REGION
REGION
Kellogg plans to closeplant in Columbus suburb
WORTHINGTON, Ohio -- Kellogg Co. is closing its plant in this Columbus suburb and consolidating operations in Zanesville. The producer of cereal and snack foods would not comment on whether any of the Worthington plant's 300 employees would be transferred to Zanesville. Kellogg has not set a date for the closing, but it will be done in phases and completed by mid-2005.
NATION
Opening statements beginin Cedant Corp. fraud trial
HARTFORD, Conn. -- The top executives of Cendant Corp. for years managed a conspiracy to inflate the company's earnings, enriching themselves and costing investors billions of dollars, prosecutors told a jury Monday during opening statements of their fraud trial.
Cendant's former chairman, Walter Forbes, and former vice chairman, E. Kirk Shelton, are accused of inflating revenue by $500 million at Cendant's predecessor, CUC International, to drive up the stock price.
Associated Press
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