Corning Warns More Cuts Loom; CEO to Retire The Associated Press Published: Apr 15, 2002 CORNING, N.Y. (AP) - Corning Inc. said first-quarter losses are expected to be smaller than anticipated, but warned Monday that more job cuts and plant closures were imminent. The world's biggest maker of optical fiber and cable used in telecommunications networks also said its president and chief executive, John Loose, 60, will retire April 25 after 38 years with the company. Board chairman James Houghton, 66, will take over as chief executive. Corning, coming off three quarterly losses in a row, said Monday it expects...