IN BRIEF (Page 16)

Apple cuts prices

Apple Inc on Tuesday cut the price on its entry-level notebook computer to $999 and introduced a line of aluminum-clad machines starting at $1,299 in moves catering to budget-minded buyers at a time when recession fears loom over the global economy. But shares of Apple, which have risen about 20 percent since the company last week invited reporters to a notebook event, fell 3 percent in heavy trade on the NASDAQ to $106.99 after first falling as much as 5 percent.

Jet Airways slashes jobs