Fed may lose predictability
WASHINGTON (AP) - Federal Reserve Board policymakers last month indicated that interest rate decisions could become less predictable, relying more heavily on short-term economic prospects than on more sweeping monetary strategy.

Execs often fare well in severance packages
The Dallas Morning News
DALLAS - David Edmondson exited RadioShack Corp. with a big black eye for enhancing his résumé.

Unclaimed tax refunds await 2002’s nonfilers
Detroit Free Press
DETROIT - Ever think about filing a 2002 federal tax return if you haven’t done so already?

Witness: Skilling ordered earnings changes
HOUSTON (AP) - Former Enron Corp. Chief Executive Jeffrey Skilling ordered last-minute changes to at least two quarterly earnings reports so the company could meet or beat analysts’ expectations, a former vice president of investor relations testified yesterday.

Stocks fall after news from Conference Board
NEW YORK (AP) - Stocks drooped yesterday after a robust reading on the economy, the release of minutes from the most recent meeting of the Federal Reserve Board and the continuation of a solid earnings season cemented the feeling on Wall Street that additional rate hikes are a near certainty.

Anheuser-Busch to distribute high-end import
ST. LOUIS (AP) - The king of beer is going upscale.

Bank of America gears up for deal involving racing
CHARLOTTE, N.C. (AP) - Bank of America Corp. announced yesterday that it has reached a new five-year agreement with International Speedway Corp. to sponsor four racetracks, including California Speedway near Los Angeles and Kansas Speedway in Kansas City.

Energy costs push inflation up
WASHINGTON (AP) - Consumer prices shot up in January at the fastest pace in four months as the costs of gasoline and electricity posted big gains.