World Business Briefing | Europe: Britain: A Loss At Reuters
Date: 24 July 2002
By Bloomberg News
Bloomberg News
Reuters Group posts its first loss as public company; net loss for six months through June was 73 million pounds ($114 million) compared to net income of 269 million pounds year earlier; revenue fell 5.3 percent, to 1.84 billion pounds; chief executive Tom Glocer comments; photo (S)
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Columbia President, Rethinking Journalism School's Mission, Suspends Search for New Dean
Date: 24 July 2002
By Karen W. Arenson
Karen Arenson
New Columbia University president Lee C Bollinger suspends search for dean for Graduate School of Journalism, saying school needs to rethink mission and curriculum, and place less emphasis on teaching skills like reporting and editing; Bollinger wants school to be more academic and delve more into substantive issues in area of communications and free press; his photo (M)
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Worry Voiced Over Comments On Journalism At Columbia
Date: 25 July 2002
By Felicity Barringer
Felicity Barringer
Blizzard of worried and angry e-mail messages and phone calls greet Columbia University administrators after university president, Lee C Bollinger, asserts that Graduate Schoool of Journalism needs to rethink its mission before appointing new dean (M)
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Preserving the Jury's Privacy
Date: 24 July 2002
By Barbara A. Babcock
Barbara Babcock
Prof Barbara A Babcock Op-Ed article expresses concerns about cameras in courtrooms (S)
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A Fresh Start, and a Visor, For the Redskins' Spurrier
Date: 24 July 2002
By Judy Battista
Judy Battista
Washington Redskins open training camp, with new head coach Steve Spurrier uncharacteristically relaxed under close watch of media; photo (M)
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2 Key Figures Try to Ally in Tense New AOL Time Warner
Date: 24 July 2002
By Jim Rutenberg and Bill Carter
Jim Rutenberg
Jeff Bewkes and Jamie Kellner, key figures in AOL Time Warner corporate reorganization, meet at Bewkes's Connecticut home to work out their differences; Kellner will be reporting to Bewkes, executive who only last week was one of his equals; relationship between executives is one that entertainment industry will be watching with special interest; Kellner controls division that is among AOL Time Warner's top revenue generators; Bewkes will be judged in part on how well he meshes Kellner's properties, including CNN, TNT, TBS, Cartoon Network and WB network, with AOL Time Warner's properties, mainly Warner Brothers television studio and HBO channels; photo (M)
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ABBOTT LABORATORIES' THYROID DRUG IS APPROVED
Date: 25 July 2002
By Bloomberg News
Bloomberg News
Abbott Laboratories wins Food and Drug Administration approval to keep selling its drug Synthroid, taken by about eight million people in US for thyroid disorders; drug has been on market for more than 40 years (S)
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DUPONT TO ACQUIRE CHEMFIRST FOR $408 MILLION
Date: 24 July 2002
By Bloomberg News
Bloomberg News
DuPont Co agrees to buy ChemFirst Corp for $408 million (S)
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CREDIT RATING OF WILLIAMS COMPANIES REDUCED TO JUNK
Date: 24 July 2002
By Bloomberg News
Bloomberg News
The credit rating of the Williams Companies, a leading pipeline concern, was reduced to BB, or junk status, by Standard & Poor's because less cash is available to the company. The senior unsecured debt was lowered two levels from BBB-, S.& P. said. Williams's failure to renew its $2.2 billion revolving loan is ''not commensurate with an investment-grade rating,'' S. &P. said. The drop in Williams's stock price, along with a cut in its dividend, reduces the company's ability to sell shares to raise cash and pay off debt, S.& P. said.
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FIDELITY NATIONAL INFORMATION TO BUY FACTUAL DATA
Date: 25 July 2002
By Bloomberg News
Bloomberg News
Fidelity National Information Solutions Inc, provider of data and software to real estate and mortgage companies, acquires rival Factual Data Corp for about $84 million in stock and cash (S)
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