Political Memo; Race for California Governor Is Not Necessarily the News
Date: 06 May 1998
By Todd S. Purdum
Todd Purdum
Even though California's closely contested race for governor has taken significant turn--with polls indicating that Lieut Gov Gray Davis has edged ahead of richer, flashier rivals for Democratic nomination for first time in months--campaign is all but invisible on television news and only sporadically gets front-page newspaper coverage; some longtime veterans of California politics agree current election year marks new low for disinterest, in state where politics has often been much less of spectator sport than in places with more combative partisan traditions; recent statewide poll found that just six percent of voters were following news coverage of campaign very closely; news gap is attributed to state's broader fragmented political culture (M)
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Shocking? Well, Shockingly Familiar
Date: 07 May 1998
By Walter Goodman
Walter Goodman
Walter Goodman reviews Washington Classified, initial program in Fox News Channel's new documentary news series (M)
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Clinton Asks For Sanctions Against Starr
Date: 07 May 1998
By John M. Broder
John
Lawyers for Pres Clinton and senior White House aides Bruce Lindsey and Sidney Blumenthal file sealed motion asking Federal Judge Norma Holloway Johnson to hold independent counsel Kenneth W Starr in contempt of court for violating grand jury secrecy rules with 'flagrant leaks' to news organizations (M)
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Court Rebuffs Press's Bid for Access to Hearings
Date: 06 May 1998
By Neil A. Lewis
Neil Lewis
Federal appeals court rejects plea from news organizations to cover hearings on White House's executive privilege claim and other issues related to grand jury's probe of Pres Clinton's alleged affair with former White House intern Monica Lewinsky; rules opening hearings to public could compromise secrecy of information gathered by grand jury's criminal inquiry (M)
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Judicial Secrecy
Date: 06 May 1998
Editorial says Judge Norma Holloway Johnson's decision to reject Pres Clinton's claim of executive privilege regarding matters related to relationship with former White House intern Monica Lewinsky was correct, but that her decision to seal arguments between independent counsel Kenneth W Starr and White House over issue was disappointing setback for First Amendment and public interest (M)
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HEALTHSOUTH TO ACQUIRE NATIONAL SURGERY
Date: 07 May 1998
By Bloomberg News
Bloomberg News
Healthsouth Corp agrees to buy National Surgery Centers Inc for $590 million in stock (S)
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FOUNDATION HEALTH TO SELL UNIT FOR $290 MILLION
Date: 06 May 1998
By Bloomberg News
Bloomberg News
Foundation Health Systems Inc sells it workers' compensation unit to Superior National Insurance Group Inc, a unit of Superior National Corp, for about $290 million in cash (S)
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HORIZON BANCORP HIRES FIRM TO HELP IT WEIGH OPTIONS
Date: 07 May 1998
By Bloomberg News
Bloomberg News
Horizon Bancorp says it hired Baxter Fentriss & Co, investment bank, to look into possible mergers (S)
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CONTINENTAL AIRLINES TO BUY 25 JETS FROM EMBRAER
Date: 07 May 1998
By Bloomberg News
Bloomberg News
Continental Airlines Inc says it will buy at least 25 new 37-seat jets from Empresa Brasileira de Aeronautica SA, also known as Embraer, for $315 million, making Continental largest customer of Brazilian company's regional jets; Continental takes option to buy additional 50 aircraft (S)
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Metro Business; SPX Drops Offer for Echlin
Date: 07 May 1998
By Bloomberg News
Bloomberg News
SPX Corp withdraws its hostile takeover bid for Echlin Inc, two days after Echlin agrees to be acquired by Dana Corp in friendly $4 billion acquisition (S)
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