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Market Place: Possible Opening for Unions in German Software Company Thousands of SAP employees will take what could be the first step toward bringing unions into Europe’s most successful software developer.

Strategies: It Looks So Good on Paper. Why Doesn’t It Work? Exchange-traded funds have many advantages, but mutual funds beat them in some model portfolios.

Paul A. Flaherty, a Developer of Web Indexing, Dies at 42 Paul A. Flaherty was a computer engineer who had the original idea for AltaVista, the first Internet search engine to make an encyclopedic effort to index the World Wide Web.

Economic Index Declined 0.2% in February A closely watched gauge of future economic activity declined slightly in February after rising in January, a private research group said.

Off the Charts: Setting a Dubious Record, Again, but Still Not Out of Line The balance-of-payments deficit in the U.S. set another record in the fourth quarter, as it rose to 7 percent of the gross domestic product.

Market Place: U.S. Overture to London Exchange Stirs Talk of a Merger by European Rivals Deutsche B rse welcomed Euronext’s expression of interest in striking a deal that would create a pan-European company.

A Studio Boss and a Private Eye Star in a Bitter Hollywood Tale Prosecutors are trying to determine which of Anthony Pellicano’s clients knew about the acts that have led to his indictment.

Jobless Rate in Canada Fell to 6.4% in February The Canadian economy added 24,700 jobs in February and the unemployment rate returned to historic lows, but all the gains were in part-time employment.

Shares Fall on Texas Instruments Forecast By Bloomberg News.

Advertising: The Bright Side of Industry Upheaval Speakers at the annual conference of the American Association of Advertising Agencies stressed the need to cater to consumers who are empowered by technology and widening content choices.