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In Brief

TOKYO — Money-losing Japanese electronics and nuclear company Toshiba has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of getting delisted.

Tokyo-based Toshiba, whose U.S. nuclear unit Westinghouse Electric filed for bankruptcy protection in March, said today it got an extension from an earlier June deadline to give its earnings report for the fiscal year ended March.

But it’s getting bumped down from the first to the second section of the Tokyo Stock Exchange.

[naviga:h3]St. Marys supports brewery expansion[/naviga:h3]

ST. MARYS — A Pennsylvania city is supporting expansion of a local brewery, citing economic growth and tourism the project is expected to bring.

WJAC-TV reported that St. Marys approved Straub Brewery’s application for a $1 million Redevelopment Assistance Capital Project grant. Community and economic development coordinator Tina Gradizzi said Straub needed city approval to apply for the grant.

Gradizzi said Straub Brewery will expand its visitor’s center and in-house brewery. The project will cost about $2 million to complete and is scheduled to begin next spring.

Officials said St. Marys will assume virtually no financial risk since the grant applicant will be the Progress Fund, with Straub as sub-applicant.

[naviga:h3]Vermont has big maple syrup crop[/naviga:h3]

MONTPELIER, Vt. — Vermont had another sweet season, producing nearly 2 million gallons, the second highest amount on record.

The U.S. Department of Agriculture said the number of taps in maple trees in Vermont grew this season by 12 percent for a total of 5.4 million.

The USDA said producers were encouraged to tap trees early this season because of the warmer temperatures. The season lasted 46 days on average, compared with 44 days last year.

[naviga:h3]FCC proposes $120 million fine[/naviga:h3]

NEW YORK — The Federal Communications Commission is proposing a $120 million fine for a scheme that appeared to trick consumers into buying vacation packages that were not what they had expected.

The agency said Thursday that Miami resident Adrian Abramovich, through his companies, made calls that were faked to appear as though they were from the same area code as the people who were dialed.

People who did answer the phone heard a recording saying they could get a vacation package from well-known travel companies.

Instead, they got transferred to a call center where salespeople pushed low-quality travel deals, often related to timeshares, that were unaffiliated with the brands in the prerecorded message at the start of the call, the FCC said.

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