Business briefs 2/3/04

Tuesday, February 3, 2004

Halliburton subsidiary agrees to halt billing

WASHINGTON -- A Halliburton Co. subsidiary has agreed to stop billing the government for feeding U.S. troops in Kuwait until the two sides settle what the company says is an accounting dispute. Pentagon auditors are raising the possibility of overcharging. Halliburton said in a statement Monday that its Kellogg Brown & Root subsidiary agreed to suspend billing "while the company works with the government to improve the counting method" for meals served. The company had been charging the government for the projected number of meals instead of the actual number served.

-- From wire reports

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