Telecommunications industry
GTE Corporation, the nation's largest local telephone system operator, has entered the rapidly growing market for interactive video games and multimedia computer programs with the creation of a new business unit, GTE Interactive Media. This strategic move marks a significant departure from GTE's traditional focus on
Telecommunications industry
GTE Corp., the nation's fourth-largest phone company, has finally entered the consumer software publishing market after four years of planning. The company, GTE Interactive Media, will introduce 20 titles later this week aimed at boys between the ages of 6 and 18, a demographic that constitutes the majority
Stock exchanges
The Dow Jones Industrial Average surpassed the 3800 barrier on Thursday for the first time ever, with the Dow industrials adding 5.06 points to 3803.88, marking its second straight record close. The Dow transportation also set its second straight record close, climbing 23.38 to 1802.21. However,
Newspaper publishing
Stocks on Wall Street experienced a lackluster start to the new year, with the Dow Jones industrial average edging up 2.51 points to 3756.60, despite solid gains in two Dow components: Aluminum Co. of America and Chevron. The New York Stock Exchange composite index eased 0.81 to
Newspaper publishing
Wall Street's efforts to regain momentum in the new year were met with caution and uncertainty on Monday, as bond prices weakened and stocks opened narrowly mixed. Despite positive economic news, including a surge in the manufacturing sector, investors are still grappling with the impact of "end-of-the-year
