VETERAN ABC CORRESPONDENT JOINS FOX NEWS
Date: 28 October 2003
By Jim Rutenberg (NYT)
Jim NYT
Chris Wallace, longtime correspondent at ABC News, is named as host of Fox News Sunday, Fox's Sunday morning public affairs program; succeeds Tony Snow, who is going to devote much of his time to new syndicated radio talk show for Fox News (S)
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World Briefing | Africa: Zimbabwe: Newspaper Arrests
Date: 28 October 2003
By Michael Wines (NYT)
Michael NYT
Publisher Samuel Sipepa Nkomo and 4 directors of Daily News, Zimbabwe's largest newspaper, are arrested by police despite recent court order allowing newspaper to resume publication after six-week police shutdown for alleged license violations; paper is highly critical of President Robert G Mugabe's government; photo (S)
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Oil Tycoon's Arrest Scares Russian Financial Markets
Date: 28 October 2003
By Steven Lee Myers and Erin E. Arvedlund
Steven Myers
Russian stocks, bonds and currency plummet after arrest of country's richest man, Yukos Oil chairman Mikhail B Khodorkovsky, on charges of fraud, tax evasion and forgery; Pres Vladimir V Putin's call for end to 'hysteria and speculations' does little to calm fears about his policy or financial jitters as leading market indexes plunge sharply, dragged down by Yukos, which loses fifth of its value before recovering slightly; Putin seeks to portray investigation as isolated criminal matter, but Russian newspapers as well as analysts and some prominent politicians depict arrest as politically motivated assault on outspoken opponent; Putin faces parliamentary elections in Dec and presidential election in Mar; graph (M)
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The Times Chooses Veteran of Magazines and Publishing as Its First Public Editor
Date: 27 October 2003
By Jacques Steinberg
Jacques Steinberg
Daniel Okrent, longtime magazine editor and author, is appointed first public editor of The New York Times; executive editor Bill Keller will make formal announcement of his appointment; he will begin 18-month term on Dec 1; Keller says Okrent will operate outside management structure of newspaper's newsroom and its editorial page; says he will be given unfettered opportunity to address readers' comments about The Times's coverage, to raise questions of his own and to write about such matters in commentaries that will be published in newspaper as often as he sees fit; photo (M)
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In Lakers' Dysfunctional Family, Bryant and O'Neal Feud
Date: 28 October 2003
By Mike Wise
Mike Wise
Los Angeles Lakers players Shaquille O'Neal and Kobe Bryant quarrel in press and off court as Bryant's sexual assault hearings progress; photo (M)
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VOLVO AND ARVINMERITOR PLAN JOINT VENTURES
Date: 28 October 2003
By Bloomberg News
Bloomberg News
Volvo, Europe's largest maker of heavy trucks, and ArvinMeritor Inc, world's largest maker of automotive exhaust systems, plan to start two joint ventures to make truck axles to lower costs; financial terms undisclosed (S)
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TXU REPORTS GAIN IN PROFIT FOR THIRD QUARTER
Date: 28 October 2003
By Bloomberg News
Bloomberg News
Texas-based TXU Corp says its profit for third quarter rose to about $1 per share, and that it might sell as much as 49 percent of its Australian utilities unit to public (S)
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HALLIBURTON ORDERED TO PAY $64 MILLION PENALTY
Date: 28 October 2003
By Bloomberg News
Bloomberg News
Texas jury rules Halliburton Co should pay Anglo Dutch Tenge $64 million for breaching confidentiality agreement over plans to develop Kazakhstan oil field; Halliburton plans to ask judge to reduce or eliminate award; jury also rules against Halliburton's partner Ramco Energy PLC, which is ordered to pay $6.4 million (S)
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TENET'S BANKS AGREE TO AMEND COVENANT TERMS
Date: 28 October 2003
By Bloomberg News
Bloomberg News
Tenet HealthCorp says its banks agreed to amend terms of credit facility, allowing company to avoid default (S)
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WORKERS PLAN STRIKE AT RAYTHEON MISSILE PLANT
Date: 28 October 2003
By Bloomberg News
Bloomberg News
Workers at Raytheon Co plant in Tucson that makes Tomahawk cruise missile vote to strike Nov 3 after rejecting contract that would have raised their health care costs; International Association of Machinists and Aerospace Workers represents 2,100 of 10,000 workers at plant (S)
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