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BUSINESS
June 30, 1998 | From Bloomberg News
Motorola Inc., Packard BioScience Co., and the Argonne National Laboratory said Monday they will work together in a $19-million, five-year venture to develop so-called biochips to speed up the decoding of genes and other biological research. Motorola, which makes cellular phones and semiconductors, will spend $9.3 million to mass-produce a biochip invented by Argonne, a U.S.
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BUSINESS
June 30, 1998 | From Bloomberg News
Motorola Inc., Packard BioScience Co., and the Argonne National Laboratory said Monday they will work together in a $19-million, five-year venture to develop so-called biochips to speed up the decoding of genes and other biological research. Motorola, which makes cellular phones and semiconductors, will spend $9.3 million to mass-produce a biochip invented by Argonne, a U.S.
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BUSINESS
May 29, 2000 | ELIZABETH DOUGLASS, TIMES STAFF WRITER
A new wave of companies is steadily staking claim to a piece of the communications future. For now, these promising firms are mostly hidden among a glut of "dot-com" ventures. That obscurity, however, is not likely to last. That's because this group of companies is harnessing the power of next-generation networks that carry phone and Internet traffic together, making possible a host of new services that combine the strengths of both phones and computers.
BUSINESS
March 25, 2000 | From Times Wire Services
Stocks ended a dramatic week in mundane fashion Friday, closing narrowly mixed, but Treasury yields soared on interest rate concerns. The Nasdaq composite index rose 22.42 points, or 0.5%, to 4,963.03; the Standard & Poor's 500 inched up 0.11 point to 1,527.46, its fourth-straight record close; and the Dow Jones industrial average dipped 7.14 points, or 0.1%, to 11,112.72. The S&P's 4.3% gain for the week erased its year-to-date decline, leaving the index 4% higher in 2000. The Dow's 4.
BUSINESS
April 29, 2003 | Walter Hamilton and Thomas S. Mulligan, Times Staff Writers
One of the biggest scandals in Wall Street history reached an important watershed Monday when securities regulators announced a sweeping legal settlement that will change the way brokerage firms do business and require their stock analysts to tell the truth. The accord, reached with 10 major firms after months of painstaking negotiations, calls for the industry to pay $1.4 billion and implement various reforms to restore investors' shaken trust in Wall Street.
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