The high court will hear an appeal by ex-CEO Jeff Skilling. Plus: In response to a New York state probe, BofA is ready to give up documents related to its Merrill Lynch buyout.
FORMER
ENRON C-E-O JEFF SKILLING WILL GET ANOTHER DAY IN COURT.
THE SUPREME COURT SAYS IT WILL HEAR AN APPEAL FROM SKILLING WHO IS CURRENTLY
SERVING A 24 YEAR PRISON TERM FOR HIS ROLE IN THE COLLPASE OF THE ENERGY GIANT.
BANK OF AMERICA HAS AGREED TO HAND OVER DOCUMENTS RELATED TO ITS BUYOUT OF
MERRILL LYNCH.
NEW YORK'S ATTORNEY GENERAL IS LOOKING INTO WHETHER THE BANK MISLED INVESTORS
ABOUT MERRILL'S HUGE LOSSES WHILE STILL PAYING OUT 3-POINT-6 BILLION DOLLARS IN
BONUSES TO ITS EXECUTIVES.
INSTEAD OF WATCHING THE DOW CLIMB BACK TO 10-THOUSAND.. A MIXED EARNINGS REPORT
FROM JOHNSON & JOHNSON WEIGHED ON INVESTORS.. WHO WANT A CLEAR SIGN SALES
ARE REBOUNDING AT BIG U-S COMPANIES.
THE DOW LOST ALMOST 15 POINTS.
WHILE THE NASDAQ MANAGED TO INCH UP THREE-QUARTERS OF A POINT.
THE WALT DISNEY COMPANY IS GETTING READY TO GIVE ITS STORES A HIGH-TECH
MAKEOVER.
DISNEY PLANS TO SPEND ABOUT A MILLION DOLLARS ON EACH RETAIL LOCATION..
INSTALLING INTERACTIVE DISPLAYS TO ENTERTAIN CHILDREN.. AND KEEP THEM IN THE
STORE LONGER.
STEVE JOBS.. WHO NOW SITS ON DISNEY S BOARD.. ENCOURAGED THE COMPANY TO LOOK AT
THE APPLE STORE MODEL.
DISNEY WILL UNVEIL THE NEW LOOK IN MAY.
FOR MORE HEADLINES, CLICK ON CBSMONEYWATCH.COM. IN NY, I'M ALEXIS
CHRISTOFOROUS.
© 2009 CBS Interactive Inc. All rights reserved.
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