Also

* Carnival Corp., the No. 1 cruise line, raised its hostile bid for P&O; Princess Cruises a third time to $6.8 billion in an effort to block the No. 3 operator’s combination with rival Royal Caribbean Cruises Ltd.

* The former bodyguard to financier Martin Frankel was sentenced to 10 years in prison for his role in a scam prosecutors say cost insurance companies $200 million. David Rosse, a former California police officer, pleaded guilty to racketeering conspiracy. Rosse had sought a lesser sentence from U.S. District Judge Ellen Bree Burns as a reward for his help.

* Telair International, a Rancho Dominguez-based maker of aircraft cargo containers, is expected to announce today that the Federal Aviation Administration has approved its bomb-resistant baggage container for use on commercial jets.

* ICN Pharmaceuticals Inc. of Costa Mesa filed a lawsuit to block Jerusalem-based Teva Pharmaceuticals Inc. from selling a low-cost version of the hepatitis C drug ribavirin.

* Boeing Co. will extend its work on the International Space Station by a year, to December 2003, adding $936 million to its contract, NASA said.

* European Central Bank Chief Wim Duisenberg, ending months of speculation, said he would step down in 2003, three years before his term ends, leaving French candidate Jean-Claude Trichet as heir apparent.