The Times and N.B.A. Settle Lawsuit Over Photos
Date: 10 April 2001
By David D. Kirkpatrick
David
New York Times and National Basketball Association settle lawsuit over who owns right to sell newspaper photographs taken at basketball games; to settle suit, Times and basketball association agree that Times will display NBA logo on its Web site and in any advertisements for photographs; Times Web site will also include link to NBA's; in July, NBA filed suit against Times, contending that selling photographs breached contract on back of journalists' press passes; press passes' label prohibits use of information or pictures from games except for reporting news (M)
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Return to CNN Appears Close For Lou Dobbs
Date: 10 April 2001
By Jim Rutenberg
Jim Rutenberg
Lou Dobbs, business news anchor who left CNN in public dispute with its management nearly two years ago, agrees to return to his network and become anchor of Moneyline News Hour, business news program that he started about 20 years ago; CNN is expected to give Dobbs executive-level title that will allow him to help guide network's overall business coverage (M)
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NBC to Shut Most of Its NBCi Web Portal
Date: 10 April 2001
By Chris Gaither
Chris Gaither
NBC will spend $85 million to buy all outstanding shares of its online spinoff, NBC Internet, and probably shut down most of those operations (M)
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Putin and Schröder: Warm Tone, Unmet Goal
Date: 11 April 2001
By Patrick E. Tyler
Patrick Tyler
Chancellor Gerhard Schroder says in Moscow that he and Pres Vladimir Putin have made little progress on plans to exchange part of Russia's Soviet-era debt for German investment in Russian economy; offers to play leading role in Russisan bid to restructure debt to Western creditors, and manages to convey to Putin strong Western sentiment that Russia's integration with Europe requires that Moscow pay debts, respect press freedom and take constructive part in security debates (S)
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FLEMING WILL ADD DISTRIBUTION CENTERS TO SUPPLY KMART
Date: 11 April 2001
By Bloomberg News
Bloomberg News
Fleming Companies will buy distribution center and lease another from Supervalu; won 10-year $4.5 billion-a-year contract in February to supply food to Kmart (S)
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SALTON WARNS OF REDUCED SALES AS ORDERS FALL
Date: 10 April 2001
By Bloomberg News
Bloomberg News
Salton Inc says sales fell in its third quarter and revenue will be hurt this quarter as retailers reduce orders (S)
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KENNAMETAL TO ELIMINATE AT LEAST 200 ADDITIONAL JOBS
Date: 10 April 2001
By Bloomberg News
Bloomberg News
Kennametal Inc, maker of industrial tools and equipment, will cut additional 200 to 250 jobs and take restructuring charge, warning that falling sales will hurt profit in its fourth-quarter (S)
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NEWELL RUBBERMAID NAMES PRESIDENT OF NEW DIVISION
Date: 10 April 2001
By Bloomberg News
Bloomberg News
Newell Rubbermaid Inc announces appointment of Steven R Scheyer as president of new division intended to increase sales of company's products to its biggest customer, Wal-Mart Stores (S)
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PITNEY BOWES BUYS A MAILING SERVICE FOR $290 MILLION
Date: 10 April 2001
By Bloomberg News
Bloomberg News
Pitney Bowes Inc agrees to buy mailing and document service business of Danka Business Systems of Britain for $290 million (S)
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MAKER OF BILLING SOFTWARE TO LAY OFF HALF OF PERSONNEL
Date: 11 April 2001
By Bloomberg News
Bloomberg News
Daleen Technologies Inc, maker of billing software, will cut 200 jobs, close two facilities and have wider-than-expected loss for first quarter; job reductions represent 52 percent of company's work force (S)
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