Originally created 10/06/04

Business briefs



Stewart case ink expert exonerated

NEW YORK - An ink expert who testified for the government at the Martha Stewart trial was found not guilty Tuesday of lying on the witness stand.

A federal jury in Manhattan deliberated about seven hours over two days before acquitting Secret Service scientist Larry Stewart - no relation to the millionaire homemaker.

Coors-Molson deal gets federal OK

WASHINGTON - The federal government has cleared the merger of two longtime breweries, Adolph Coors Co. and Canada's Molson Inc., sending the deal to shareholders for final approval.

If approved, the two old-line, family-run breweries would together become the third-largest beer maker in North America.

PeopleSoft offers to talk to Oracle

WILMINGTON, Del. - PeopleSoft Inc.'s board is prepared to drop its ferocious resistance to Oracle Corp.'s hostile takeover bid and negotiate a price above the current $7.7 billion offer if there's high certainty a deal can be done quickly, a company director said in court Tuesday.

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Windsor Jewelers' owner forms entity

Donnie Thompson, the owner of Windsor Jewelers, has secured a financial backer for a possible expansion.

"We've come to realize that many Southeastern markets are underserved," he said in a statement.

The expansion will come under his recently created Windsor Jewelers LLC, formed in partnership with San Francisco-based Alpine Capital.

This will be Mr. Thompson's first foray outside Augusta-Aiken. He purchased a majority stake in Washington Road rival Doris Diamonds in May and in Aiken's Jewelers Loop in 1993.