NATION // BUSINESS IN BRIEF

A LITTLE LESS FINE PRINT ROCHESTER, N.Y. - Six automobile distributors and dealerassociations have agreed to stop burying the total cost of leasing acar in tiny print at the bottom of their advertisements, New Yorkstate Attorney General Robert Abrams said. Since most car adcampaigns are national, Abrams predicted the settlement will affectconsumers across the country. He called the ads deceptive becausethey promote low monthly payments but obscure the hefty down payment.The settlement was reached with Mazda Motor of America, MitsubishiMotor Sales of America, American Isuzu Motors, Alfa RomeoDistributors of North America, Tri-Honda Advertising Association andUpstate New York Lincoln Mercury Dealers Association. LITTON TO CUT UNIT IN HALF LOS ANGELES - Litton Industries said it will eliminate about 700jobs at its 1,500-employee navigation systems unit in suburbanWoodland Hills by 1995, reflecting defense spending cutbacks. Inthe mid-1980s, Beverly Hills-based Litton had 4,000 employees inWoodland Hills. L.A. TERMINAL GETS JAPAN LIFT TOKYO - The Export-Import Bank of Japan said on Friday that it wouldmake its first-ever equity investment when it joins other Japaneseand U.S. investors in setting up a coal export terminal in LosAngeles. The Los Angeles Export Terminal would be established in afew months at a paid-up capital of $120 million shared 51 percent byseven U.S. companies and 49 percent by 29 Japanese partners, the banksaid in a statement. The company will build a new terminal with ahandling capacity of 9 million tons to replace the existing facilityof 3.5 million tons at the Port of Los Angeles. LIBERTY RETURNS TO DENVER CHEYENNE, Wyo. - Liberty Media Corp. will return to Denver just twoyears after the cable television company moved to Cheyenne. LibertyMedia, a spinoff of the nation's largest cable television operator,Tele-Communications Inc., likely would make the move in June, saidLiberty vice president Jim Martin. Liberty Media is comprised ofmany of the cable programming interests that TCI once owned. TOUGH ON COMPLIANCE LOS ANGELES - Teledyne Inc., the defense contractor faced withwide-ranging legal troubles, is stepping up efforts to ensure thatits 60-plus units meet federal laws, officials said. The company hasposted 22 auditors at its headquarters to check on contracts. And itis requiring subsidiaries to review government regulations, saidWilliam Rutledge, chairman and chief executive officer. In addition,Rice said he will avoid any direct role in trying to keep onesubsidiary, Teledyne Relays, from losing its military contracts overfraud allegations. CHIEF QUITS AFTER QUITE A RUN FRAMINGHAM, Mass. - Henry J. Nasella, president and chief operatingofficer of the office superstore pioneer Staples Inc., has resignedafter leading the company's expansion from 11 stores to 180 over fiveyears. Louis R. Pepi was appointed president of Staples' U.S. retailstore division, and Joseph S. Vassalluzzo was made executive vicepresident of growth and support services.