No Longer In Love, Not Ready To Walk
Date: 16 October 1997
By Janet Elder
Janet Elder
Recent New York Times/CBS News Poll found that some Americans love their cars, others tolerate them and virtually no one can give them up; graph (Special Section, Cars) (M)
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On the Road, the Menace Is Always the Other Guy
Date: 16 October 1997
By Janet Elder
Janet Elder
Recent New York Times/CBS News Poll found that nearly two-thirds of drivers said their chances of being hurt in car accident were either same as or greater than they were 10 years ago; only one-third said they were less likely to be hurt, even though most of drivers said they wore seat belts; culprit named most often was poorly made cars, followed by bad drivers, more traffic and higher speed limits; graph (Special Section, Cars) (M)
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O'Neal to Cover Logo on Uniform
Date: 17 October 1997
By Bloomberg News
Bloomberg News
Shaquille O'Neal, Los Angeles Lakers center and Reebok International Ltd endorser, will tape over Nike Inc logo on his uniform (S)
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MARSH & MCLENNAN TO BUY MEXICAN INSURANCE BROKER
Date: 17 October 1997
By Bloomberg News
Bloomberg News
Marsh & McLennan Companies will buy Brockman y Schub Group, a Mexican insurance broker, for undisclosed price (S)
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WINSTAR PURCHASE OF U.S. ONE ASSETS IS APPROVED
Date: 16 October 1997
By Bloomberg News
Bloomberg News
Winstar Communications Inc wins approval from Federal bankruptcy judge to buy virtually all assets of US One Communications Corp for $100 million, $80 million in cash and $20 million in stock (S)
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PHILLIPS PETROLEUM TO BUY STAKE IN CANADIAN PROPERTIES
Date: 17 October 1997
By Bloomberg News
Bloomberg News
Phillips Petroleum Co agrees to buy Gulf Canada Resources Ltd's stake in some oil- and gas-producing properties in western Canada for $165 million (US) (S)
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NCR TO CUT 1,000 JOBS IN LATEST REVAMPING
Date: 16 October 1997
By Bloomberg News
Bloomberg News
NCR Corp says it will eliminate 1,000 jobs, or 2.6 percent of its work force, next year and give sales teams more authority in latest effort to increase sales; says its third-quarter loss narrowed to $9 million, from $33 million in year-earlier quarter (S)
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BTR TO ACQUIRE EXIDE ELECTRONICS FOR $352 MILLION
Date: 17 October 1997
By Bloomberg News
Bloomberg News
BTR PLC agrees to buy Exide Electronics Group Inc for $352 million in cash (S)
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FINISHMASTER SET TO ACQUIRE RIVAL FOR $68.8 MILLION
Date: 16 October 1997
By Bloomberg News
Bloomberg News
Finishmaster Inc says it agreed to acquire Thompson PBE Inc for about $68.8 million in cash (S)
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CORNING LOWERS OUTLOOK FOR GAIN FROM SALE OF UNIT
Date: 16 October 1997
By Bloomberg News
Bloomberg News
Corning Inc says it will amend terms of its sale of controlling stake in its housewares unit, reducing its value to $825 million from $975 million amid weaker sales and outlook for low earnings growth in 1998 for unit; buyer is company formed by AEA Investors Inc (S)
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