Russians Are Angered By the I.O.C. Decision
Date: 16 February 2002
By Serge Schmemann
Serge Schmemann
Russian reaction to IOC's decision to give gold medal to Canadian pairs team discussed; Olympic team says it will respect decision, but Russian media says move is unprecedented and was influenced by Western pressure by North American press and fans; Deputy Prime Minister Valentina Matviyenko denounces decision; photo (M)
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One Year Later, Nascar's Discovery Rolls On
Date: 17 February 2002
By Robert Lipsyte
Robert Lipsyte
Robert Lipsyte column says that one year after death of Dale Earnhardt in crash during Daytona 500, auto racing is quite healthy, with plethora of sponsors and emerging crop of young drivers; Earnhardt's death and its attendant media coverage has actually won more attention for racing; picks Tony Stewart as driver to watch; photos (M)
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Sports of The Times; Golden Windfall for the Russians
Date: 17 February 2002
By Harvey Araton
Harvey Araton
Harvey Araton Sports of The Times column praises Russian skater Anton Sikharulidze for maintaining grace and poise in face of judging scandal in pairs competition, but says bitterness and debate will always cloud issue, one that, Russians believe, was created by media; Sikharulidze is ready to put situation in past and move on to bright and prosperous future; photo (M)
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GLOBALSTAR FILES FOR BANKRUPTCY PROTECTION
Date: 16 February 2002
By Bloomberg News
Bloomberg News
Globalstar files for bankruptcy protection after spending more than $4 billion to build satellite-telephone network that failed to attract enough customers (S)
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WORLDCOM TO FIRE WORKERS IN COMMISSIONS CASE
Date: 16 February 2002
By Bloomberg News
Bloomberg News
WorldCom internal audit finds that a dozen sales representatives improperly claimed commissions for sales made by other employees; three are fired or forced to quit, and others may be as well (S)
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LIBERTY MEDIA TURNS DOWN GERMAN REGULATORS
Date: 16 February 2002
By Bloomberg News
Bloomberg News
Liberty Media Corp, which has agreed to buy six German cable television companies from Deutsche Telekom, refuses to offer concessions to German regulators who might block sale (S)
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HALLIBURTON SHARES RISE AFTER ASBESTOS RULING
Date: 16 February 2002
By Bloomberg News
Bloomberg News
Shares of Halliburton Co rise 11 percent after Judge Judith Fitzgerald halts more than 200,000 asbestos claims against its Dresser Industries subsidiary and signals that Halliburton's liabilities may be limited (S)
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HERCULES'S PROFITS WIPED OUT BY COURT DECISION
Date: 16 February 2002
By Bloomberg News
Bloomberg News
Appellate court upholds $10.9 million judgment against Hercules in case related to 1996 acquisition of Hercules's former composite-products business by Hercules Corp; decision wipes out company's $6 million fourth quarter net income; loss for $2001 is $58 million (S)
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SPRINT PCS TO CUT 3,000 JOBS, OR 9% OF ITS WORK FORCE
Date: 16 February 2002
By Bloomberg News
Bloomberg News
Sprint PCS will cut 3,000 jobs, or 9 percent of its staff, and shut five customer service centers to save $60 million a year (S)
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World Business Briefing | Europe: Germany: Stake Sale Canceled
Date: 16 February 2002
By Bloomberg News
Bloomberg News
BHW Holding AG, German lender, and BTA, holding company, cancel $1.3 billion stock sale because of insufficient demand (S)
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