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Microsoft Corp. will shut down its high-profile adventure Web site Mungo Park early next year to focus more resources on Expedia, the software giant’s online travel agency. . . . The newly appointed Teamsters election overseer has been granted federal subpoena power to investigate James P. Hoffa’s unsuccessful 1996 campaign for the union’s presidency. . . . Soros Fund Management and affiliates acquired a 5.58% stake in Nine West Group, the largest U.S. maker of women’s casual and dress shoes. The Soros investment group purchased 2 million shares at $25.93 to $29.52 each between Nov. 13 and Dec. 9, according to an SEC filing.

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