Επανάληψη Πέμπτη 14 Δεκεμβρίου 1995

THE MEDIA BUSINESS;Microsoft and NBC News Hold a Little Satellite Chat

Date: 15 December 1995

By Bill Carter

Bill Carter

The imagery that accompanied yesterday's announcement of the joint venture between NBC and the Microsoft Corporation to create a new all-news cable channel was indeed dazzling. In a scene reminiscent of "Casablanca," the NBC News anchor, Tom Brokaw, appeared on a movie-sized video screen live from an airfield in Ramstein, Germany, a fleet of C-130 transport planes arrayed behind him as snow gently fell. Across the room, on another enormous screen, the scene was high-tech contemporary, as William H. Gates, the Microsoft chairman, appeared live by satellite from Hong Kong.

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NBC Selling Microsoft a Stake in Cable Channel

Date: 14 December 1995

By Bill Carter

Bill Carter

NBC and the Microsoft Corporation will announce a deal today under which Microsoft would buy a 50 percent interest in NBC's cable channel America's Talking as part of an effort to form an all-news channel that could challenge the Cable News Network, executives close to the negotiations said last night. Microsoft is expected to pay an estimated $100 million for the half-interest in the channel, which would be renamed since its format would no longer consist of all-talk programming. NBC would operate the channel, relying on its network news organization as well as its affiliate news service, which is based in Charlotte, N.C. NBC's affiliated stations are also expected to provide news material to the channel.

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CLINTON'S RATINGS OVER 50% IN POLL AS G.O.P. DECLINES

Date: 14 December 1995

By Richard L. Berke

Richard Berke

President Clinton has emerged from the Federal budget standoff with his highest public ratings in nearly two years, while House Republicans, particularly Speaker Newt Gingrich, have lost much of the good will they enjoyed after their sweep of Congress last year, the latest New York Times/CBS News Poll shows. Virtually every finding showed striking evidence of renewed political strength for the President: Mr. Clinton's job approval level has broken 50 percent for the first time in The Times's polling since February 1994. Americans have begun to give him more credit for a healthier economy. And they perceive Mr. Clinton as far more earnest than the Republicans in trying to find a solution to the budget impasse.

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SANDERS FINDS PRIME TIME IN TWO LOCKER ROOMS;Cornerback Might Be Giant's Main Target

Date: 14 December 1995

By Mike Freeman

Mike Freeman

What is sometimes lost in the commercials, the dances in the end zone, the Prime Time image, is that Deion Sanders is one of the best cover cornerbacks ever to play the game. He cannot rap, but the man can play football. The question is: How do you beat him? Many teams often go away from Sanders out of fear, but don't be surprised on Sunday if the Giants are bold and go right at him.

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NEWS SUMMARY

Date: 15 December 1995

International A3-21

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NEWS SUMMARY

Date: 14 December 1995

International A3-21

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COMPANY NEWS

Date: 14 December 1995

BLACK & DECKER TO SELL A TECHNOLOGY UNIT The Black & Decker Corporation of Towson, Md., agreed yesterday to sell PRC Inc., its information technology and services business, to Litton Industries for $425 million. The sale will allow Black & Decker, best known for its power tools and household appliances, to improve its balance sheet and to focus on core businesses, the company said. Proceeds will be used to pay down debt. Litton, of Woodland Hills, Calif., said PRC had estimated sales of about $720 million in 1995. PRC designs and supports computer-based information systems for the Federal Government, commercial customers and state and local governments. (Dow Jones)

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COMPANY NEWS;CLOTHESTIME TO CLOSE UNPROFITABLE STORES

Date: 15 December 1995

AP

The Clothestime Inc. will close 137 unprofitable stores by Jan. 31, eliminating 600 to 800 jobs, as part of its bankruptcy reorganization. Clothestime filed for protection from creditors last week, citing concerns about its ability to continue in a tough retailing environment. In a bankruptcy court filing late on Tuesday, the national retail chain said it expected its remaining 400 stores to generate $29.3 million in operating profit during the fiscal year ending Jan. 31. By contrast, the stores to be closed lost $804,000 last year and would have lost $2.7 million this year at the current pace.

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COMPANY NEWS;JUSTICE DEPARTMENT DROPS INVESTIGATION OF CATERPILLAR

Date: 15 December 1995

AP

The Justice Department has closed an antitrust investigation of Caterpillar Inc. without challenging the company's policies on spare-parts sales, the company said yesterday. The Government had been investigating whether Caterpillar used illegal tactics to control the spare-parts market, because several lawsuits that were filed against the company accused Caterpillar of shutting out dealers who would not cooperate with its policy. A Justice Department spokeswoman, Gina Talamona, said the department had halted an antitrust investigation of the construction industry but would not specifically discuss Caterpillar.

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COMPANY NEWS;PCS WIRELESS AND ADC TELECOMMUNICATIONS IN ALLIANCE

Date: 14 December 1995

Dow Jones

Dow Jones

PCS Wireless Inc. signed a letter of intent yesterday to form a strategic alliance with ADC Telecommunications Inc. Under the alliance, ADC Telecommunications agreed to subscribe for five million PCS Wireless common shares, representing 15.1 percent of the issued stock. PCS Wireless, based in Vancouver, British Columbia, also said an ADC Telecommunications appointee would join its board. The companies will also establish a joint venture to be owned 50 percent by each company. PCS Wireless said the new venture would be capitalized at $5 million in cash and cash equivalents. ADC Telecommunications, of Minneapolis, is a supplier of transmission and networking systems used to deliver voice, data and video services.

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