31. januar 1994 var en mandag under stjernetegnet for ♒. Det var 30 dag på året. Præsident for USA var William J. (Bill) Clinton.
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31st of January 1994 News
Nyheder, som de udkom på forsiden af New York Times på 31. januar 1994
THE MEDIA BUSINESS: Press; Journalists' acceptance of big fees for speeches brings a new round of questions about objectivity.
Date: 31 January 1994
By William Glaberson
William Glaberson
JOURNALISTS, who often question other people's ethics, sometimes squirm when their own are questioned. Lately, Sam Donaldson, co-anchor of "Prime Time Live" for ABC News, has been doing the squirming. He is Exhibit A in the current round of a periodic debate about moonlighting by celebrity journalists. At issue are the big fees for speeches that make some members of the Fourth Estate rich -- and that give critics of news organizations a chance to say that journalism is for sale.
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Abroad at Home; Running The Gantlet
Date: 31 January 1994
By Anthony Lewis
Anthony Lewis
Though he had no ground for complaint himself, Bobby Inman had a point. It is true that men and women named to high government office these days are often savagely abused. We ought to think about what has gone wrong. Lani Guinier, one of the victims, said on National Public Radio recently that what was said about her made her feel like Alice in Wonderland -- who was so transformed after she fell down the rabbit hole that she hardly knew who she was. The people who advised her on the confirmation process, Professor Guinier said, spoke "with a cynicism and a despair that were truly frightening."
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OCTEL COMMUNICATIONS AND VMX TO MERGE
Date: 01 February 1994
By Bloomberg News
Bloomberg News
The Octel Communications Corporation and VMX Inc. have signed a definitive agreement to merge in a $140 million stock swap that would solidify Octel's position as a market leader in the voice-processing industry. Under the proposed transaction, shareholders in VMX, based in San Jose, Calif., would receive one Octel share for every five VMX shares they own. Shares in VMX rose 81.25 cents, to $5, in Nasdaq trading yesterday, during which 4.9 million of its shares were traded. Octel dropped $1.50, to $26.25. The transaction would combine two leaders in the voice-processing industry.
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MELLON'S ACQUISITION OF DREYFUS IS QUESTIONED
Date: 01 February 1994
By Bloomberg News
Bloomberg News
The Mellon Bank Corporation's proposed $1.85 billion purchase of the Dreyfus Corporation, the mutual fund giant, is being questioned by the chairman of the House Energy and Commerce Committee. The chairman, John D. Dingell, Democrat of Michigan, saw "serious questions, a number of concerns raised by this transaction," an aide to the lawmaker said, adding that the concerns included possible violations of the Glass-Steagall Act, which says commercial banking and investment banking should remain separate. Mr. Dingell made his concerns known in a letter to Mellon, a company spokesman said yesterday. "It just raised a number of questions related to the transaction, and asked that we respond to them, which we intend to do," a Mellon spokesman said.
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VF COMPLETES ACQUISITION OF NUTMEG INDUSTRIES
Date: 01 February 1994
By Bloomberg News
Bloomberg News
The VF Corporation said yesterday that it had completed its acquisition of Nutmeg Industries, paying $308.5 million for 95 percent of the Nutmeg shares outstanding. Nutmeg was merged with VF's subsidiary, the Spice Acquisition Company, and becomes the surviving company, VF said. Earlier this month, Spice accepted all of the 17.63 million Nutmeg shares tendered, which was enough to satisfy the conditions of VF's offer to buy the company for $17.50 a share.
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THERMO ELECTRON UNITS TO BUY 6 BUSINESSES
Date: 01 February 1994
By Bloomberg News
Bloomberg News
The Thermo Electron Corporation of Waltham, Mass., said yesterday that two of its publicly traded subsidiaries would buy six businesses from the Houston-based Baker Hughes Inc. for about $134 million. All six are part of Baker's Envirotech Measurements and Controls group. Under the agreements, Thermo Instrument Systems Inc., which is 81 percent-owned by Thermo Electron, will buy Environtech Controls, Noran Instruments, TN Technologies and Tremetrics for about $93 million. In addition, Thermedics Inc., which is 52 percent owned by Thermo Electron, will buy Ramsey Technologies and Epsilon Industrial for about $41 million.
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Akzo-Nobel Deal Approved
Date: 31 January 1994
By Bloomberg News
Bloomberg News
Shareholders of Akzo N.V. have approved a merger with Nobel Industrier A.B. and agreed that the name of the new $10 billion Dutch-Swedish company will be Akzo Nobel N.V. Shareholders also approved the issuing of up to 17 million shares of Akzo common stock to replace Nobel's common and preferred shares.
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U.S. Incomes Outpaced Spending for December
Date: 01 February 1994
By Bloomberg News
Bloomberg News
Americans increased their personal incomes slightly faster than their spending last month, but their spending outpaced their paychecks for the year, a Government report showed today. For December, incomes increased six-tenths of a percent, while spending rose a more modest five-tenths of a percent, the Commerce Department said today.
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NEWS SUMMARY
Date: 01 February 1994
International A2-9 MARINES KILL 8 SOMALIS, U.N. SAYS United States Marines opened fire in a crowded street in Mogadishu, killing 8 Somalis and wounding 12, United Nations officials said. A1 GERRY ADAMS ON PEACE IN ULSTER Arriving in New York, Gerry Adams, head of the political arm of the Irish Republican Army, said Ulster's 25 years of warfare would enter a climactic stage toward peace. A1
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Market Place; Copley Pharmaceutical reports some good news for investors.
Date: 31 January 1994
By Milt Freudenheim
Milt Freudenheim
COPLEY PHARMACEUTICAL Inc., the embattled generic drug maker in the midst of a major recall and threatened by lawsuits, was able to report some good news on Friday. But investors will still have to wait for the other shoe to drop. Copley said the Food and Drug Administration had approved its versions of two widely used drugs that had recently lost patent protection: naproxen sodium tablets for arthritis pain, originated by Syntex, and Lopressor for high blood pressure and angina, a Ciba-Geigy drug.
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