BRIEFCASE UNIVISION, LUNA TEAM UP ON MUSIC.Byline: - Staff and Wire Services WOODLAND HILLS - Univision Music Group The Univision Music Group Is the #1 Latin music company in the U.S. with approximately 45% market share. Founded in April 2001 with a vision of releasing and marketing the best of every genre of Latin music, the Univision Music Group now includes three record labels: Univision said Friday it has agreed to sell, market and distribute artists with Luna Music Group, a newly created label headed by industry veteran Abel De Luna. The partnership will focus on developing new Latin recording artists in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Mexico. Univision Music also said it will help De Luna market previously released albums. United forms plan to exit bankruptcy CHICAGO - United Airlines on Friday said it would submit its formal plan for exiting bankruptcy to a judge next month. In a court filing, the airline's parent company, Elk Grove Village-based UAL UAL United Airlines (ICAO code) UAL Unified Accelerator Library (Brookhaven National Laboratory) UAL User Account Lockdown UAL User Access Layer UAL Universal Auxiliary Language UAL User Agent Layer Corp., detailed its timeline for filing the documents that will form the blueprint for its emergence from 2 1/2 years of Chapter 11 bankruptcy protection sometime this fall. United said it planned to submit around Aug. 1 two key documents that will spell out how it will settle claims with lenders and other parties and detail its future business model. Factory activity rises fast in June 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 - Activity in the nation's factories increased at a faster pace in June, a private research group said Friday, in a fresh signal that the nation's economy continues to expand. A second report showed construction spending Construction Spending An economic indicator that measures the amount of spending towards new construction. Released monthly by the U.S. Department of Commerce's Census Bureau, it looks at residential and non-residential construction in the private sector, and state and federal at declined for a third straight month in May, but still remains close to its all-time high. The pickup in manufacturing marked the sector's 25th consecutive month of expansion, according to figures from the Institute for Supply Management. The June upturn follows six consecutive months of slowing growth, the group said. DaimlerChrysler gets postal deal WASHINGTON - The Postal Service said Friday it has awarded a $60.5 million contract to a unit of DaimlerChrysler AG for carrier route delivery vehicles. The contract calls for delivery of 3,100 left-hand drive minivans and 10 clean diesel vehicles by Nov. 30. The vehicles will be customized by OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Systems Inc. of Centreville, Ill., to meet Postal Service needs by adding such features as interior partitions, rear mirrors and specialized floor mats. DaimlerChrysler's U.S. shares fell 3 cents to close at $40.48 on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . State wants Exxon judgment upheld MONTGOMERY, Ala. - The state government asked the Alabama Supreme Court The Supreme Court of Alabama is the highest court in the state of Alabama. The court consists of a Chief Justice and eight Associate Justices, elected in partisan elections for staggered six year terms. to uphold a record $3.5 billion judgment against Exxon Mobil Corp., contending the world's largest publicly traded oil company had a ``secret scheme to cheat the state out of its bargained-for royalties.'' In legal papers filed late Thursday, the state's attorneys said, ``It is true that the punitive damages Monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer. award is virtually unprecedented, but so is the scale of the wrong to be punished and the size of the wrongdoer.'' The state's legal arguments were in response to Exxon Mobil's request in May for the Supreme Court to throw out the largest verdict in state history. Exxon Mobil argued that the judgment wasn't based on facts and was unconstitutionally excessive. Problem in heart device could kill WASHINGTON - A malfunction in some of the Guidant Corp. defibrillators recalled last month could cause serious injury or death, the government said Friday in classifying 20,000 of the devices as the most urgent type of recalls. The Food and Drug Administration is not urging that the recalled defibrillators be removed. But it used Friday's action to urge patients to contact their doctors to decide appropriate next steps. Guidant recalled a series of defibrillators last month. The new FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. action lists a portion of them as Class I recalls, the most serious type - a move that may help doctors in deciding how aggressively to notify and treat their patients. |
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