The Nation; Dividing News From Sleaze in the Age of Flynt
Date: 17 January 1999
By Felicity Barringer
Felicity Barringer
Questions of news ethics and sleaze discussed with regard to coverage of Larry Flynt's revelations of sinfulness among Republicans in hot pursuit of Pres Clinton's indiscretions; Flynt photo (S)
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Judge Refuses To Open Files On a Suspect In 2 Bombings
Date: 16 January 1999
By Benjamin Weiser
Benjamin Weiser
Federal Judge Shira A Scheindlin refuses to open secret court files pertaining to former US Army sergeant suspected of conspiring with Osama bin Laden in bombing of two US embassies in Africa last August; turns down request by The New York Times, which has identified sergeant as Ali A Mohamed, former Egyptian army officer now beind held in high-security cell in New York; Times lawyer Adam Liptak protests secrecy (S)
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MAYTAG AGREES TO BUY JADE RANGE
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Maytag Corp acquires Jade Range for between $20 million and $25 million in cash and stock (S)5
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MONTGOMERY WARD PLANS TO CLOSE 56 STORES
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Montgomery Ward Holding Corp will shut 39 Ward stores and 17 Auto Express stores and dismiss about 4,000 workers as part of revamping aimed at making it profitable; company has been operating under bankruptcy court protection since July 1997 (S)
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POMEROY COMPUTER SERVICE BUSINESS TO GO PUBLIC
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Pomeroy Computer Resources Inc has split off its service business into new subsidiary that plans to go public through initial stock sale; Pomeroy Computer will retain controlling stake in unit, Pomeroy Select Integration Solutions Inc (S)/
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MAJOR GROCERY WHOLESALER CUTTING 220 JOBS
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Fleming Companies is cutting 220 jobs, or 12 percent of corporate staff, as part of its plan to reduce overhead expenses (S)
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TRUE NORTH SUING ITS FORMER FRENCH PARTNER
Date: 16 January 1999
By Bloomberg News
Bloomberg News
True North Communications Inc is suing French advertising company Publicis SA, its former global-alliance partner, for more than $60 million over what it contends is inadequate valuation of its stake in French company (S)
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Internet Auto Seller Plans to Offer Stock
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Autobytel.com Inc, which operates Web site for buying new and used vehicles, revives plans for initial public stock offering, more than one and half years after canceling earlier plans; company files with Securities and Exchange Commission to raise about $72 million by selling 4.5 million shares for estimated $16 each (S)
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30-Year Mortgage Rate Up
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Federal Home Loan Mortgage Coprp says average rate on 30-year fixed-rate mortgage rose to 6.83 percent in week ended Jan 15 from previous week's 6.79 percent (S)
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Delta Weighs Labor Move
Date: 16 January 1999
By Bloomberg News
Bloomberg News
Delta Air Lines Inc may begin contract talks early with its pilots; union for 8,000 Delta pilots asked last week to begin contract talks six months earlier than scheduled (S)9
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