U.S. News & World Report Decides to Replace Its Editor
Date: 30 June 1998
By Robin Pogrebin
Robin Pogrebin
James Fallows, editor of U.S. News & World Report, is dismissed after less than two years by magazine's owner, Mortimer B Zuckerman; he says Zuckerman is seeking change in direction of magazine and that both had fundamental differences over news coverage; statement by editorial director, Harold M Evans, confirms dismissal but gives no reason; says Fallows will be replaced by Stephen G Smith; photo (M)
Full Article
Liberties; Le Tout Swivet
Date: 01 July 1998
By Maureen Dowd
Maureen Dowd
Maureen Dowd Op-Ed column on US News & World Report owner Mort Zuckerman's dismissal of editor James Fallows (M)
Full Article
The Titillating, Zigzagging Focus on Sex at 1600
Date: 30 June 1998
By James Bennet
James Bennet
News analysis of independent counsel Kenneth Starr's probe of Pres Clinton's alleged sexual affair with former White House intern, Monica Lewinsky; more than five months after Lewinsky allegations were disclosed, abrupt and sometimes baffling swerves in direction have become norm in investigation, as well as in press accounts of it; even broadcast contours of story, as publicly glimpsed in grand jury appearances, keep shifting (M)
Full Article
Cincinnati Enquirer Workers Subpoenaed in Chiquita Case
Date: 01 July 1998
By Dirk Johnson
Dirk Johnson
Special prosecutor issues subpoenas to some Cincinnati Enquirer employees in wake of apology by newspaper for illegally obtaining voice mail messages used in expose of Chiquita Brands International Inc; Enquirer publisher Harry M Whipple declines to identify who has received subpoenas or how many were issued; Enquirer, which has also agreed to pay at least $10 million to Chiquita, had accused company of bribery scheme in Colombia and imperiling public health in Central America with pesticides on its banana crops (M)
Full Article
Questions Remain After Paper's Apology on Stolen Voice Mail
Date: 30 June 1998
By Felicity Barringer
Felicity Barringer
Article examines decision by Cincinnati Enquirer to offer apology and payment of $10 million to Chiquita Brands International Inc after discovering that reporters stole company's voice mail and used it in constructing articles on Chiquita's business practices; settlement has left journalists wondering how newspaper could have taken such sudden and sweeping step without retracting any of specific accusations (M)
Full Article
CARPENTER TECHNOLOGY SELLING TALLEY BUSINESSES
Date: 01 July 1998
By Bloomberg News
Bloomberg News
Carpenter Technology Corp sells John J McMullen Associates Inc, owned by its recently acquired Talley Industries, in leveraged buyout; agrees to sell Talley's Waterbury Cos to Waterbury's management team (S)
Full Article
YOUNG BROADCASTING WILL CONSIDER SALE OF COMPANY
Date: 30 June 1998
By Bloomberg News
Bloomberg News
Young Broadcasting Inc, television stations owner, puts itself up for sale, hiring Lazard Freres & Co to explore its options (S)
Full Article
SUNBEAM REVIEWING EARNINGS AND MAY RESTATE
Date: 01 July 1998
By Bloomberg News
Bloomberg News
Sunbeam Corp hires Deloitte & Touche LLP accounting firm to determine whether it must restate 1997 earnings; also weighs restating 1998 first quarter earnings (S)
Full Article
LIBERTY MUTUAL IN DEAL TO ACQUIRE FLORIDA INSURER
Date: 01 July 1998
By Bloomberg News
Bloomberg News
Liberty Mutual Group to buy Summit Holding Southeast Inc for $222.4 million, including assumption of $14.3 million of debt (S)
Full Article
OLSTEN EXPECTING A LOSS ON HOME-HEALTH BUSINESS
Date: 30 June 1998
By Bloomberg News
Bloomberg News
Olsten Corp expects to close 60 offices and report $34 million second-quarter loss because of charges for cutting back its home-health business (S)
Full Article