The Nasdaq Stock Market plans to seek a change in legal status so it can trade some NYSE-listed stocks, including GE, AT&T and IBM. It will seek SEC approval by November to register as an exchange.
Americe Online formed a marketing alliance with CompUSA to sell personal computers with a customized keyboard that will let users get to AOL by pushing one button.
Joan Tibbetts of Annandale, whose late father spent years claiming Best Foods stole the Skippy name and logo from him for its peanut butter products, agreed to close her Web site (www.skippy.com) until a final court hearing is held in two weeks. She had set up the site to air her father's claims.
Banque Nationale de Paris was refused permission to keep its minority stake in Societe Generale, effectively ending BNP's hopes of creating Europe's largest bank.
Giant Food may close its Jessup soft drink and bottled water facility to cut costs. The Landover firm has been in talks with the Teamsters union, which represents the plant's 26 workers. Giant plans to make an announcement on the facility's fate within two weeks.
Volkswagen is recalling about 428,000 cars built in 1998, after it discovered a fault that could cause premature wear of the front axle. The recall is for 270,000 VW Passat cars and, from its Audi unit, 158,000 of the A4, A6 and A8 models.
Graco Children's Products is recalling 100,000 activity trays and bath sets because the suction cups used to hold them in place pose a choking hazard. The products were sold as Graco and Children on the Go brand Stroller Snack and Activity Trays, Bathtime Activity Trays and Bathtime Toy Netting sets. Consumers should contact the firm at 1-800-446-1366.