Human
Date: 08 June 1997
By Kenzaburo Oe
Kenzaburo Oe
Article by Kenzaburo Oe of Japan, part of special magazine issue on how world views United States, lauds American media for reporting on personal details about people in news; deplores failure of Japanese press to humanize news; photo (M)
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Graduation Ends a Partnership Born in a Chicago Ghetto
Date: 09 June 1997
By Don Terry
Don Terry
Interview with LeAlan Jones and Lloyd Newman, high-school friends from Chicago ghetto who have won chain of journalism awards, including Peabody, for documentaries on public radio about life and death of Chicago's inner city; partnership is dissolving because of LeAlan's recent graduation; photo (M)
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Nikkei Down, the Yen Up
Date: 09 June 1997
By Bloomberg News
Bloomberg News
Stocks trade lower in Tokyo on June 9; benchmark Nikkei index of 225 issues closes down 261.93 points, at 20,223.82 (S)
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Safeco Is Said to Buy A Unit From Lincoln
Date: 09 June 1997
By Bloomberg News
Bloomberg News
Safeco Corp agrees to buy American States Financial Corp, Lincoln National Corp's property and casualty insurance unit, for about $2.7 billion (S)
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Machine Tool Orders Up 7.7% in April
Date: 09 June 1997
By Bloomberg News
Bloomberg News
Orders for machine tools rose 7.7 percent in April from month before, to $801 million, posting fourth monthly increase in five-month period; figures are from Assn for Manufacturing Technology and American Machine Tool Distributors' Assn (M)
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NEWS SUMMARY
Date: 09 June 1997
INTERNATIONAL A3-10 U.S. Hitting Snags in Effort To Open World Markets After early successes, Clinton Administration efforts to open global markets are hitting major snags, both at home and abroad. Recent setbacks, including efforts to open China's markets and to reduce the trade deficit with Japan, have produced a perception in some countries that America's trade push has slowed. A1 Irish Sense Shift After Vote Even as paper ballots were still being slowly tallied from parliamentary elections on Friday, most Irish seemed convinced that their new Prime Minister would be Bertie Ahern, 45, leader of Fianna Fail, the country's largest party. So far, Mr. Ahern and his coalition partners had won 81 seats, just short of the 84 needed for an outright majority. But granted support from only a handful of independent lawmakers, they could form a new Government. A3
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NEWS SUMMARY
Date: 08 June 1997
INTERNATIONAL 3-21 U.S. Sees Breakthrough On Refugees in Congo A special envoy sent by President Clinton said he won a breakthrough from President Laurent Kabila, who agreed to let the United Nations investigate reports of massacres of Hutu refugees in areas of the Congo controlled by Mr. Kabila's forces. The envoy, Bill Richardson, said a team would start work July 7. Mr. Kabila denied that his troops were guilty of misconduct. 1
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Legal Situation Is Confused On Web Content Protections
Date: 09 June 1997
By Matt Richtel
Matt Richtel
On-line businesses look to courts to impose law and order and to help protect their content; in one case, Ticketmaster Corp has sued Microsoft Corp, seeking to prevent links to its site from Microsoft content provider; Microsoft contends that essence of Web is that it permits largely unrestricted linking and roaming of content; emergence of such intellectual property questions coincides with increasingly profitable nature of Internet content (M)
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Fund Investors Warier on Technology
Date: 09 June 1997
By Floyd Norris
Floyd Norris
Market Place column tracks technology stocks; notes that technology mutual funds are taking in less cash than they used to when stock prices are rising, and are suffering larger outflows when prices fall; says this is indication that investors in these funds are much more nervous than they used to be; says their caution could make sector more vulnerable if bad news continues to arrive; graphs (M)
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MARKET TIMING
Date: 08 June 1997
MONDAY The Agriculture Department releases its weekly report on the condition of crops. TUESDAY President Clinton is scheduled to hold a news conference.
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