AN EXTRA PENNY FOR YOUR THOUGHTS: Mailing a letter costs a penny more now, as the price of a first-class stamp rose to 42 cents Monday. But folks who planned ahead and bought Forever stamps for 41 cents each still can use them without extra postage. Sorry, Forever stamps also went up to 42 cents. The cost to mail a postcard also will went up a penny, to 27 cents. Other new rates:
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Postage rates last went up in May 2007, with a first-class stamp jumping 2 cents to 41 cents.
NESTLÉ PUTS A CAP ON ITS PLAN FOR BOTTLED WATER PLANT: The Nestlé company said it is significantly scaling back plans in Northern California to build what would have been the country's largest water bottling plant. Monday's announcement by Nestlé Waters North America comes after years of opposition by environmentalists and a group of residents in the rural town of McCloud in Siskiyou County. With soaring fuel and transportation costs, building a 1 million-square-foot facility at the base of Mount Shasta no longer makes economic sense, said David Palais, Nestlé's Northern California natural resource manager. The company also has built a plant in Denver and expanded other facilities in the West. Palais said those expansions make a large plant in California less necessary.
LONG ISLAND'S NEWSDAY NOW UNDER LOCAL OWNERSHIP: Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from the Tribune Co. in a deal valued at $650 million, the companies announced Monday. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his $580 million bid Saturday. New York Daily News owner Mortimer Zuckerman also had bid $580 million. The deal brings Newsday back to local ownership on Long Island. The Tribune had been seeking to sell Newsday to lighten an $8.2 billion debt load it took on last year when it went private in a deal orchestrated by real estate mogul Sam Zell.
BEE NEWS SERVICES
77: Percentage of U.S. employees who say they know someone who has taken Family and Medical Leave Act leave, according to a survey conducted by Tell It Now and ComPsych Corp.
6: Percentage of U.S. employees who say a colleague's reason for FMLA leave was "questionable."
JOHN MacINTYRE, UNIVERSAL PRESS SYNDICATE