Quarterly Profit Falls 14% at News Corporation
Date: 17 August 2000
By Geraldine Fabrikant
Geraldine Fabrikant
News Corp says after-tax profit for fourth quarter fell 14 percent; profit before extraordinary items was $184 million compared with $214 million in year-earlier period; revenue in quarter ended June 30 rose 18 percent, to $3.9 billion (S)
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Instant Aeries For TV's Eyes
Date: 17 August 2000
By Peter Marks
Peter Marks
Design Notebook column on designs of television network skyboxes at Democratic National Convention in Los Angeles; boxes, formerly little more than spartan caves, have undergone radical transformation, from procedural forum to multimedia spectacle; photos (M)
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Metro Matters; Counterpoint To Pretensions Of Tolerance
Date: 17 August 2000
By Joyce Purnick
Joyce Purnick
Joyce Purnick Metro Matters column discusses editorial written in Amsterdam News, oldest black weekly in New York City, by editor emeritus Wilbert A Tatum that stated that Al Gore selected Sen Joseph Lieberman as his running mate to attract Jewish money; contends that rehashing of old prejudices by editorial should not be ignored (M)
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The Big City; The Apple And the Sins Of Journalists
Date: 18 August 2000
By John Tierney
John Tierney
John Tierney The Big City column on inaccuratge, misleading and sometimes sensational reporting about supposed dangers of pesticides in produce consumed by Americans; notes that John Stossell has apologized for erroneous report on ABC, and contrasts refusal of CBS and Ed Bradley to correct erroneous 1989 report on Alar-treated apples, which cost apple growers more than $100 million(M)
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SINGAPORE PHONE TO WELCOME FOREIGNERS
Date: 18 August 2000
By Bloomberg News
Bloomberg News
Singapore Telecommunications Ltd plans to lift restrictions for foreign shareholders and open itself to investors to help it expand outside of Singapore; company is 75 percent-owned by Singapore government (S)
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GENESEE NEGOTIATES BREWERY SALE TO MANAGEMENT
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Genesee Corp, brewer of Genesee beer, decides to negotiate exclusively with its management to sell its Genesee Brewing unit (S)
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DIAL SPENDS $116.8 MILLION ON 3 BUSINESSES
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Dial Corp paid $116.8 million to buy three businesses in second quarter; company bought Procter & Gamble Co's Coast soap business and purchased Zout stain remover from undisclosed seller; purchase prices were not previously disclosed; Dial also completed its acquisition of Revlon Inc's Plusbelle hair-care business in Argentina for $46.5 million (S)
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MEAD TO CLOSE PLANTS AND ELIMINATE 330 JOBS
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Mead Corp, biggest maker of school notebooks, will close plants in Michigan and Indiana, eliminating 330 jobs to cut costs (S)
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AON IS BUYING ACCIDENT AND HEALTH UNIT FROM RELIANCE
Date: 18 August 2000
By Bloomberg News
Bloomberg News
Reliance Group Holdings, controlled by financier Saul P Steinberg, sells its accident and health business to unit of Aon Corp; sale price is still to be negotiated (S)
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SCHERING-PLOUGH GETS 6 MONTHS OF CLARITIN EXCLUSIVITY
Date: 17 August 2000
By Bloomberg News
Bloomberg News
Schering-Plough Corp wins extra six months of exclusive US sales of its biggest product, Claritin allergy drug, by conducting research on how medicine works in children; Food and Drug Administration rewards companies for conducting pediatric studies by keeping generic competitors off market for six more months; key Schering-Plough patent on Claritin could expire in June 2002 (S)
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