News Drops Nondisparagement Clause in Layoffs
Date: 16 May 2001
By Jayson Blair
Jayson Blair
Mortimer B Zuckerman, publisher of Daily News, drops requirement that recently laid-off employees agree not to 'disparage, discredit, defame or belittle' newspaper in return for severance benefits (M)
Full Article
Ukraine Calls Newsman's Killing Nonpolitical; Skeptics Abound
Date: 17 May 2001
By Michael Wines
Michael Wines
Ukraine Pres Leonid Kuchma's critics scorn government's stand that leading opposition journalist Georgy Gongadze was victim of random killing by two thugs who were themselves killed later; government has been in crisis since former presidential guard released tape showing Kuchma ordering underlings to deal with Gongadze (M)
Full Article
Essay; The Senate Plumbers
Date: 17 May 2001
By William Safire
William Safire
William Safire Op-Ed column says Sen Patrick Leahy and other Democrats are demanding that Theodore Olson, Pres Bush's nominee for solicitor general, provide copies of internal audit, board books and minutes of American Spectator, right-wing magazine that sought to uncover scandals about Bill and Hillary Clinton in Arkansas; says magazine was engaged in journalism protected by First Amendment, and Olson was its lawyer, not its editor; says Leahy and others seek to trample on First Amendment as payback for Olson's successful argument before Supreme Court on George W Bush's behalf regarding disputed Florida election results (M)
Full Article
OFFER FOR KENDALL-JACKSON WINE ESTATES IS WITHDRAWN
Date: 17 May 2001
By Bloomberg News
Bloomberg News
Australian winemaker BRL Hardy withdraws its offer to buy Kendall-Jackson Wine Estates, saying Kendall-Jackson's price is too high (S)
Full Article
EASTMAN TO SPIN OFF SPECIALTY CHEMICALS BUSINESS
Date: 17 May 2001
By Bloomberg News
Bloomberg News
Eastman Chemical Co will spin off its specialty chemical business later this year as part of its plan to split into two companies; new chemicals company will be called Eastman Co; surviving company, yet to be named, will make plastics for soda bottles and fibers for cigarette filters (S)
Full Article
CONSOLIDATED STORES CHANGES ITS NAME TO BIG LOTS
Date: 17 May 2001
By Bloomberg News
Bloomberg News
Consolidated Stores Corp changes its name to Big Lots; will also change names of its Odd Lots, Mac Frugal's and Pic 'N' Save stores to Big Lots in next two years (S)
Full Article
FOUNDER OF CALLAWAY GOLF IS RETIRING FROM 2 POSTS
Date: 17 May 2001
By Bloomberg News
Bloomberg News
Callaway Golf Co names Ronald Drapeau its chief executive and president, succeeding founder Ely Callaway, who is retiring but will remain chairman (S)
Full Article
LIZ CLAIBORNE AGREES TO BUY DUTCH CLOTHING COMPANY
Date: 17 May 2001
By Bloomberg News
Bloomberg News
Liz Claiborne acquires Dutch apparel company Mexx Group for about $266 million in cash and assumed debt (S)
Full Article
KEYCORP TO LAY OFF 900 IN 2001, MEETING PERSONNEL GOAL
Date: 16 May 2001
By Bloomberg News
Bloomberg News
KeyCorp will cut 900 jobs this year to complete round of 4,000 dismissals begun in November 1999 (S)
Full Article
EGL, A GLOBAL FREIGHT COMPANY, TO LAY OFF 950 WORKERS
Date: 16 May 2001
By Bloomberg News
Bloomberg News
EGL Inc, international freight company, is cutting its US work force by about 15 percent to help trim $30 million in annual costs after unexpected first-quarter loss of $9.1 million; company dismissed more than 450 employees through May 5 and plans to cut 400 more full-time workers (S)
Full Article