Observer; The Great Media Meltdown
Date: 19 September 1998
By Russell Baker
Russell Baker
Russell Baker Op-Ed column holds Washington press corp suffered something akin to road rage in coverage of Monica Lewinsky scandal, producing actions that were foolish, shameful, dangerous to American democracy and destructive to news industry's image; sees undiminished public support for Clinton spurring effort by frustrated media to destroy him (M)
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Blacks Stand by a President Who 'Has Been There for Us'
Date: 19 September 1998
By Kevin Sack
Kevin Sack
Polls taken after release of Kenneth W Starr's report on Pres Clinton's involvement with Monica S Lewinsky find blacks are far more supportive than whites of Pres Clinton and far more opposed to resignation or impeachment; wide range of black Americans say Clinton has connected with minorities, both politically and viscerally, in manner never achieved by previous Presidents, interviews; many cite ease with which he moves in black circles; table of New York Times/CBS New Poll findings (M)
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APACHE IS PLANNING ADDITIONAL ACQUISITIONS
Date: 19 September 1998
By Bloomberg News
Bloomberg News
President Steven Farris says Apache Corp wants to buy another oil and natural-gas exploration company or another company's fields within next year, interview (S)/
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MEDQUIST AGREES TO PURCHASE OF MRC GROUP
Date: 19 September 1998
By Bloomberg News
Bloomberg News
Medquist Inc agrees to buy MRC Group for $229.5 million in stock (S)U
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EARNINGS TO FALL BELOW ANALYSTS' ESTIMATES
Date: 19 September 1998
By Bloomberg News
Bloomberg News
Union Carbide Corp warns its third-quarter earnings will fall below analysts' estimates and as much as 35 percent below second quarter (S)
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VORNADO REALTY TO SPIN OFF $100 MILLION UNIT
Date: 19 September 1998
By Bloomberg News
Bloomberg News
Vornado Realty Trust to spin off to shareholders new Vornado Operating Co, $100 million unit that will hold its non-real estate businesses (S)
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Buyback by Estee Lauder
Date: 19 September 1998
By Bloomberg News
Bloomberg News
Estee Lauder Cos to buy back up to four million class A common shares, about 3.4 percent of common shares outstanding (S)
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Alcatel Considers Plan To Buy Back Shares
Date: 19 September 1998
By Bloomberg News
Bloomberg News
Alcatel SA weighs significant share buyback in wake of sharp stock price drop spurred by warning that it will not meet earnings forecasts (S)
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Sumitomo Settles Copper Lawsuit
Date: 19 September 1998
By Bloomberg News
Bloomberg News
Sumitomo Corp agrees to pay $42.5 million to settle last of class-action claims stemming from trader Yasuo Hamanaka's bid to prop up global copper prices; suit is on behalf of business that bought copper products between Jan 1993 and July 1996 (S)
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UAL President, Pressured by Unions, Quits
Date: 19 September 1998
By Bloomberg News
Bloomberg News
John A Edwardson resigns as UAL Corp president and chief operating officer under pressure from employee-owned company's unions, which oppose his promotion next year to chief executive (S)
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