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Business for Friday, January 05, 2007

Constellation profits up 1 percent in third quarter

FAIRPORT, N.Y. — Constellation Brands Inc., the world’s biggest winemaker, said Thursday its profit edged up 1 percent in its third quarter, helped by sales of imported beer and branded wine but crimped once more by heightened competition in Britain.

Consumer show focuses on latest gadgets

Entertainment is going extreme as content providers, distributors and electronics makers race to keep pace in a world in which digital media becomes accessible anytime, anywhere.

FTC fines marketer of diet pills

WASHINGTON — Now that you’ve indulged in all those holiday goodies and made that New Year’s resolution to shed some pounds, the government says don’t count on a diet pill to help.

Officials: Economy shows no signs of recession

WASHINGTON — Economic indicators flashed mixed signals Thursday, with retailers reporting disappointing holiday results, service industries slowing at year’s end and factory orders falling.

Federated faces challenge in wooing customers

CINCINNATI — Federated Department Stores Inc. still hasn’t sold shoppers at former May stores on their new Macy’s replacement.

Napa Valley briefly: Jan. 4

Suze Orman at NV Opera House Sunday

China forges ties with Africa

BISSAU, Guinea-Bissau  — China paid for the marble and tile parliament building soaring above the crumbling homes of this former Portuguese colony, and is also promising a dam and a military hospital — all with none of the political strings Western donors might attach.

Warner to unveil high-def DVD disc

LOS ANGELES — Warner Bros. is set to introduce a high definition DVD disc that can hold films and TV shows in rival and incompatible formats, the latest sign that the yearlong format war is long from over.

Small car competition heating up among automakers

11:43 a.m. DETROIT -- Tiny and affordable, subcompact vehicles have come a long way from their "econobox" past.

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