WORLD

WORLD
Mitsubishi chief executiveresigns from his position
TOKYO -- Rolf Eckrodt resigned today as chief executive and president of Mitsubishi Motors Corp. after DaimlerChrysler AG announced last week it will not offer more money to finance the struggling Japanese partner's turnaround.
The Tokyo-based automaker is burdened with a multibillion-dollar debt, plunging car sales and a spate of recalls. Eckrodt was sent in by DaimlerChrysler in 2001 to lead a planned turnaround at Mitsubishi.
NATION
Judge overrules verdictagainst Tyson over beef
MONTGOMERY, Ala. -- A federal judge threw out a jury's $1.28 billion verdict against the nation's largest beef packer, Tyson Fresh Meats Inc., ruling that it did not illegally manipulate cattle prices.
U.S. Senior District Judge Lyle Strom said the cattlemen who sued the beef division of Tyson Foods failed to produce evidence at trial to support the verdict. An attorney for the cattle industry said the judge's ruling would be appealed.
Associated Press
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