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BRIEFCASE IHOP EXECUTIVES GET NO BONUSES.


Byline: - Staff and Wire Services

GLENDALE - IHOP IHOP International House Of Pancakes (restaurant chain)
iHOP Information Hyperlinked Over Proteins
IHOP International House of Prayer
IHOP International H2O Project
IHOP International House of Pain
 Corp.'s top executives received no bonuses this year, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a proxy statement Proxy Statement

A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting.
 filed with the Securities and Exchange Commission on Friday.

The restaurant chain has been in transition, changing the way it handles franchise operations, cutting into earnings for the next two years.

As such, the firm said it had not met undisclosed profit goals and executives would not be granted bonuses. IHOP did not return calls seeking comment.

Waxman: Review tobacco company

WASHINGTON - A leading anti-tobacco lawmaker on Thursday asked a congressional committee to investigate Philip Morris USA Philip Morris USA is the United States tobacco division of Altria Group, Inc. General information
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. Even under this new name, Altria continues to own 100% of Philip Morris USA.
 - now Altria - for destroying e-mail relevant to a Justice Department lawsuit.

Rep. Henry Waxman Henry Arnold Waxman (born September 12, 1939 in Los Angeles, California) is an American politician. He has represented California's At-large congressional district (map) in the U.S. House of Representatives since 1975. , D-Los Angeles, said Philip Morris deleted information about cigarette marketing, government lobbying and the health effects of smoking, violating a 1999 court order that the company preserve the documents.

Waxman, who represents parts of the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 and the Westside, pointed to a letter from a lawyer representing Philip Morris sent last summer to the judge hearing the case that stated that 11 employees' e-mail messages were deleted before the documents could be printed and filed.

Bill Ohlemeyer, vice president and associate general counsel for Philip Morris, said the company disclosed and stopped the e-mail deletions last year. He said Philip Morris has turned over 27 million documents, including hundreds of thousands of e-mails.

Review ongoing of Qwest workers

DENVER - Qwest Communications
For the holding company, see Qwest. For the Bell Operating Company, see Qwest Corporation.
Qwest Communications Corporation is a long distance subsidiary of Qwest that was, until 1995, known as Southern Pacific Telecommunications Company.
 International Inc. confirmed Friday that federal investigators have launched a criminal probe of four current and former employees related to Qwest's accounting.

The investigation concerns transactions with bankrupt Internet firm Genuity Inc. over sales of equipment Genuity didn't want and how revenue was booked, according to documents filed Wednesday in U.S. District Court.

In one case, executives allegedly chartered a jet so a delivery could be made quickly to Massachusetts-based Genuity, so Qwest could book $100 million immediately.

Those allegedly involved in the transactions were William L. Eveleth, Qwest's senior vice president of finance, and Joel M. Arnold, former vice president of global business markets.
COPYRIGHT 2003 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Apr 19, 2003
Words:341
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