Daily News Opens a New Front in the Tabloid War; Free Paper Raises Stakes in Battle With Post
Date: 11 September 2000
By Felicity Barringer With Jayson Blair
Felicity With
The Daily News will offer new afternoon newspaper for free, called Express, heating up New York City's long-running tabloid war; New York Post responds by cutting its newsstand price to 25 cents from 50 cents within city limits; observers say intensity of current battle reflects willingness of combatants to incur short- or medium-term losses in pursuit of long-term dominance; high-profile introduction of Express generates guarded excitement among advertisers, who are worried about reader erosion; The News, which had circulation of more than million decade ago, now has circulation of 700,000; photo; map; chart (M)
Full Article
Local TV Uncovered National Scandal
Date: 11 September 2000
By Jim Rutenberg
Jim Rutenberg
Local television news program was first to report on problems involving Firestone tires on Ford Explorers; KHOU-TV in Houston, CBS affiliate, first reported in February that possibly defective tires may have caused number of deaths; Anna Werner, reporter for station, was initially told by National Highway Traffic Safety Administration that it had no significant information about issue; Firestone's initial response was that Werner's report delivered false message; photo (M)
Full Article
Cheney Varnishing a Campaign Style Seen as Wooden
Date: 11 September 2000
By Michael Cooper
Michael Cooper
Dick Cheney, Republican vice presidential candidate, is making some readjustments to combat reputation for woodenness, not unlike that of Vice Pres Al Gore; so-called 'tax families' have become fixture on campaign trail; began popping up after Gov George W Bush acknowledged that he needed to do better job explaining his proposed $1.3 billion tax cut and to counter Al Gore's contentions that cuts would mainly benefit wealthy; Cheney's ready agreement with Bush's vulgarity in describing New York Times reporter Adam Clymer gets its own share of attention in parts of news media; photo (M)
Full Article
GENZYME TO PURCHASE GELTEX PHARMACEUTICALS
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Genzyme Corp acquires GelTex Pharmaceuticals for $1 billion in cash and stock (S)
Full Article
PROCTER & GAMBLE SELLS CHLORASEPTIC TO PRESTIGE
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Procter & Gamble Co sells its Chloraseptic line of sore-throat remedies to Prestige Brands International (S)
Full Article
HUFFY PREDICTS IT WILL SELL 1.5 MILLION SCOOTERS
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Huffy Corp expects to sell at least 1.5 million Micro scooters this year (S)
Full Article
KENNAMETAL TO BUY REMAINDER OF JLK DIRECT DISTRIBUTION
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Kennametal acquires remaining shares of toolmaker JLK Direct Distribution for $37.6 million, a 31 percent increase to Kennametal's prior offer (S)
Full Article
CYBERONICS BOARD REJECTS OFFER FROM MEDTRONIC
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Board of Cyberonics, maker of devices that treat epilepsy, rejects $480 million buyout offer from Medtronic, pacemaker manufacturer (S)
Full Article
CENTEX SAYS 2001 EARNINGS WILL EXCEED ESTIMATES
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Centex Corp, one of largest homebuilders in US, says it expects 2001 earnings per share might be 25 cents to 50 cents above current analysts' estimates (S)
Full Article
MERIDIAN INSURANCE BOARD VOTES TO REJECT HOSTILE BID
Date: 12 September 2000
By Bloomberg News
Bloomberg News
Meridian Insurance Group board rejects hostile $157 million takeover bid from Gregory M Shepard, who owns 1.6 million shares (S)
Full Article