U.S. Journalists Killed in Bosnia
Date: 02 May 1994
Two American journalists were killed and another was slightly wounded today when they drove over a mine about eight miles north of Mostar, after having strayed off the main road from Mostar to Sarajevo, United Nations officials said. The officials identified the dead as Francis Tomasic of Spin magazine, which is devoted to popular music and culture, and Brian Brenton of Magnolia News, a weekly based in Seattle. The wounded journalist was identified as the novelist William T. Vollmann, who was on assignment for Spin.
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Abroad at Home; Politics Of Hate
Date: 02 May 1994
By Anthony Lewis
Anthony Lewis
At her press conference last month Hillary Rodham Clinton turned aside a question about the politics of personal destruction. "I can't really help it," she said, "if some people get up every day wanting to destroy." The way Mrs. Clinton put it reflected the pain that she and the President have surely felt at the level of personal attack leveled at them in recent months. Whitewater is only part of it. Below the mainstream press there is a flow of poison directed at the President and his wife: in the comments of talk-show bigots, in extreme-right magazines and newsletters.
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Gas Deal by Tenneco
Date: 03 May 1994
By Bloomberg News
Bloomberg News
The Tenneco Gas Company, a unit of Tenneco Inc., said today that it had bought a 50 percent stake in the partnership that owns and operates the Dauphin Island Gathering System, an offshore natural gas pipeline in Mobile Bay, Ala. The price of the transaction was not disclosed.
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CAESARS STOCK FALLS 10% ON DECLINE IN EARNINGS
Date: 03 May 1994
By Bloomberg News
Bloomberg News
The stock of Caesars World Inc. declined 10 percent yesterday after the company said it expected to report earnings of 42 to 50 cents a share in the quarter that ended on April 30, compared with 69 cents in the quarter a year earlier. The company, which owns casino hotels in Nevada and Atlantic City, attributed the decline to increased marketing expenses and higher provisions to cover uncollectible gambling debts and to provide free services for high-rolling patrons. The company's shares fell $4.875, to $43.75, on the New York Stock Exchange, where more than one million of its shares were traded.
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Bank to Buy German Sites
Date: 02 May 1994
By Bloomberg News
Bloomberg News
Deutsche Bank A.G. will buy three lavish development sites started by the Schneider group, which is now defunct. The bank provided most of the financing for the projects. In a weekend interview with Hessischer Rundfunk radio, Deutsche Bank's managing board member, Georg Krupp, said the bank was in the final stages of acquiring two hotels in Wiesbaden and Munich and a mall in Frankfurt.
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Factory Data Were Strong During April
Date: 03 May 1994
By Bloomberg News
Bloomberg News
Manufacturing expanded for the eighth straight month in April, with the strongest showing in manufacturing employment in five years, the National Association of Purchasing Management said today. In another report, the Commerce Department said today that construction spending rose eight-tenths of a percent in March, reversing two months of weather-related declines.
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GE Capital's Kemper Threat
Date: 03 May 1994
By Bloomberg News
Bloomberg News
The GE Capital Corporation said today that it would drop its $2.1 billion bid for the Kemper Corporation unless investors voted for its slate of candidates for Kemper's board at the company's annual meeting next week. "If we win, our nominees are committed to an immediate sale of Kemper for at least $55 a share," Gary Wendt, the president and chief executive of GE Capital, wrote in a letter to Kemper shareholders. "If not, we will withdraw our proposal."
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Dollar Falls Again vs. Mark As Fed Remains on Sidelines
Date: 03 May 1994
By Bloomberg News
Bloomberg News
The dollar fell against the German mark yesterday for the seventh straight trading session as confidence in the American currency continued to wane and the Federal Reserve made no apparent effort to stem its slide. On Friday, The Fed bought dollars for marks and Japanese yen after the dollar fell to a six-month low against the mark and an eight-month low against the yen. Now traders are waiting to see if the Fed is willing to defend the dollar again.
