Clinton's Spokesman Will Leave in the Fall
Date: 24 July 1998
By James Bennet
James Bennet
Pres Clinton announces that Michael D McCurry will resign as press secretary this fall; it is seen sign of growing confidence at White House that it is weathering Monica Lewinsky investigation; McCurry will be replaced by Joseph Lockhart; photo (M)
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Cold Pizza Hits the Spot in Japanese Politics
Date: 23 July 1998
By Stephanie Strom
Stephanie Strom
John F Neuffer, political analyst, has described Keizo Obuchi, front-runner to be next Prime Minister of Japan, as having 'all the pizazz of a cold pizza,' prompting spate of cold pizza jokes in Japanese press; Foreign Ministry is not amused, and it has questioned Neuffer's credentials and, by extension, foreign news media's coverage of selection of new Prime Minister to replace Ryutaro Hashimoto; Obuchi has reacted with good humor, distributing pizza pies to reporters waiting outside his home (M)
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World News Briefs; Russian Tax Problem For Johnson & Johnson
Date: 24 July 1998
By Bloomberg News
Bloomberg News
Russian tax authorities say that subsidiary of Johnson & Johnson, world's fifth-largest drug maker, owes them almost $19 million in back taxes and that they have begun criminal cases against two of company's managers (S)
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DELUXE TO CLOSE PRODUCTION AND DISTRIBUTION OUTLETS
Date: 24 July 1998
By Bloomberg News
Bloomberg News
Deluxe Corp, nation's largest check printer, plans to close three facilities in US during coming year, affecting 400 jobs, as it looks to trim costs (S)
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UNITED VIDEO DROPS OFFER FOR GEMSTAR INTERNATIONAL
Date: 23 July 1998
By Bloomberg News
Bloomberg News
United Video Satellite Group Inc drops its $2 billion cash bid for Gemstar International Group Ltd and says it will develop its own interactive program guide for digital cable television (S)
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TLC BEATRICE SELLING EUROPEAN BEVERAGE OPERATIONS
Date: 23 July 1998
By Bloomberg News
Bloomberg News
TLC Beatrice International Holdings will sell its European beverage operations for $44 million in cash and assumed debt; TLC Beatrice will sell its ownership stakes in Winters, Sunco and St Alban beverage companies to group that includes local managers and company affiliated with Almanij-Kredietbank Group of Belgium (S)
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TEL-SAVE IN TALKS TO BE BOUGHT BY AN INTERNET COMPANY
Date: 24 July 1998
By Bloomberg News
Bloomberg News
Tel-Save Holdings Inc is in talks to be acquired by unidentified Internet company (S)
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LUSCAR COAL BIDS FOR MANALTA COAL, A CANADIAN RIVAL
Date: 23 July 1998
By Bloomberg News
Bloomberg News
Luscar Coal Income Fund offers to buy Canadian rival Manalta Coal Income Trust for $543.3 million (Canadian), or $364.3 million (US) (S)
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CAPITAL AUTOMOTIVE TO BUY 67 AUTO DEALER PROPERTIES
Date: 24 July 1998
By Bloomberg News
Bloomberg News
Capital Automotive REIT agrees to buy 67 auto dealership properties for about $334.5 million in cash and partnership units from Automotive Realty Trust of America; terms of purchase are not released (S)
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DIGITAL MICROWAVE BUYING INNOVA TO WIDEN PRODUCT LINE
Date: 24 July 1998
By Bloomberg News
Bloomberg News
Digital Microwave Corp to buy Innova Corp for as much as $120.3 million in stock (S)
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