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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. |
Other Business News
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