Also
* DuPont Co. said it would cut its workforce, eliminate some products and take other steps to reduce costs by $900 million as it grapples with high raw material prices and the sale of its key clothing and carpet fiber business.
* Starwood Hotels & Resorts Worldwide Inc., owner of the Sheraton and Westin chains, hired Vasant Prabhu away from grocer Safeway Inc. to fill the job of chief financial officer being vacated in a management reorganization.
* Nextel Communications Inc. said billionaire Craig McCaw resigned from the board to pursue “new opportunities in the telecommunication arena and to make room for the addition of independent directors.”