Democrats Struggle to Stand Out in a Debate
Date: 22 August 2001
By Adam Nagourney
Adam Nagourney
New York's four major Democratic mayoral candidates hold televised debate, tussling over issues large and small as they struggle to distinguish themselves in contest that has yet to draw much public attention; photos; Peter Vallone, Mark Green, Fernando Ferrer and Alan G Hevesi make point of maintaining decorum, but later grow testy in debate, which is sponsored by The New York Times and New York 1 News; Vallone, attacked by Hevesi, later issues statement that he will support bill curbing protests at abortion clinics; exchanges on crime and policing noted (M)
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World Briefing | Asia: Nepal: Treason Charges Dropped
Date: 21 August 2001
By Celia W. Dugger (NYT)
Celia Dugger
Nepal's new government drops sedition charges against executives of newspaper Kantipur jailed after paper printed column by Maoist leader during crisis that followed royal family massacre (S)
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GENERAL MOTORS AFFIRMS PROFIT OUTLOOK
Date: 22 August 2001
By Bloomberg News
Bloomberg News
General Motors Corp affirms its third-quarter profit outlook and production for year, four days after Ford Motor Co lowers its earnings forecast; third-quarter profit at GM will be about 83 cents a share, and production is expected to remain at about 1.23 million units (S)
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JEFFERIES GROUP TO ACQUIRE LAWRENCE HELFANT
Date: 21 August 2001
By Bloomberg News
Bloomberg News
Jefferies Group, securities firm specializing in institutional trading, acquires Lawrence Helfant LLC, expanding its trading capabilities on New York Stock Exchange (S)
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TRADING OF PROFESSIONAL DETAILING SHARES IS HALTED
Date: 22 August 2001
By Bloomberg News
Bloomberg News
Professional Detailing Inc, which markets drugs for pharmaceutical companies, says it might end agreement with GlaxoSmithKline after US Appeals Court overturns order blocking generic version of Glaxo's antibiotic Ceftin; court ruled on Aug 20 that Glaxo was unlikely to prove that generic drug by Ranbaxy Laboratories of New Delhi, India, infringed its patent on cefuroxime axetil, chemical name for Ceftin (S)
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CALLAWAY, MAKER OF GOLF CLUBS, ELECTS A CHAIRMAN
Date: 21 August 2001
By Bloomberg News
Bloomberg News
Callaway Golf Co elects Ronald Drapeau chairman to succeed its late founder, Ely Callaway (S)
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GOODYEAR CUTS PRODUCTION AS SALES TO AUTOMAKERS FALL
Date: 22 August 2001
By Bloomberg News
Bloomberg News
Goodyear Tire and Rubber Co will reduce production by unspecified amount through September because of decline in sales to automakers (S)
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F.T.C. SEEKS MORE INFORMATION ON BIOTECHNOLOGY DEAL
Date: 22 August 2001
By Bloomberg News
Bloomberg News
PerkinElmer Inc and Packard BioScience Co says Federal Trade Commission has requested additional information regarding PerkinElmer's purchase of Packard; PerkinElmer, which makes genetic-screening equipment and laboratory instruments, announced last month that it would pay $650 million for Packard BioScience (S)
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GUIDANT SHARES RISE ON WORD OF WORK WITH STENTS
Date: 22 August 2001
By Bloomberg News
Bloomberg News
Shares of Guidant Corp rise more than 11 percent after it says it will work with Cook Inc in effort to bring to market new stent--tube to prop open clogged arteries--that is coated with drugs to stop artery from becoming blocked again; Guidant says deal will cut its schedule to bring drug-coated stent to market by six months, which analysts say would narrow lead of Johnson & Johnson to six to nine months (S)
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BOEING TO EXPAND FACTORY WHERE SATELLITES ARE MADE
Date: 21 August 2001
By Bloomberg News
Bloomberg News
Boeing Co will expand factory in El Segundo, Calif, by about 30 percent as it transfers work force from Seal Beach, Calif; factory has orders for more than 38 satellites and will add 12 Air Force satellites that were to be made in Seal Beach; company acquired El Segundo factory when it bought Hughes Electronics Corp's satellite-making business last year; Seal Beach plant has been unused, so there is no effect on jobs (S)
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