Keep Clinton in Office, Most Say In Poll, but His Image Is Eroding
Date: 16 September 1998
By Richard L. Berke With Janet Elder
Richard Berke
New York Times/CBS News Poll finds public view of Pres Clinton's moral character has sunk to lowest level of his Presidency, but most Americans believe he is vigorous leader who should not be impeached or forced to resign; his job approval rating stands at 62 percent; only 39 percent view Clinton favorably, compared with 45 percent who do not; independent counsel Kenneth W Starr's report on his relationship with Monica S Lewinsky seems to have had little added impact on gradually shifting view of Clinton; Americans say they dislike Starr and suspect his motives; most say graphic sexual details in his report were unnecessarily salacious and intended to embarrass Clinton; 57 percent favor Congressional censure; graphs; tables (M)
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BAXTER TO TAKE CHARGES AND DISCONTINUE A PRODUCT
Date: 17 September 1998
By Bloomberg News
Bloomberg News
Baxter International Inc will take third-quarter charges of $293 million, mainly to settle breast-implant lawsuits, and will end production of blood substitute Hemassist; it will continue to develop experimental blood substitute acquired with its $188 million purchase of Somatogen Inc in May; it will cut about 100 employees as it closes Hemassist operations (S)
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AMBER REJECTS BID FROM ALBERTA AND EXPLORES OPTIONS
Date: 17 September 1998
By Bloomberg News
Bloomberg News
Amber Energy Inc rejects offer from Alberta Energy Co of $750 million (Canadian), or $499 million (US), and establishes board committee to seek alternatives (S)
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CUMMINS SEES REVENUE DROP AND SIZABLE CHARGE
Date: 16 September 1998
By Bloomberg News
Bloomberg News
Cummins Engine Co expects third-quarter revenue to fall as much as 10 percent below second quarter's $1.64 billion because of weak demand in Asia (S)
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STOCK SLUMPS ON SALES OUTLOOK FOR THIRD QUARTER
Date: 17 September 1998
By Bloomberg News
Bloomberg News
Shares of Gillette Co fall 10 percent as company says its third-quarter sales will be lower than a year earlier because of economic problems in Asia and Latin America (S)
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2 MUTUAL INSURANCE HOLDING COMPANIES PLAN TO MERGE
Date: 17 September 1998
By Bloomberg News
Bloomberg News
Acacia Mutual Holding Co and Ameritas Mutual Insurance Holding Co to merge to form more diversified financial services company; new concern will be called Ameritas Acacia Mutual Holding Co (S)
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ALLERGAN TO CUT 550 JOBS AND CLOSE FIVE PLANTS
Date: 16 September 1998
By Bloomberg News
Bloomberg News
Allergen Inc, world's second-largest maker of contact lens care products, to cut 550 jobs, or about 9 percent of its work force, over three years and to close five plants to improve its manufacturing efficiency (S)
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ALBERTA ENERGY BIDS CASH AND STOCK FOR AMBER ENERGY
Date: 16 September 1998
By Bloomberg News
Bloomberg News
Alberta Energy Co offers to buy struggling rival, Amber Energy Inc, for about $750 million (Canadian) in cash, stock and assumed debt (S)
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AUTO MAKER TO TRIPLE ITS STAKE IN SUZUKI MOTOR
Date: 17 September 1998
By Bloomberg News
Bloomberg News
General Motors Corp will pay $315 million to triple its stake in Suzuki Motor Corpof Japan; GM will raise its stake in Suzuki Motor to 10 percent from its current 3.3 percent; move comes as world's major auto makers are merging or forming alliances to improve competitiveness (S)
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CTS TO BUY A UNIT FROM MOTOROLA FOR $240 MILLION
Date: 16 September 1998
By Bloomberg News
Bloomberg News
CTS Corp to buy wireless components business from Motorola Inc for about $240 million (S)
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