Palestinians Protest to CBS News Over a Report on the West Bank
Date: 06 January 1998
By Lawrie Mifflin
Lawrie Mifflin
Palestinian Authority bars CBS News from access to officials or territories under its control to protest report on 60 Minutes news program on December 7 which allegedly failed to follow up on information provided by Authority about supposed complicity of Israeli officials in monopolies controlling sale of certain goods in parts of West Bank under Palestinian control (S)
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Hartford Courant Picks Philadelphian As Top Editor
Date: 06 January 1998
Hartford Courant names Brian P Toolan, managing editor at The Philadelphia Daily News, as its editor and vice president (M)
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AMPAL-AMERICAN ENTERING MOTOROLA ISRAEL VENTURE
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Ampal-American Israel Corporation to buy a one-third interest in Motorola Israel, Motorola's wireless-communications business in Israel, for $110 million; acquisition is springboard for other telecommunications and high-technology investments (S)
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2 LARGE MAKERS OF FACTORY-BUILT HOMES TO COMBINE
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Oakwood Homes Corporation to buy Schult Homes Corporation for $22.50 a share, or $101 million (S)
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SARA LEE SELLING 9 PLANTS TO NATIONAL TEXTILES
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Sara Lee Corporation to sell nine United States yarn and textile plants to National Textiles LLC, Winston-Salem, NC, as part of a plan to focus on selling brands like Hanes underwear instead of making them; analysts say sale price is $450 million; Sara Lee's 3,865 plant workers will be hired by National Textiles, which is expected to be key Sara Lee supplier (S)
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MOODY'S GIVES FORD MOTOR A NEGATIVE RATINGS OUTLOOK
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Moody's Investors Service changes its outlook for Ford Motor Company to negative from stable because of factors that include weaker than expected auto markets in Asia and Latin America, as well as increased competition in Europe and North America (S)
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Corporate Name For Stadium
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Jefferson County, Colo, school officials approve plan to sell name of county stadium to US West Communications Group for $2 million over 10 years (S)
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Metro Business; Utility Sets Tests at Plant
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Northeast Utilities technicians will conduct tests on containment building of Millstone 3 to see if its idled nuclear reactor can be restarted (S)
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Biggest Malaysian Bank Raising Interest Rate
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Malayan Banking Bhd, Malaysia's largest bank, says it will raise its base lending rate to 10.35 percent, from 10.25 percent; another bank, Standard Chartered Bank Malaysia Bhd also says it will raise its base lending rate; other banks are expected to follow lead (S)
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Dutch Grocery Chain Is Expanding in China
Date: 06 January 1998
By Bloomberg News
Bloomberg News
Royal Ahold NV, Dutch food retailer, says its 50-50 Chinese joint venture in Shanghai, Zhonghui Supermarkets Co, has acquired 22 supermarkets of the Yaohan Liancheng Supermarkets Company, making Ahold the No. 1 foreign operator of supermarkets in China (S)
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