3 TV News Operations Unite To Provide Video to Affiliates
Date: 21 December 1999
By Bill Carter
Bill Carter
News operations of ABC, CBS and Fox agree to form cooperative service to supply video pictures of news events to affiliated stations of each network, but NBC News is expressly excluded; shared services, to be called Network News Service, will mainly involve video from news scenes; only rarely will coverage include voices of any reporters (M)
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In Libel Case, Court Rules 'Public Concern' Is a Factor
Date: 21 December 1999
By David Rohde
David Rohde
New York State Court of Appeals, in decision that could broaden protection from libel suits, issues ruling making it more difficult for people to sue news organizations over articles that disclose details of their private lives provided article raises issues of 'legitimate public concern'; ruling involves libel lawsuit filed by Charles Huggins, former husband of singer Melba Moore, over series of articles published in New York Daily News in 1993 (M)
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Columbine Parents Ask Sheriff To Resign Over Tapes of Gunmen
Date: 21 December 1999
By Michael Janofsky
Michael Janofsky
Parents of students who were killed at Columbine High School in Littleton, Colorado, call on Sheriff John Stone to resign for releasing videotapes made by Eric Harris and Dylan Klebold before their attack; photo of news conference; Stone admits he never watched tapes; Klebold's parents have asked court to turn over tapes to judge (S)
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Scandal Spokesman on Move, Eyes Wide Shut No More
Date: 20 December 1999
By John M. Broder
John
James Kennedy takes job in White House press office, ending his yearlong assignment as scandal spin controller for White House; move reflects subsidence of Washington scandal industry since Pres Clinton's acquittal on impeachment charges; photo (M)
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OLD NATIONAL SEEKING TO EXPAND IN INDIANA
Date: 21 December 1999
By Bloomberg News
Bloomberg News
Old National Bancorp will acquire Permanent Bancorp for about $92 million in stock (S)
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PACTIV, THE TENNECO SPINOFF, SELLS 4 BUSINESSES
Date: 21 December 1999
By Bloomberg News
Bloomberg News
Pactiv Corp, maker of Hefty garbage bags, will sell four businesses, for gain of $100 million in cash and tax benefits, in reorganization following spinoff from Tenneco Inc (S)
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CASTLE HARLAN AGREES TO BUY TAYLOR PUBLISHING
Date: 21 December 1999
By Bloomberg News
Bloomberg News
Castle Harlan Inc, merchant bank, will acquire Taylor Publishing Co for $93.48 million (S)
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Gasoline Prices Fall a Bit
Date: 21 December 1999
By Bloomberg News
Bloomberg News
Survey of 800 gasoline stations nationwide shows retail price of gasoline fell to $1.269 per gallon during week ended December 21, dropping from level that was highest in three-and-a-half years (S)
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TRADE SURPLUS NARROWS
Date: 21 December 1999
By Bloomberg News
Bloomberg News
Japan's merchandise trade surplus narrowed in November as stronger yen and recovering economy drew in record amount of imports; surplus narrowed to $5.8 billion after adjustment for seasonal changes; chart (S)
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American Tower Expands
Date: 21 December 1999
By Bloomberg News
Bloomberg News
American Tower Corp will acquire US Electrodynamics Inc for $60 million in cash and stock to provide Internet access to customers in Pacific Rim and India (S)
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