Advertisement

Also

Share

* Edison International, which owns California’s second-largest utility, said it was seeking approval for a $680-million electricity transmission project that would let it import more power from Arizona.

* Nautilus Inc. agreed to pay a $950,000 civil penalty to the Consumer Product Safety Commission for failing to give timely reports on injuries and safety defects on some of its Bowflex exercise machines.

* Kraft Foods Inc., the No. 1 U.S. food maker, said it would sell its fruit snack business to Kellogg Co. for about $30 million.

Advertisement

* Toyota Motor Corp. said it had signed a deal to buy 690 acres from the state of Michigan for a research and development center near Ann Arbor that could create 400 jobs.

* Cessna Aircraft Co. plans to hire as many as 500 sheet-metal workers to meet rising demand for business jets. It is the second time since fall that Cessna has said it will expand its workforce of 8,700 people in Wichita, Kan.

Advertisement