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Panel Nixes Plan to Excuse Philip Morris
An Illinois Senate committee rejected a plan Thursday to excuse cigarette-maker Philip Morris from paying a $12 billion bond before it can appeal a court judgment.  Full Story
 
Philip Morris $12B Bond Ruling Will Stand
An Illinois Senate committee rejected a plan Thursday to excuse cigarette-maker Philip Morris from paying a $12 billion bond before it can appeal a court judgment.  Full Story
 
Delta CEO Cuts Salary After Criticism
Delta Air Lines chairman and CEO Leo F. Mullin will reduce his salary by 15 percent and not accept incentive payments after the company endured harsh criticism of a compensation package that paid him nearly $13 million last year.  Full Story
 
U.S. Airways Chief Derides Exec Pay Plan
Executive compensation in the airline industry deserves scrutiny, but a congressional proposal to freeze pay would merely reward those who are already overpaid, US Airways president David Siegel said Thursday.  Full Story
AP Photo – CHARLES DHARAPAK  
 
Tokyo Stocks Down in Morning Trading
Tokyo stocks lost ground Friday morning after New York shares fell modestly on Thursday. The dollar was up against the yen.  Full Story
 
Herbalife Hires Disney Exec As New Chief
Nutritional products maker Herbalife International Inc. has hired Walt Disney Co. executive Michael Johnson as its new chief executive, Herbalife said Thursday.  Full Story
 
UnumProvident Hit With $84.5M Verdict
A federal jury in Arizona has slapped disability insurer UnumProvident Corp. with an $84.5 million verdict for mistreating an injured policyholder, marking the latest rebuke of the company's business practices.  Full Story
 
Calif. Pushes Back Sale of Tobacco Bonds
The financial troubles of the nation's largest cigarette company could deal a severe blow to California's already troubled financial situation, state officials warned Thursday.  Full Story
 
Thursday's Markets Glance
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Thursday's Wall Street Glance
Wall Street's numbers for Thursday  Full Story
 
United, Mechanics Settle Contract Dispute
United Airlines and the Machinists union have settled a contract dispute over plans by the bankrupt airline to temporarily close its Indianapolis maintenance center, the union said Thursday.  Full Story
 
Bond Prices Mostly Higher
Bond prices were mostly higher Thursday, with investors acting cautiously as American troops closed in on Baghdad.  Full Story
 
NYSE Backs Off Analyst Disclosure Rule
The New York Stock Exchange on Thursday backed off a proposal requiring media disclosure of analysts' conflicts of interest, a rule that news outlets had criticized as onerous.  Full Story
 
Thursday's Money Rates
Money rates for Thursday as reported by Moneyline Telerate as of 4 p.m.:  Full Story
 
Thursday's Telerates
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Thursday's Commodities Roundup
Crude oil futures rose moderately Thursday, recouping some of the recent losses that were triggered by hopes of a quick war in Iraq.  Full Story
 
Standard & Poor's Stock Indexes
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Big Movers in the Stock Market
Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market.  Full Story
 
BC-Standard & Poor's,0137
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New OSHA Chemical Exposure Limits Ordered
A federal appeals court has ordered the Occupational Safety and Health Administration to issue regulations to set a new limit on work exposure to the industrial chemical hexavalent chromium.  Full Story
 
More Companies Cut 401K Contributions
A growing number of companies, searching for ways to cut costs, are suspending their matching contributions to workers' 401(k) retirement accounts.  Full Story
 
Dow Closes Down 45; Nasdaq Flatlines
Wall Street closed modestly lower Thursday, pressured by a pair of disappointing economic reports and investor caution as U.S.-led forces made their final push into Baghdad.  Full Story
AP Photo – DAVID KARP  
 
IMF Cautions Housing Boom Could Bust
One more threat for the fragile economy - the possibility that America's booming housing market could be headed for a bust.  Full Story
 
NASDAQ Indexes
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Thursday's Most Active Stocks
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