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Date: 07 July 1998
By Walter Goodman
Walter Goodman
Walter Goodman assesses fiasco at CNN and Time magazine over CNN report that alleged, with no supporting evidence, that United States used lethal nerve gas against defectors; report was broadcast on CNN's new news magazine series 'Newsstand: CNN and Time,' and repeated in Time magazine; CNN producers who patched together 'expose' have been dismissed, and CNN and Time have apologized; photo (M)
Date: 07 July 1998
By Felicity Barringer
Felicity Barringer
Hundreds of angry Cable News Network staff members in Atlanta headquarters and bureaus worldwide demand to know why network's top managers were allowed to remain on job after recent apology and repudiation of report that US military used nerve gas during Vietnam war against defectors; Tom Johnson, news group chairman, says his offer of resignation has twice been rejected by top executives at parent, Time-Warner; unidentified CNN spokesman says reporter Peter Arnett's role as correspondent on program is being re-evaluated; Arnett says he was late addition to reporting team and basically read script (M)
Date: 06 July 1998
By Robin Pogrebin
Robin Pogrebin
Magazine publicists are proliferating as magazines devote increasing energy, resources and sophisticated tactics to promoting themselves; seek news media attention for their publications that spurs circulation and advertising sales (M)
Date: 06 July 1998
By Clifford Krauss
Clifford Krauss
Independent Peruvian journalists--who have long been subject to arrests, bombings, wiretapping and other overt forms of censorship--find themselves in middle of new campaign ostensibly by competing news organizations that has galvanized local news media to hold unusual unity protests; daily articles in mainstream press questioning character and patriotism of leading reporter, Angel Paez, and nine others who have also investigated corruption and human rights abuses have inspired solidarity among international press groups and even drawn Clinton Administration into fray in support of reporters; appears to have been orchestrated by Government security officials; Pres Alberto K Fujimori promises investigation; acknowledges Government officials may be involved, but says it is without his authorization; several journalists say they believe Fujimori; say anti-press campaign illuminates fissures between him and senior military and intelligence officials (M)
Date: 06 July 1998
By Felicity Barringer
Felicity Barringer
Boston Globe's probe of Patricia Smith, columnist who resigned after it was discovered she invented some of people she described, finds 48 more questionable columns; photo (S)
Date: 07 July 1998
By Bloomberg News
Bloomberg News
Verisign Inc buys Secure It, rival Internet services company, for about $69.1 million of stock (S)
Date: 07 July 1998
By Bloomberg News
Bloomberg News
Fairchild Corp, dropping earlier plan to spin off its technology unit and other interests, will spin off its fastener business under name Fairchild Fasteners; says it wants to sell its Turkish can maker and its Long Ilsand real estate holdings and find merger partner or 'strategic ally' for Fairchild Technologies unit (S)
Date: 07 July 1998
By Bloomberg News
Bloomberg News
Pierce Leahy Corp buys four records-management companies, Kestrel Data Management & Storage, Data Protection Services Inc, Bender Records Management and Keystone Records Storage, for $57 million in cash (S)
Date: 07 July 1998
By Bloomberg News
Bloomberg News
Davel Communications Group will buy Peoples Telephone Co for about $111 million in stock and assumption of $100 million in debt (S)
Date: 07 July 1998
By Bloomberg News
Bloomberg News
United Video Satellite Group Inc seeks to acquire Gemstar International Group Ltd for $2.8 billion in cash (S)