PAGE TWO: THE READING FILE
Date: 16 November 2003
Reading File column quotes: Allen W Dulles's 1945 briefing on great difficulty of rebuilding Germany, as reprinted by Foreign Affairs magazine in light of Iraq occupation; Leander Kahney comment in Wired News suggesting that Apple's iTunes software is creating new form of bigotry on campus; Colin McGinn's article in Think magazine on Matrix movies; photo (S)
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ALLIED WASTE TO SELL BUSINESSES FOR $120 MILLION
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Allied Waste Industries to sell businesses in northern and central Florida to Capital Environmental Resource Inc of Ontario for $120 million (S)
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AT&T WIRELESS INCREASES PLANNED JOB CUTS TO 1,900
Date: 15 November 2003
By Bloomberg News
Bloomberg News
AT&T Wireless Services Inc increases its planned job cuts to 1,900 from 1,500 (S)
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A.I.G. SAYS RULE CHANGE WILL COST $200 MILLION
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Insurer American International Group says new accounting rule adopted by American Institute of Certified Public Accountants will cost company $200 million in first-quarter profit; rule change requires insurers to establish reserves for paying death benefits and other guarantees for clients' whose premiums are invested in mutual funds (S)
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Cardinal Health to Cut 850
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Cardinal Health Inc will cut 850 jobs over next two years at its medical products and services business (S)
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World Business Briefing | Europe: Sweden: Insurer Names Executive
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Swedish insurer Skandia names Hans-Erik Andersson new chief executive, succeeding Leif Victorin, who was named interim chief executive after Lars-Eric Petersson was fired in April (S)
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Settlement for Coral Power
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Coral Power, unit of Royal Dutch/Shell Group, pays $7.79 million to settle federal regulatory charge that it manipulated prices in California's electricity market in 2000; admits no wrongdoing; Federal Energy Regulatory Commission must approve settlement (S)
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Retail Sales Decline 0.3%; Industrial Output Rises 0.2%
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Commerce Department reports total retail sales fell 0.3 percent in October, to $318.8 billion, after revised 0.4 percent decrease in September; Federal Reserve says industrial production rose 0.2 percent after increasing revised 0.5 percent in September; adds industrial capacity increased to 75 percent from 74.8 percent; University of Michigan's consumer sentiment index rose to 93.5 in November; Labor Department reports producer price index rose 0.8 percent; graphs (M)
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Prosecutors Seek Unusual Appeal
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Federal prosecutors will seek to reinstate insider-trading conviction of Computer Horizons Corp co-founder John Cassese after Judge Robert Sweet says there is not enough evidence to support conviction and overturns it; Cassese allegedly made $150,000 profit by trading shares of Data Processing Resources Corp using confidential information which he obtained as Computer Horizons chief executive (M)
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Ex-Warnaco Chief Settles Fraud Suit
Date: 15 November 2003
By Bloomberg News
Bloomberg News
Former Warnaco Group chief executive Linda Wachner, along with former company executives William Finkelstein and Stanley Silverstein, agree to pay $12.85 million to settle charges of fraud brought by Securities and Exchange Commission; Warnaco has been under investigation by federal regulators for financial statements made during period 1998-2000 (M)
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