Business news for Mon, 31 Dec 2007 & with word chain. 4 news.

The Motion Picture Association of America (MPAA) estimates that U.S. studios lose more than $3 billion annual to piracy. Consider recent issues: "American Gangster" is pirated and available on DVD for $5 two weeks prior to its theatrical release. The Writers Guild of America and studios negotiate for important slices of the digital media pie.

A major supermarket chain has outraged human rights activists by flying fish 5,000 miles from starving Zimbabwe

(AP) -- Rhoda Pritzker, whose late husband's family founded the Hyatt hotel chain, has died, her son said. She was 93. Pritzker died at her winter home Dec. 23 in Casey Key, Fla., after a long illness, her son Nicholas Pritzker said. She was married to Chicago businessman and lawyer Jack ...

HONG KONG (MarketWatch) -- Tokyo-listed supermarket and department store operator Seiyu Ltd. will undergo a restructuring that will see the firm refurbish stores and open new ones, while targeting a return to profitability within two years, according to the Nikkei business daily. As part of its transformation to a wholly-owned subsidiary Wal-Mart Stores Inc. this spring, the firm will consolidate five regional units, up the pace of its refurbishment plans to include more than 70 stores in 2008 and make other adjustments to its supply chain and payroll procedures, the Nikkei reported. Seiyu will open about 60 new stores by 2012 and target annual group sales of more than 1.2 trillion yen. The report said the strategy set out the goals as part of five-year plan.