Police, and Mayor, Ignore A Protest on City Hall Steps
Date: 08 December 1998
By Abby Goodnough
Abby Goodnough
Group of City Council members rebel against unusually tight security at City Hall by holding news conference on building's steps, but Mayor Rudolph W Giuliani passes them by without comment; police take no action to stop protest, although news conferences and demonstrations have been banned from the steps since August; demonstrators say ban is attempt by Giuliani to quash participatory government; photo (M)
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KELLSTROM TO BUY SOLAIR UNIT FROM BANNER AEROSPACE
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Kellstrom Industries is buying Banner Aerospace Inc's Solair Inc unit for $57 million in cash (S)
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TORSTAR INCREASES CASH PORTION OF BID FOR SUN MEDIA
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Torstar Corp, poublisher of Toronto Star, increases its offer for Sun Media Corp by 16.6 percent, to $19.34 (Canadian) a share in cash and stock; deal is valued at $908 million (Canadian), or about $592 million (US) (S)
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IN WAKE OF BOEING MOVES, NORTHROP PLANS MORE JOB CUTS
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Northrop Grumman Corp, one of Boeing Co's largest suppliers, will cut additional 1,100 jobs next year as result of Boeing's plan to slash jet production (S)
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Truck-Parts Maker Is Sold
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Meritor Automotive Inc acquires Euclid Industries for undisclosed amount (S)e
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MCI Value Passes AT&T
Date: 08 December 1998
By Bloomberg News
Bloomberg News
MCI Worldcom Inc passes AT&T Corp in stock-market value; MCI Worldcom's market value climbs to $116.77 billion; AT&T's value increases to $113.35 billion (S)
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Sema Gets Olympic Jobs Once Held by I.B.M.
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Sema Group PLC, Europe's second-largest computer services company, wins contract worth up to $300 million to run computer systems for four Winter and Summer Olympic Games from 2002 to 2008, replacing IBM (S)
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Central Bank in Taiwan Cuts Interest Rates Again
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Taiwan's Central Bank of China cuts interest rates for fourth times in five months; rediscount rate is cut to 4.75 percent from 5 percent, and accommodation rate is cut to 5.125 percent from 5.375 percent (S)
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UBS Considering Sale Of Trade Finance Unit
Date: 08 December 1998
By Bloomberg News
Bloomberg News
UBS AG, Swiss banking giant, might sell its trade finance unit to focus on money management and investment banking, which offer higher returns (S)
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FDX Shares Rise 8% on Internet Outlook
Date: 08 December 1998
By Bloomberg News
Bloomberg News
Shares of FDX Corp rise 8 percent on expectations that Federal Express, world's largest overnight delivery business, will benefit as consumers buy more products over the Internet (S)
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