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Looking for a Low Interest Rate? How About Zero?
Some Patients Are Too Sick to Be Helped by the Fed
Recession Seems Less Terrorizing

Holding Executives Accountable
A Splash of Cold Water
Employers Dodge a Bullet That Their Workers Can't

A Plan to Rerun Ads From the 70's
Family Circle Gets a Makeover
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The rainy days have arrived with full force. Now what do we do?

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Dow Sharply Higher; Nasdaq in Positive Territory
By REUTERS
Blue-chip stocks rose in afternoon trading on Tuesday, bolstered by upbeat earnings by consumer products giant Procter & Gamble.

Manufacturing Activity Contracts Again
By THE ASSOCIATED PRESS
Manufacturing activity declined for the ninth consecutive month in April, but at a slightly slower rate than in March, an industry group said on Tuesday.

3.4 Million Baby Seats Are Being Recalled
By JULIAN E. BARNES
The federal government will announce the recall of a combination infant carrier and car seat that has injured 97 children.

Ford and G.M. Report Slower Sales
By REUTERS
G.M. and Ford each saw a 16 percent slide in U.S. auto sales last month, the seventh-straight monthly drop in demand for vehicles from major domestic automakers.

P.&G. Earnings Increase 19%, Exceeding Wall St. Estimates
By JULIAN E. BARNES
Procter & Gamble reported earnings today that were higher than Wall Street had expected, but the company said sales declined in its third fiscal quarter.

Dow Chemical to Cut 4,500 Jobs
By THE ASSOCIATED PRESS
Dow Chemical Co. plans to cut 4,500 jobs, or 8 percent of its work force, doubling its earlier job-reduction estimate.

EMI and Bertelsmann Scrap Music Merger Talks
By REUTERS
After six months of talks and a failure to crack regulatory problems, EMI Group and Bertelsmann called off plans today for a major music merger.


MORE BUSINESS NEWS
• Vodafone Is Said to Be Close to a Deal for Japan Telecom
• Merger of Deutsche Telekom and VoiceStream Is Approved
• Free Rides Now Passé on Information Highway
• Pepsi Looks to a New Drink to Jolt Soda Sales
• Market Place: Eye Laser Company Faces New Competition
• Advertising: A Plan to Rerun Ads From the Disco Decade
• A Solid April Takes Some of the Sting Out of Winter Losses
• Pilots' Board Reviews Delta Offer
• Web Archive Opens a New Realm of Research
• More at a Wall Street Firm Are Investigated on I.P.O.'s
• Computer Associates Officials Defend Accounting Methods
• Reports Show Gains in March in the Economy
• Editor at Hollywood Paper Quits in Dispute Over Article
• McKesson Has Loss on Charges
• New Jersey High School Is Winner of Fed Contest
• Goodyear Cuts Jobs in Mexico
• German Media Company's Loss Surpasses Forecast
• Atlanta Company Offers to Buy Petroleum Exchange in London
• Model for Research Rises in a Third World City
• Deal for Oil Industry Innovator
• Vertex Buys Biotechnology Rival for $592 Million
• Germans Offer Plan to Remake Europe Union
• Incentive Plan Hurts Chrysler
• Monster.com Ends Suits on Ex-Workers
• Ex-Volvo Executive to Head Cadillac
• Bottler of Coke To Buy a Rival
• Long Before Recent Unrest, Cincinnati Simmered
• MarchFirst to Liquidate After Asset Sales Failed
• Tyson Reports $6 Million 2nd-Quarter Loss
• Withdrawals Set a Record at Stock Funds
• Addenda: Ferrari Chooses AG Worldwide
• Technology Briefing
• World Business Briefing

• Business Text Version



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BREAKING BUSINESS NEWS
AP  |  REUTERS

FROM REUTERS

Pulte to Buy Del Webb 2:59 p.m. ET

McDonald's Revamps Senior Management 2:49 p.m. ET

Dow Sharply Higher; Nasdaq in Positive Territory 2:04 p.m. ET

GM U.S. Vehicle Sales Fall 16 Percent 2:03 p.m. ET

Ford Reports Slower Sales 1:15 p.m. ET

Manufacturing Downturn Eases in April 1:05 p.m. ET

MORE REUTERS NEWS . . .

FROM A.P.

Microsoft Releases Web Server Fix 3:04 p.m. ET

Ford, GM Report Drop in Sales 3:00 p.m. ET

Accountants to Settle Fraud Suit 2:35 p.m. ET

JPMorgan H&Q CEO Resigns 2:30 p.m. ET

Pepsi Deal Approved by Quaker 2:28 p.m. ET

Blue Chips Soar; Tech Stocks Lag 2:24 p.m. ET

MORE A.P. NEWS . . .





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