News OnLine
- Ohio man settles stock pump-and-dump allegations
A Cleveland man, known as "PennyStockMan," settles allegations accusing him of using the Internet to pump up the stock of a company and make windfall profits.
October 7, 2001, 4:05 p.m. PT
- GM German unit to test-drive online car sales
The German subsidiary of General Motors will begin selling cars online at a discount through a pilot program to pump up sales and freshen its image.
October 7, 2001, 3:20 p.m. PT
- Dow jumps 138 points; techs add to gains
update Technology stocks keep their winning streak intact as the Nasdaq composite scampers up another 19 points to finish at 2,223.92.
October 7, 2001, 2:00 p.m. PT
- Commerce Department: 1999 a good year for B2B
A government survey finds that e-commerce was dominated by business-to-business transactions in 1999. But the segment is now struggling with expansion problems.
October 7, 2001, 1:20 p.m. PT
E-learning companies look smart even in a down market
Investors have given the e-commerce sector failing grades, but the online-learning niche may be headed for another straight-A semester.
Stock in many education companies is hovering near 52-week highs, and analysts are lavishing praise on the small but growing industry. Although investors dismissed the for-profit education industry in the mid-1990s as dull and risk-averse, it has roared back into favor and is enjoying the spotlight as a reliable, recession-proof haven for those who have grown weary of technology stocks' hair-raising volatility.
But it's hard to predict how long the online-learning industry's Wall Street honeymoon will last. Although some of the companies predate the popularization of the Internet, they are expanding heavily into Web-based e-commerce, spending lavishly on marketing and leaving themselves exposed to the same variables that have ravaged the broader technology industry.