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Date: 15 November 2002
By Benjamin Weiser (NYT COMPILED BY ANTHONY RAMIREZ)
Benjamin NYT
Four news orgns asks federal judge for access to secret government report on how FBI obtained confession from Egyptian student, Abdallah Higazy, once suspected of being Sept 11 conspirator; news orgns are New York Times, CNN, Newsday and Daily News (S)
Date: 16 November 2002
By Kim Andrew Elliott
Kim Elliott
Kim Andrew Elliott Op-Ed article says however US tries to promote American values and achievements abroad, it should not use international broadcasting agencies like Voice of America to disseminate propaganda; says independent journalism that provides more comprehensive and reliable information that people can obtain from their domestic media is best way to win world's respect
Date: 15 November 2002
By Philip Taubman
Philip Taubman
Editorial Notebook by Philip Taubman describes visit to royal palace in Riyadh by small group of American and British journalists invited to attend session with Saudi Crown Prince Abdullah; notes they were not allowed to question Abdullah, who is surrounded by fawning aides; says Abdullah is by all accounts thoughtful, uncorrupted ruler, but he operates in world so distorted by sycophancy that it is unlikey he can see full dimension of problems his country faces (M)
Date: 15 November 2002
By Erik Eckholm
Erik Eckholm
China's Communist Party names Hu Jintao as new chief; sweeping generational shift of leadership is achieved through most orderly transition in party's 81-year history; Hu is 59-year-old insider known as brilliant and bland; new leaders are selected by small group in total secrecy; Hu and eight other members of expanded ruling council then appear before reporters and national television audience; Hu pledges continuity with policies of Jiang Zemin, whose drive to broaden party and overhaul economy while keeping tight lid on politics is endorsed by just-ended 16th Party Congress; Wu Bangguo, protege of Jiang Zemin, is given No 2 ranking in party elite; four other men seen as close allies to Jiang are also appointed to inner circle; Jiang will remain state president until Parliament meets in Mar, when Hu is expected to take over that title as well; whether Jiang will give up his third post, chairman of military, is unclear; enormous turnover in leading party councils is result of recent unwritten rule that officials older than 70 should step down; Hu and his colleagues are expected to proceed cautiously and in unison; photos of members of China's new Standing Committee of the Politburo (M)
Date: 15 November 2002
By Bloomberg News
Bloomberg News
Honeywell International says it might spend $900 million to finance its pension plan and might not have sufficient insurance for asbestos claims; share price declines 8 percent, or $2.09, to $23.16; company will take $1.7 billion charge against equity because of pension plan losses; about $2 billion insurance remaining to pay for asbestos lawsuits involving its former North American Refractories division may not cover settlement costs (S)
Date: 16 November 2002
By Bloomberg News
Bloomberg News
Bristol-Myers Squibb receives federal approval for Abilify, medication for schizophrenia that analysts estimate could generate more than $700 million in annual sales; drug is licensed from Otsuka Pharmaceutical Co (S)
Date: 16 November 2002
By Bloomberg News
Bloomberg News
FleetBoston Financial Corp closes its Nasdaq Stock Market dealer, Fleet Trading, because of lessened trading volume and unprofitability (S)
Date: 15 November 2002
By Bloomberg News
Bloomberg News
Starbucks Corp reports 9.8 percent fourth-quarter earnings rise, to $58.5 million; sales gain 25 percent, to $865.2 million (S)
Date: 15 November 2002
By Bloomberg News
Bloomberg News
Clorox Co and Procter & Gamble Co will undertake joint venture to develop more products for Glad bags, wraps and containers; P&G will have initial 10 percent ownership in venture and contribute some patents and technology; Clorox will administer joint venture (S)
Date: 16 November 2002
By Bloomberg News
Bloomberg News
Poland's annual inflation rate cooled off in October on reduced liquor prices and lagging consumer demand.