28. november 1995 var en tirsdag under stjernetegnet for ♐. Det var 331 dag på året. Præsident for USA var William J. (Bill) Clinton.
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Date: 29 November 1995
By Bloomberg Business News
Bloomberg News
Rupert Murdoch said today that he planned to start a 24-hour all-news cable television network to compete with the Cable News Network. "It's about time CNN was challenged," Mr. Murdoch told 250 business executives at Boston College's Chief Executives Club.
Date: 29 November 1995
By William Glaberson
William Glaberson
The International Herald Tribune agreed on Monday to settle the last of three libel cases brought against it in Singapore courts because of two opinion articles that officials of the authoritarian Government said defamed them. In the settlement, the paper agreed to pay $214,285 to Lee Kuan Yew, the former Prime Minister, who has dominated the politics of the Southeast Asian city-state for 30 years, officials of the paper said.
Date: 29 November 1995
By Neil MacFarquhar
Neil MacFarquhar
Editors at The Star-Ledger of Newark said today that they were ordered to vacate their City Hall office just hours after they warned city officials that they planned to go to court to obtain public documents that might be related to a Federal corruption investigation. Charles Cooper, managing editor of The Star-Ledger, said the eviction notice was slipped through the mail slot in the room the bureau occupies on the second floor of City Hall about 90 minutes after the newspaper's lawyers formally notified the administration of Mayor Sharpe James that it would go to court on Friday to obtain the papers. The eviction order takes effect on Friday.
Date: 28 November 1995
By Adam Clymer
Adam Clymer
Senator Bob Dole of Kansas, the majority leader, chose not to make a formal, nationally televised response to President Clinton's Bosnia speech tonight, though he agreed to do two brief interviews. He did not have a Republican position to present, and he had no incentive to offer his own opinions even though no other Congressional view matters as much as his. As Senate leader, Mr. Dole controls the calendar. As a wounded World War II veteran, he commands respect on issues of war and peace in the Senate, where the old-fashioned internationalism that spread from Wall Street Republicans in the late 1930's to Main Street in the 1950's is still alive, and NATO remains a concept of consequence.
Date: 28 November 1995
Reuters
The International Business Machines Corporation plans to start a new business unit to focus on developing software products for the Internet. An I.B.M. spokeswoman, confirming a report in Computer Reseller News, an industry publication, said the company hoped to create new division by the end of the year. An example of the type of software that the new unit would be expected to develop is I.B.M.'s Web Explorer, which helps users navigate the World Wide Web on the Internet, the company said. I.B.M. has not decided who will run the division, which will report to John Thompson, senior vice president and head of software operations.
Date: 29 November 1995
Bloomberg Business News
Bloomberg News
I.B.M. said yesterday that it planned to buy back as much as another $2.5 billion worth of its common shares. The International Business Machines Corporation, which is based in Armonk, N.Y., authorized a $2.5 billion buyback on Jan. 31 and a further buyback of $2.5 billion on July 25. I.B.M. said it had bought back about $4.2 billion worth of its common stock this year. The computer giant's shares were up $1.25 yesterday, at $97.125, on the New York Stock Exchange.
Date: 29 November 1995
AP
Cabletron Systems of Rochester, N.H., said yesterday that it would pay $77.5 million to acquire a unit of the Standard Microsystems Corporation that makes switches designed to increase the speed of local-area computer networks. The faster electronic switching capability is needed to accommodate systems and applications that combine voice, video and data capabilities, said Cabletron, which makes a range of products for computer networks. The company's stock rose $4.25, to $80, on the New York Stock Exchange. The stock of Standard Microsystems, which is based in Hauppauge, L.I., rose 75 cents, to $21.75
Date: 29 November 1995
Dow Jones
Dow Jones
The board of Merck & Company approved a $3 billion stock repurchase program yesterday. The company, which is based in Whitehouse Station, N.J., said the stock would be repurchased on the open market and in privately negotiated transactions. The shares will be available for use in the company's employee benefit programs and for general corporate purposes. The buyback is in addition to a $2 billion repurchase authorized in November 1994, the company said. Through Sept. 30, Merck had spent $1.3 billion to repurchase 29 million shares under that plan. Merck has about 1.23 billion shares outstanding. The company's shares closed yesterday at $59.50, up 87.5 cents, on the New York Stock Exchange, before the repurchase was announced.