!

For many investors, 2000 was the year of living dangerously. With the rout in the technology and Internet sectors, many saw their portfolios and 401(k) savings notch up drastic losses...

COMCAST'S LOOKING TO ROPE AT&T CABLE

Comcast is making a bid to become the largest cable company in the country. The No. 3 cable operator is in talks with Michael Armstrong's battered AT&T to buy Ma...

ARMSTRONG COULD BE TRADING HEADACHES

If AT&T were to sell its cable systems to Comcast, it could solve some of CEO Michael Armstrong's biggest problems - and make some of them worse. The biggest plus...

CURRY SUIT ENDS - MORGAN STANLEY, EX-STAFFER CALL TRUCE

A resolution to Christian Curry's explosive $1.78 billion racial discrimination suit against Morgan Stanley Dean Witter is set to be announced today, The Post has learned. The end to the...

PICTURE THIS: FEDS EYE GATES' STOCK-PHOTO BIZ

Bill Gates and the Department of Justice do not get along. The feds are reportedly exploring another possible antitrust suit against the Microsoft founder over his photograph archive company, Corbis....

STRONG-ARMING AT&T - TW'S LEVIN HAS ARMSTRONG IN A BIND

With a seriously lagging stock price and a number of possible merger ideas on the table, AT&T boss Michael Armstrong has plenty of headaches. But one of his biggest is...

DEUTSCHE TELEKOM BUYING VOICESTREAM

Ron Sommer finally achieved his dream - but is he paying too much for it? The Deustche Telekom boss is set to get his hands on a U.S. wireless operator...

TELEFONICA TEAM MAY BLITZ WARNER-EMI DEAL

Time Warner execs will discover today whether their bid for record giant EMI will be spoiled by a last-minute rival offer from a mysterious consortium led by Spain's Telefonica SA....

BOO.COM BOUGHT FOR A SONG

The high-profile disaster Boo.com has reportedly found a buyer to snatch it away from liquidation - for a mere $372,500. The defunct e-tailer was sold by liquidators KPMG to well-known...

DEN'S IN DIRE STRAITS - SEEKS BUYER AS INVESTOR WELL RUNS DRY

The scandal-plagued Digital Entertainment Network is on the block. The company is looking for a buyer or a merger partner after investors refused to pony up more cash for a...

DOW JUMPS 169, NASDAQ OFF 62 AS WILD WEEK ENDS

The Nasdaq Composite index posted a loss for the second day in a row yesterday but still closed for the holdiay weekend with its biggest weekly gain ever. The tech-heavy...

GE BACK IN SPOTLIGHT OLD ECONOMY CO. AGAIN MOST VALUABLE AS TECHS TANK

General Electric has once again reclaimed the title it held for most of the 1990s: The World's Most Valuable Company. For the last few months, the tigers of the computer...

TECHS AND BLUE CHIPS FIRM UP

Stocks posted healthy gains yesterday as investors snatched up technology stocks beaten down in the roller-coaster markets of the last two weeks. Tech companies expected to post strong earnings and...

CHUCK: RESTRICT MARGIN BUYING

Sen. Charles Schumer (D-N.Y.) yesterday renewed his call for tighter borrowing requirements for investors in the wake of Tuesday morning's huge sell-off. The stock market has seen an explosion of...

SINKING TECHS GIVE CASH INFUSION TO DOW MICROSOFT LEADS TECHS IN TANKING

The Old Economy is dead -- long live the Old Economy! Investors took a page out of their fathers' stock almanac yesterday and rushed to snatch up boring, undervalued companies...