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BRIEFLY ELECTRONIC GAMER HEADS TO CITYWALK.

Byline: - Staff and Wire Services

UNIVERSAL CITY - The Electronic Boutique is opening a flagship store at Universal CityWalk on Wednesday.

Customers can try out the latest game systems and software at the store's 13 gaming stations. The store will include gaming stations dedicated to major console manufacturers like Xbox, Sony and Nintendo.

The electronic goods retailer has 1,623 ``gaming destinations'' across 10 countries.

Sales of Aranesp to grow in Europe

THOUSAND OAKS - The European Committee for Medicinal Products for Human Use recommended expanded marketing of Amgen Inc.'s anti-anemia drug Aranesp in the European Union, the biotech giant announced Friday.

The CHMP opinion recommends that Aranesp be used once every three weeks for adult cancer patients with non-myeloid malignancies and once per month for those suffering from chronic kidney disease. The company said the CHMP's recommendations generally receive endorsement from the European Commission within three to four months.

July state income exceeds forecast

SACRAMENTO - State Controller Steve Westly said Friday that the state revenue in July totaled $4.05 billion, about 13 percent higher than forecast.

``California's economy continues to show its strength,'' he said in a written statement.

Retail sales and use taxes were 38.6 percent higher than a May forecast predicted, he said, bringing in an additional $274 million, for a total of $983.7 million.

Corporation taxes accounted for $330 million in July, also significantly above the forecast - up $93 million, or 39.2 percent.

Personal income taxes accounted for $2.5 billion of the state's revenue, up less than 1 percent than the May forecast.

Regulators want more stent facts

BOSTON - A day after Boston Scientific Corp. expanded a month-old recall of its lucrative drug-coated heart stent, federal regulators met Friday with company officials and asked for additional data about the manufacturing defect that led to the recall.

The Food and Drug Administration also said it plans to inspect a stent manufacturing plant in Ireland. The examination would be similar to one last month at a Minnesota plant where the agency found no serious problems that could have contributed to the defect.

Oil prices retreat from record highs

LONDON - Oil prices retreated from record highs Friday as concerns about Russian supplies dissipated somewhat and OPEC said it was prepared to raise daily output by more than 1 million barrels.

A Moscow court ruled that the government acted illegally when it seized shares of a subsidiary of oil giant Yukos, handing the company a significant victory in its battle with the state over alleged back taxes. The outcome of the battle is important to oil markets because Yukos pumps 1.7 million barrels per day, or roughly 2 percent of the world's supply - a critical amount at a time when demand is strong and global inventories are tight.
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Aug 7, 2004
Words:463
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