Pacific Northwest Seattle-based Pyramid Breweries has struck a multiyear sponsorship deal with the Seattle Mariners, allowing the brewery...
Seattle-based Pyramid Breweries has struck a multiyear sponsorship deal with the Seattle Mariners, allowing the brewery to use the team’s name and logo at its alehouse, across the street from Safeco Field, and on Pyramid products sold through retailers outside the stadium. Financial details of the deal were not disclosed.
“It’s going to be a centerpiece of our marketing efforts for the Northwest,” said Scott Barnum, Pyramid’s chief executive. “It’s nice to finally and officially be part of the Mariners program.”
Dozens of brands of beer are poured at Safeco, but Anheuser-Busch was the team’s lone beer sponsor until now. Anheuser-Busch owns about a third of Redhook Ale Brewery in Woodinville.
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Nation / World
The U.S. Justice Department has begun a criminal investigation into whether aluminum maker Alcoa participated in bribery in the Persian Gulf state of Bahrain.
In documents filed Thursday in U.S. District Court, federal prosecutors asked a judge to halt a federal civil lawsuit that accused Pittsburgh-based Alcoa of bribing officials through overseas shell companies to secure hundreds of millions of dollars in overpayments.
Aluminum Bahrain B.S.C., also known as Alba, in which the Bahrain government holds a 77 percent stake, is seeking more than $1 billion in damages from Alcoa and other affiliated defendants, according to a federal lawsuit filed last month.
payments laid out
AT&T says it will pay an initial down payment of $1.3 billion to the Federal Communications Commission (FCC) for its portion of wireless spectrum licenses it won in a government airwaves auction.
AT&T says it will pay the down payment, of which $500 million was paid before the start of the auction, within the next 10 business days, according to a regulatory filing Friday. The remaining balance of $5.3 billion will be paid on or before April 17.
AT&T says it will use funds from operations and either short-term or long-term debt to fund the purchase price.
On Thursday, the FCC announced the winners of a record-setting auction. The spectrum was made available, thanks to the transition to digital broadcasting.
Compiled from Seattle Times staff and The Associated Press