Home Videotape Becomes Networks' News of the Day
Date: 14 April 2000
By Bill Carter
Bill Carter
Elian Gonzalez story officially moves to level of total media frenzy, with all-news cable channels devoting their entire day's coverage to the situation in Miami, and even three broadcast networks interrupting programs at noon to cover live the news conf of Atty Gen Janet Reno (M)
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Chinese Official Warns Hong Kong Media on Taiwan Coverage
Date: 13 April 2000
By Mark Landler
Mark Landler
Wang Fengchao, senior Chinese official, warns Hong Kong news media not to spread or advocate separatist ideas in its coverage of Taiwan's political transition; Wang's remarks come after Hong Kong television station broadcasts interview with Taiwan's vice president-elect, Annette Lu, in which she said Taiwan should be 'remote relative' of China, remark interpreted by China as sign that she favors independence; Hong Kong's news media have reported both sides of Taiwan story, but Wang's comments indicate China would prefer more pro-China coverage (M)
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For a Suddenly Accessible Bush, Everything Is on the Record
Date: 14 April 2000
By Frank Bruni
Frank Bruni
Gov George W Bush, with Sen John McCain out of running, reaches boldly for mantle of Chattiest Candidate, in what is seen gesture designed to build rapport with reporters (M)
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CREE TO EXPAND OPERATIONS WITH THE PURCHASE OF NITRES
Date: 13 April 2000
By Bloomberg News
Bloomberg News
Cree Research agrees to acquire Nitres Inc for about $211.5 million in stock (S)
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SPECTRASITE PLANS TO EXPAND IN FLORIDA AND CALIFORNIA
Date: 13 April 2000
By Bloomberg News
Bloomberg News
SpectraSite Communications, owner and operator of wireless-communications towers, will buy Lodestar Towers for $170 million in cash to expand its Florida and California operations (S)
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FUNCO ISSUES A DEADLINE FOR BUYOUT OFFER
Date: 14 April 2000
By Bloomberg News
Bloomberg News
Funco gives Electronics Boutique Holdings five days notice to sweeten its $110 million buyout offer, or it will accept higher bid from Barnes & Noble (S)
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MICROSTRATEGY SAYS IT IS UNDER S.E.C. INVESTIGATION
Date: 14 April 2000
By Bloomberg News
Bloomberg News
MicroStrategy Inc says it is under formal investigation by Securities and Exchange Commission about its revenue figures, which it revised last month; changes its earnings results to reflect losses for last three years (S)
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SEPRACOR SHARES UP AFTER LICENSING APPROVAL
Date: 14 April 2000
By Bloomberg News
Bloomberg News
Federal Trade Commission gives clearance to agreement by Sepracor Inc to license to Eli Lilly & Co improved version of Lilly's antidepressant Prozac; FTC action rejects recommendation from its staff lawyers, who argued agreement could undercut generic Prozac competition; action will let Lilly sell Sepracor's version of Prozac, which may have fewer side effects than original, and pay Sepracor royalties; Lilly could introduce new Prozac in 2002, two years before older drug faces generic rivals in US (S)
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VIATEL ACQUIRES STAKE IN TRANS-ATLANTIC CABLE SYSTEM
Date: 13 April 2000
By Bloomberg News
Bloomberg News
Viatel Inc agrees to buy 25 percent stake, valued at $150 million, in trans-Atlantic fiber-optic cable system being built by Level 3 Communications Inc (S)
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BUDGET SELLS FINANCE UNIT AND TWO NEW-CAR DEALERSHIPS
Date: 13 April 2000
By Bloomberg News
Bloomberg News
Budget Group sells finance unit to 1st Source Corp and two new-car dealerships for $70 million; Budget does not disclose buyer of dealerships (S)
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