Media Talk; More Journalists Are Critical of the Media
Date: 05 April 1999
By Dylan Loeb McClain
Dylan McClain
Survey of 552 journalists and news media executives finds 40 percent of those working for national news organizations and 55 percent of those working for local outlets say news reports are increasingly marred by factual errors and sloppy reporting; figures are up from 30 percent and 40 percent, respectively, four years ago; survey conducted by Pew Research Center (S)
Full Article
In This War, CNN Has Real Competition
Date: 05 April 1999
By Lawrie Mifflin
Lawrie Mifflin
Yugoslav fighting brings into focus identity question about cable news channels CNN, MSNBC and Fox News Channel; during slow news periods, their success depends partly on flashy entertainment; during wars or disasters, their success depends on accuracy, speed, comprehensiveness and credibility of their reporting; CNN made its name on coverage of breaking news, and MSNBC has solid news reputation because it is offshoot of NBC News; as result, since Yugoslav war began, Nielsen ratings for both CNN and MSNBC have rocketed upward faster than those of Fox News Channel; prior to war breaking out, Fox News Channel was on ratings upswing fueled largely by its prime-time growth; Fox is only news network to show growth in both 24-hour and prime-time ratings from fourth quarter of 1998 to first quarter of 1999; photos (M)
Full Article
Reporter in Chiquita Case Reveals a Source in Court
Date: 06 April 1999
By Douglas Frantz
Douglas Frantz
Mike Gallagher, former investigative reporter for Cincinnati Enquirer, takes unusual turn in case involving and ethics in journalism by disclosing in court identity of confidential source for stinging collection of articles about Chiquita Brands International Inc; tells court George G Ventura, former lawyer for Chiquita, was crucial source for series of articles; Ventura was indicted in 1998 on 10 counts of helping Gallagher obtain illegal access to voice-mail system at Chiquita; pleaded guilty in plea bargain to two counts of stealing voice-mail messages; photos (M)
Full Article
HANGER TO BUY NOVACARE ORTHOPEDIC CLINICS
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Hanger Orthopedic Group Inc will buy 369 orthopedic clinics of industry leader Novacare Inc for $417 million in cash and $38 million in assumed debt (S)
Full Article
LUCENT TO BUY MOSAIX FOR $145 MILLION IN STOCK
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Lucent Technologies Inc to buy Mosaix Inc for about $145 million in stock (S)
Full Article
WELSH CARSON GETTING BANCTEC FOR $525 MILLION
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Banctec Inc agrees to be purchased by Welsh, Carson, Anderson & Stowe for $375 million in cash and $150 million in assumed debt (S)
Full Article
PUBLIC SERVICE AND PANDA FORM $1.3 BILLION VENTURE
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Public Service Enterprise Group Inc forms joint venture with Panda Energy International Inc to build three Texas power plants for $1.3 billion; venture, Texas Independent Energy, plans to have natural gas-fired plants in service by 2002 (S)
Full Article
GILLETTE SAYS FIRST-QUARTER EARNINGS TO FALL SHORT
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Gillette Co says first-quarter earnings per share will be about a penny below analysts' expectations (S)
Full Article
INTEL MAY CUT PROCESSOR PRICES AS MUCH AS 25 PERCENT
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Intel Corp is expected to cut prices on nearly all of its computer processors next week to increase demand and fend off competition; Advanced Micro Devices Inc says it will also cut prices on its K6-2 processors (S)
Full Article
CENTENNIAL HEALTH CARE SINKS AFTER BUYER PULLS OUT
Date: 06 April 1999
By Bloomberg News
Bloomberg News
Shares of Centennial Health Care Corp plunge as much as 88 percent after Welsh, Carson, Anderson & Stowe call off plans to buy nursing home operator, citing Medicare investigation by Federal Government (S)
Full Article