Great thirst, less profit in beer frontier

Article Abstract:

The world's largest brewer Anheuser-Busch Cos. Inc. is paying a fat $720 million for China's Harbin Brewery in order to gain an advantage in the world's last big frontier of beer. The beer consumption in China has surged 40 percent since 1997 and a growth of 6 percent a year is expected for the near future due to the rising incomes.

Sales, profits & dividends, Malt beverages, Brewing industry, Breweries, Company sales and earnings, Company earnings/profit, Anheuser-Busch Companies Inc., BUD

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Pentagon's no-bid pacts total $362 billion since '98

Article Abstract:

The Pentagon spent a total of $362 billion on no-bid contracts since 1998, with the 10 biggest defense contractors getting the most competitive deals. The 10 biggest contractors got more than half of all the no-bid and cost-plus contrasts issued by the Defense Department.

Management dynamics, Management, Company business management, United States. Department of Defense, Defense contracts, Government contract, Defence contracts

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Comcast will offer free music service

Article Abstract:

Comcast announced a deal that would give its high-speed Internet customers a free subscription to RealNetworks' music service, Rhapsody RadioPlus. Comcast has a deal with Disney to provide free multimedia services for children, and faster Internet connections.

Cable Television Systems, Cable Networks, Cable and other pay TV services, Entertainers & entertainment groups, Cable television broadcasting industry, Comcast Corp., CMCSA, Music industry

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