23 грудня 1993 р. був четвер під знаком зірки ♑. Це був 356 день року. Президентом Сполучених Штатів був William J. (Bill) Clinton.
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23rd of December 1993 News
Новини, як вони з'явилися на першій сторінці New York Times на 23 грудня 1993 р.
Abroad at Home; Freedom Of the Press
Date: 24 December 1993
By Anthony Lewis
Anthony Lewis
The press has its own version of Gresham's Law: the tendency, in the competition for readers, to let the scandalous and sensational drive out serious news. An example is the press in Britain, where the tittle-tattle of the tabloids has lately infected the news judgment of the quality papers. In the last week the American press has faced -- and most of it flunked -- a test of its resistance to the cheap and scurrilous. A story about the sex life of President Clinton, though dubious in its evidence and its promoters, nevertheless proved irresistible to most newspapers and broadcasters.
Full Article
Washington Talk; Deficit Cuts: Success Gets Little Notice
Date: 24 December 1993
By Adam Clymer
Adam Clymer
There was a time not long ago when the capital was consumed by the budget deficit, by the fear that it would exceed $300 billion and by intense partisan attacks as each party blamed the other and said the other guy's solutions were no better than snake oil. Honest, there was. But was that the same city where Leon E. Panetta, the budget director, announced this week that the Clinton Administration's first real budget would put the deficit at about $190 billion instead of the $302 billion projected by President George Bush, and hardly anybody noticed?
Full Article
Jackson Calls Sexual Abuse Charges 'Totally False'
Date: 23 December 1993
By Bernard Weinraub
Bernard Weinraub
Michael Jackson emerged from seclusion today and, fighting back tears, told a television audience that accusations that he had sexually abused a 12-year-old boy were "disgusting" and "totally false." Mr. Jackson also said that the law-enforcement authorities had examined and photographed his body this week as part of their investigation. The boy who accused Mr. Jackson of sexual abuse gave the police a detailed description of the entertainer's body, according to various reports. The description, if accurate, could be significant in verifying the accusations.
Full Article
Tokyo Journal; Silent Empress, Irate Nation (and Contrite Press)
Date: 24 December 1993
By David E. Sanger
David Sanger
Emperor Akihito did not quite call this an "annus horribilis" for Japan's royal family. There have been no divorces -- there has never been one -- no secret tapes, not a hint of scandal. There was even a huge royal wedding, the biggest in three decades, ushering in a brilliant American-educated Crown Princess. But when Emperor Akihito stepped out on the balcony of the Imperial Palace this morning to greet thousands of well-wishers who came to celebrate his 60th birthday, and declared that the year had been "severe," everyone knew he was talking about more than just the economy.
Full Article
FAIRCHILD COMPLETES SALE OF REXNORD STOCK
Date: 24 December 1993
By Bloomberg News
Bloomberg News
The Fairchild Corporation said it had completed the sale of stock in the Rexnord Corporation for $181.9 million. Including proceeds from the sale, Fairchild has more than $250 million in available cash, which the company is considering using to pay down debt. The stock sale caps a series of transactions begun in 1987, when Fairchild, of Chantilly, Va., bought Rexnord Inc. In 1988, Fairchild bought PT Components, and merged the two units. Rexnord, of Milwaukee, was recapitalized in a 1992 initial public offering. (Bloomberg Business News)
Full Article
NEW BUYOUT OFFER FOR AMERICA WEST
Date: 24 December 1993
By Bloomberg News
Bloomberg News
America West Airlines Inc. said yesterday that it had received a new buyout offer of at least $150 million from the Steinhardt Group a day after a similar offer was withdrawn. Steinhardt, based in New York, wants to gain control of not more than 80 percent of the airline's voting stock for an investment that could be as large as $250 million, America West said. America West has been operating under Chapter 11 bankruptcy court protection for more than two years.
Full Article
SHARPER IMAGE'S STOCK SURGES ON HOLIDAY REPORT
Date: 23 December 1993
By Bloomberg News
Bloomberg News
Shares of the Sharper Image Company surged 37 percent yesterday after the retailer, known for selling quirky gadgets and toys, said its holiday sales were beating its projections. "The season has been steadily improving as its draws to a close," Craig Womack, president of Sharper Image, said in a news release. Its stock closed up $1.375, to $5.125. "As long as January remains on plan, we expect to report a substantial earnings gain over last year, in the range of 200 percent to 300 percent," Mr. Womack said. The company sells merchandise in its 76 stores, in department stores, on television shopping programs and through its catalogue.
Full Article
WESTINGHOUSE CUTTING 200 JOBS AT DISTRIBUTION UNIT
Date: 24 December 1993
By Bloomberg News
Bloomberg News
The Westinghouse Electric Corporation said yesterday that it would slash 200 jobs by the end of the month at the Westinghouse Electric Supply Company, or Wesco, a Pittsburgh-based products distribution subsidiary that is up for sale. The unit distributes 50,000 products through 250 locations in North America. Westinghouse said the layoffs had been caused by declining business volume at Wesco. About 7 percent of the unit's 3,000 employees will be let go. Westinghouse is seeking buyers for Wesco and other businesses under a restructuring plan announced in late 1992 to pare debt and liquidate a financial services unit.
Full Article
INVESTMENT GROUP RAISES STAKE IN ROYAL APPLIANCE
Date: 24 December 1993
By Bloomberg News
Bloomberg News
An investment group led by Richmont Capital Partners L.P., a unit of Mary Kay Cosmetics Inc., has raised its stake in the Royal Appliance Manufacturing Company to 9.4 percent from 8.4 percent. Richmont bought about 240,600 shares at $5.91 to $6.71 each for $13.9 million between Nov. 23 and Dec. 23, according to a Schedule 13D filed yesterday with the Securities and Exchange Commission. The group now holds 2.26 million shares in Royal Appliance, a Cleveland-based maker of Dirt Devil vacuum cleaners.
Full Article
ADVANCED COMPUTER SYSTEMS SOLD FOR $25 MILLION
Date: 24 December 1993
By Bloomberg News
Bloomberg News
Banctec Inc., a financial-transaction software company, said yesterday that it had bought Advanced Computer Systems Inc. for $25 million, its third acquisition in three months. Advanced Computer Systems, a privately held Dayton, Ohio, company with annual revenue of $30 million, makes computer programs designed for community banks. Earlier this month Banctec, of Dallas, bought the outstanding shares of Imagesolve International Ltd., a British provider of electronic imaging systems. In October, Banctec said it would buy the Terminal Data Corporation of Moorpark, Calif., a provider of document imaging systems and page-scanning devices.
Full Article
