News Corp. Posts Quarterly Loss as Advertising Revenue Falls
Date: 17 August 2001
By Patrick McGeehan
Patrick McGeehan
News Corp reports net loss of $265 million in quarter, in contrast to net income of $71 million year earlier; operating profit was $145 million; chairman, Rupert Murdoch, expects operating profit to increase by about 20 percent in new fiscal year (M)
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South Korean News Executives Are Arrested on Tax Charges
Date: 18 August 2001
By Don Kirk
Don Kirk
South Korean newspaper owners Bang Sang Hoon, Kim Byung Kwan and Cho Hee Joon are arrested on charges of tax evasion and embezzlement in case that strains nation's political divisions and tests Pres Kim Dae Jung's power and policies; are being held without bail pending trial; arrests are part of long-running battle between government and nation's major conservative newspapers, which are charged with concealing over $1 billion in income; newspapers see effort to silence criticism of government policies (M)
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World Briefing | Africa: Zimbabwe: New Charges For 4 Journalists
Date: 17 August 2001
By Rachel L. Swarns (NYT)
Rachel Swarns
Zimbabwe police file new charges against four journalists day after court dismisses earlier charges (S)
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World Briefing | Africa: Zimbabwe: Denmark Ends All Aid
Date: 18 August 2001
By Henri E. Cauvin (NYT)
Henri Cauvin
Denmark suspends all direct aid to Zimbabwe Pres Robert Mugabe's g6
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Documenting America, From Industrial Behemoth to Sweet Innocent
Date: 17 August 2001
By Margarett Loke
Margarett Loke
Margarett Loke reviews work of late American photojournalist Esther Bubley, at UBS Paine Webber Art Gallery; photo (M)
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SCIENTIFIC-ATLANTA DROPS ON REPORT OF WEAK DEMAND
Date: 18 August 2001
By Bloomberg News
Bloomberg News
Shares of Scientific-Atlanta Inc decline 15 percent, to $21.24, because of weak demand for its products (S)
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MARKETING GROUP CREATED TO LIFT ADVERTISING SALES
Date: 18 August 2001
By Bloomberg News
Bloomberg News
AOL Time Warner Inc creates AOL Time Warner Global Marketing Solutions to increase sales of advertising across all of its businesses (S)
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SPRINT TO SELL 16 MILLION SHARES OF EARTHLINK
Date: 18 August 2001
By Bloomberg News
Bloomberg News
Sprint Corp plans to sell 16 million shares of EarthLink Inc in public offering valued at $200 million and use proceeds to reduce its debt (S)
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MORE DATA SOUGHT ON ZEBRA BID FOR FARGO ELECTRONICS
Date: 18 August 2001
By Bloomberg News
Bloomberg News
Federal Trade Commission seeks additional information regarding Zebra Technologies Corp's planned $104 million purchase of Fargo Electronics Inc (S)
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TEXAN GETS SOME BACKING IN COMPUTER ASSOCIATES FIGHT
Date: 18 August 2001
By Bloomberg News
Bloomberg News
Sam Wyly, Texan seeking control of Computer Associates International, receives backing from Proxy Monitor Inc, which has opposed his efforts (S)
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