Publisher Who Resigned Urges Editors to Put Readers First
Date: 07 April 2001
By Felicity Barringer
Felicity Barringer
Jay T Harris, who stunned newspaper industry by resigning as publisher of San Jose Mercury News, tells audience of newspaper editors to resist tyranny of markets and cuts that harm their organizations; photo; Harris told Knight Ridder he would not accept rigid budget targets he believed would require layoffs (S)
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Decisions Made On Two Accounts
Date: 06 April 2001
By Stuart Elliott
Stuart Elliott
Mohegan Sun, casino and entertainment center in Uncasville, Conn, names Cliff Freeman & Partners to handle its advertising account, with billings estimated at $20 million; Sporting News selects DeVito/Verdi to handle its ad account, with billings estimated at $7 million (S)
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Autonomous Television in Russia
Date: 07 April 2001
Editorial says that while it is not easy to keep track of cast of characters wrestling for financial control of Russian independent television, outcome is important to sustaining democracy
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Texas Nears Creation of State Public-Defender System
Date: 06 April 2001
By Fox Butterfield
Fox Butterfield
Texas moves closer to creating its first statewide public-defender system after months of intense national scrutiny of its treatment of criminal defendants; bill approved unanimously by committees in both houses of Legislature would for first time set statewide standards and provide $12 million in state financing for system of representing indigent defendants; Texas is one of only four states that provides no money for that purpose; two years ago, then-Gov George W Bush vetoed far less comprehensive bill; supporters of measure say biggest impetus for change was news coverage of state's troubled system that accompanied Bush's presidential campaign; photo (M)
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AMR BID WINS TRANSPORTATION DEPARTMENT APPROVAL
Date: 07 April 2001
By Bloomberg News
Bloomberg News
The AMR Corporation's planned $4.2 billion purchase of Trans World Airlines Inc. received Transportation Department approval yesterday, leaving a bankruptcy court to give final clearance. The Justice Department approved on March 16 the purchase of T.W.A. by AMR, the parent of American Airlines, which is the second-largest carrier in the nation. A bankruptcy court in Delaware is expected to make a decision as soon as Monday. American's acquisition of T.W.A.'s domestic and international routes would let American ''expand its operations and improve its ability to compete with other airlines and alliances in international aviation markets,'' the Transportation Department said.
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MP3.COM, ONLINE MUSIC PROVIDER, IS FINED
Date: 07 April 2001
By Bloomberg News
Bloomberg News
The online music provider MP3.com must pay about $300,000 to the independent music label Tee Vee Toons for copyright infringement, a federal jury ruled yesterday. Tee Vee Toons, the largest independent label in the nation, asserted that MP3 infringed on its rights to 145 songs and asked for $8.5 million in damages. Tee Vee Toons, which is based in New York, is one of more than a dozen labels that have sued MP3.com for distributing their songs on the Internet. MP3.com, which is based in San Diego, stored digitized copies of Tee Vee Toons compact discs in its computers. It provided access to music from that database, allowing its subscribers to listen to CD's from their personal collections on any computer if they could show they already owned the disc.
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MEDINOL ACCUSES BOSTON SCIENTIFIC OF THEFT AND FRAUD
Date: 06 April 2001
By Bloomberg News
Bloomberg News
Medinol Ltd, supplier of stents used in artery-clearing angioplasties, sues Boston Scientific Corp, accusing it of stealing Medinol technology and of defrauding federal government; says Boston Scientific set up shell company to steal trade secrets, develop replacements for Medinol products and fraudulently obtained Food and Drug Administration approval; Boston Scientific has been trying to buy Medinol in dispute over delays in developing stents; delays caused Boston Scientific's market share in stents to drop to 17 percent last year from 30 percent in 1999 (S)
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WILLIS GROUP SAYS IT PLANS AN INITIAL PUBLIC OFFERING
Date: 06 April 2001
By Bloomberg News
Bloomberg News
Willis Group Holdings, world's third-biggest insurance broker, plans to sell shares in initial public offering (S)
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TEMPLE-INLAND TO BUY 10 CHESAPEAKE BOX PLANTS
Date: 07 April 2001
By Bloomberg News
Bloomberg News
Temple-Inland Inc., a maker of lumber and boxes, agreed to buy 10 box plants from the Chesapeake Corporation, based in Richmond, Va., for $120 million to add packaging sales in the Northeast. The plants are in Colorado, Indiana, Kentucky, New York, Ohio, North Carolina and Pennsylvania, said Donna Reynolds, a spokeswoman for Temple-Inland, which is based in Austin, Tex. The Chesapeake plants can make 100,000 tons of boxes a year, which could increase Temple output by about 5 percent. Chesapeake, which has struggled to meet profit forecasts, said in January that it planned to sell its box plants and other businesses to focus on making packaging for consumer products.
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PRUDENTIAL SAYS IT WON'T RAISE AMERICAN GENERAL BID
Date: 06 April 2001
By Bloomberg News
Bloomberg News
Jonathan Bloomer, chief executive of Prudential PLC, says that company will not raise its $20 billion bid for American General Corp, which was topped by American International Group (S)
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