Repercussions From Flawed News Articles
Date: 03 June 1997
By Iver Peterson
Iver Peterson
Society of Professional Journalists will decide whether to strip San Jose Mercury News investigative rporter Gary Webb of his 1996 Journalist of the Year Award for articles which sought to link Central Intelligenbce Agency to sale of crack cocaine in Los Angeles by supporters of Nicaraguan contras in 1980's; even though revocation is viewed as unlikely, request that prize be withdrawn shows degree of anger still aroused by Webb and articles, which paper has admitted were flawed; photo (M)
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News Reporters in Family Court: Permissible but Rare
Date: 03 June 1997
By Tony Marcano
Tony Marcano
Reporters are permitted to cover Family Court hearing of 12-year-old Malcolm Shabazz, who is charged with starting fire that critically injured his grandmother, Betty Shabazz (M)
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A Drama That Was Hardly Made for Television Struck Deeply All the Same
Date: 03 June 1997
By Walter Goodman
Walter Goodman
Critic's Notebook column focuses on media coverage of trial of Oklahoma City bombing suspect Timothy J McVeigh; says even though trial should have been televised, absence of cameras from courtroom made event all more powerful since McVeigh's actions made it too heavy for theatrics (M)
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A New Shooting Star of the Left: Lionel Robert Jospin
Date: 03 June 1997
By Craig R. Whitney
Craig Whitney
Man in the News biographical sketch of new French Prime Min Lionel Robert Jospin; photo (M)
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Mitsui and Sumitomo To Merge Units
Date: 03 June 1997
By Bloomberg News
Bloomberg News
Mitsui Toatsu Chemicals Inc and Sumitomo Chemical Co will merge their polystyrene businesses in October; 50-50 merger will combine companies' production, sales and research-and-development activities (S)
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ANTHEM OFFERS $7 A SHARE FOR ACORDIA STAKE
Date: 03 June 1997
By Bloomberg News
Bloomberg News
Anthem Inc will pay $40 a share, or about $170 million, to acquire shares of Acordia Inc it does not already own (S)
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PHYSICIAN CORPORATION DISCLOSES NEW MERGER TALKS
Date: 03 June 1997
By Bloomberg News
Bloomberg News
Physician Corp of America is in talks with unnamed partner to be bought for $7 a share, or $266 million (S)
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BOSTON CHICKEN TO CUT HEADQUARTERS STAFF BY 25%
Date: 03 June 1997
By Bloomberg News
Bloomberg News
Boston Chicken Inc will dismiss 115 employees, or one-fourth of its headquarters staff, and have franchises combine their administrative duties to cut annual costs by as much as $40 million (S)
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LAZARD TO BUY 38% STAKE IN ALEXANDER HAAGEN
Date: 03 June 1997
By Bloomberg News
Bloomberg News
Unit of Lazard Freres will purchase $235 million in newly issued common shares of Alexander Haagen Properties Inc; purchase will give Lazard Freres Real Estate Investors a 38 perent stake in Alexander Haagen (S)
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Japanese Stocks Rise
Date: 02 June 1997
By Bloomberg News
Bloomberg News
Stocks moved higher here early today. At the midday break, the benchmark Nikkei index of 225 issues was up 207.22 points -- slightly more than 1 percent -- to stand at 20,276.03. On Friday, the Nikkei index lost 243.42 points.
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