October 26, 2001 |
The San Francisco-based Pacific Exchange regional stock market and Archipelago, an electronic trading network, on Thursday won U.S. approval to form an automated stock exchange that will compete with the New York Stock Exchange. The Securities and Exchange Commission approved the joint venture to create the Archipelago Exchange, which will become the first fully electronic U.S. stock exchange trading in all U.S. stocks.
CALIFORNIA | LOCAL
April 8, 2001 |
From her office window overlooking Juneau Harbor, Michele Brown surveys a slice of what could be Alaska's third-largest city--not Juneau itself, but a cruise ship fleet. The industry brought 640,000 travelers to Alaska last year, compared with 200,000 a decade ago. But Brown, the state's environmental conservation chief, says it also brings something else--water pollution.