Chemical maker DuPont Co. will cut 1,500 jobs and take other steps to increase competitiveness after a third quarter in which earnings fell sharply. DuPont reported net income of $10 million, or a penny per share, compared with $452 million, or 48 cents per share, for the same period last year. Excluding one-time items, DuPont earned 44 cents per share, compared with 69 cents per share for last year's third quarter. Revenue totalled $7.4 billion, down nine per cent from $8.1 billion. CEO Ellen Kullman said weak demand for titanium dioxide and photovoltaic markets contributed to the decline.
