ABC Says It Is Dropping Plans For Stone Special on Flight 800
Date: 07 November 1998
By Lawrie Mifflin
Lawrie Mifflin
ABC television execs, citing potential for confusion among viewers between 'fact-based entertainment and hard news,' say that network dropped plan to broadcast prime-time special, produced by film maker Oliver Stone, about theory that long-range missiles caused crash of Trans World Airlines Flight 800 off Long Island; decision comes after several ABC journalists express their dismay to their superiors about proposed program, called 'Oliver Stone Declassified,' fearing that viewers woiuld perceive it as an ABC News report (S)
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Journal; Dewey Defeats Truman
Date: 07 November 1998
By Frank Rich
Frank Rich
Frank Rich Op-Ed column observes that Newt Gingrich is no fool to blame news media for his party's disastrous election showing, since only the press is more despised than he is; also refers to Sally Quinn's explanation of why Washington Establishment is so outraged by Bill Clinton and public's refusal to dump him; says Quinn comment is such a vivid illustration of Beltway disconnect that it has become object of ferocious ridicule on C-Span, and instant camp classic on Internet (M)
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SOFTBANK EXPANDS ITS STAKE IN BUYCOMP.COM BY 9.9%
Date: 07 November 1998
By Bloomberg News
Bloomberg News
Softbank Corp purchases 9.9 percent of Buycomp.com for $40 million (S)
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AIRTOUCH AND NORTHERN TELECOM ARE IN LOS ANGELES DEAL
Date: 07 November 1998
By Bloomberg News
Bloomberg News
Airtouch Communications Inc will replace its Los Angeles wireless phone system built by Motorola Inc with equipment from Northern Telecom Ltd; financial terms undisclosed (S)
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FERTILIZER COMPANY SAYS IT WILL ELIMINATE 530 JOBS
Date: 06 November 1998
By Bloomberg News
Bloomberg News
IMC Global Inc will cut 530 jobs, or about 5.9 percent of its work force, as part of drive to reduce costs, increase profit and accelerate growth (S)
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USX-U.S. STEEL OFFERS EARLY RETIREMENT TO 540
Date: 07 November 1998
By Bloomberg News
Bloomberg News
USX-US Steel Group Inc offers early retirement to 540 managers and nonunion employees, or 12 percent of its salaried work force (S)
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MEDTRONIC TO BUY 3.5% STAKE IN MINIMED FOR $30 MILLION
Date: 07 November 1998
By Bloomberg News
Bloomberg News
Medtronic Inc is buying 3.5 percent stake in Minimed Inc in two phases for $30 million (S)
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UNION PACIFIC SELLS SKYWAY FREIGHT UNIT TO GENSTAR
Date: 06 November 1998
By Bloomberg News
Bloomberg News
Union Pacific Corp sells its Skyway Freight Systems unit to Genstar Capital LLC for undisclosed amount (S)
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BANKAMERICA CUTTING UP TO 150 JOBS AT FUTURES BUSINESS
Date: 06 November 1998
By Bloomberg News
Bloomberg News
BankAmerica Corp to cut between 140 and 150 brokers in its exchange-traded futures business (S)
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ALLIANT TECHSYSTEMS TO BUY BACK UP TO 23% OF ITS STOCK
Date: 07 November 1998
By Bloomberg News
Bloomberg News
Alliant Techsystems Inc will buy back as many as 2.89 million shares, or 23 percent of its common stock, in Dutch tender offer (S)
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