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NEWS SUMMARY
Date: 02 May 1994
International A3-11 A.N.C. AHEAD IN SOUTH AFRICA The African National Congress estimated from early returns that it had won a solid victory, while the National Party of the current President appeared to have secured its future as the second party. A1
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NEWS SUMMARY
Date: 03 May 1994
International A3-15 SOUTH AFRICAN BATON PASSED President F. W. de Klerk conceded defeat with dignity in South Africa's election, and Nelson Mandela of the African National Congress accepted victory with equal grace as vote counting continued. A1 THE CELEBRATIONS BEGIN As Nelson Mandela claimed his presidential victory, joy swept the black ghettoes of South Africa, with crowds singing and dancing, fireworks and applause. A1 The spirit of the election, not the letter, its author says. A14 More violence in Natal after a respite for voting. A15 AID PACKAGE FOR PALESTINIANS The World Bank announced a $1.2 billion aid package to help the Palestinians achieve self-rule in the Gaza Strip and Jericho, with programs ranging from sewers to housing to health facilities. A1 Israeli and P.L.O negotiators will meet their deadline. A7 U.N. EFFORT ON RWANDA The United Nations is asking African nations if they would send troops to a peacekeeping operation in Rwanda, with another attempt under way to start peace talks. A3 DISAPPOINTMENT IN HUNGARY Hungary invited foreign investment as Communism fell, but with a presidential election coming and with the economy lagging, many are accusing the Government of selling the country's patrimony. A12 A PRIME MINISTER'S BUSINESS With Silvio Berlusconi set to become Italy's next Prime Minister, his future seems clear. What is less clear is the future of the company he owns, Fininvest, which has struggled with $2.3 billion in debt. D1 The Polish Airlines modernization attracts American carriers. D6 A German controversy over a ruling to ease drug laws. A12 No progress on human rights in a U.S.-China meeting. A8 Washington is reconsidering whether to use force in Haiti. A3 Goa Journal: On the wrong track in India. A4 National A16-20, B8 RULING ON CITY WASTE The Supreme Court ruled that toxic residue created by burning waste in municipal incinerators must be treated as hazardous and not dumped in ordinary landfills. A1 SETBACK FOR INCINERATORS Experts said the Supreme Court decision could hamper cities planning to build incinerators by increasing the cost of design and giving fodder to opponents of the plants. A18 KEVORKIAN IS ACQUITTED A Michigan jury cleared Dr. Jack Kevorkian of charges that he had violated a state law prohibiting assisted suicide by helping a terminally ill man take his life. A1 MORE DELAYS FOR AIRPORT The troubled Denver International Airport is still not ready for business, officials said, and no new opening date has been set. A16 FEW OPT FOR IMPLANT More than a year after the contraceptive Norplant was made available to students at a Baltimore high school, few girls have taken up the offer. A16 SHORTER LIST FOR COURT President Clinton and his senior aides narrowed the search for a Supreme Court nominee to three or four candidates after a long meeting, Government officials said. A16 FIRST LADY'S ROLE IN TRAVEL AFFAIR An investigation into dismissals at the White House travel office portrayed Hillary Clinton as having a more active role in the shake-up than previously reported. B8 A DEMOCRATIC DEFECTOR? Washington Talk: Senator Richard Shelby of Alabama has long been considered a Democrat on the verge of crossing the aisle. The talk has recently grown louder. B8 PUSHING FOR GUN BILL President Clinton tried to persuade wavering members of the House to support legislation to ban the manufacture of 19 types of semiautomatic weapons. B8 ADS FOR HEALTH PLAN Supporters of a Canadian-style system of government-financed health insurance announced a new advertising campaign, hoping to build on their success in a recent grass-roots campaign on behalf of the idea in California. B8 Metro Digest B1 DEATH OF A FAMILY For 27 years Abraham Meyers drove without a license, accumulating a long list of suspensions and arrests. On Sunday his car hit four members of a family, killing three. A1 Business Digest D1 Arts/Entertainment C15-20 A meeting of the Arab museum world. C15 Action-film producer on her life and works. C15 Music: Two concerts by Faust. C16 Diedre Murray. C16 "Dominican Roots." C19 Dance: Boston Ballet in a new work by Tharp. C15 Books: Grace Paley's stories. C19 Television: Update on the new Russia. C20 Fashion B9 Coming back around to Blass. Science C1-14 Fossil evidence shows how the whale returned to the sea. C1 Male hormones help shape women, too, in mind and body. C1 A scientist who leaped from yeast studies to cancer research. C1 Theory seeks to explain why immune defenses fail in AIDS. C3 Scientists are seeking more new species in Vietnam. C4 Q&A C5 Genetically engineered mice turn out human antibodies. C6 Personal Computers C8 Peripherals C9 Obituaries B10 Richard Scarry, best-selling author and illustrator of children's books. Oliver Cope, a surgeon and professor at Harvard Medical School. Sports B11-17 HOME RUN MYSTERY Baseballs are flying out of major league ball parks in record numbers and people are searching for the reasons why. A1 Baseball: O'Neill in a groove. B11 9 unearned runs in third inning sink Mets. B13 Basketball: The deep Knicks. B11 Pacers sweep Magic. B15 Columns: Berkow on violence. B11 TV Sports B14 Football: Moore's new role. B14 Hockey: Rangers' Noonan reflects his roots. B14 Devils fighting for fans, too. B14 Sharks continues upset run. B14 Horse Racing: The Derby's dress rehearsal. B11 Sports People B16 Editorials/Op-Ed A22-23 Editorials Shaking up the schools. Demand action on weapons. Horror in Rwanda, shame in U.N. Letters Russell Baker: Gone with the Unum. A. M. Rosenthal: Are Arabs ready for peace? Yirmiyahu Yovel: Understanding terrorism. Richard Rhodes: Atomic spies, or atomic lies? Amy Knight: The man who wasn't there. Chronicle B7 Chess C14 Crossword C20
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