Also
* Higher interest rates suppressed demand for mortgage refinancings last week, a Mortgage Bankers Assn. of America survey showed, but applications for new loans to buy homes rose, indicating continued strength in the housing market.
* Expedia Inc. said it would start charging customers booking fees of $5 per airline ticket, seeking to make up for lost revenue from reduced commissions and other payments to travel agencies.
* Financially strapped American Airlines said it would cut about 1,100 flight attendant jobs in coming months as it tries to save money by operating fewer flights.
* Gateway Inc. expects sales for the year to be at the low end of its forecast of $4.3 billion to $4.5 billion, Chief Executive Ted Waitt said. The company’s desktop personal computers are “not doing so well,” Waitt said.
* Bowne & Co., a New York firm that helps companies create and file electronic documents with regulators, bought DecisionQuest Inc. of Los Angeles for $31 million in cash to provide additional litigation consulting services to its clients.
* Los Angeles-based Korn/Ferry International Inc. said its fiscal second-quarter loss narrowed to $18 million, or 48 cents a share, from $30.9 million, or 82 cents, a year earlier. Sales fell 20% to $85.7 million.
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