CONGOLEUM, MAKER OF FLOORING, TO FILE FOR BANKRUPTCY
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Congoleum Corp, maker of sheet and tile flooring, files for bankruptcy protection to erase its current and future asbestos liability; company hopes to emerge from Chapter 11 bankruptcy protection within six months (S)
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HALLIBURTON EXPECTS DECLINE IN 4TH-QUARTER EARNINGS
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Halliburton Co predicts decline in fourth-quarter earnings because of slowdown in oil and natural gas drilling (S)
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WAL-MART REPORTS RISE IN SALES AND MAINTAINS FORECAST
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Wal-Mart Stores Inc says sales last week at stores open at least one year rose within expectations for 3 percent to 5 percent monthly increase and maintains its forecast for January gain of 2 percent to 4 percent (S)
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D&B PLANS TO CUT 550 JOBS, OR 7% OF WORK FORCE
Date: 14 January 2003
By Bloomberg News
Bloomberg News
D&B, provider of business information once known as Dun & Bradstreet, plans to cut 550 jobs, or about 7.1 percent of its work force, by July to reduce costs; is in talks to sell its European headquarters in Britain; European unit president Bruno de la Riviere resigns (S)
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APACHE SAYS IT IS BUYING OIL AND GAS RESERVES FROM BP
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Apache Corp agrees to buy oil and natural gas reserves in North Sea and Gulf of Mexico from BP for $1.3 billion in cash (S)
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News That Travels Well
Date: 13 January 2003
By Jihad Fakhreddine
Jihad Fakhreddine
Op-Ed article by Jihad Fakhreddine says Arabs' access to news from West is constantly becoming more free; says Radio Sawa, which is Washington-financed, is transmitted through FM and AM frequencies in many Arab cities, fact made more significant because it is carried by state-owned satellites; says it reaches one-third of homes in Saudi Arabia and 10 percent of all households in Egypt; says Saudi Arabia has taken biggest steps toward opening up to American press; says in addition to Radio Sawa, CNN, Newsweek and Herald Tribune, there is Al Sharq Al Awsat, newspaper edited in London and carrying reports, news analysis and opinion columns from major American newspapers; concludes that growing acceptance of American news is positive development that has not been recognized by United States government; drawing (M)
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Chief of CNN Is Departing After 2 Years
Date: 14 January 2003
By Jim Rutenberg
Jim Rutenberg
CNN chairman Walter Isaacson will leave network in spring to become chief executive of Aspen Institute, nonprofit research center specializing in public policy issues; Jim Walton will succeed Isaacson (M)
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Venezuelan League Cancels Its Season
Date: 14 January 2003
By Bloomberg News
Bloomberg News
Venezuela's pro baseball league cancels rest of season because of political unrest and national oil crisis (S)
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NEWS SUMMARY
Date: 14 January 2003
INTERNATIONAL A3-11 U.S. Signals It Will Talk About North Korea Crisis Faced with narrow options for dealing with North Korea and strained ties with South Korea, a senior Bush administration delegation signaled its willingness today to pursue dialogue to resolve the nuclear crisis on the Korean peninsula. A1
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Technology Briefing | Hardware: Radisys Will Cut 17% Of Work Force
Date: 14 January 2003
By Bloomberg News
Bloomberg News
RadiSys Corp will eliminate 108 jobs, or 17 percent of its work force, by selling business and hiring another company to do more manufacturing of its computer equipment (S)
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