Відтворення понеділок, 12 квітня 1993 р.

G.E. Says NBC Isn't Up for Sale

Date: 13 April 1993

By Bill Carter

Bill Carter

After nearly two years of speculation about a possible sale of NBC, John F. Welch, the chairman of the General Electric Company, told staff members of NBC News yesterday that the network was not for sale. The announcement was intended to stanch rumors of an impending sale that have dogged NBC, a division of G.E., and have contributed to a steep decline in morale among employees. Robert C. Wright, the president of NBC, said, "This was General Electric saying: 'We're in this for the long haul.' "

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Bonilla Goal: Stop the Press

Date: 12 April 1993

The continuing Mets saga that General Manager Al Harazin calls "soap opera baseball" paused for a literary moment yesterday. Bobby Bonilla, saying he was concerned with "the integrity of the sport," explained why he threatened a Daily News reporter in the locker room after Saturday's game.

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Press Freedom Cited by Pole in U.S. Court

Date: 12 April 1993

By Joseph P. Fried

Joseph Fried

As a journalist in Poland in the 1980's, Andrzej Krajewski recalls, he evaded demands by the Communist regime's secret police to reveal the sources of the American and Japanese correspondents he worked with. Now, he says, he is waging another battle for journalistic integrity -- in the United States. Mr. Krajewski, a Polish citizen, is now a United States correspondent for the television network run by the post-Communist Polish Government. He is resisting a Federal subpoena for tape recordings of interviews he conducted in New York City with an American defendant in an arms-smuggling case in Brooklyn in which five Polish citizens face trial.

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Lifetime Spurns Abbey Plan

Date: 13 April 1993

By Bloomberg News

Bloomberg News

The Lifetime Corporation today sharply rejected a move by its uninvited suitor, Abbey Healthcare Group Inc., to replace Lifetime's chairman with a director of its own choice and said that it was still looking for a buyer for all or part of the company. In a statement, Lifeline dismissed an effort by Timothy M. Aitken, Abbey's chairman and chief executive, to elect a Lifetime director as "another example of his unwillingness to offer Lifetime shareholders a full and fair price for their company."

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HILLENBRAND IN TALKS TO SELL AMERICAN TOURISTER

Date: 13 April 1993

By Bloomberg News

Bloomberg News

Hillenbrand Industries said yesterday that it was in talks to sell its American Tourister luggage-making unit. Hillenbrand declined to name the potential buyer or the asking price. The company, based in Batesville, Ind., said that it had retained Morgan Stanley & Company to help evaluate options. Analysts said they expected the company to complete a sale within two months. American Tourister had about $100 million in sales last year, about 7 percent of Hillenbrand's $1.43 billion total. The unit has been hurt by weak business travel and sluggish consumer spending.

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UAL TO SELL AIR WISCONSIN'S TURBOPROP BUSINESS

Date: 13 April 1993

By Bloomberg News

Bloomberg News

The UAL Corporation, the parent of United Airlines, said yesterday that it had reached a tentative agreement to sell its Air Wisconsin unit's turboprop airline business to Hulas Kanodia, owner of Trans States Airlines. Terms of the sale were not disclosed. United expects to close the transaction by Sept. 1.

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Fiber Optics For Japan

Date: 13 April 1993

By Bloomberg News

Bloomberg News

The Nippon Telegraph and Telephone Corporation, Japan's largest company, will spend almost $400 billion in the next 22 years to tie every piece of communications equipment in Japan to an optical fiber network, the company said last week. Optical fibers transmit data using light, with greater speed, quantity and quality than conventional phone lines do. Moving video images and still pictures can also be transmitted easily, giving the network broad potential for the new media applications that electronics companies envision for the next century.

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India Inflation Slows

Date: 13 April 1993

By Bloomberg News

Bloomberg News

India's inflation rate, as measured by the wholesale price index, dropped to 6.75 percent on an annual basis at the end of March from 13.6 percent a year earlier, the Government said today.

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Price Rise at Enquirer

Date: 12 April 1993

By Bloomberg News

Bloomberg News

It will soon cost more for inquiring minds to read about Elvis's amazing alien diet plan. Enquirer/Star Group Inc. is increasing the prices of two of its sensationalistic publications -- The National Enquirer and Star -- to $1.25 from 99 cents. The price increase will take effect with the May 25 issues. The company will undertake a $20 million television advertising campaign to support the price increases.

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Japan Details Stimulus Plan

Date: 13 April 1993

By Bloomberg News

Bloomberg News

The Liberal Democratic Party released details of a $117 billion economic stimulus plan today. In a summary, the ruling party cited the recent rise in the yen, the sluggish Japanese and United States economies and Japan's growing trade surplus as reasons for the plan. The package empashizes what the party called the "three E's": education, electronics and ecology.

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