Il 18 giugno 1994 era una sabato sotto il segno zodiacale del ♊. Era il 168 ° giorno dell'anno. Il presidente degli Stati Uniti era William J. (Bill) Clinton.
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18th of June 1994 News
Notizie come è apparso sulla prima pagina del New York Times il 18 giugno 1994
Man in the News; Rail Union's Hard Bargainer: Edward Yule Jr.
Date: 19 June 1994
By Peter Marks
Peter Marks
In a 40-year career with the Long Island Rail Road that has taken him from lowly ticket clerk to unchallenged leader of the largest union for the nation's busiest commuter rail line, Edward Yule Jr. has always known how to find the inside track. It was a talent his friend of three decades, Bill McAllister, discovered about him on the first day they met, in the railroad's medical office in Jamaica, Queens, where both wound up one day in 1962. Mr. McAllister, freshly hired for the freight department, and Mr. Yule, newly transferred to the unit, were among nine employees scheduled for physicals that day. But only Mr. Yule knew that seniority in the unit would be dictated by the order in which the physicals were given.
Full Article
Television, Meet Life. Life, Meet TV.
Date: 19 June 1994
By Walter Goodman
Walter Goodman
WHAT made the episode so real was its departure from television's professionally crafted reality. Fans of the so-called reality-based shows are accustomed to having the facts laid out for them, with the help of close-ups, music, re-enactments, whatever it takes. If there's a police chase, you know what to expect. Whether it ends in a shootout or a crash or a surrender, you can count on being in on every moment of it, in the best seat in the house, kissing distance of the perpetrator or protagonist. For about two hours on Friday night, we were really there, yet always at a considerable remove. The competing realities of other network programming disappeared, leaving us with the dreamlike reality of a car chase in slow motion. Instead of a chase, there was a stately procession along Los Angeles freeways: the white Bronco containing, we were told, O.J. Simpson, American icon and accused murderer, holding a gun, perhaps, or maybe it was only a cellular telephone, was followed at a careful distance by half a dozen police cars we could see and who knows how many in that other, off-camera reality. They were not moving very fast or doing anything daring.
Full Article
POLL FINDS A LACK OF FAITH IN POLICE
Date: 19 June 1994
By Clifford Krauss
Clifford Krauss
New Yorkers express anxiety about the Police Department's ability to protect them, and many say there is widespread corruption in the force, according to a New York Times/WCBS-TV News Poll. The survey and follow-up interviews suggest a serious lack of confidence in the department because of a fear of crime and concern over revelations of corruption in several precincts.
Full Article
The Press as Power Broker
Date: 18 June 1994
By Mitch McConnell
Mitch McConnell
In political campaigns, paid advertisements are speech amplifiers -- the only practical way for candidates to speak directly to large numbers of voters. That is why the Supreme Court ruled, in Buckley v. Valeo (1976), that involuntary spending limits are an unconstitutional infringement of free speech. Now, in the name of campaign reform, the Senate and House have both passed "voluntary" spending limits for Congressional campaigns. But while they aim to equalize spending between candidates, these limits would distort the political process, creating a whole new set of power brokers -- including, perhaps not coincidentally, some of the loudest cheerleaders for the new spending limits: America's largest newspapers.
Full Article
Beached
Date: 19 June 1994
By Maureen Dowd
Maureen Dowd
It was cold and rainy as the Normandy invasion started, and nothing was going as planned. As we hit the beaches, Helen Thomas was in the lead, charging off the aircraft carrier George Washington with toothbrush and tape recorder. Sam Donaldson provided air cover in a Chinook helicopter hovering over the English Channel. "General Hillary," as a British paper dubbed her, arrived on the field of battle with her hairdresser, Sylvan.
Full Article
Meridian Bancorp Deal
Date: 18 June 1994
By Bloomberg News
Bloomberg News
Meridian Bancorp said today that it had agreed to buy 29 branches of the failed Security Federal Savings Bank from the Resolution Trust Corporation.
Full Article
FHP COMPLETES $1.1 BILLION TAKEOVER OF TAKECARE
Date: 18 June 1994
By Bloomberg News
Bloomberg News
The FHP International Corporation said yesterday that it had completed its $1.1 billion acquisition of Takecare Inc., making it one of the largest health maintenance organizations in the country. The company also announced the formation of three divisions to cover 1.7 million people in 11 states, mostly in the West and Southwest. FHP said it expects to generate annual revenue of about $3 billion. The three new operating groups are health care delivery, consisting of company-owned facilities like hospitals, pharmacies and laboratories; health plans, which contract with independent physicians, medical groups, hospitals and pharmacies, and insurance, which includes FHP's indemnity, life and health insurance companies and workers' compensation unit.
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OMEGA HEALTHCARE AGREES TO ADD HEALTH EQUITY
Date: 18 June 1994
By Bloomberg News
Bloomberg News
Omega Healthcare Investors Inc. said yesterday that it had agreed to acquire Health Equity Properties Inc. for about $146 million in common stock, creating one of the nation's largest health care real estate investment trusts. Under the agreement, Health Equity shareholders would receive 0.393 share of Omega Healthcare stock for each of their shares. Based on Omega Healthcare's closing stock price yesterday of $25.75, the purchase price is $10.12. Health Equity, based in Winston-Salem, N.C., owns nursing homes. Its shares were unchanged yesterday at $9.75.
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HELICOPTER DIVISION TO CUT WORK FORCE BY 2,200
Date: 18 June 1994
By Bloomberg News
Bloomberg News
The Boeing Company's helicopter division said yesterday that it would cut its work force by a third over two years, in part because the Defense Department had delayed its order of Osprey helicopters. Boeing Helicopters, a division of the Boeing Defense and Space Group, will lay off 2,200 of its 6,800 workers by mid-1996. Deliveries of tandem rotor helicopters to the United States Army will be completed by January 1995, and with the delay of the Osprey pact the company said it must reduce its work force. The Opsrey, scheduled to begin production in 1996, was delayed until 1997 by the Defense Department, a company spokeswoman, Madelyn Bush, said. Boeing shares fell $1.50 yesterday, to $48.375, on the New York Stock Exchange.
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SOVEREIGN BANCORP SIGNS PACT TO BUY CHARTER FSC
Date: 18 June 1994
By Bloomberg News
Bloomberg News
Sovereign Bancorp signed a definitive agreement yesterday to buy Charter FSC Bancorp Inc. for $75 million in stock. Each Charter shareholder will get 3.4 shares of Sovereign stock, as long as Sovereign's shares remain between $9.25 and $12.25 a share. Sovereign Bancorp shares were unchanged yesterday at $10.875 in Nasdaq trading, making the transaction worth $36.99 a share. Charter, based in Randolph, N.J., was up 50 cents at $33.25. Either company may stop the merger if Sovereign shares rise higher than $13.25 or go lower than $8.25. After the completion of the purchases of Charter and two other pending deals, Sovereign will have 115 community bank branches in southeastern Pennsylvania and central and northern New Jersey.
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