U.S. Media Policy: Justify Air Assault But Skimp on Detail
Date: 27 March 1999
By Eric Schmitt
Eric Schmitt
Military is seen disclosing few details about bombing of Serbia; even as Pres Clinton's national security advisers flood television airways with interviews to justify NATO's air campaign against Yugoslavia, American military has clammed up on many of most basic details of operation; Pentagon briefers have refused to discuss what pilots are trying to bomb, or whether they have destroyed particular targets; photo of Pentagon spokesman Kenneth H Bacon (M)
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Abroad at Home; Mr. Milosevic's Campaign of Terror
Date: 27 March 1999
By Anthony Lewis
Anthony Lewis
Anthony Lewis Op-Ed column reports that Slobodan Milosevic's forces are spreading terror in Kosovo, burning and shelling villages, driving thousands of ethnic Albanians out of homes and carrying out dozens of assassinations; cites detailed evidence of atrocities, which have not fully registered in outside world because Serb leader has expelled Western journalists and cut off television links (M)
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COSMETIC CENTER TO CLOSE 116 STORES
Date: 27 March 1999
By Bloomberg News
Bloomberg News
Cosmetic Center Inc says it will close 116 of its perfume and cosmetic stores, almost half total number, and dismiss 875 workers (S)
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CONVERGYS TO BECOME SOLE OWNER OF WIZTEC
Date: 27 March 1999
By Bloomberg News
Bloomberg News
Convergys Corp offers to buy 30 percent of Wiztec Solutions Ltd it does not already own for about $54.9 million (S)
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RENT-A-CENTER WARNS OF POSSIBLE DEBT PROBLEMS
Date: 27 March 1999
By Bloomberg News
Bloomberg News
Rent-a-Center Inc says that it may have trouble meeting debt obligations after its acquisition of Thorn PLC's United States rental business; says that as of end of 1998 it owed about $805.7 million under debt agreements (S)
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SCHAWK ABANDONS ATTEMPT TO ACQUIRE WACE GROUP
Date: 27 March 1999
By Bloomberg News
Bloomberg News
Schawk Inc abandons its battle for Wace Group PLC, paving way for Applied Graphics Technologies Inc to acquire Wace for $180.1 million (S)
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ENRON AGREES TO BUY PHILIP SERVICES WATER UNIT
Date: 27 March 1999
By Bloomberg News
Bloomberg News
Enron Corp agrees to buy Philip Utilities Management, water and sewer treatment business controlled by Philip Services Corp, for $107 million in cash and $13 million in assumed debt (S)
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Australia Approves Flu Medication for Sale
Date: 27 March 1999
By Bloomberg News
Bloomberg News
Biota Holdings Ltd and Glaxo Wellcome PLC win approval to sell new flu drug, Relenza, in Australia; Food and Drug Administration panel voted against approving drug for sale there because it said positive findings from two small studies in Europe and Southern Hemisphere were not enough to overcome doubts about drug (S)
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Barclays Is Selling Unit
Date: 27 March 1999
By Bloomberg News
Bloomberg News
British bank Barclays PLC will sell Merck Finck & Co, private German bank, to Kredietbank SA Luxembourgeosie for 500 million marks ($278 million) (S)
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South Korea Sells Stake In State Power Company
Date: 27 March 1999
By Bloomberg News
Bloomberg News
South Korea sells 4.3 percent stake in Korea Electric Power Corp, raising at least $655 million in crucial test of investor confidence in nation's battered economy (S)
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