GENERAL DYNAMICS EXTENDS OFFER FOR NEWPORT NEWS
Date: 26 June 2001
By Bloomberg News
Bloomberg News
General Dynamics Corp extends $2.6 billion cash offer for Newport News Shipbuilding after federal antitrust regulators request more information on proposal (S)
Full Article
Congressman's Silence Tests District's Loyalty
Date: 26 June 2001
By Evelyn Nieves
Evelyn Nieves
Constituents of California's 18th Congressional District are inclined to believe assertions of seven-term Democratic Congressman Repr Gary A Condit, that he was only good friends with 24-year-old intern Chandra Ann Levy, who mysteriously disappered in Washington on April 30, but nagging questions persist; relentless flow of news stories, tearful news conferences by Levy's parents, and newspaper columns demanding that congressman speak up are taking toll; photos (M)
Full Article
A Guide to Navigate the TV Maze Gives Pause
Date: 25 June 2001
By Jim Rutenberg
Jim Rutenberg
Gemstar-TV Guide International, which produces interactive TV guide and channel navigator, has amassed so much power that Justice Dept has asked to review its business documents because of accusations by competitors that it has built monopoly; Gemstar, headed by Henry C Yuen and part-owned by Rupert Murdoch's News Corp, says company simply gives viewers ability to make informed choices in rapidly changing media environment, especially for digital- or satellite-television subscribers trying to make sense of dizzying array of channels; says it operates within antitrust laws; in fact, its programming guide may influence what viewers watch because some of what is seen on screen are advertisements; photos (M)
Full Article
Missing Newsman's Mother Seeks Pope's Support
Date: 25 June 2001
By Patrick E. Tyler
Patrick Tyler
Interview with Lesa Gongadze, mother of Ukranian journalist Georgy Gongadze, who is seeking support from Pope John Paul II, currently visiting Ukraine, to press Pres Leonid D Kuchma to investigate disappearance, and probable killing of son Georgy, journalist who was persistent critic of corruption in governmment (M)
Full Article
NRG ENERGY BUYS 2 NORTHEAST PLANTS FROM CONECTIV
Date: 26 June 2001
By Bloomberg News
Bloomberg News
NRG Energy Inc, Minneapolis-based power producer, acquires two power plants and stakes in two others in Northeast from Conectiv Inc for $630 million; plants are in Delaware, Maryland and Pennsylvania (S)
Full Article
Chief Executive at Riddell Sports Quits
Date: 26 June 2001
By Bloomberg News
Bloomberg News
Riddell Sports says its chief executive, David Mauer, has resigned now that sale of company's athletic-equipment unit, Team Sports, to Lincolnshire Management Inc is completed; Jeff Webb will become president and chief executive (S)
Full Article
G.M. Sees a Disappointing Year in Europe
Date: 26 June 2001
By Bloomberg News
Bloomberg News
General Motors Europe president Michael Burns says it will very difficult to make profit in Europe this year because of demand is falling and company's costs are too high; GM sales in Western Europe have fallen for two of last three years and are down 3.4 percent through May (S)
Full Article
World Business Briefing | Asia: Japan: Tire Venture
Date: 26 June 2001
By Bloomberg News
Bloomberg News
Japan's Yokohama Rubber Co will form 50-50 joint venture with Continental of Germany to sell tires to Japanese automakers (S)
Full Article
World Business Briefing | Asia: Singapore: Bank Bid Reaction
Date: 26 June 2001
By Bloomberg News
Bloomberg News
Singapore's DBS Group Holdings receives negative reaction to its bid for Overseas Union Bank on first day of trade since announcing offer (S)
Full Article
World Business Briefing | Europe: Germany: Price Increases Slow
Date: 26 June 2001
By Bloomberg News
Bloomberg News
German consumer prices rose 0.2 percent in June, less than half May's 0.5 percent gain, making more likely that European Central Bank will reduce interest rates as growth slows; annual inflation rate declined to 3.1 percent from 3.5 percent in May (S)
Full Article