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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 24 Feb 2001   For week ended October 27, 2000
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Business News

  How Utah Video Store Pornography Prosecution Led to Criticism of Marriott Corp.
The prosecution of a Utah county video store chain here has exposed the involvement in the industry of a number of large corporations, either for producing and distributing the videos, as companies like AT&T, TimeWarner, and General Motors do, or for providing access to the films, like hotel companies Hilton Hotels and Marriott Corp. Marriott has come under criticism especially because it was founded by Mormon J. Willard Marriott, Sr., and is even now run by his son, LDS Church member J. Willard Marriott, Jr.

  Corvis, 1-800-Contacts Drive Mormon Stock Index Up 2%
After a long downturn, the Mormon Stock Index rose 2% last week, largely on the strength of LDS billionaire David Huber's Corvis Corp., which rose $8.25 (14%) after posting its first revenue. The index also benefited from strong performances by 1-800 Contacts and Myriad Genetics, overcoming a shocking 45% drop in the stock price of video retailer Hollywood Entertainment.



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