WALL STREET JOURNAL - Latest News - Dow Slips on Fed Comments
The Dow industrials fell 5.21 points to 11339.84 after Fed President Moskow said the central bank might need to raise rates to fight inflation. Investors also weighed Iran's response to incentives to end its nuclear program.
Sun Shines Again in Server Market
Sun Microsystems took back a sizable chunk of the market for server computer systems last quarter, market researcher IDC said.
Microsoft Sues 'Cybersquatters'
Microsoft filed three lawsuits against "cybersquatters," people who register addresses with trademarked terms or common misspellings to lure Web surfers and profit from pay-per-click advertising.
Mills Lines Up Xanadu Financing
Colony Capital agreed to invest up to $500 million in Meadowlands Xanadu, removing Mills from the New Jersey mall project.
Coles Myer Receives Friendly Bid
Coles Myer said it received a bid from a leveraged buyout group seeking a friendly takeover of the Australian retailer.

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