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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| July 01, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TRANSPORTATION

DaimlerChrysler revamps to save

The automaker will herd development for its varied truck lines into a single unit and standardize parts across many models, saving several hundred million dollars a year by '06 or '07. That should boost earnings as sales plateau. It's struggled to see gains from the '98 merger of Daimler-Benz and Chrysler or later stakes in Mitsubishi and Hyundai.

Union breaks off Goodyear talks

The tire maker fell 6% to 5.25 after the United Steelworkers of America ended contract talks over the weekend. The union said it's ready to strike, but as of Monday morning hadn't given the required 72-hour notice. Goodyear also has to give 72-hour notice to lock out union workers.

TECHNOLOGY

NEC: fuel-cell battery for laptops

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