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Date: 08 September 2001
By Bloomberg News
Bloomberg News
CBS subsidiary of Viacom Inc drops copyright-infringement lawsuit against Fox network unit of News Corporation; CBS had claimed that its Survivor show was imitated by Fox's Boot Camp (S)
Date: 08 September 2001
By Stephen Labaton
Stephen Labaton
Federal Appeals Court, Washington, DC, strongly signals intention to strike down two regulations that for decades have prevented nation's biggest broadcasters, cable companies and media conglomerates from expanding by taking over local television stations; three-judge panel expresses concern over alleged failure of regulators to justify adequately rule that prevents television network from owning stations that reach more than 35 percent of nation's households; raise concerns about second rule that prevents cable companies from owning television station in same community (M)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
AMR Corp, parent of American Airlines and Trans World Airlines, expects greater third-quarter loss than analysts forecast and 'significant' loss in fourth quarter (S)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
Chevron Corp's $46.3 billion purchase of Texaco Inc gains unanimous Federal Trade Commission approval (S)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
General Motors will end Oldsmobile production with its 2004 models (S)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
Jury decides that Johnson & Johnson must pay Boston Scientific Corp $8.3 million for infringing patent on stents that prop open clogged blood vessels; Boston Scientific sought $226 million (S)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
Genomic Solutions Inc will cut 25 percent of its work force and close Lansing, Mich, plant in attempt to achieve profitability in 2002; it will also purchase Cartesian Technologies Inc (S)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
Trump Hotels and Casino Resorts Inc submits plans to New Jersey officials to build $1.5 billion casino in Atlantic City (S)
Date: 09 September 2001
By Bloomberg News
Bloomberg News
HSBC Holdings Ltd's new rule requiring its analysts to publish as many negative recommendations on companies as positive ones may end up prompting investors to dump bank's own shares; HSBC was rated 'reduce' by its own securities unit one day after HSBC issued rule (S)
Date: 08 September 2001
By Bloomberg News
Bloomberg News
BP PLC, largest foreign investor in China, withdraws from bidding to build $14 billion natural gas pipeline across country; remaining contenders are Exxon Mobil and Royal Dutch/Shell Group (S)