Tuesday, March 11, 2003

Two Auction Houses Settle Antitrust Suit. Sotheby's and Christie's said today that they will pay $40 million to settle an antitrust lawsuit brought by overseas customers in a price-fixing case. By The Associated Press. 10:31:18 AM

ImClone Founder Agrees to Partial Settlement in S.E.C. Case. Samuel Waksal agreed to an $800,000 fine and a ban on serving as head of any public company. By The Associated Press. 10:31:15 AM

European Space Group Reports $330 Million Loss. The European Aeronautic Defense and Space Company, the largest aerospace group after Boeing, lost $330 million in 2002. By John Tagliabue. 8:44:36 AM

Excerpts From News Conference on Shuttle Failure. Following are excerpts from a news conference yesterday by Dr. Mark Shuart, director for structures and materials at the Langley Research Center of NASA, and Robert H. Daugherty, a senior research engineer at the center, as recorded by The New York Times. Before the shuttle Columbia disintegrated, e-mail messages by Mr. Daugherty and others discussed the possible consequences of damage to its left wing. 8:44:35 AM

Review of DNA Clears Man Convicted of Rape. Josiah Sutton was convicted for rape after a Houston laboratory told the jury that his DNA matched the rapist's. But new testing has confirmed otherwise. By Adam Liptak. 8:44:34 AM

Range of Hurricane Forecasts Is Extended by U.S. to Five Days. The change will help agencies and coastal businesses move equipment and take other precautions before the onset of the most violent storms. By The New York Times. 8:44:33 AM

The Unbearable Loneliness of Being Homo Sapiens. There has never been any conclusive evidence that humans and Neanderthals did interbreed, but it has always been a possibility. By James Gorman. 8:44:32 AM

Letters. Perceptions of Illness To the Editor:. 8:44:31 AM

The Charles Atlas of Algae. This week's column includes items on diatoms, the Great Barrier Reef and protecting the Gal[omega]pagos. By Henry Fountain. 8:44:30 AM

Peels and Vitamins. This week's question: I have read serious assertions that all the nutrition of carrots is in the peel, and so you shouldn't peel them. Is this true? By C. Claiborne Ray. 8:44:29 AM

Barrage of Meteors May Have Doomed the Dinosaurs. Scientists are arguing again over the idea that the combination of cataclysms that doomed the dinosaurs may not have been a coincidence. By Kenneth Chang. 8:44:28 AM

For the Troops, a Dose of Neuroscience and the Voice of Homer. After a career in biochemistry of the brain and a stroke at age 40, Dr. Jonathan Shay has undertaken psychiatry. By David Berreby. 8:44:27 AM

Debating Whether Oil Wells and Wilderness Mix. A panel of scientists, oil industry consultants and environmentalists measured the effects of 35 years of expanding seismic drilling. By Andrew C. Revkin. 8:44:26 AM

NASA E-Mail Writer Says He Was Hypothesizing. A NASA engineer whose messages to colleagues warned of potential consequences to the Columbia said that the exchanges were not meant as predictions. By Edward Wong. 8:44:25 AM

Universe as Doughnut: New Data, New Debate. A new detailed map has provided a series of hints that the universe may have a more complicated shape than astronomers presumed. By Dennis Overbye. 8:44:24 AM

A Long Journey Toward 'Virtual' Orchestra Began Years Ago. Despite the arguments of the striking musicians, the truth is, orchestras on Broadway have been artificially enhancing sound for years. By Anthony Tommasini. 8:44:17 AM

Software Pioneer Quits Board of Groove. Mitchell D. Kapor, a software pioneer, resigned from the board of Groove Networks after learning the company's software was being used by the Pentagon for surveillance. By John Markoff. 8:44:16 AM

Universe as Doughnut: New Data, New Debate. A new detailed map has provided a series of hints that the universe may have a more complicated shape than astronomers presumed. By Dennis Overbye. 8:44:15 AM

