Democrat Urges G.O.P. to Withdraw Bush Ad
Date: 23 November 2003
By Brian Knowlton, Br / International Herald Tribune
Brian Knowlton
Senator Tom Daschle called on Republicans to drop an advertisement that he said unfairly depicted Democrats of undercutting the fight against terrorism.
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Pulitzer Board Won't Void '32 Award to Times Writer
Date: 22 November 2003
By David D. Kirkpatrick
David
Pulitzer Prizes board decides not to revoke 1932 prize awarded to New York Times reporter Walter Duranty for 1931 series of articles about Soviet Union that were later discredited as too credulous of Soviet propaganda; cites lack of evidence of deliberate deception by Duranty; award has been subject of protests by Ukrainian and other groups angry over his failure to report vast famine of 1932-33; board calls famine 'horrific' and notes it deserved more international attention; Times publisher Arthur Sulzberger Jr lauds board; admits defects in Duranty's journalism; Ukrainian Congress Committee of America official Tamara Gallo Olexy scores decision (M)
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Under Pressure to Change, Saudis Debate Their Future
Date: 23 November 2003
By Neil MacFarquhar
Neil MacFarquhar
Saudi Arabia, once extremely isolated, is re-examining way it is run, following series of deadly bombings clearly intended to destabilize rule of House of Saud, combined with rare street protests and grudging recognition of heavy involvement of Saudis in 9/11 terror attacks; idea of reshaping kingdom's religious and tribal form of monarchy remains tentative, but there have been signs of change; topics once forbidden, such as elections, can be discussed, even in newspapers, without anyone being fired or charged with crime; analysts believe most important shift is fact that religious doctrines prevalent in kingdom can now be openly discussed in way unthinkable even two years ago; prohibitions have not entirely disappeared, so demand for free speech is one of strongest; photos (M)
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POLYCOM TO EXPAND IN VIDEOCONFERENCING
Date: 22 November 2003
By Bloomberg News
Bloomberg News
Videoconferencing equipment maker Polycom Inc to acquire Voyant Technologies for $110.7 million (S)
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GALEY & LORD SELLS UNIT TO PRIVATE INVESTORS
Date: 22 November 2003
By Bloomberg News
Bloomberg News
Textile maker Galey & Lord, which filed for Chapter 11 bankruptcy protection in 2002, sells London-based Klopman International Group to BS Private Equity for $47 million (S)
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World Business Briefing | Trade: Japan And Norway To Impose Tariffs
Date: 22 November 2003
By Bloomberg News
Bloomberg News
Japan and Norway plan to impose duties on US goods in retaliation for American steel tariffs; Japanese sanctions on imports worth $98 million add to $2.2 billion retaliation list that Europe will impose on many products in December unless Pres Bush agrees to lift tariffs; Norway is planning 30 percent tariff on some products (S)
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World Business Briefing | Asia: China: Insurer To List In New York
Date: 22 November 2003
By Bloomberg News
Bloomberg News
China Life Insurance Co receives approval to list its stock in New York; will be first Chinese insurance company to list in US; initial public offering price will be 31 to 37 cents per share, and will raise $2.5 billion (S)
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DaimlerChrysler Loses Bid to End Suit
Date: 22 November 2003
By Bloomberg News
Bloomberg News
DaimlerChrysler's fails in bid to have dismissed $3 billion lawsuit brought against company by billionaire investor Kirk Kerkorian; Federal Judge Joseph J Farnan Jr finds that DaimlerChrysler executives cannot show Kerkorian unreasonably relied on their statements that combination would be merger of equals rather than takeover in deciding whether he would back deal; Kerkorian is seeking $3 billion in damages (S)
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Venezuelan Economy Declines Again
Date: 22 November 2003
By Bloomberg News
Bloomberg News
Venezuelan economy declined 7.1 percent in period from July to September, seventh consecutive quarterly contraction (S)
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Wal-Mart Drops Two Putnam Funds
Date: 22 November 2003
By Bloomberg News
Bloomberg News
Wal-Mart Stores Inc drops two funds managed by Putnam Investments from its 401(k) plan offerings in wake of recent charges of illegal mutual fund trading at Putnam; is latest of several companies to drop Putnam; Bear Stearns says it has received Federal subpoena in connection with mutual fund trading (S)
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