Το 4 Δεκεμβρίου 1995 ήταν Δευτέρα κάτω από το σύμβολο του αστεριού του ♐. Ήταν η 337 ημέρα του χρόνου. Πρόεδρος των Ηνωμένων Πολιτειών ήταν ο William J. (Bill) Clinton.
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Date: 05 December 1995
By Bill Carter
Bill Carter
ABC is expected to announce plans today to begin a 24-hour all news cable service to compete with CNN, executives familiar with the decision said last night. Robert A. Iger, the president of Capital Cities/ABC, is expected to make the formal announcement of the channel at a news conference today. ABC executives declined to comment on the announcement last night.
Date: 04 December 1995
By James Bennet
James Bennet
IN addition to causing considerable financial, psychological and even physical pain, the 18-week-old strike against the two daily newspapers here has yielded more than a little irony and just plain weirdness. One of the dailies, for example, has hired a labor reporter to replace a striking journalist. Among the obstacles he faces is that the unions in this labor town -- which is to say, the subjects of his beat -- will not speak to reporters who have crossed the picket lines at either paper, except to snarl at them.
Date: 04 December 1995
By Robert Edelman
Robert Edelman
In 1990, Vladimir Titorenko was a leading writer for the national sports daily in Russia, Sovetskii Sport. But as he began to write positive reports about the National Basketball Association, he faced increasing disapproval from hard-line editors, who were more interested in pushing coverage of the Olympic sports favored by the state: track and field, weight lifting and archery. The deputy director of Sovetskii Sport, Vladimir Kuchmi, had been experiencing similar frustration. So that spring he raised the idea of starting a politically independent sports daily and invited Mr. Titorenko to join him.
Date: 05 December 1995
By Linda Greenhouse
Linda Greenhouse
The Supreme Court refused today to consider whether California courts could allow damage suits for invasion of privacy over news articles that, while accurate, in a jury's view lacked sufficient "social value" to be "newsworthy." Without comment, the Justices turned down an appeal by The National Enquirer, the defendant in an invasion of privacy lawsuit brought by the mother of an illegitimate son of the actor Eddie Murphy. The magazine disclosed the existence of the mother and a 2-year-old boy, Christian Edward Murphy, and the financial arrangements that Mr. Murphy had made for his son.
Date: 04 December 1995
To the Editor: Re your Nov. 29 news article on the Singapore libel case: By paying the $214,285 fine and waiving the right to appeal, The International Herald Tribune accepts liability for flimsy charges by Government leaders in Singapore and throws into doubt the freedom of expression that should transcend American borders.
Date: 05 December 1995
Dow Jones
Dow Jones
The URS Corporation said yesterday that it would acquire Greiner Engineering Inc. for about $72.8 million in cash and stock. URS, a San Francisco-based design and construction management concern, said the combined company would have revenues of more than $330 million and would be the fifth-largest transportation engineering company in the United States. Shares of Greiner, based in Irving Tex., rose $3.625, or 39 percent, to $12.875 yesterday. URS's shares were up 12.5 cents, to $7, on the New York Stock Exchange. URS said it did not expect the acquisition to have a significant impact on its 1996 earnings.
Date: 05 December 1995
Reuters
Wallace Computer Services can use its "poison pill" to fight the Moore Corporation's $1.38 billion hostile takeover bid, a Federal judge in Delaware ruled yesterday. United States District Court Judge Murray Schwartz denied a request by Moore to strike down the takeover defense, but he also dismissed Wallace's counterclaim that a merger with Moore, which is based in Toronto, would violate United States antitrust laws. Wallace, based in Chicago, has rejected Moore's overtures for four months, even though about 73.5 percent of Wallace's shares have been tendered to Moore's $60-a-share offer. Wallace stock closed at $58.25 yesterday on the New York Stock Exchange, a gain of 37.5 cents. Moore needs 80 percent of the shares to defeat the poison pill; it urged Wallace shareholders to meet that requirement before Wallace's annual meeting on Friday.
Date: 05 December 1995
Dow Jones
Dow Jones
The CD-ROM publishers Graphix Zone Inc. and Starpress Inc. said yesterday that they expected to merge in a deal worth about $39 million. Ron Posner, chairman of San Francisco-based Starpress, said Graphix Zone would exchange about 4.4 million shares of common stock for all of Starpress. The transaction was worth about $39 million based on Graphix Zone's closing share price of $8.875 on Friday in Nasdaq trading. But its shares dropped $1.375, or 15.5 percent, to $7.50 yesterday. Charles R. Cortright, president of Graphix Zone, said the combined company would have about 55 CD-ROM titles with another 45 titles under development for release by the end of 1996.