-- Peace dividend: Raytheon will take a $162 million charge and lay off 4,400.

-- KKR's K-III Communications unit bought the Katharine Gibbs secretarial school chain.

-- QVC blamed a fourth-quarter loss on costs related to its failed Paramount bid.

-- The price of first-class: 32 by early 1995, if the U.S. Postal Service has its way.

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