Clique of Instant Messagers Expands Into the Workplace. Instant messaging, long used by teenagers, is moving into the workplace with an impact that is rivaling rival e-mail and the cellphone. By Amy Harmon. 8:44:14 AM

Trial Runs of a Free Market in North Korea. North Korea is toying with a version of market reforms to patch up its ravaged economy. By James Brooke. 8:44:01 AM

OPEC Oil Still Flows. The Organization of the Petroleum Exporting Countries is expected to continue to supply as much oil as the markets need. By Neela Banerjee. 8:44:00 AM

Container Terminal Planned in Gdansk. The ailing Polish port of Gdansk will be home to a new $200 million deep water container terminal capable of handling up to 500,000 containers a year by 2010. 8:43:58 AM

Nikkei Hits 20-Year Low as Yen Strengthens. Japan's most widely followed stock index, the Nikkei 225, fell to fresh 20-year lows, briefly moving below 8,000, a level that set off alarm bells in the government and the central bank. By Ken Belson. 8:43:57 AM

Deutsche Telekom Posts Biggest Loss in Europe's History. Deutsche Telekom, led by Kai-Uwe Ricke, lost $27.1 billion in 2002, the biggest annual loss in European corporate history. By Hugh Eakin. 8:43:56 AM

European Space Group Reports $330 Million Loss. The European Aeronautic Defense and Space Company, the largest aerospace group after Boeing, lost $330 million in 2002. By John Tagliabue. 8:43:55 AM

Colombian Pleads Guilty in Cocaine Smuggling Plot. A Colombian man pleaded guilty to participating in a conspiracy that smuggled tens of thousands of kilograms of cocaine into the United States. By Benjamin Weiser. 8:43:54 AM

Reversal on Releasing Evidence in Fake ID Case. New Jersey prosecutors have argued that evidence against a man who sold fake ID cards to the Sept. 11 hijackers should be concealed. But now they have changed course. By The New York Times. 8:43:53 AM

General Is Faulted for Lapse on Secrets. An inquiry determined that Tommy R. Franks, the general who would command a war against Iraq, "inadvertently allowed" his wife to overhear highly classified information. By The New York Times. 8:43:52 AM

Measuring Lost Freedom vs. Security in Dollars. In an unusual analysis, top advisers to President Bush want to weigh the benefits of tighter domestic security against the "costs" of lost privacy and freedom. By Edmund L. Andrews. 8:43:51 AM

Growing Number in U.S. Back War, Survey Finds. Americans say they would support military action against Iraq even if the Security Council refuses to support an invasion. By Adam Nagourney and Janet Elder. 8:43:50 AM

World Briefing: Europe. MALTA: Europe Is Issue In Early Elections; THE NETHERLANDS: Nurse Says She'S Not A Killer; NATO CHIEF PRESSES CANDIDATES;. 8:43:45 AM

World Briefing: Asia. HONG KONG: Budget Official Avoided New Tax; AFGHANISTAN: Planting A Flag In Cyberspace; INDIA: Preparing To Dig For The Truth;. 8:43:44 AM

World Briefing: Americas. ARGENTINA: Explanation Sought From Iranian; MEXICO: Slight Gain For Pri;. 8:43:43 AM

World Briefing: Africa. SIERRA LEONE: U.N. Court Indicts 7;. 8:43:42 AM

Prime Minister of Turkey Announces Resignation. As Turkey grapples with whether to authorize the deployment of U.S. troops for a possible war in Iraq, Prime Minister Abdullah Gul said he would resign. By The Associated Press. 8:43:40 AM

Turkey Says Peace Still Possible in Cyprus. Turkish Prime Minister Abdullah Gul said today he believed the efforts of the United Nations to reunite Cyprus had not completely ended and that Turkey still sought a peaceful solution. By Reuters. 8:43:39 AM

Soft-Spoken but Not Afraid to Voice Opinions. Mahmoud Abbas was selected last week by Yasir Arafat to become the first Palestinian prime minister. By Greg Myre. 8:43:39 AM

