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Date: 05 March 1998
By Eric Pace
Eric Pace
Fred W Friendly, former CBS News executive who was towering figure in evolution of news coverage on television, dies at age 82; his career discussed; photo (M)
Date: 05 March 1998
By James Barron With Jane H. Lii
James With
James Fallows, editor of US News & World Report, discusses 75th anniversary celebration for rival Time magazine; photo (S)
Date: 05 March 1998
By Warren Hoge
Warren Hoge
Rupert Murdoch, in interview published in Times of London, blames HarperCollins executives for clumsy way they dropped publication of book by Chris Patten, last British Governor of Hong Kong; decision is widely attributed to Murdoch's desire to avoid antagonizing leaders of China, where he has large media investments; newspaper and HarperCollins are part of Murdoch's News Corp (M)
Date: 05 March 1998
By Bloomberg News
Bloomberg News
Texas Instruments sells its 33 percent stake in money-losing joint venture making computer memory chips with Acer Inc, ending nine-year tie with Taiwan's largest computer maker (S)
Date: 05 March 1998
By Bloomberg News
Bloomberg News
ITT Industries to sell its Barton fluid measurement unit to Barton Instrument Systems LLC as it focuses on making pumps and valves; terms are not disclosed (S)
Date: 04 March 1998
By Bloomberg News
Bloomberg News
Marcus Cable Co receives unsolicited bids from two unidentified companies interested in buying cable-television company; chief executive Jeff Marcus says company is considering several options, including sale of entire company or public stock offering (S)
Date: 04 March 1998
By Bloomberg News
Bloomberg News
*Shares of Fine Host Corp plunge 64 percent in their first day of trading in two and a half months, after company disclosed it would restate results because of accounting problems; shares plunge $6.50, to $3.625 (S)
Date: 05 March 1998
By Bloomberg News
Bloomberg News
Harsco Corp to acquire Faber Prest PLC, which handles waste for steel industry, for $95 million in cash (S)
Date: 05 March 1998
By Bloomberg News
Bloomberg News
Mack-Cali Realty Corp, Cranford, NJ, to buy $450 million of office properties and has secured about $650 million in financing throgh sale of stock and debt (S)
Date: 05 March 1998
By Bloomberg News
Bloomberg News
Thomson-CSF, Europe's largest military electronics company, reports second-half profit rose to 1.66 billion francs ($276 million), from 349 million francs, while full-year net almost tripled, to 2.12 billion francs (S)