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1st of November 2002 News
Novice, kot so bile prikazane na prvi strani New York Timesa na 1. november 2002
Russians Extend Media Restrictions From Hostage Crisis
Date: 02 November 2002
By Michael Wines
Michael Wines
Moscow news radio station Ekho Moskvy says it weighs moving its Web site abroad after Russia forced site to remove interview with Chechen guerrilla holding hostages at Moscow theater and pressured news media to limit coverage of hostage crisis; Parliament, 231-106, approves even tougher curbs on reports on counterterrorism efforts; journalists and other free-speech advocates warn of further censorship; photo (M)
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National Briefing | South: Virginia: Court Rejects DNA Test
Date: 02 November 2002
By Adam Liptak (NYT)
Adam NYT
Virginia Supreme Court rules state is not required to provide DNA evidence for testing to news organizations seeking to determine whether Roger K Coleman was innocent of murder for which he was executed in 1992; photo (M)
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BOLDFACE NAMES
Date: 01 November 2002
By James Barron
James Barron
Boldface Names column; General Electric chairman Bob Wright attends roast in his honor arranged by Center for Communication, which arranges educational programs featuring media personalities; weather forecaster Irv Gikovsky will run in New York City Marathon; Cuba is popular destination for celebrities of every stripe, and film director Steven Spielberg is latest to accept invitation; Aaron Nir and fashion designer Satoko Miyake have baby (M)
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Sports of The Times; Few Answers As Yao Enters Long Season
Date: 02 November 2002
By Harvey Araton
Harvey Araton
Harvey Araton Sports of The Times column questions stamina of Houston Rockets center Yao Ming, who with 80 of scheduled 82 games left in regular season is already expressing his exhaustion over media frenzy that follows him; photo (M)
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Ignorance Perpetuates the Chechen War
Date: 01 November 2002
By Masha Gessen
Masha Gessen
Op-Ed article by Masha Gessen says Chechen war that started in 1994 has become more and more dangerous to cover--because Chechen rebels take journalists hostage, and because Russian authorities put heavy pressure on press to stop publishing or broadcasting anything but official reports; says result is that young Russians know nothing about people of Chechnya or roots of this war, and their peers in Chechnya are in similar predicament; says Movsar Barayev, 23-year-old leader of group who took hundreds of people hostage in Moscow theater, probably believed that Russians would stop war if people in Moscow were made to suffer as Chechens have been suffering; says after hostage crisis, each group is even less likely than before to see other as anything but crazed, dangerous enemy (M)
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HALLIBURTON RENEGOTIATES TO AVOID BANK TRIGGERS
Date: 02 November 2002
By Bloomberg News
Bloomberg News
The Halliburton Company renegotiated bank agreements that could have forced the company to post $260 million in cash collateral if its credit ratings fell below investment grade. The new terms require instead that the company maintain certain levels of income relative to its interest expense and of capital relative to its debt, Halliburton said. Standard & Poor's in May identified Halliburton as one of the 15 United States companies most vulnerable to a cash crunch because of triggers that can force repayment of billions of dollars in the event of a ratings cut, stock decline or profit shortfall.
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TOWER AUTOMOTIVE NAMES AN INTERNATIONAL CHIEF
Date: 02 November 2002
By Bloomberg News
Bloomberg News
Tower Automotive, the largest maker of vehicle frames, promoted its chief financial officer, Tony Barone, to lead its planned international expansion and named Ernest Thomas to succeed him. Mr. Barone, 53, has been chief financial officer since 1995. Mr. Thomas, 48, joins Tower from the Modine Manufacturing Company. Tower wants to increase the portion of sales it gets outside North America from the current 28 percent. About $1.78 billion, or 72 percent, of the company's $2.47 billion 2001 sales were made in North America. The company, based in Grand Rapids, Mich., has expanded in Europe, Asia and Latin America the last two years.
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INSTINET, THE ELECTRONIC TRADER, PROMOTES TWO
Date: 02 November 2002
By Bloomberg News
Bloomberg News
The Instinet Group, blending executives from its newly acquired electronic trading network into its management structure, named John Fay its chief financial officer and Alex Goor head of strategy. Mr. Fay had been the chief financial officer of Island ECN, which Instinet bought for $568 million in September. Mr. Goor was leading the integration of the two companies. The purchase made Instinet the biggest electronic trading system for Nasdaq stocks. Mark Nienstedt, who jointly held the title of chief financial officer and president of Instinet, ceded the financial officer title to Mr. Fay, the company said.
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ROCHE ADDS A WARNING TO ITS ACCUTANE LABELS
Date: 02 November 2002
By Bloomberg News
Bloomberg News
Roche Holding A.G. has added warnings about violent behavior in patients taking its Accutane drug, a medicine already reserved for the most severe cases of acne because of its side effects, regulators said. Roche changed the label in June and sent a letter to doctors and pharmacists in September, said Gail Safian, a spokeswoman for the drug maker, which is based in Basel, Switzerland. About five million people in the United States have taken Accutane since 1982. Roche has said that there is no evidence to link Accutane with depression and suicide, but the mother of a teenager who crashed a private plane into a Tampa office building has said that Accutane may have affected her son's behavior and sued the company for $70 million.
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CHIEF OF MCG CAPITAL BACKTRACKS ON HIS DEGREE
Date: 02 November 2002
By Bloomberg News
Bloomberg News
The MCG Capital Corporation, a financing and investment company, said its chairman and chief executive, Bryan J. Mitchell, did not get a bachelor of arts degree from Syracuse University as was previously announced. Mr. Mitchell, 41, told the board yesterday that he did not get the degree, his assistant, Lilian Jackline, said. He attended the university but did not graduate, a spokeswoman, Sherry Edwards, said. She said the board would make a statement later. Mr. Mitchell founded the company, which provides financing for media and technology companies, in 1998.
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MOODY'S CUTS LUCENT'S CREDIT RATING AGAIN
Date: 02 November 2002
By Bloomberg News
Bloomberg News
Lucent Technologies' credit rating was cut two levels by Moody's Investors Service, which cited falling sales. The action sent the Lucent, a telephone equipment maker, further into the noninvestment, or junk, category. Lucent's senior debt ratings were cut to Caa1 from B2, affecting about $7 billion of debt, Moody's said. The company's debt rating has been cut seven times since December 2000. Lucent, which is based in Murray Hill., N.J., posted a 10th straight quarterly net loss last week as sales fell by more than half.
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