Broadcast News Service Is Proposed
Date: 04 September 1987
Special to the New York Times
LEAD: In a speech that has stirred disagreement before it has even been delivered, the executive producer of ''60 Minutes'' proposes that the three major television networks trim their operation down to ''an elite corps of newsmen'' and that a television wire service be created to provide coverage of many of the news events now covered separately by the networks.
Full Article
NEWS SUMMARY: THURSDAY, SEPTEMBER 3, 1987
Date: 03 September 1987
LEAD: International A3-12
Full Article
ANTI-SANDINISTAS ASKING TV LICENSES
Date: 03 September 1987
By Stephen Kinzer, Special To the New York Times
Stephen Kinzer
LEAD: Two groups of Nicaraguans say they will seek licenses to operate non-Sandinista television stations under provisions of the new Central American peace accord.
Full Article
Publisher Is Restored in Santa Fe
Date: 03 September 1987
AP
LEAD: The former owner of a Santa Fe newspaper has resumed management of it after winning a nine-year-old lawsuit.
Full Article
SHEARSON IN ASIA
Date: 03 September 1987
LEAD: Shearson Lehman Brothers Holdings Inc. said it was adding $85 million in capital to its Tokyo securities operations to support further growth in Asia. The infusion will lift the capital in Shearson's Tokyo operation to slightly more than $100 million, the company said. Shearson's move exemplifies the trend toward globalization in the securities markets.
Full Article
Lockheed Units
Date: 04 September 1987
Special to the New York Times
LEAD: The Lockheed Corporation, in an effort to cut costs and eventually scale back the size of its aircraft plants, said it would consolidate its three aircraft divisions into a single operating concern based in Burbank, Calif. The three units, two in California and one in Marietta, Ga., accounted for 44 percent of Lockheed's revenues in 1986.
Full Article
General Cinema
Date: 03 September 1987
Special to the New York Times
LEAD: The General Cinema Corporation said it had paid $39 million for 500,000 more shares of Carter Hawley Hale Stores Inc., increasing its interest in the retailer to 49.9 percent, from more than 48 percent. The purchase was General Cinema's last opportunity to maximize its interest in Neiman-Marcus Group Inc., a specialty store company that was spun off from Carter Hawley last week.
Full Article
Insect-Resistant Plant Reported
Date: 03 September 1987
Reuters
LEAD: A Belgian company said it had made an important scientific breakthrough by altering plants genetically so they became poisonous to insects. Plant Genetic Systems of Ghent said its technique could result in a big reduction in the spraying of farm crops with insecticides.
Full Article
U.S. Acquisitions For BICC and Lee
Date: 03 September 1987
Reuters
LEAD: P.L.C., a cable maker, and Lee International P.L.C., a film and television services group, said they had joined the growing list of British companies making American acquisitions.
Full Article