BRIEFCASE MONDAVI BOUGHT BY CONSTELLATION.Byline: - Staff and Wire Services SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - A California wine country landmark changed hands Wednesday as shareholders of the Robert Mondavi Robert Gerald Mondavi born May 18 1913 in Virginia, Minnesota, United States is a leading vineyard operator whose technical improvements and marketing strategies brought Corp. approved a nearly $1.36 billion buyout by New York-based drinks giant Constellation Brands Constellation Brands, Inc., headquartered in Fairport, New York, is a leading international producer and marketer of beverage alcohol brands with a broad portfolio across the wine, imported beer and spirits categories. . ``Today opens a new chapter for Constellation and the Robert Mondavi brand,'' Constellation Brands chairman and chief executive Richard Sands First program director at Live 105 (KITS-FM) in San Francisco. Began at the station as evening disc jockey when it was a Hot Hits formatted Top 40 station in 1983, eventually rising to the PD position in 1984. Left station in 1998, after it was merged with CBS co-owned KOME. said in a statement after shareholders overwhelmingly approved the deal in San Francisco. Mondavi, founded in 1966 by wine pioneer Robert Mondavi, has faced tough competition from imports and inexpensive domestic brands such as California's Charles Shaw Charles Shaw can refer to:
But those plans were upset when Constellation made an offer for the whole company. Blockbuster cuts DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. rental fees DALLAS - Blockbuster Inc. is cutting the cost of its monthly online rental service, the latest salvo in a price war with Netflix Inc. and Wal- Mart Stores Inc. Blockbuster, the largest movie-rental chain in the country, said Wednesday it was cutting the price of a monthly subscription to its online ordering, mail delivery service to $14.99 from $17.49. The Dallas-based company said it was also expanding its online inventory to 30,000 titles from 25,000. For the $14.99 service, Blockbuster lets customers rent three movies at any one time with no due dates or late fees. A similar service from Wal- Mart costs $15.54 a month, and $17.99 at Netflix. Sudafed markets new formulation EVANSVILLE, Ind. - The maker of Sudafed is offering a new version of the cold and allergy medicine without an ingredient often used to produce the illegal and highly addictive drug methamphetamine in home labs. Pseudophedrine will be replaced with another substance, phenylephrine phenylephrine /phen·yl·eph·rine/ (-ef´rin) an adrenergic used as the hydrochloride salt for its potent vasoconstrictor properties. phen·yl·eph·rine n. , in a new product called Sudafed PE, which will become available Jan. 10 in the United States, Pfizer Inc. spokeswoman Erica Johnson said Wednesday. Pfizer will continue to offer the old Sudafed, too. GDP GDP (guanosine diphosphate): see guanine. up 4 percent in recent quarter WASHINGTON - The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought. The new reading on the gross domestic product, released Wednesday by the Commerce Department, exceeded the previous estimate of a 3.9 percent growth rate for the July-to-September quarter. It marked the best showing since the opening quarter of this year and was up from a 3.3 percent pace in the second quarter. Gross domestic product measures the value of all goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. produced within the United States and is the broadest barometer of the country's economic health. Stewart talks on sentence reform NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Martha Stewart, in a Christmas message posted on her personal Web site, called Wednesday for sentencing reform and took a swipe at the ``bad food'' in prison. Stewart, who is roughly halfway through a five-month sentence for lying about a stock sale, urged fans to think about the women she has met in prison who are ``devoid of care, devoid of love, devoid of family.'' She suggested Americans should push for reforms in federal sentencing guidelines The Federal Sentencing Guidelines are rules that set out a uniform sentencing policy for convicted defendants in the United States federal court system. The Guidelines are the product of the United States Sentencing Commission and are part of an overall federal sentencing reform for nonviolent first-time offenders and particularly for drug offenders, who she said would be better served by rehabilitation than prison. Prosecutor hired for legal staff NEW HAVEN, Conn. - The Hartford Financial Services Group Inc., the subject of a Securities and Exchange Commission investigation, has hired a former top federal corruption prosecutor in Connecticut to join its legal staff. The Hartford named Ronald Apter as vice president and deputy associate counsel for compliance. Apter successfully prosecuted Joseph Ganim, mayor of Connecticut's largest city, Bridgeport, on corruption charges. The company would not say whether Apter was brought in specifically to handle the inquiries by the SEC and attorneys general from several states, who have subpoenaed documents from the provider of life, health, automobile and property insurance and investment products. |
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