News Organizations Taking A More Cautious Approach
Date: 31 July 1998
By Robin Pogrebin
Robin Pogrebin
News organizations are proceeding as usual in reporting developments in Monica Lewinsky-Pres Clinton story, plastering story on front pages and leading their television reports with news about case, but are also seen taking a more cautious approach (M)
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Long Island PBS Channel To Get Live BBC Newscasts
Date: 30 July 1998
By Lawrie Mifflin
Lawrie Mifflin
British Broadcasting Corp enters three-year contract with WLIW/Channel 21, Long Island-based PBS station, that will provide three half-hour BBC World news programs, live from London, every day to WLIW and about 25 other public television stations; WLIW has carried evening newscast from ITN, another British network, but that contract ends Nov 1 (M)
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Observer; Toads and Wonders
Date: 31 July 1998
By Russell Baker
Russell Baker
Russell Baker Op-Ed column muses on some developments he's seen in the news, including cloning and politicians' sudden interest in ailing people; wonders what exactly this generation has a rendezvous with (S)
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In America; Justice Delayed
Date: 30 July 1998
By Bob Herbert
Bob Herbert
Bob Herbert Op-Ed column examines case of Jeffrey Blake, serving sentence of 36 years to life for double homicide because of breakdown in criminal justice system in New York; notes that only evidence against him was testimony of man named Dana Garner, who claims to have witnessed three other, unrelated homicides as well, and who has refused to testify at Blake's post-conviction hearing; says police, prosecutors and press see case as cheap, not worth getting excited about, but fact is that Blake is probably innocent (M)
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Akzo Nobel Shares Slide on Profit News
Date: 30 July 1998
By Bloomberg News
Bloomberg News
Shares of Akzo Nobel NV drops 14 percent after company posts lower-than-expected second-quarter earnings; net income rose 5 percent, to 483 milion guilders (S)
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DOBSON COMMUNICATIONS AGREES TO BUY SYGNET WIRELESS
Date: 30 July 1998
By Bloomberg News
Bloomberg News
Dobson Communications Corp agrees to buy Sygnet Wireless Inc for $337.5 million in cash and to assume $310 million in debt (S)
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MCCAW FAMILY EXERCISES AN OPTION FOR SHARES IN NEXTEL
Date: 30 July 1998
By Bloomberg News
Bloomberg News
Nextel Communications Inc says Craig McCaw and his family exercised option to buy about 10 million shares in company in cashless transaction (S)
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UNITED PLACES BILLION-DOLLAR ORDER WITH AIRBUS
Date: 31 July 1998
By Bloomberg News
Bloomberg News
United Airlines approves purchase of 22 Airbus Industrie planes worth up to $1.05 billion, completing plan to build up airline's fleet (S)
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DEL MONTE, CITING MARKET CONDITIONS, DELAYS OFFERING
Date: 30 July 1998
By Bloomberg News
Bloomberg News
Del Monte Foods Co postpones its initial public offering, citing market conditions (S)
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STOCK OF USA NETWORKS UP 11.3% AS LOSSES NARROW
Date: 31 July 1998
By Bloomberg News
Bloomberg News
Shares of USA Networks Inc rise 11.3 percent after company says that second-quarter loss narrowed more than expected and that it plans to buy back as many 10 million shares in next year; company has pro forma loss of $1.3 million compared with $10.5 million a year earlier; revenue rise 15 percent, to $689.9 million from $601.1 million (S)
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