Boston Globe Prints Apology On Article on Murder Inquiry
Date: 22 February 2001
By Felicity Barringer
Felicity Barringer
Boston Globe prints front-page apology retracting report that investigators believed murders of Profs Half and Susanne Zantop likely resulted from adulterous love affair involving one of victims; says report accurately represented views of anonymous law enforcement officials at time they were interviewed, but that new developments have changed their views (M)
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Nigeria's Press Bounces Back From Military Rule
Date: 21 February 2001
By Norimitsu Onishi
Norimitsu Onishi
Nigeria's newspapers have re-emerged with return to power of civilian government; at least five new papers have joined about 15 major dailies in last year, sealing victory of vibrant culture over military repression and security Nigeria's standing as West Africa's news media capital; photo (S)
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PUBLIC LIVES
Date: 21 February 2001
By James Barron With Jim Rutenberg and Linda Lee
James With
CNN television reporter John King suffers burned retinas, but no permanent damage, apparently while being filmed by NBC camera crew shared by various networks covering Pres Bush's first foreign trip; NBC says lights crew used were set up properly; former Mayor Edward I Koch, being treated for pneumonia at New York City hospital, jokes about his numerous hospital visits; Vogue magazine and Ellen Tracy fashion house hold fete honoring Natasha Richardson, Deborah Norville, Lisa Ling and others; United Way/NFL Partnership Gala honors former football great Y A Tittle; photo (M)
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SYBASE BUYING NEW ERA OF NETWORKS
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Sybase Inc., a maker of database software, agreed to buy New Era of Networks Inc. for about $373 million in stock to acquire New Era's programs for linking incompatible computer systems. Each common share of New Era, known as Neon, will be converted into 0.3878 share of Sybase common stock. That is about $9.50 a share, based on Sybase's closing price of $24.50 today. Neon shareholders would get a premium of about 37 percent; Neon stock last traded today at $6.94, up $1.19, before it was halted on Nasdaq. The shares have fallen about 91 percent in the last year. Sybase, based in Emeryville, Calif., said Neon would broaden its products aimed at doing business over the Internet. Sybase said that it expects the acquisition to be completed in the second quarter and to add to its earnings next year.
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ENERGY EAST BUYING ROCHESTER UTILITY
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Energy East Corp acquires RGS Energy Group Inc for $1.4 billion in cash and stock to add power and natural-gas customers in New York State (S)
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GENERAL MOTORS PLANS TEMPORARY CLOSINGS OF PLANTS
Date: 22 February 2001
By Bloomberg News
Bloomberg News
General Motors Corp plans intermittent closings of 14 plants through mid-June; temporary closings will affect almost half of automaker's 29 plants in North America; also plans to slow assembly at four plants (S)
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WILLIAMS AND KINDER MORGAN IN POWER PLANT DEAL
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Williams Companies, leading natural-gas pipeline operator, agrees to supply fuel for six natural gas-fired power plants being developed by Kinder Morgan Inc and then sell electricity that plants produce (S)
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ASTRAZENECA WINS U.S. APPROVAL FOR ULCER DRUG
Date: 22 February 2001
By Bloomberg News
Bloomberg News
AstraZeneca says American regulators agreed to allow company to promote its new ulcer medicine Nexium as a better alternative to Losec, which is sold as Prilosec in US (S)
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KELLOGG CONCEDES TOP SPOT TO GENERAL MILLS
Date: 22 February 2001
By Bloomberg News
Bloomberg News
Kellogg Co chairman and chief executive, Carlos Gutierrez, says company is relinquishing its spot as biggest American cereal company after decades of holding off General Mills; Kellogg has focused on volume rather than revenue, offering coupons and other discounts to retain its top spot based on pounds; Gutierrez says it is willing to fall behind General Mills if it will help bolster Kellogg's profit (S)
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IMAX CUTTING 13% OF ITS JOBS AS ORDERS SLOW
Date: 21 February 2001
By Bloomberg News
Bloomberg News
Imax Corp, maker of big-screen projection systems, is eliminating 130 jobs, about 13 percent of its work force, to cut costs as orders from customers slow and earnings decline; will consolidate its sound and projection systems manufacturing at its headquarters in Mississauga, Ont (S)
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