* Philip Morris Cos. is increasing its wholesale cigarette prices by a smaller-than-expected 5 cents per pack largely to cover a tax increase, effective Jan. 1, analysts said. Rivals including R.J. Reynolds Tobacco Holdings Inc. and British American Tobacco are expected to follow.
* Kraft Foods Inc., which is integrating Nabisco Holdings Corp. into its business, is offering some U.S. workers early retirement in a program that is expected to eliminate 1,000 jobs.