U.S. Says Blix Played Down Details of Banned Weapons. The Bush administration voiced concern that the U.N. weapons inspectors had not done more to highlight their findings about banned weapons. By Steven R. Weisman. 8:43:39 AM

Allied Plan Would Encourage Iraqis Not to Fight. American and British commanders are devising a strategy intended to defeat the Iraqi military without destroying it. By Michael R. Gordon. 8:43:38 AM

Support at Home but Not in France, Battle Plans and Basketball. President Bush and his plans for war with Iraq took two steps forward at home, and one step backward at the United Nations and abroad. A new poll indicated that the administration has been successful in winning domestic support for war, but the president suffered setbacks in his effort to resolve a diplomatic standoff with important allies opposed to a war. 8:43:38 AM

Annan Says U.S. Will Violate Charter if It Acts Without Approval. Secretary General Kofi Annan warned that Washington's decision to act alone or outside the Council would violate the United Nations charter. By Patrick E. Tyler and Felicity Barringer. 8:43:37 AM

France Will Use Veto, Chirac Says. President Jacques Chirac said he was convinced that the U.N. inspections process was working and that Iraq could be stripped of its dangerous weapons without war. By Elaine Sciolino. 8:43:37 AM

U.N. Force at Kuwait Border Braces for Assault on Iraq. The demilitarized zone was created after the Persian Gulf war 12 years ago as a buffer against any new Iraqi aggression toward Kuwait. By Steven Lee Myers. 8:43:36 AM

On an Indonesian Island, a Reverence for Tolerance. The priests at the Roman Catholic seminary in Maumere, Indonesia, have redoubled their efforts to stress forbearance. By Jane Perlez. 8:43:36 AM

Weary Sailors Struggle to Maintain Morale. American troops aboard the U.S.S. Abraham Lincoln, at sea for longer than any carrier since the Persian Gulf war, are struggling to maintain morale. By Lynette Clemetson. 8:43:36 AM

Chile Feels Weight of Security Council Seat. President Ricardo Lagos finds himself pressed by the U.S. on one side and by deepening domestic opposition to any war on the other. By Larry Rohter. 8:43:35 AM

As Japan's Economy Slips, a Sense Leader May Fall. As the government fumbles with formulas to jump-start the sagging economy, ordinary Japanese are inching closer to exasperation. By Howard W. French. 8:43:35 AM

Leader Infamous for Tiananmen Massacre Retires. The chief of China's Parliament, Li Peng, gave his last major speech as a central leader on Monday, effectively ending his long political career. By Elisabeth Rosenthal. 8:43:34 AM

Relatives in Vigil at Korean Fire Site. At the encampment, the relatives of the missing have chosen to grieve collectively, many wearing face masks while they sleep to filter the acrid air. By James Brooke. 8:43:34 AM

Germans Convict Four Algerians in Plot to Bomb a French Market. The court said the men conspired to plant a bomb on New Year's Eve, when the cobbled streets of Strasbourg's old quarter would have been thronged by revelers. By Mark Landler. 8:43:34 AM

Not Urging War, Sharon Says. Prime Minister Ariel Sharon of Israel praised President Bush for his pursuit of a possible war in Iraq, while seeking to disavow any Israeli involvement. By James Bennet. 8:43:33 AM

Pakistan Reports on Leads From Qaeda Aide's Arrest. Khalid Shaikh Mohammed told interrogators that he met with Osama bin Laden in December but refused to describe the location. By Erik Eckholm. 8:43:33 AM

Palestinians Approve Limited Scope for Premier Post. The Palestinian parliament granted day-to-day responsibility for Palestinian affairs to a new post of prime minister on Monday. By James Bennet. 8:43:32 AM

U.S. Says U.N. Could Repeat Errors of 90's. The White House said U.N. inaction would compound mistakes made in the 1990's and encourage North Korea and Iran. By David E. Sanger. 8:43:32 AM

