Television/Radio; Fighting to Balance Honor and Profit On the Local News
Date: 30 September 2001
By Samuel G. Freedman
Samuel Freedman
Samuel G Freedman article on Local News, 5-hour PBS documentary about WCNC, television station in North Carolina; photo (M)
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Plan to Watch Italy Chief's News Media
Date: 29 September 2001
By Melinda Henneberger
Melinda Henneberger
Long-awaited plan for monitoring Italian Prime Min Silvio Berlusconi's inherent conflicts of interest between his political office and ownership of news media amounts to having parliamentary leaders from his own coalition name watchdog group that will report back to parliament; even Berlusconi allies concede plan's limitations (S)
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Editors' Note; COMING ON SUNDAY/THE FEAR ECONOMY
Date: 29 September 2001
Sunday Magazine articles noted; cover photo
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PRAECIS PHARMACEUTICALS ENDS TESTS OF PAIN DRUG
Date: 29 September 2001
By Bloomberg News
Bloomberg News
Praecis Pharmaceuticals Inc says it will not proceed with trials of drug for chronic back pain after test fails to show it worked (S)
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GENESIS MICROCHIP TO BUY RIVAL FOR $241 MILLION
Date: 29 September 2001
By Bloomberg News
Bloomberg News
Genesis Microchip Inc says it agreed to buy rival, Sage Inc, for $241 million in stock to bolster its portfolio of semiconductors used in flat-panel computer screens (S)
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MANDALAY, CASINO CONCERN, SEES INCOME DECLINE
Date: 29 September 2001
By Bloomberg News
Bloomberg News
Mandalay Resort Group, owner of Luxor and Circus Circus casinos in Las Vegas, says fiscal third-quarter earnings will fall significantly short of last year's and that it would cut 15 percent of its Nevada staff, or 4,300 people; travel to Las Vegas has fallen in wake of terrorist attacks on United States (S)
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World Business Briefing | Asia: India: Faster Growth Seen
Date: 29 September 2001
By Bloomberg News
Bloomberg News
India's economy expands at annual pace of 4.4 percent in quarter ended June 30, stronger than expected (S)
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World Business Briefing | Europe: France: Rejection Seen For Merger
Date: 29 September 2001
By Bloomberg News
Bloomberg News
Schneider Electric SA says European antitrust regulators are recommending that European Commission reject its $6 billion purchase of Legard SA, which was completed in July; analysts say Schneider may have to sell Legrand, or parts of it, at loss (S)
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Praxair to Cut About 900 Jobs
Date: 29 September 2001
By Bloomberg News
Bloomberg News
Praxair Inc says it will cut close to 900 jobs and miss fourth-quarter profit forecasts; says it will take third-quarter pretax charge of $65 million to $70 million for reductions and write off some assets (S)
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Sales of New Municipal Bonds Up 37%
Date: 29 September 2001
By Bloomberg News
Bloomberg News
Thomson Financial Securities Data reports municipal bond issuance rose 37 percent in third quarter, as falling interest rates encourage states, cities and other governments to refinance; sales of new municipal bonds are $191 billion in quarter from $139 billion year earlier; bonds sold to pay off debt carrying higher interest rates more than double, to $62 billion (S)
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