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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| May 03, 2002 | COPYRIGHT 2002 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

Ford, Firestone get legal victory

A federal appeals court overturned the class-action status of product liability claims against Ford and Bridgestone's Firestone. It means that over 3 mil owners of Ford Explorers and up to 15 mil Firestone tire owners would have to file individual cases instead of joining a consolidated case.

Airline traffic recovery hits bump

American Airlines, Continental and low-cost leader Southwest had declining April load factors. A March Easter made year-ago comparisons hard. Load factor is the percentage of seats airlines fill. Continental also said unit revenue fell 10%-12% in April, a bit weaker than expected.

TECHNOLOGY

Micron drops $3 bil bid for Hynix

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