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26th of November 1994 News
Novice, kot so bile prikazane na prvi strani New York Timesa na 26. november 1994
The Shroud
Date: 27 November 1994
By Max Frankel
Max Frankel
A GREAT SHROUD has been drawn across the mind of America to make it forget that there is a world beyond its borders. Except when showing "Star Trek" or some imitation, the three main television networks obsessively focus their cameras on domestic tales and dramas, as if the end of the cold war rendered the rest of the planet irrelevant. Their news staffs occasionally visit some massacre, famine or shipwreck and their star anchors may parachute into Haiti or Kuwait for a photo op, but these spasms of interest only emphasize the networks' apparent belief that on most evenings the five billion folks out there don't matter one whit. Midst all the agitation about immigrants in California and Texas, have you seen even one good report on the 23 million refugees roaming the globe? Or the response to immigrants in Germany or, if it could be found, Canada? After all the hype given to Charles Murray's portentous I.Q. alarm, did you catch even a single network asking what other societies think about intelligence tests? Or what they've learned about the relationship between talent and economic growth?
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SOAPBOX;
Taking Back the Streets
Date: 27 November 1994
By Edward Costikyan
Edward Costikyan
STREET trees wither in their cramped beds. Wretched clumps of news boxes sit shackled to lampposts. A phone booth juts out here, a bus shelter there, not to mention growing numbers of recycling bins, bike racks and, any day now, public toilets. One of America's most walkable cities has ceded its sidewalks to an obstacle course of poorly designed and poorly maintained objects.
In the architectural community, these objects -- which also include newsstands, street lamps and signs -- are commonly known as "street furniture." By allowing them to proliferate haphazardly, we send the message to residents and visitors alike that they are in a city that doesn't care.
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What's Bad for Politics Is Great for Television
Date: 27 November 1994
By Walter Goodman
Walter Goodman
WITH REPUBLICAN hopefuls already showing up in Iowa and New Hampshire, and with Democrats scrambling to position themselves for 1996, television gives signs of becoming the toxic-waste dump of politics. Most of the criticism of the wretched campaign that the nation just endured has been directed at the candidates and their hirelings who turned out those noisome 30-second spots. They deserve it, but negative advertising is only the tip of the sludge heap. Television, as it has developed in the United States, is not merely a passive instrument of the cheap-shot gang. The media manipulators are themselves controlled by the medium's conventions, and the audience is an accomplice to its own exploitation.
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The Cry Was 'Workers, Unite!' (And Artists Too)
Date: 27 November 1994
By Rita Reif
Rita Reif
RUSSIAN POSTERS OF THE 1920's evoke in bold lettering and imagery the tumultuous period following the 1917 Revolution. Among the most compelling are the news and propaganda posters -- intense, even witty bulletins that were printed daily on the cheapest paper and hung for all to see in the shop windows of Moscow. While the political events pictured are as difficult to decipher as the Russian words describing them, the graphic power is unquestionable. The broad appeal of this work can be seen in "Rosta, Bolshevik Placards: 1919-1921," an exhibition at the Sander Gallery, on the Upper East Side of Manhattan, through Jan. 7. (Wall labels provide rough translations.)
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No Alliance In Gypsum Bid
Date: 26 November 1994
By Bloomberg News
Bloomberg News
The French building materials company Lafarge-Coppee S.A. has declined to join Delcor Inc. in its bid to acquire the National Gypsum Company, according to a filing made today at the Securities and Exchange Commission. Lafarge's letter refusing to join Delcor appeared in a filing by Golden Eagle Industries, which owns Delcor.
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KEMPER CONSIDERING PIECEMEAL SALE OF SUBSIDIARIES
Date: 26 November 1994
By Bloomberg News
Bloomberg News
The Kemper Corporation is considering the piecemeal sale of its insurance, mutual fund and brokerage divisions if it does not find a buyer for the entire company by year-end, investment bankers and analysts say. "If they can't get an offer they like, they say they'll break up the company," said Ira Zuckerman, an SBS Financial Group Inc. analyst who said he had spoken with the company. Kemper is looking for a suitor after Conseco Inc. scuttled its $2.96 billion offer. The company's stock fell 18 percent this week and closed yesterday at $39.875, lower than in March, when Kemper became a takeover target. Investment bankers said that Kemper's adviser, Goldman, Sachs & Company, had been in touch with them about considering new bids for the company.
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CANADIAN UTILITIES AND NORCEN ENERGY IN DEAL
Date: 26 November 1994
By Bloomberg News
Bloomberg News
Canadian Utilities Ltd. agreed yesterday to buy natural gas pipelines and other operations in Alberta owned by Norcen Energy Resources Ltd. for an undisclosed amount. Separately, Norcen said it had laid off 130 employees in Calgary, Alberta, trimming its total work force to about 1,100. Norcen is 42.6 percent owned by Noranda Inc. of Toronto. Under the agreement, Norcen agreed to sell Canadian Utilities its Midwest Gas Transmission Ltd. unit and a pipeline running from Wabamun, Alberta, to Hinton, Alberta, operated by a Norcen subsidiary, North Canadian Oils Ltd. Midwest Gas is involved in gas gathering, processing, transmission and marketing in central Alberta.
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METALLGESELLSCHAFT SELLS ITS STAKE IN B.U.S. BERZELIUS
Date: 26 November 1994
By Bloomberg News
Bloomberg News
Metallgesellschaft A.G., the troubled German mining and industrial conglomerate, said yesterday that it had sold its 49 percent stake in B.U.S. Berzelius Umwelt Service A.G. to a closely held German company for an undisclosed sum. But B.U.S. shares closed at the equivalent of $93, giving the stake an indicated value of about $266 million. The Loebbert Holding G.m.b.H., an environmental services company with 500 million marks in annual sales, bought the stake in B.U.S., also an environmental company that specializes on recycling industrial waste materials. The sale of the stake is the latest in a series of asset sales by the Metallgesellschaft.
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German Sells Stake in Luxury Hotel Chain
Date: 26 November 1994
By Bloomberg News
Bloomberg News
A German financier, Dieter Bock, disclosed today that he had sold his majority stake in the Kempinski A.G. luxury hotel chain to a Thai joint venture. The sale is Mr. Bock's first step in shedding his extensive holdings to concentrate on his position as joint chief executive of Lonrho P.L.C.
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VOTING SHARES OF BOX ENERGY CLIMB 37%
Date: 26 November 1994
By Bloomberg News
Bloomberg News
The voting shares of the Box Energy Corporation rose 37 percent yesterday after a $48 million takeover bid late on Wednesday by the Idaho potato magnate J. R. Simplot. His all-cash offer is equal to about $15 a share. Shares of Box Energy's class A voting stock climbed $4.25, to $15.50, in Nasdaq trading. The company's more widely traded class B nonvoting stock was up 75 cents, at $9.75. Mr. Simplot's bid tops an earlier buyout offer by the Phoenix Canada Oil Company of Toronto, which offered $43.2 million, or $13.50 a share, for the voting stock last month. Both bidders are seeking the 57 percent stake of the voting stock formerly controlled by the company's founder, Cloyce Box. The stock is tied up in Federal bankruptcy court.
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