ALSO

Campbell Soup Co. ended months of speculation by naming Dale Morrison, head of its Pepperidge Farm division, successor to David Johnson as president and chief executive. Johnson will step down as chairman next year. . . . Colorado Springs, Colo.-based Western Pacific Airlines Inc. and Frontier Airlines Inc. said their respective boards have approved a plan to merge. . . . The U.S. sank deeper as the world’s biggest debtor last year as foreign investors gobbled up record amounts of Treasury securities and corporate bonds. The Commerce Department said the nation’s net debtor position rose 27% to $871 billion. . . . General Electric Co. and negotiators for 46,000 union workers reached a tentative agreement on a three-year contract that would boost pay as much as 3% annually. . . . A comprehensive report on the effects of the North American Free Trade Agreement, due out today, has been delayed until next week, the Clinton administration said.