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Investor's Business Daily

| November 04, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Microsoft Deal Largely Accepted

1U.S. District Judge Colleen Kollar-Kotelly OK'd most aspects of the software giant's antitrust settlement with the Justice Dept. She largely rejected nine states' demands for stiffer penalties. Microsoft must disclose some technology to rivals months earlier than the initial deal required, but the firm and DOJ were pleased. Microsoft rose after hours. More on this page

Economy Lost Jobs Again In Oct.

2Nonfarm payrolls fell 5,000 last month as unemployment ticked up to 5.7%. Economists expected a small rise in jobs and a jobless rate of 5.8%. Jobs were revised up for Aug. and Sept. The results weren't as bad as some had feared, but they weren't good, either: Employment shrank for a second straight month. More on this page, A2

Factory Sector Stumbled In Oct.

3The Institute for Supply Management's manufacturing index fell to 48.5, the lowest since Dec. 2001, a worrying sign the economy may be faltering entering Q4. The index stood at 49.5 in Sept. Above 50 shows growth; below, contraction. The ISM and jobs data give the Fed more reasons to cut interest rates Wednesday. More on this page

Auto Sales Dive On Comparisons

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