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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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New Crash Courses in Economics


At Colleges Prosperity Lifts Expectations


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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

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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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