Also

* US Airways Group Inc. pilots approved a plan to cut pay and benefits $1.85 billion over five years to provide savings the airline needed to emerge from Bankruptcy Court protection.

* Intel Corp., the world’s largest semiconductor maker, canceled plans to develop new chips for large, flat-panel televisions. Intel’s liquid crystal on silicon chip project has been closed, a spokesman said.

* Qwest Communications International Inc., as expected, agreed to pay $250 million to settle Securities and Exchange Commission allegations that it engaged in “massive financial fraud” by improperly booking $3.8 billion in revenue and misleading investors about it.

* Ascent Media Group in Santa Monica said it was buying Cinetech Inc., a specialist in film restoration and preservation, from Costa Mesa-based Westar Capital.

* Lego Co. Chief Executive Kjeld Kirk Kristiansen resigned after the Danish toymaker reported it hadn’t recovered from a deepening financial crisis despite an elaborate recovery plan that included increased focus on its classic products.

* Adelphia Communications Corp. founder John Rigas and his sons said 16 cable companies they own agreed to pay more than $10 million for their defense in a criminal case and civil suits, including a $3.2-billion lawsuit.