Clique of Instant Messagers Expands Into the Workplace. Instant messaging, long used by teenagers, is moving into the workplace with an impact that is rivaling rival e-mail and the cellphone. By Amy Harmon. 8:43:31 AM

Debating Whether Oil Wells and Wilderness Mix. A panel of scientists, oil industry consultants and environmentalists measured the effects of 35 years of expanding seismic drilling. By Andrew C. Revkin. 8:43:31 AM

Excerpts From News Conference on Shuttle Failure. Following are excerpts from a news conference yesterday by Dr. Mark Shuart, director for structures and materials at the Langley Research Center of NASA, and Robert H. Daugherty, a senior research engineer at the center, as recorded by The New York Times. Before the shuttle Columbia disintegrated, e-mail messages by Mr. Daugherty and others discussed the possible consequences of damage to its left wing. 8:43:30 AM

From Contact to Breakup in Seconds, NASA Says. A new NASA chronology of Columbia's final minutes of flight shows that the main body of the orbiter broke up only about 19 seconds after the final loss of radio contact. By Matthew L. Wald. 8:43:29 AM

Review of DNA Clears Man Convicted of Rape. Josiah Sutton was convicted of rape after a Houston laboratory told the jury that his DNA matched the rapist's. But new testing has confirmed otherwise. By Adam Liptak. 8:43:29 AM

National Briefing: Mid-Atlantic. MAINE: The Case Of The Covered Logos;. By The New York Times. 8:43:29 AM

Range of Hurricane Forecasts Is Extended by U.S. to Five Days. The change will help agencies and coastal businesses move equipment and take other precautions before the onset of the most violent storms. By The New York Times. 8:43:28 AM

Gilbert Beebe, 90, Researcher of Survivors of Radiation, Dies. Gilbert W. Beebe was an expert on radiation who had a crucial role in studies of survivors of the atomic bomb attacks on Japan. By Stuart Lavietes. 8:43:28 AM

Justices Refuse to Limit Employers' Liability for Asbestos Exposure. The Supreme Court ruled that some workers who have noncancerous asbestos-related disease can recover damages based on their fear of eventually developing cancer. By Linda Greenhouse. 8:43:27 AM

Talks Delay Sexual Abuse Suits in California. Since Jan. 1, more than 400 people have accused Roman Catholic priests in California of sexual abuse, but the expected flood of litigation has largely been held back. By Barbara Whitaker. 8:43:27 AM

OSHA to Address Persistent Violators. Under new policies, OSHA officials will conduct more follow-up inspections of companies that commit safety violations of "the highest severity." By David Barstow and Lowell Bergman. 8:43:27 AM

Drug Can Limit Peanut Allergy, Easing Big Fear. An experimental drug taken once a month can blunt peanut allergies, which affect an estimated 1.5 million Americans. By Gina Kolata. 8:43:26 AM

NASA E-Mail Writer Says He Was Hypothesizing. A NASA engineer whose messages to colleagues warned of potential consequences to the Columbia said that the exchanges were not meant as predictions. By Edward Wong. 8:43:26 AM

Senate Revisits Ban of Abortion Procedure. A ban on partial-birth abortion, which is used to terminate second- and third-trimester pregnancies, is expected to pass later this week. By Robin Toner. 8:43:26 AM

Growing Number in U.S. Back War, Survey Finds. Americans say they would support military action against Iraq even if the Security Council refuses to support an invasion. By Adam Nagourney and Janet Elder. 8:43:25 AM

Excerpts From News Conference on Shuttle Failure. Following are excerpts from a news conference yesterday by Dr. Mark Shuart, director for structures and materials at the Langley Research Center of NASA, and Robert H. Daugherty, a senior research engineer at the center, as recorded by The New York Times. Before the shuttle Columbia disintegrated, e-mail messages by Mr. Daugherty and others discussed the possible consequences of damage to its left wing. 8:43:24 AM

