20. november 1998 var en fredag under stjernetegnet for ♏. Det var 323 dag på året. Præsident for USA var William J. (Bill) Clinton.
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20th of November 1998 News
Nyheder, som de udkom på forsiden af New York Times på 20. november 1998
LIFE BY DESIGN; The Life Sciences, on a Tear
Date: 21 November 1998
By John Maddox
John Maddox
Op-Ed article by John Maddox, editor emeritus of journal Nature, says in last 10 weeks there has been extraordinary torrent of reports from laboratories over world opening up prospect of radical innovations in medicine with profound implications for social life; says press has diligently reported these developments, but coverage has been nothing compared with that given to Pres Clinton's extramarital affair; says ultimate feasibility of these scientific developments is not much in doubt, which cannot be said of conclusions in Kenneth W Starr's report (M)
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A Self-Proclaimed Joe Friday Just Plays It Straight
Date: 20 November 1998
By Caryn James
Caryn James
Comment on Kenneth W Starr's media-television image, noting he has portrayed himself as image of rectitude, comparing himself with Joe Friday in his devotion to 'just the facts'; viewers find that Starr is man who can calmly talk circles around his opponents, trait that is not a bad quality in a lawyer, but which makes for bland television, primary arena in which impeachment process is being played out; Starr acknowledges that he is 'not a man of politics, of public relations, or of polls'; photo of Starr testifying before Judiciary Committee (M)
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On Very Long Day, Many Across U.S. Stifle a Yawn
Date: 20 November 1998
By Rick Lyman
Rick Lyman
Rick Lyman finds that many Americans are uninterested in watching House Judiciary Committee impeachment hearings; finds that there are signs that long-running 'Monica Lewinsky television series' is continuing to lose its grip on American imagination (M)
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WITH DEMAND FOR TRACTORS DOWN, DEERE PLANS LAYOFFS
Date: 20 November 1998
By Bloomberg News
Bloomberg News
Deere & Company, world's largest farm-equipment maker, will lay off about 2,400 workers for several weeks because of weakening demand in North America (S)
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CHAMPION ENTERPRISES IN DEAL TO ADD HOMES OF MERIT
Date: 21 November 1998
By Bloomberg News
Bloomberg News
Champion Enterprises Inc., the top United States maker of manufactured homes, agreed yesterday to buy the closely held Homes of Merit Inc. for an undisclosed price to expand in Florida. Homes of Merit is the largest builder of manufactured homes in Florida, with 1997 sales of about $120 million. The acquisition will add six plants to Champion's existing 60 and expand its high-end production. Champion, based in Auburn Hills, Mich., has bought or agreed to buy 15 companies, including Homes of Merit, since December and is now the third-largest United States retailer of prefabricated dwellings. Champion's shares rose rose 75 cents yesterday, to $21.3125, on the New York Stock Exchange.
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LIVENT RESUMES TRADING AFTER NEARLY 4 MONTHS
Date: 21 November 1998
By Bloomberg News
Bloomberg News
Almost four months after the stock was halted because of accounting irregularities, Livent Inc.'s shares opened far lower when they resumed trading yesterday. In the United States shares traded briefly before being halted again. Shares on the Toronto exchange closed at 50 cents (Canadian), or 32 cents (United States), down from $10.15 (Canadian) when trading was halted on Aug. 7. Two days ago, the Toronto-based producer of ''Ragtime'' and other Broadway shows filed for bankruptcy and restated more than two years of financial results, wiping out $85.1 million of earnings.
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BEA SYSTEMS SHARES FALL ON SALES GROWTH WARNINGS
Date: 21 November 1998
By Bloomberg News
Bloomberg News
The stock of BEA Systems Inc., the No. 2 maker of software for airline reservation systems, lost about half their value yesterday after the company issued a surprise warning that sales growth would slow because customers had delayed orders. Shares plunged $13.0625, to $13.9375, in trading of 20.2 million shares, making it the most active United States stock. The company, based in Sunnyvale, Calif., blamed recessions in Asia and economic slowdowns elsewhere for the delay in corporate purchases. BEA was founded in 1995.
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CONTINENTAL AIRLINES BUYS 10 PLANES FROM BOEING
Date: 21 November 1998
By Bloomberg News
Bloomberg News
Continental Airlines Inc., the fifth-largest United States carrier, bought 10 of the Boeing Company's 767-200 planes for flights to Europe and South America in an order valued at as much as $930 million. The airline said the long-haul planes, seating 176 passengers, would replace Boeing 747's and DC-10's that the carrier plans to retire. The new planes will begin arriving in 2000. The contract is a boost for Boeing's wide-body jet program, which is struggling because a recession in Asia cut sales in what was one of the fastest-growing plane markets. The airline also has the option to buy another 28 wide-body planes, typically used for longer flights, between 2000 and 2005.
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BLUE RANGE REJECTS BID BY BIG BEAR EXPLORATION
Date: 21 November 1998
By Bloomberg News
Bloomberg News
The Blue Range Resource Corporation, a petroleum company in Calgary, Alberta, yesterday rejected Big Bear Exploration Ltd.'s takeover offer, saying it expects to receive a higher bid. Blue Range said the company's assets are worth more than Big Bear's offer of about $5.50 (Canadian) a share, or a total of $194 million (Canadian). Big Bear also said it would assume debt of $105 million. The actual offer by Big Bear, which is also based in Calgary, is 11 of its shares for each Blue Range share. Blue Range has now made its financial and operating records available to would-be bidders. Gordon Ironside, the company's chief executive, has said he is hoping for a bid of at least $8 a share.
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SUNGLASS HUT SAYS IT HAS SHUT 149 UNPROFITABLE STORES
Date: 20 November 1998
By Bloomberg News
Bloomberg News
Sunglass Hut International, world's largest retailer of sunglasses, closes 149 stores and will close as many as 76 more by end of January 1999 (S)
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