BUSINESS NOTES.TREASURY RATES DECLINE: Interest rates on short-term Treasury securities declined in Monday's auction to the lowest level in three weeks. The Treasury Department sold $6.5 billion in three-month bills at an average discount rate of 5.14 percent, down from 5.18 percent last week. Another $6.5 billion was sold in six-month bills at an average rate of 5.30 percent, down from 5.31 percent. EPITOPE epitope: see immunity. SUES SUBSIDIARY'S EX-OWNERS: Epitope Inc. said it filed a lawsuit against the former owners of its fruit and vegetable distribution subsidiary after the unit was implicated im·pli·cate tr.v. im·pli·cat·ed, im·pli·cat·ing, im·pli·cates 1. To involve or connect intimately or incriminatingly: evidence that implicates others in the plot. 2. in the outbreak of hepatitis A Hepatitis A Definition Hepatitis A is an inflammation of the liver caused by a virus, the hepatitis A virus (HAV). It varies in severity, running an acute course, generally starting within two to six weeks after contact with the virus, and lasting no in Michigan schools. The suit seeks to rescind Epitope's $6 million purchase of the subsidiary, which was completed in December. It also seeks $20 million in damages for fraud and breach of contract. The subsidiary, Andrew & Williamson Sales Co., sold strawberries that have been implicated by health officials as the most likely cause of the Hepatitis outbreak, which has sickened about 150 people. Epitope said last week that Andrew & Williamson had mislabeled mis·la·bel tr.v. mis·la·beled also mis·la·belled, mis·la·bel·ing also mis·la·bel·ling, mis·la·bels also mis·la·bels To label inaccurately. Adj. 1. the strawberries as grown and processed in the U.S., when they were actually grown in Mexico. The Department of Agriculture's school lunch program requires only U.S.-grown produce. Mislabeling mislabeling, n 1. the inaccurate identification of a product in which the label lists ingredients or components that are not actually included within the product. 2. is a criminal offense. FTC FTC See Federal Trade Commission (FTC). INVESTIGATES BEER ADS: The Federal Trade Commission has opened an inquiry into whether two major beer marketers - Miller Brewing Co. and Anheuser-Busch - aim advertising at underage drinkers, company officials said Monday. Both companies said they are cooperating with the agency, and one, Anheuser-Busch, issued a statement saying, ``We do not target our advertising toward young people, period.'' An FTC official said it is agency policy not to confirm or deny that an investigation is under way. Both Miller and Anheuser-Busch mounted ad campaigns last year on the television network MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. , an estimated about half of whose audience is underage, 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. Advertising Age, which first reported on the FTC investigation. BUNK BEDS RECALLED: Manufacturers are recalling 3,100 wooden and metal bunk beds because openings on the top bunk can trap a child's head, federal officials said Monday. The Consumer Product Safety Commission reports that 38 children have died after getting their heads caught in such a space. The manufacturers participating in this recall are: Acme Trading Corp. of Vernon. Metal bunk bed, model 2441; distributed from July 1996 to January 1997 in California, Colorado, Illinois, Nebraska, Oklahoma, Oregon and Texas. Chicken & Egg Furniture of Seattle. Horizontal and Spindle and Rung Blakely wooden bunk beds; distributed from 1987 to 1997 in California, Colorado, Idaho, Illinois, Minnesota, Montana, Nevada, Oregon, Washington and Wisconsin. IEM IEM Industrial Engineering and Management (course/program) IEM In Ear Monitor IEM Institution of Engineers, Malaysia IEM Inborn Errors of Metabolism (molecular biology) IEM Intelligent Energy Management Furniture of Commerce. Metal bunk beds, models 2155B, 2155G, 2155W, 2153B, 2153 G, 2153W; distributed from 1994 to 1996 in California, Nevada, Oregon and Washington. Silver Eagle Corp., of Sacramento. Wooden bunk beds and loft beds when used in bunk configuration, model Loft-1, CBD-Bunk-TT, CSH-Bunk-TT, RBD-Loft, REC-Bunk-TT; distributed from 1995 to 1997 in California, Nevada, Oregon and Washington. |
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