General Manager Is Replaced In a Reorganization at CNN
Date: 16 September 2003
By Jim Rutenberg
Jim Rutenberg
CNN announces reorganization meant to produce more compelling news programs; changes include management reshuffling in which Teya Ryan, manager of CNN's domestic network, will step down; will be succeeded by Viacom executive Princell Hair, whose main experience has been in local television news; CNN president Jim Walton says main change is fundamental shift in way CNN collects its news (M)
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World Briefing | Asia: China: Self-Immolation Attempt
Date: 16 September 2003
By Joseph Kahn (NYT)
Joseph NYT
New China News Agency reports man from Anhui Province tried to light himself on fire in Tiananmen Square to protest government seizure of his home; he was only slightly injured in attempt (S)
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CHIEF FINANCIAL OFFICER IS CHOSEN BY WARNACO
Date: 16 September 2003
By Bloomberg News
Bloomberg News
The Warnaco Group names Lawrence Rutkowski as chief financial officer, succeeding Jim Fogarty, who resigns (S)
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NORTHWESTERN CORP. IS SEEKING BANKRUPTCY PROTECTION
Date: 16 September 2003
By Bloomberg News
Bloomberg News
Montana-based NorthWestern Corp files for bankruptcy protection, with $1.76 billion of debt, after failing to refinance or sell stock; agrees to sell Expanets, communications service unit not part of Chapter 11 filing, to Cerberus Capital Management and TenX Capital Management Inc, for $107.5 million (S)
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WORLDCOM INCORRECTLY REPORTS INQUIRY IN VIRGINIA
Date: 16 September 2003
By Bloomberg News
Bloomberg News
WorldCom Inc makes mistake in bankruptcy court filing, incorrectly stating that federal prosecutor in Virginia was investigating its call-routing practices; will submit corrected filing as soon as possible; Federal prosecutors are examining WorldCom's call routing, as well as company's $11 billion in accounting misstatements (S)
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AMERICAN EQUITY IS SEEKING $247 MILLION IN OFFERING
Date: 16 September 2003
By Bloomberg News
Bloomberg News
American Equity Investment Life Holding Co plans to raise as much as $247.3 million in initial public offering (S)
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Technology Briefing | Telecommunications: Verizon Suit Is Dismissed
Date: 16 September 2003
By Bloomberg News
Bloomberg News
Federal Judge Mary Cooper dismisses Verizon Wireless' bid to sue official at Communications Workers of America for using its advertising slogan during conference call; Verizon Wireless had asserted that union vice president violated agreement by publicly using phase, 'Can you hear me now,' tagline used in Verizon advertising (S)
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Technology Briefing | Software: Pumatech To Acquire Synchrologic For $60 Million
Date: 16 September 2003
By Bloomberg News
Bloomberg News
Pumatech Inc acquires Synchrologic Inc for about $60 million (S)
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Technology Briefing | People: Chiron Chairman To Retire Next Year
Date: 16 September 2003
By Bloomberg News
Bloomberg News
Chiron Corp's chairman Sean P Lance will retire in May 2004; chief executive Howard H Pien to succeed him (S)
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