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LI wine industry in ferment BY MARK HARRINGTON On the East End, where warming temperatures are beginning to coax the first buds from this season's newly pruned grapevines, the most-talked-about vineyard is not the Borghese property that recently went up for sale, but one that lies strangely barren beneath the mid-April sun. Briefing Compiled from wire reports The markets Hugely popular Web site that hosts video uploads - some pirated - earns studios' wrath, and envy Los Angeles Times In an online world awash with amateur videos of pratfalls and stupid pet tricks, who could help but notice Natalie Portman's gangsta rap on YouTube? Conditions set for HIV test approval KATHLEEN KERR Chembio Diagnostics Inc. of Medford said yesterday that the Food and Drug Administration is inclined to approve the company's rapid tests for HIV providing certain standard conditions are met. Times change for the suburbs BY SUSAN HARRIGAN Trying to adjust to last year's staff cuts in its newsroom, The New York Times plans to combine its four Sunday regional sections, including the Long Island version, into one section. NY pension fund alleges Qwest fraud Bloomberg News The New York State Common Retirement Fund filed a lawsuit accusing Qwest Communications International Inc. and its former chief executive, Joseph Nacchio, of misleading investors about the financial health of the company. COMPANY EARNINGS Apple plays a profitable tune COMBINED NEWS SERVICES Apple Computer Inc. reported yesterday its second-quarter profit rose 41 percent even after iPod and Macintosh shipments fell from a record holiday season. Net income rose to $410 million, or 47 cents a share, from $290 million, or 34 cents, a year earlier, Cupertino, Calif.-based Apple said. Sales increased 34 percent to $4.36 billion, compared with growth that averaged 65 percent in the prior five periods. Core inflation up; exceeds estimates BLOOMBERG NEWS; Staff writer Randi F. Marshall contributed to this story. Inflation accelerated in March as U.S. consumer prices, excluding food and energy, rose more than expected, posing a dilemma for Federal Reserve policy makers who signaled in notes released yesterday that they may soon stop raising interest rates. More gains continue stock rally Stocks made a modest advance yesterday as strong earnings from Yahoo Inc. and United Technologies Corp. helped investors briefly set aside worries about inflation and rising oil prices. IN BRIEF Compiled from staff and wire reports; ARRIE MASON-DRAFFEN SKILLING CONTENTIOUS AT ENRON TRIAL. Former Enron Corp. chief executive Jeffrey Skilling denied a government lawyer's accusation that he lied to investors about how the company made money before it declared bankruptcy in 2001. In his third day of cross-examination at his fraud trial in Houston, Skilling sparred repeatedly with U.S. prosecutor Sean Berkowitz over charges that Enron didn't tell investors that most of its profits came from risky gas and electricity trades instead of energy transportation. Skilling said Berkowitz's assertion was misleading to the jury, now hearing its 12th week of testimony. Skilling, 52, and former chairman Kenneth Lay, 64, are accused of conspiring to defraud investors in Enron, once the nation's seventh-largest company, before it collapsed. Skilling also is accused of insider trading. Both face at least 25 years in prison if convicted. Several former Enron executives have testified that the company made hundreds of millions of dollars by betting on power prices during the California energy crisis in 2000 and 2001. Witnesses said Skilling feared investors would lower Enron's stock price if they understood how much the company relied on its trading profits. Skilling also disputed government claims that Enron combined its retail division into the company's energy trading operation in 2001 to hide hundreds of millions of dollars in losses.
Thursday, April 20
• Briefing
• IN BRIEF
Wednesday, April 19
• Briefing
• IN BRIEF
Tuesday, April 18
• Briefing
• IN BRIEF
Monday, April 17
• Museums
• Briefing
Sunday, April 16
• FACE-OFF
Saturday, April 15
• IN BRIEF
• Briefing
Friday, April 14
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