BRIEFCASE.Byline: -- Staff and Wire Services Stewart may pay $5 million of own Martha Stewart <noinclude></noinclude> Martha Stewart (born Martha Helen Kostyra on August 3, 1941) is an American business magnate, author, editor and homemaking advocate. She is also a former stockbroker and fashion model. is expected to pay $5 million out of her own pocket as part of a $30 million class-action lawsuit that claimed she had lied about a stock sale of ImClone Inc. shares. An additional $15 million is expected to be paid by Martha Stewart Living Omnimedia Martha Stewart Living Omnimedia Inc. (MSLO, NYSE: MSO) is publishing and content provider founded by Martha Stewart. The Company's business activities center around the domestic arts. In 2005 MSLO reported revenues of US$209.5 million compared to US$187. Inc., and insurers will pick up the balance, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a Securities and Exchange Commission filling. UnitedHealth issues warning MINNEAPOLIS -- UnitedHealth Group UnitedHealth Group Incorporated NYSE: UNH is a managed health care company. It is the parent of United Healthcare, one of the largest health insurers in the U.S. It was created in 1977, as UnitedHealthCare Corporation (it renamed itself in 1998), but traces its origin to a Inc. warned investors Wednesday that its stock-option fiasco will cost much more than the $286 million it previously estimated, and said it would restate re·state tr.v. re·stat·ed, re·stat·ing, re·states To state again or in a new form. See Synonyms at repeat. re·state earnings all the way back to 1994. The company's chief financial officer also resigned but will be assuming unspecified operational duties at the nation's second-largest health insurer. UnitedHealth said it has found problems with its handling of stock options as late as the end of 2005. Chinese trade surplus at high BEIJING -- China said Wednesday that its politically sensitive trade surplus hit a record high in October as exports soared and import growth fell amid government efforts to rein in to check the speed of, or cause to stop, by drawing the reins. to cause (a person) to slow down or cease some activity; - to rein in is used commonly of superiors in a chain of command, ordering a subordinate to moderate or cease some activity deemed excessive. See also: Rein Rein an investment boom. The surplus in October jumped to $23.8 billion, up 27 percent from the previous high of $18.8 billion in August, according to the General Administration of Customs. That raised China's total surplus for the first 10 months of the year to $133.6 billion, already exceeding the $102 billion surplus for all of 2005, the agency said. Times' investor seeking action 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 dissident investor is escalating a showdown with the New York Times Co., seeking steps that would lessen the Sulzberger family's control over the storied newspaper company. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Investment Management, which owns 7.6 percent of the company's stock and is unhappy with a long slide in its share price, submitted a proposal Wednesday aimed at giving other shareholders more say in the company's operation and future. The proposal calls on the Times' board to make several changes, including putting its dual-class share structure -- which cements control of the company by the Sulzbergers -- to a shareholder vote. McDonald's world sales rise 5.5% CHICAGO -- Breakfast offerings and a Monopoly game promotion strengthened U.S. results and helped boost McDonald's Corp.'s worldwide same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. by 5.5 percent last month, the burger chain said Wednesday. While extending its sales momentum, McDonald's continues to lag some of its biggest rivals in the fast-food industry's efforts to switch to a healthier cooking oil. The Oak Brook, Ill.-based company said it is testing a zero trans-fat oil in a limited number of its U.S. restaurants. But after disclosing in Europe on Tuesday that it plans to switch oils in its European outlets, it said it still isn't ready to make such a move in its largest market. |
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