From Contact to Breakup in Seconds, NASA Says. A new NASA chronology of Columbia's final minutes of flight shows that the main body of the orbiter broke up only about 19 seconds after the final loss of radio contact. By Matthew L. Wald. 8:43:24 AM

Allied Plan Would Encourage Iraqis Not to Fight. American and British commanders are devising a strategy intended to defeat the Iraqi military without destroying it. By Michael R. Gordon. 8:43:24 AM

White House Listens When Weekly Speaks. The Weekly Standard, the prime voice of Republican neoconservatives edited by William Kristol, has become one of the most influential publications in Washington. By David Carr. 8:43:23 AM

Justices Refuse to Limit Employers' Liability for Asbestos Exposure. The Supreme Court ruled that some workers who have noncancerous asbestos-related disease can recover damages based on their fear of eventually developing cancer. By Linda Greenhouse. 8:43:23 AM

General Is Faulted for Lapse on Secrets. An inquiry determined that Tommy R. Franks, the general who would command a war against Iraq, "inadvertently allowed" his wife to overhear highly classified information. By The New York Times. 8:43:22 AM

No Violations Found in Hiring of G.O.P Consultant by Enron. The Federal Election Commission concluded that the decision by Enron to hire Ralph Reed was not an unreported contribution to help George W. Bush's 2000 presidential campaign. By Richard A. Oppel Jr.. 8:43:22 AM

OSHA to Address Persistent Violators. Under new policies, OSHA officials will conduct more follow-up inspections of companies that commit safety violations of "the highest severity." By David Barstow and Lowell Bergman. 8:43:22 AM

Growing Number in U.S. Back War, Survey Finds. Americans say they would support military action against Iraq even if the Security Council refuses to support an invasion. By Adam Nagourney and Janet Elder. 8:43:21 AM

NASA E-Mail Writer Says He Was Hypothesizing. A NASA engineer whose messages to colleagues warned of potential consequences to the Columbia said that the exchanges were not meant as predictions. By Edward Wong. 8:43:21 AM

Senate Revisits Ban of Abortion Procedure. A ban on partial-birth abortion, which is used to terminate second- and third-trimester pregnancies, is expected to pass later this week. By Robin Toner. 8:43:20 AM

Measuring Lost Freedom vs. Security in Dollars. In an unusual analysis, top advisers to President Bush want to weigh the benefits of tighter domestic security against the "costs" of lost privacy and freedom. By Edmund L. Andrews. 8:43:20 AM

U.S. Says U.N. Could Repeat Errors of 90's. The White House said U.N. inaction would compound mistakes made in the 1990's and encourage North Korea and Iran. By David E. Sanger. 8:43:20 AM

Technology Briefing: Telecommunications. SPECIAL PANEL FAULTS GLOBAL CROSSING; COURT SEEKS NEW DECISION IN RACKETEERING CASE; QUALCOMM RAISES CHIP FORECAST;. 8:43:19 AM

Technology Briefing: Hardware. NOVELLUS DISCLOSES CHIEF'S 2002 SALARY;. 8:43:18 AM

Technology Briefing: Biotechnology. VICAL SHARES SOAR ON VACCINE NEWS;. 8:43:18 AM

When Your Fellow Traveler Is the Person Who Signs Your Paycheck. There is one factor that can add stress to an otherwise routine business journey: taking the trip elbow-to-elbow with your boss. By Susan Stellin. 8:43:17 AM

A Safer Sky or Welcome to Flight 1984?. A new system for airline passenger screening has caused concerns about invasion of privacy. By Joe Sharkey. 8:43:17 AM

Carriers Adjust for Possible War. Most airlines have followed US Airways and temporarily relaxed penalties for passengers who might change destinations or flight schedules if war begins or if the government declares a code-red security alert. By Joe Sharkey. 8:43:17 AM

Shedding the Reputation of a Steel City. Over the last decade, Birmingham, Ala., has lured foreign automobile manufacturers and made a transition to a service economy. By Amy Zipkin. 8:43:16 AM

