While new orders showed some vigor, shipments of computer products from April to May edged up a mere 0.9%, and total inventories remained virtually flat, rising only 0.2%. Unfilled orders actually declined by 1.1%.
WorldCom said it had improperly transferred line-cost expenses worth $3.055 billion in 2001 and $797 million in the first quarter of 2002 to its capital accounts, resulting in inflated earnings statements for those periods.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.