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The Boeing Co. and Lockheed Martin Corp. venture that manages takeoffs and landings of NASA's space shuttles is helping investigate the U.S. shuttle Columbia accident that killed seven astronauts and put the program on hold. More... OPEC President Expects Oil Price to Drop as Venezuelan Production Recovers Crude oil prices, which reached a two-year high in London last month, may drop in the second quarter because of excess supply, the OPEC president said. More... U.S. Stock Investors Focus on Iraq as Earnings Increase, Economy Expands U.S. corporate profits are growing at the fastest pace in two years. The economy is expanding. Interest rates are at four-decade lows. And the Standard & Poor's 500 Index has lost 8.2 percent in three weeks. More... Wendy's May Reduce This Year's Earnings-Growth Forecast, Analysts Say Wendy's International Inc., the No. 3 U.S. hamburger-restaurant chain, may lower its 2003 profit-growth forecast because consumers are spending less when they eat out and competition is intensifying, analysts said. More... European Analysts Boost Company Investment Ratings as Stock Markets Drop European stock analysts are increasingly boosting investment ratings on companies, instead of lowering them. The turnaround may help share prices recover next week from its worst January in more than 15 years. More... Merck Arthritis Drug Vioxx Treated Cancer as Well as Chemotherapy in Study Merck & Co.'s arthritis drug Vioxx treats colon cancer in mice as well as standard anticancer medications, according to a study in the Feb. 1 edition of Cancer Research. More... Alcatel, Ericsson May Report Losses as Demand for Telecom Equipment Falls Ericsson AB and Alcatel SA will probably report their seventh consecutive quarterly losses next week as demand for telecommunications equipment extends declines. More... Treasuries Decline for First Week in Three as U.S. Economy Strengthens U.S. Treasuries had their first weekly loss in three after the Federal Reserve left interest rates unchanged, and government and industry economic reports signaled the economy may be stronger than investors thought. More... Rockies Gas, Cheapest in U.S., May Gain Value as Pipelines Added in Region A difference of almost $2 between gas prices in the Rocky Mountains and California is likely to narrow this spring as pipeline companies add capacity, industry officials and analysts say. More... Yen Falls Against Dollar After Japan Says It Sold $5.88 Billion of Yen The yen had its first weekly decline in eight against the dollar as Japan said it has sold about 700 billion yen ($5.88 billion) since mid-January to stem a rally that has crimped the country's exports. More... Conseco Files Recovery Plan in Court, Aiming to Reduce Debt by $5 Billion Conseco Inc., the insurance and finance company that filed the third-largest Chapter 11 case, said its reorganization plan will reduce its debt by more than $5 billion. It has said it will exit bankruptcy by the end of June. More... Bond Trader Math, Blix's Evidence Lead Most-Read Stories List on Bloomberg The following list comprises the most-read Bloomberg News reports from the past week. Some stories, such as daily stock reports, were omitted because of timeliness. More...
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