After a Suicide, Questions on Lurid TV News
Date: 02 May 1998
By James Sterngold
James Sterngold
Live television coverage by Los Angeles stations of distraught man in armed standoff with police turns into horrific spectacle when man sets himself and his dog on fire and then kills himself with shotgun, all on camera; lurid scene, in middle of afternoon children's programming, sets off debate about journalistic ethics; 40-year-old Daniel V Jones, apparently angry at health maintenance organization, had stopped his pickup truck on freeway and unfurled banner proclaiming anger at HMOs; photo; KNBC apologizes after angry calls from parents; several other stations also carried portions of event live; Los Angeles is considered most competitive television news market in country; Jones' sister reportedly says brother believed he was not getting adequate treatment for HIV (M)
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Rejecting Petitions, F.C.C. Supports TV News as Free Speech
Date: 03 May 1998
By James Brooke
James Brooke
Federal Communications Commission rejects petition by Rocky Mountain Media Watch to withdraw licenses of Denver's four largest local television stations because of their stress on violence in news shows; holds journalistic discretion in presentation of news is core concept of free press guarantee; television industry officials hail ruling (M)
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Ideas & Trends: Media Glamourfest; The Dinner, the Heartburn
Date: 03 May 1998
By Felicity Barringer
Felicity Barringer
White House Correspondents Dinner has become celebrity fest, and some in media and in public are uncomfortable at site of members of White House Press corp on display celebrating their own celebrity; photo (M)
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Journal; Coming to You Dead From L.A.
Date: 02 May 1998
By Frank Rich
Frank Rich
Frank Rich Op-Ed column on television outrages like Jerry Springer show and live coverage of man setting himself on fire on Los Angeles freeway, in midst of children's programming; says only way television news will turn away from mindless violence is if public overcomes its own addiction and that, until then, television is all too happy to risk occasional opprobrium in exchange for handsome profits (M)
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The Children of the Glum
Date: 02 May 1998
Editorial on life styles and attitudes of American teen-agers, as seen through New York Times/CBS Poll; reports that staggering two-thirds say television is their most constant companiion, but most also say they believe in God and usually have dinner with their families; says responses suggest that world is better place than we adults suspect, that this generation's lives will be happier than we can know, and that we have done more for them than we think
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HUGHES IS RAISING STAKE IN PANAMSAT TO 81%
Date: 02 May 1998
By Bloomberg News
Bloomberg News
Hughes Electronics Corp to buy 14.1 million shares of Panamsat Corp, including 11.2 million shares from Grupo Televisa SA and 2.9 million from group of Panamsat's founding shareholders, for $846 million, raising its stake in company to 81 percent from 71.5 percent (S)
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BEACON CAPITAL MAKES FIRST PROPERTY ACQUISITION
Date: 02 May 1998
By Bloomberg News
Bloomberg News
Beacon Capital Partners Inc, newly formed real estate investment trust, acquires 11 East Cambridge, Mass, commercial properties for $195 million (S)
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ANCHOR FINANCIAL ACQUIRING ANOTHER SMALLER RIVAL
Date: 02 May 1998
By Bloomberg News
Bloomberg News
Anchor Financial Corp to buy M&M Financial Corp for $35.5 million in stock (S)
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BROWN & SHARPE AGAIN REJECTS THERMO OPTEK OVERTURE
Date: 02 May 1998
By Bloomberg News
Bloomberg News
Brown & Sharpe Manufacturing Co, which recently rejected offer from Thermo Electron Corp's Thermo Optek Corp, says it is not for sale; Thermo Optek weighs new bid (S)
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Seoul Ready to Close Two Securities Firms
Date: 02 May 1998
By Bloomberg News
Bloomberg News
South Korean Government is poised to shut Dongsuh Securities Co and Coryo Investment & Securities Co to underscore its determination to bolster foreign investors' confidence in nation's debt-ridden financial industry (S)
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