NATION



NATION
United warns union to accept wage cuts
CHICAGO -- United Airlines warned Tuesday that it will take steps next week in bankruptcy court toward throwing out its labor contracts if its unions don't agree by then to steep wage cuts the company has proposed.
United, which is seeking $2.4 billion in annual labor cuts, said it must have cost cuts in place by Feb. 15 to meet the conditions of its $1.5 billion in bankruptcy financing from a group of banks.
Board members resign at bankrupt WorldCom
JACKSON, Miss. -- Six of WorldCom Inc.'s 11 board members resigned Tuesday, ridding the bankrupt telecommunications giant of the last group of directors who were present when it racked up its stunning $9 billion accounting fraud.
A seventh board member resigned last week. That leaves only new chairman and CEO Michael Capellas and three outside directors named just after WorldCom filed the largest-ever U.S. bankruptcy in July.
WORLD
Honda expects increase in sales for 2003
TOKYO -- Japan's second-largest automaker, Honda Motor Co., said today that it expects global sales to surge by 10 percent next year, and that it will retool overseas plants through 2005 to keep pace with the rising demand.
Hiroyuki Yoshino, Honda's president, said the company is targeting 3.1 million vehicles next year, up from around 2.82 million this year. Honda makes motorcycles, cars and engines at four plants in west-central Ohio.
Associated Press