Tuesday, March 23, 2004
Some business stuff now..
Walmart finished #1 on the Fortune 500 list yet again, followed by Exxon Mobil and GM. If someone has the entire list, could you please post it here. Also, any clues if ONGC and/or Reliance made it to the list?
The markets reacted to the Israel situation and the global security shocks and concerns are having an impact on the market. They finished at new lows for 2004 so far. I'll be carefully watching the markets for the rest of the year.
Microsoft is likely to be fined a huge sum of $613.5 million by the EU. They have about $53 billion in cash reserves so its not too bad for them. However, they will appeal but I think they will lose the appeal.
Thats abt it for the moment.
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