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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Short Reports

From Staff

Battle-weary capitalists wrapped up their global money summit a day early Wednesday, saying their business was finished and they had not been influenced by hooded protesters in Prague digging up cobblestone streets to pitch rocks at police. Delegates from the World Bank and International Monetary Fund were scheduled to finish their joint annual meeting today. But they ended ahead of schedule, with top officials delivering closing speeches by late afternoon.

Shares of Priceline.com fell 42 percent Wednesday after the company warned Wednesday that its third-quarter revenues are likely to fall short of expectations.

The Commerce Department reported Wednesday that orders for durable goods rose by a solid 2.9 percent last month to a seasonally adjusted annual rate of $216.1 billion.

Shares of music retailer K-tel International were delisted from the Nasdaq Stock Market on Wednesday, because the company no longer meets minimum requirements. Nasdaq guidelines specify that companies must be worth at least $50 million and have $15 million in stock on the market. The stock will continue to be traded over-the-counter.