Also. . .

* The proposed merger of Coopers & Lybrand and Price Waterhouse, which would create the world’s largest accounting firm, got the go-ahead from the Justice Department.

* The Federal Communications Commission, as expected, approved TV ratings and technical standards that will allow the long-delayed V-chip to be available in TVs by mid-1999.

* Reno Air Inc. is ending service to Ontario and to Albuquerque on April 1 in a cost-cutting move that includes a reduction in its fleet to 28 aircraft from 30 and 200 job cuts.

* Two women filed a lawsuit in federal court against Ford Motor Co. on behalf of women working at two Chicago-area Ford plants who alleged a pattern of sexual and racial harassment.