Wild Rumor, Real News and Credibility
Date: 02 April 1998
By Felicity Barringer
Felicity Barringer
Janny Scott article on television news coverage of Judge Susan Webber Wright's decision to dismiss Paula Corbin Jones's sexual harassment suit against Pres Clinton (M)
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Jones News Gave Networks Little Lift, if Any
Date: 03 April 1998
Dismissal of Paula Corbin Jones's lawsuit against Pres Clinton does not lead to surge in viewing for television news programs (S)
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Many Say They Tuned Out Coverage Long Before Dismissal of Jones Case
Date: 03 April 1998
By Janny Scott
Janny Scott
While news organizations raced to cover what seemed to be end of Paula Corbin Jones sexual harassment case, many people in New Rochelle say that they were paying little attention, having decided weeks ago to tune out broader story of sexual accusations against Pres Clinton (M)
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Fox Gets Deal To Distribute 'Star Wars'
Date: 03 April 1998
By James Sterngold
James Sterngold
George Lucas's movie company, Lucasfilm Ltd, announces that next three films in 'Star Wars' series, one of most powerful franchises ever produced, will be distributed by 20th Century Fox, film division of News Corp; first new 'Star Wars' film, which is currently untitled, is scheduled to be released in May 1999 (S)
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Giuliani Concedes He Could Have Been More Gracious
Date: 02 April 1998
By Dan Barry
Dan Barry
Mayor Rudolph Giuliani tells Stanley Crouch of Daily News that he could have been more gracious when his own task force on police-community relations presented him with final report that he found wanting; says he agrees with 60 to 75 percent of the report's recommendations (M)
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Japan Deregulation Starts Amid Bad News
Date: 02 April 1998
By Bloomberg News
Bloomberg News
Japan enters new era of financial-market deregulation as its fiscal year begins, but opening is overshadowed by chronic economic symptoms; Nissan Motor Co says it will suffer annual loss on its stockholdings in other companies; forecasters say quarterly business-sentiment survey of Japanese central bank will confirm that most companies believe nation's economic problems are worsening; Dai-Ichi Corp files bankruptcy with 37 billion yen in liabilities, or about $277 million, because of falling property values; Nikkei index of 225 issues falls 285.51 points, or 1.73 percent, to 16.241.66 on April 1; stocks tumble 394.51 points more, or 2.43 percent, to 15,847.15 in early trading on April 2; Marubeni Corp, trader of metals, machinery and food, says it will report first annual loss since 1952; Japan's financial-system changes, to be completed by 2001, are aimed at dismantling barriers between banks and other financial companies and reducing regulations that restrict how Japanese can invest their pools of savings; photo (L)
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NORTHERN CALIFORNIA MALL IS SOLD FOR $130 MILLION
Date: 03 April 1998
By Bloomberg News
Bloomberg News
Colony Capital Inc and developer Michael Swerdlow acquire Great Mall of the Bay Area, largest shopping mall in Northern California, for $130 million (S)
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MITCHELL ENERGY AGREES TO BUY 3 PROPERTIES IN TEXAS
Date: 03 April 1998
By Bloomberg News
Bloomberg News
Mitchell Energy and Development Corp agrees to buy three oil- and gas-producing properties in Texas in separate transactions totaling $50 million; Mitchell is buying 67 percent interest in Columbus field unit in southeastern Texas from Occidental Petroleum Corp; other acquisitions noted (S)
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CALPINE IN $110 MILLION DEAL FOR TEXAS POWER COMPANY
Date: 02 April 1998
By Bloomberg News
Bloomberg News
Calpine Corp, power company based in San Jose, Calif, buys remaining half-interest in Texas Cogeneration Co for $110 million from unit of Dominion Resources Inc; says it paid $52.75 million at closing on March 31 and also agreed to make royalty payments to Dominion valued at $56.75 million beginning in 2000 (S)
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INTEGRATED HEALTH SELLS 5 NURSING HOMES TO OMEGA
Date: 02 April 1998
By Bloomberg News
Bloomberg News
Integrated Health Services Inc sells five nursing homes to real estate investment trust Omega Healthcare Investors Inc for $50 million to pay down debt; nursing homes are being leased for 13 years to closely held joint venture Lyric Healthcare LLC, which hired Integrated Health to operate them (S)
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