Also
- Share via
* The NASD, formerly known as the National Assn. of Securities Dealers, is said to be close to a deal to sell the American Stock Exchange to the stock and option exchange’s 864 members, people with knowledge of the matter said.
* Bassett Furniture Industries Inc. and other U.S. furniture makers petitioned the Bush administration to levy tariffs of as much as 440% on $1 billion a year of bedroom sets from China.
* Tenet Healthcare Corp. said it closed the sale of five hospitals in Florida, Missouri and Tennessee to Health Management Associates. Santa Barbara-based Tenet also completed the sale of Elkins Park Hospital in Philadelphia to Albert Einstein Healthcare Network. Tenet said it would receive about $565 million from the sales.
* Internet search site Ask Jeeves Inc. named President Steve Berkowitz chief executive, effective Jan. 1. Berkowitz will succeed A. George Battle, who was named executive chairman.
* Fluor Corp. agreed to buy the embassy-building business of J.A. Jones Construction Co. for $4 million to boost its sales to the U.S. government.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.