World Business Briefing: Europe. BRITAIN: Setback For New Drug; ITALY: Bank Reverses Loss; SPAIN: Bid For Utility;. 8:43:16 AM

World Business Briefing: Asia. SOUTH KOREA: Lower Growth Estimate; SOUTH KOREA: Refiner Lowers Profit;. 8:43:15 AM

World Business Briefing: Americas. BRAZIL: Economy Upgraded; BRAZIL: Airline Trade Suspended; MEXICO: Bank Bidding Opens;. 8:43:15 AM

Trial Runs of a Free Market in North Korea. North Korea is toying with a version of market reforms to patch up its ravaged economy. By James Brooke. 8:43:15 AM

As Japan's Economy Slips, a Sense Leader May Fall. As the government fumbles with formulas to jump-start the sagging economy, ordinary Japanese are inching closer to exasperation. By Howard W. French. 8:43:14 AM

Container Terminal Planned in Gdansk. The ailing Polish port of Gdansk will be home to a new $200 million deep water container terminal capable of handling up to 500,000 containers a year by 2010. 8:43:14 AM

Nikkei Hits 20-Year Low as Yen Strengthens. Japan's most widely followed stock index, the Nikkei 225, fell to fresh 20-year lows, briefly moving below 8,000, a level that set off alarm bells in the government and the central bank. By Ken Belson. 8:43:14 AM

Deutsche Telekom Posts Biggest Loss in Europe's History. Deutsche Telekom, led by Kai-Uwe Ricke, lost $27.1 billion in 2002, the biggest annual loss in European corporate history. By Hugh Eakin. 8:43:13 AM

European Space Group Reports $330 Million Loss. The European Aeronautic Defense and Space Company, the largest aerospace group after Boeing, lost $330 million in 2002. By John Tagliabue. 8:43:13 AM

R&B Award Winners Are Left Waiting for Their Prize Money. Winners of this year's Pioneer Award from the R & B Foundation did not receive the honorarium checks that have always accompanied the awards in the past. By Lola Ogunnaike. 8:43:12 AM

Tournament Viewers May Miss Out if There's War. CBS may move men's college basketball tournament games to cable channels like TNN and Nickelodeon if there is a war. By Richard Sandomir. 8:43:12 AM

Ford Reviews Move on Advertising. Ford Motor confirmed that it was reviewing a decision by its chief operating officer, Nicholas V. Scheele, to further consolidate its advertising with the WPP Group of London. By Danny Hakim. 8:43:12 AM

White House Listens When Weekly Speaks. The Weekly Standard, the prime voice of Republican neoconservatives edited by William Kristol, has become one of the most influential publications in Washington. By David Carr. 8:43:11 AM

Nextel Identifies 4 Finalist Agencies. Nextel Identifies 4 Finalist Agencies. By The New York Times. 8:43:11 AM

Marketers Say Ads Ran by Mistake. Kraft Foods and Procter & Gamble said commericals for two of their products appeared Saturday on "The Savage Nation" on MSNBC by mistake. By Stuart Elliott. 8:43:10 AM

Concerns About Economy and War Send Markets Down. The Dow industrials and the Standard & Poor's 500 fell more than 2 percent to their lowest level since October. By Jonathan Fuerbringer. 8:43:10 AM

OPEC Oil Still Flows. The Organization of the Petroleum Exporting Countries is expected to continue to supply as much oil as the markets need. By Neela Banerjee. 8:43:10 AM

Debating Whether Oil Wells and Wilderness Mix. A panel of scientists, oil industry consultants and environmentalists measured the effects of 35 years of expanding seismic drilling. By Andrew C. Revkin. 8:43:09 AM

Nasdaq Earns $300,000 in Fourth Quarter. The Nasdaq stock market said that it earned $300,000 in the fourth quarter of 2002, reversing a loss of $13.3 million in the period a year earlier after the Sept. 11 terrorist attacks. By Bloomberg News. 8:43:09 AM

