A Newspaper Apologizes For Photos
Date: 31 August 2002
Philadelphia Daily News managing editor Ellen Foley apologizes for publishing 15 photographs of nonwhite suspects to illustrate story on fugitives wanted for murder; says photos sent message to some readers that only black men commit murder and failed to address question of why there are no fugitive white suspects (M)
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Baseball Without Metaphor
Date: 01 September 2002
By David Grann
David Grann
David Grann article on Barry Bonds, 37-year-old San Francisco Giant outfielder who holds Major League home-run record but is regularly badmouthed by fans, teammates and press; he has become pariah, in part because he has refused to play hero; he is blunt in his distaste for game's romantic pretense, referring to it openly as a business; he is unapologetic about his huge salary, saying he works for his money; he appears unfazed at possibility of baseball strike; he is confident that fans' ardor for game will not be dimmed; he denies rumors of steroid use; his godfather, Willie Mays, claims Bonds is criticized so vehemently because he tells the truth; photos (L)
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GENELABS FORECASTS APPROVAL FOR LUPUS DRUG
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Genelabs Technologies Inc stock soars after Food and Drug Administration says it might approve firm's Prestara lupus medicine if study shows it prevents bone damage (S)
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RAYTHEON TO REORGANIZE SEVERAL DIVISIONS AND CUT JOBS
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Raytheon Co will split its military and air-traffic work into seven businesses, then eliminate undetermined number of jobs (M)
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MIDWEST EXPRESS FLIGHT ATTENDANTS PLAN WORK ACTION
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Flight attendants at Midwest Express Airlines plan to hold one-day strikes or other disruptions after their union fails to reach agreement on contract (S)
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World Business Briefing | Americas: Mexico: Investment Bank Cuts Back
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Dresdner Kleinwort Wasserstein, investment banking unit of Allianz, will cease much of its Mexican business and lay off 20 executives to reduce costs (S)
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World Business Briefing | Asia: Hong Kong: Economic Growth
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Hong Kong's economy unexpectedly grew in second quarter; gross domestic product rose 0.4 percent over first quarter (M)
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Six Arrested in Stock Manipulation Case
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Former Walsh Manning Securities principals Frank Skelly and Craig Gross, former Stratton Oakmont officer Kenneth Greene, Lawrence Kaplan, Stanley Kaplan and Mandel Sherman are arrested on stock manipulation charges; allegedly netted $30 million by taking secret control of stock in companies after persuading officers and directors to raise capital through private placements and then selling shares to retail customers of their brokerage firms at inflated prices (S)
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Truckmaker Set To Lay Off 500
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Paccar, maker of trucks, will lay off as many as 500 workers in Madison, Tenn; blames decline in demand stemming from tougher federal emissions rules (M)
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Investors Withdrew Record Total From Stock Mutual Funds in July
Date: 31 August 2002
By Bloomberg News
Bloomberg News
Investment Company Institute reports investors withdrew record $52.6 billion from stock mutual funds in July and shifted record $28.1 billion into bond funds (M)
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