On-Line Giant May Link To CBS News
Date: 05 January 1999
By Bill Carter
Bill Carter
CBS News will announce deal with America Online Inc later this week to become exclusive broadcast news provider for on-line service; when completed, it will mean that CBS will replace ABC News as provider of news in text, video and audio on America Online (M)
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How the U.S. Consumer Feels . . . and How the Economy Is Doing
Date: 04 January 1999
By Robert D. Hershey Jr
Robert
Poll conducted by The New York Times and CBS News in middle of December finds that 85 percent of respondents believe the American economy is in good shape; graphs and maps breaking down responses by geographic area and household income (L)
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Sports of The Times; With 3 Days Left, It's the Real Beginning of the End for the N.B.A.
Date: 04 January 1999
By William C. Rhoden
William Rhoden
William C Rhoden Sports of The Times column discusses media campaign being waged by National Basketball Players Association as league's January 7 deadline for canceling season nears (M)
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INVESTORS WANT CORPORATE EXPRESS CHAIRMAN REMOVED
Date: 05 January 1999
By Bloomberg News
Bloomberg News
Marlin Partners I LP and Brahman Management LLC, group that is major investor in Corporate Express Inc, urges company to replace its chairman, Jrika Rysavy, and hire investment banker to help consider alternatives like a merger; group wants title of chairman transferred to Robert L King, currently chief executive (S)
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POOL ENERGY OPENS TALKS WITH NABORS INDUSTRIES
Date: 05 January 1999
By Bloomberg News
Bloomberg News
Pool Energy Services Co begins talks with Nabors Industries about $444 million takeover offer that Pool had previously rejected as inadequate (S)
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MEDITRUST SELLS 34 NURSING AND ASSISTED-LIVING HOMES
Date: 05 January 1999
By Bloomberg News
Bloomberg News
Meditrust Companies sells 34 nursing and assisted-living homes for $232 million in separate transactions as part of plan to sell as much as $1 billion of assets and cut debt; sells 25 assisted-living properties operated by Emeritus Corp for $155 million; buyer is not identified; remaining nine properties are nursing homes and are sold to three closely held companies for $77 million (S)
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Dresdner Bank Moves Money to Partnerships
Date: 05 January 1999
By Bloomberg News
Bloomberg News
Dresdner Bank AG has put shareholdings worth about 12.8 billion euros ($15 billion) into partnerships, sheltering assets from Government clampdown on tax loopholes this year (S)
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Deal in Canned Seafood
Date: 05 January 1999
By Bloomberg News
Bloomberg News
International Home Foods agrees to buy Canada's top two canned-seafood brands for George Weston Ltd for undisclosed price (S)
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China Hopes to Sell Bad Loans at Discount
Date: 05 January 1999
By Bloomberg News
Bloomberg News
China, in effort to tackle as much as $240 billion of bad loans at its biggest banks, will introduce pilot program to sell those loans at discount (S)
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Daewoo Motor Is No. 1, In Korea, That Is
Date: 05 January 1999
By Bloomberg News
Bloomberg News
Daewoo Motor Co, traditionally South Korea's second-biggest auto maker, says it sold total of 893,295 vehicles in 1998, taking over number 1 position from Hyundai Motor Co for first time; Hyundai Motor sold 880,066 vehicles, while Kia Motors sold 467,545 vehicles; combined domestic sales of Korea's three largest auto makers dropped by 54 percent (S)
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