BRIEFCASE.Byline: - Staff and Wire Services EU probing Dole in trust violations WESTLAKE VILLAGE - Dole Food Co. Inc. confirmed Friday that European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community antitrust authorities conducted a search of some of its offices in Europe. The European Commission is investigating alleged violations of European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community competition laws in the banana and pineapple industries. The company said it was cooperating with the European authorities. Westlake Village-based Dole, with 2004 revenues of $5.3 billion, is the world's largest producer and marketer of fresh fruit, vegetables and cut flowers flowers cut from the stalk, as for making a bouquet. See also: Flower . Apple stock falls, iPod sales slow? 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 - Shares of Apple Computer dropped almost 5 percent on Friday on speculation that the company might be experiencing a slowdown in sales of iPods, the product that has largely driven the company's phenomenal growth the last few years. The concern came after an independent Web site, AppleInsider.com, reported that shipments of iPods, the portable digital music player See digital music player and Portable Media Center. , appeared to be ``flat or declining'' this month, and that the product was ``overstocked.'' Apple launched a recycling program Friday for the iPod, encouraging owners to bring their digital music players to Apple retail stores for free, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] disposal. The company has been under siege from environmentalists, who say the company hasn't done enough to promote recycling of its products, which often end up in landfills 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 in developing countries. Court won't drop deal at Adelphia 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 - A federal appeals court in Manhattan on Friday denied a request by several Adelphia Communications Corp. debt holders to vacate To annul, set aside, or render void; to surrender possession or occupancy. The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents. a settlement agreement between the company, the government, and the Rigas family. The U.S. Court of Appeals for the Second Circuit declined to overturn prior rulings by three judges approving of the $715 million pact, which settles Justice Department and Securities and Exchange Commission charges stemming from a massive accounting scandal at the telecommunications company See telecom company. . The settlement includes a nonprosecution agreement with Adelphia. Tylenol products being recalled FORT WASHINGTON, Pa. - The maker of Tylenol said Friday it was voluntarily recalling several children's products because label information may be confusing and could lead to overdosing. McNeil Consumer & Specialty Pharmaceuticals said it was recalling all lots and all flavors of 80 mg Children's Tylenol Meltaways packaged in bottles and blisters, 80 mg Children's Tylenol SoftChews packaged in blisters, and 160 mg Jr. Tylenol Meltaways packaged in blisters. The recall affects only SoftChews and Meltaways versions of the product. McNeil is a unit of health care products company Johnson & Johnson Inc. Consumers or retailers who have questions can call McNeil at (877) 895-3665. Beer sales strong for Memorial Day ST. LOUIS - A survey of beer wholesalers found Memorial Day sales were stronger than expected, thanks to discounting and good weather. Smith Barney analyst Bonnie Herzog said the firm's survey of approximately 40 wholesalers found volume was up 7 percent during the holiday compared with last year. GM, Ford both cut back production DETROIT - General Motors Corp. and Ford Motor Co., the nation's two biggest automakers, ordered fresh production cutbacks this week after they again lost business and valuable market share to Asian rivals in May. Some of their key suppliers have seen orders dwindle dwin·dle v. dwin·dled, dwin·dling, dwin·dles v.intr. To become gradually less until little remains. v.tr. To cause to dwindle. See Synonyms at decrease. so much they've had to declare bankruptcy. Add to that Friday's news of fewer jobs in the U.S. manufacturing sector as a whole, and it raises a disturbing question: Could the Midwest be falling back into the Rust Belt malaise of the early 1980s, when Michigan's unemployment rate topped 16 percent and GM, the world's largest automaker, saw its market share tumble nearly 10 percentage points. |
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