Business digest, Feb. 4

Premium ContentMouse over Home then click on Premium Content for information.

Crash kills Micron CEO

A small experimental plane piloted by the chief executive and chairman of Micron Technology Inc. crashed after takeoff Friday at the Boise, Idaho, airport, killing the head of the Idaho memory chip maker who survived a similar crash eight years ago. Steve Appleton, 51, a professional stunt pilot and former motor cross racer, was the only person aboard the plane when witnesses said it steeply banked, stalled and rolled to the ground, according to Zoe Keliher of the National Transportation Safety Board. It was the aircraft's second takeoff attempt. Trading in Micron's stock was halted. An airport spokeswoman said the aircraft was a fixed-wing prop plane Lancair, which is built from kits.

Egg recall is widened

A Minnesota food company widened its recall of hard-cooked eggs that were produced in Nebraska because of a potential for listeria contamination. Michael Foods is recalling eggs in brine sold in 10- and 25-pound pails for institutional use in 34 states, including Nebraska and Iowa. The eggs carry six brand names: Columbia Valley Farms, GFS, Glenview Farms, Papetti's, Silverbrook and Wholesome Farms. The U.S. Food and Drug Administration says the eggs were produced at Michael Foods' plant in Wakefield, Neb., and were bought by food distributors and manufacturers. There have been no reports of illness tied to the eggs. But the company says the eggs have the potential to be contaminated with a strain of listeria that can cause serious infections.

Anheuser-Busch unveils new beer

Anheuser-Busch InBev is rolling out Bud Light Platinum, an upscale version of its best-selling label. It's the brewer's latest bid to pump up flagging sales of its flagship brand. Geared to be a higher-end version of its namesake, it is still a clear light lager, though one with more punch than Bud Light — 6 percent alcohol by volume compared with 4.2 percent.

— From wire reports

« Money

Share