Biz

  • Biz

CL losses sink job of ex-boss

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Credit Lyonnais' massive 1993 loss of 6.9 billion francs ($ 1.2 billion) has claimed a surprise victim, with reports that former bank chairman Jean-Yves Haberer has been sacked from his new job…

Marketplace

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Biz caught in street's slide

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Entertainment stocks foundered along with the rest of Wall Street Wednesday, with the Dow Jones Industrial Average down 72.27 points to 3,626.75 -- a drop of 2% for the day and 8.8% since the Dow's…

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MGM sued by Parretti

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Still licking his wounds after three years, Giancarlo Parretti is back banging on the lion's cage. An attorney for the Italian businessman filed a $ 3.9 billion lawsuit as the court closed Wednesday…

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BMG deal Crystal-izes

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Bertelsmann Music Group has entered into a long-term distribution agreement to market, sell and distribute interactive entertainment fare produced by Crystal Dynamics, a Palo Alto software company…

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