KPMG Said to Agree to Settle Lawsuit. KPMG, the accounting firm, said that it had agreed to pay $75 million to settle an investor lawsuit that had accused it of helping Oxford Health Plans misstate finances, an investor lawyer said. By Bloomberg News. 8:43:08 AM

No Violations Found in Hiring of G.O.P Consultant by Enron. The Federal Election Commission concluded that the decision by Enron to hire Ralph Reed was not an unreported contribution to help George W. Bush's 2000 presidential campaign. By Richard A. Oppel Jr.. 8:43:08 AM

Software Pioneer Quits Board of Groove. Mitchell D. Kapor, a software pioneer, resigned from the board of Groove Networks after learning the company's software was being used by the Pentagon for surveillance. By John Markoff. 8:43:08 AM

Paper Company Officials Charged. The chief executive of American Tissue, a failed paper company, the Arthur Andersen auditor who handled its books, and several other executives were charged in federal court with accounting fraud. By Claudia H. Deutsch. 8:43:07 AM

AstraZeneca's Marketing Of Drugs Is Investigated. AstraZeneca said United States prosecutors and consumer protection officials were investigating its marketing of the ulcer drug Prilosec and its successor Nexium. By Bloomberg News. 8:43:07 AM

China Buys 2nd Stake in Huge Oil Field in Caspian Sea. A second Chinese state-owned enterprise agreed today to buy a stake in a huge oil field as China continued its push to secure reliable access to oil supplies. By Keith Bradsher. 8:43:06 AM

Drug Can Limit Peanut Allergy, Easing Big Fear. An experimental drug taken once a month can blunt peanut allergies, which affect an estimated 1.5 million Americans. By Gina Kolata. 8:43:06 AM

OSHA to Address Persistent Violators. Under new policies, OSHA officials will conduct more follow-up inspections of companies that commit safety violations of "the highest severity." By David Barstow and Lowell Bergman. 8:43:06 AM

Mayor Bloomberg Intervenes in Theater Strike. The mayor summoned musicians and producers for negotiations and appointed a mediator to help resolve the strike. By Robin Pogrebin. 8:43:05 AM

Justices Refuse to Limit Employers' Liability for Asbestos Exposure. The Supreme Court ruled that some workers who have noncancerous asbestos-related disease can recover damages based on their fear of eventually developing cancer. By Linda Greenhouse. 8:43:05 AM

10 Top Executives in South Korea Indicted on Stock Charges. The executives were indicted on charges of manipulating the value of stocks and inflating profits in an effort at solidifying family control over the group. By Don Kirk. 8:43:05 AM

Bristol-Myers Lowers Revenue by $2.5 Billion in Restatement. Bristol-Myers Squibb restated its financial results, reflecting its move away from the inventory practices that inflated its earlier figures. By Reed Abelson. 8:43:04 AM

Brokerage Firm Turns Off CNBC. Responding to employee anger over how CNBC depicted the firm, Merrill Lynch will soon prevent its employees from watching CNBC. By Patrick Mcgeehan. 8:43:04 AM

American Said to Start Search for Bankruptcy Financing. American Airlines is seeking commitments for up to $2 billion in debtor-in-possession financing should it file for bankruptcy. By Micheline Maynard and Riva D. Atlas. 8:43:03 AM

Stocks Open Slightly Higher. Investors bought shares that fell to five-month lows on Monday, but technology stocks slipped slightly on Nokia's weak sales forecast. By Reuters. 8:43:03 AM

Nokia Lowers Forecast for First-Quarter Sales. Nokia said today that its first-quarter sales will be lower than a year ago led by a steep drop in sales of equipment for cell phone networks. By The Associated Press. 8:43:03 AM

Clique of Instant Messagers Expands Into the Workplace. Instant messaging, long used by teenagers, is moving into the workplace with an impact that is rivaling rival e-mail and the cellphone. By Amy Harmon. 8:43:02 AM