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Egghead moves jobs to cut costs

Article Abstract:

Internet World Wide Web-based retailer Egghead.com has announced the relocation of 46 employees from its headquarters in Menlo Park, CA, to its Vancouver, WA, offices to cut costs. The measure is part of the electronic retailer's overall plan to become profitable by Dec 31, 2001. The relocations represent roughly 20% of Egghead.com's 220-member workforce. The announcement appears to be part of a trend among online companies or dot-coms to relocate to cut costs. PlanetRx.com has also announced that it will move from San Francisco, CA, to Memphis, TN, to cut costs.

On-Line Information Services, Personnel administration, Videotex & Teletext, Egghead.com Inc.

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Judge fines Microsoft $1 million

Article Abstract:

Federal judge Janet Hall has directed software developer Microsoft to pay rival developer Bristol Technology $1 million in punitive damages. The award relates to a lawsuit brought on by Bristol Technology that accused Microsoft of antitrust practices and violating Connecticut's unfair trade law. A jury acquitted Microsoft on antitrust claims and fined the manufacturer only $1 in compensatory damages for its deceptive practices. However, Hall described the company's promises to support Bristol as 'reckless and wanton.'

Software Publishers, Legal issues & crime, Computer Software, Microsoft Corp.

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Ford idles sport-utility plant

Article Abstract:

Automaker Ford Motor Co has temporarily shut down its facility in Wayne, MI, because of technical problems with an automatic transmission that is used with some of the manufacturer's larger V-8 engines. The company will fix 866 vehicles that were sold with the transmissions in question. The shutdown was effected during the week of Aug 21, 2000, but the plant will reopen on Sep 5, 2000. The Wayne factory builds the Ford Expedition and Lincoln Navigator.

Facilities & equipment, Transportation Equipment Manufacturing, Motor Vehicles & Parts, Ford Motor Co.

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