Refusing to take no for an answer, Carnival Corp. came up Thursday with its fourth hostile offer for P&O Princess PLC in an effort to prevent P&O from merging with Royal Caribbean Cruises Ltd.
Tough market conditions caused a significant drop in profits at WorldCom Inc. in the fourth quarter, falling short of Wall Street's expectations, the company reported Thursday.
Internet users found a new reason to send e-mail - for emotional support - following the Sept. 11 attacks, and a UCLA study suggests that the discovery may transform use of the communications tool.
Online payment provider PayPal Inc. on Wednesday delayed an initial public offering of stock that will test investors' tolerance for rapidly growing Internet companies saddled with heavy losses.