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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| December 02, 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 merger on trial

CEO Juergen Schrempp committed fraud by calling the Daimler-Benz and Chrysler union in 1998 a merger of equals, argued lawyers for billionaire Kirk Kerkorian in opening arguments of his trial to win $1 bil in damages due to stock losses. DaimlerChrysler's attorney rejected the claims and said Kerkorian was fully aware Daimler would run the merged companies. DaimlerChrysler has lost two-thirds of its market value since the deal.

Thor Industries profit rose 137%

The RV and bus maker earned 83 cents a share in Q1, falling 9% below views. Thor cited increased warranty costs, discounts and plant reorganization costs. Sales rose 21% to $490.4 mil. RV sales climbed 23% to $433 mil. Bus sales grew 6% to $57.4 mil. Thor shares fell 3%.

TECHNOLOGY

Google rejects illicit pharmacies

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