All News Media Inc.
Date: 07 January 2003
By Bill Kovach and Tom Rosenstiel
Bill Kovach
Op-Ed article by Bill Kovach and Tom Rosenstiel opposing Federal Communications Commission proposal to eliminate rules restricting how many news media outlets one company could own, both nationally and in single city; says this largely ignores public's interest in diverse and independent press; says Internet may offer Americans acccess to more information than ever, but studies also show that most Americans receive their news from handful of outlets, and that much of what appears on Internet is repackaged from those outlets; says FCC Chmn Michael K Powell has scheduled only one public hearing on proposal, and public should seize that opportunity to voice objections if it relishes independent press (M)
Full Article
Web Grows as Political News Source, but TV Dominates
Date: 06 January 2003
Pew poll finds 13 percent of respondents nationwide say they have gone online for election news, up from just six percent in 1998 midterm election; two-thirds say television is primary source of election information; 33 percent read newspapers for most of election news, down from 39 percent in 2000 (S)
Full Article
Metro Briefing | New York: Albany: Pataki Spokeswoman Named
Date: 07 January 2003
By James C. McKinley Jr. (NYT COMPILED BY ANTHONY RAMIREZ)
James McKinley
New York Gov George Pataki names Lisa Stoll to be his new director of communications, succeeding Michael McKeon, who is leaving administration (S)
Full Article
FORMER CHIEF OF HEALTHSOUTH IS RETURNING
Date: 07 January 2003
By Bloomberg News
Bloomberg News
HealthSouth Corp says Richard Scrushy, who stepped down as chief executive in August to head sponoff company, will return to that post; William Owens, who had been chief executive, will return to being chief financial officer (S)
Full Article
LIBBEY BUYS A GLASSWARE MAKER IN THE NETHERLANDS
Date: 07 January 2003
By Bloomberg News
Bloomberg News
Libbey Inc, glassware maker, acquires Dutch stemware maker Royal Leerdam from BSN Glasspack for about $44.3 million (S)
Full Article
PRODUCTION OF LOCKHEED FIGHTER PLANE IS CUT BY 15%
Date: 07 January 2003
By Bloomberg News
Bloomberg News
Production of Lockheed Martin Corp's F/A-22 fighter plane has been cut by about 15 percent to help pay for potential overruns of as much as $1 billion in development costs; production now calls for 276 jets (S)
Full Article
DELTAGEN, A BIOTECHNOLOGY COMPANY, CUTS WORK FORCE
Date: 07 January 2003
By Bloomberg News
Bloomberg News
Deltagen Inc reduces its work force to about 200 people as it discontinues its drug-development business and sheds two subsidiaries to save money (S)
Full Article
Technology Briefing | Hardware: Virage Falls On Earnings
Date: 07 January 2003
By Bloomberg News
Bloomberg News
Shares of Virage Logic Corp fall about 29 percent after it says first-quarter and sales are less than analysts' forecasts because customers deferred purchases; shares fall $2.80, to close at $6.87; graph (S)
Full Article
Technology Briefing | Software: Network Associates Buys Deersoft
Date: 07 January 2003
By Bloomberg News
Bloomberg News
Computer security provider Network Associates, looking to acquire technology to reduce amount of spam in e-mail inboxes, acquires privately held Deersoft, whose products test incoming e-mail and pick out unwanted messages (S)
Full Article
World Business Briefing | Americas: Canada: Bid For Miner Raised
Date: 07 January 2003
By Bloomberg News
Bloomberg News
Sherritt International Corp raises its unsolicited bid for rival Fording Inc, increasing cash portion of its 1.77 billion Canadian dollars ($1.13 billion) offer; Sherritt and partner Ontario Teachers' Pension Plan are offering 20 Canadian dollars per share in cash, up from 17.63 Canadian dollars, as part of bid that values Fording at 35 Canadian dollars per share (S)
Full Article
EMC Reports Strong Fourth-Quarter Sales
Date: 07 January 2003
By Bloomberg News
Bloomberg News
EMC Corp reports strong fourth-quarter sales, which were more than $1.47 billion (S)
Full Article