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Date: 23 August 2002
By Adam Liptak (NYT)
Adam NYT
California State Supreme Court declines to hear appeals of orders barring lawyers and witnesses in two criminal cases from talking to journalists (S)
Date: 23 August 2002
By Melody Petersen
Melody Petersen
CNN, in learning that some celebrities who talked on its news programs about their health problems were being paid by drug companies, issues new policy and will tell viewers about stars' financial ties to corporations; says it will ask celebrities who want to talk about medical issue whether they are being paid by company and if so, financial tie will be disclosed during interview; other news programs say that they have also become more careful after learning that some Hollywood celebrities they had interviewed, including stars like Lauren Bacall and Kathleen Turner, had been paid to help promote drugs or other medical products on their programs; dozens of movie, television and music stars, as well as sports celebrities, who are paid by drug and medical device companies, have appeared on talk shows and morning news programs in last year to discuss ailments they or people close to them have; they often mention drugs or other medical products by brand name without disclosing their ties to company (M)
Date: 22 August 2002
By Bloomberg News
Bloomberg News
Ford Motor Co is reviewing policies, including pay and evaluations, for about 127,000 salaried employees worldwide as it tries to improve worker morale (S)
Date: 22 August 2002
By Bloomberg News
Bloomberg News
Celestica Inc, Canadian maker of electronics, will dismiss 750 workers in Britain and Ireland because of lower demand (S)
Date: 23 August 2002
By Bloomberg News
Bloomberg News
Second-quarter earnings at Williams-Sonoma rose tenfold as company sold more home furnishings at full price at its Williams-Sonoma and Pottery Barn stores; cuts forecasts for same-store sales growth; net income in period ended Aug 4 rose to $14.1 million from $1.35 million year earlier; sales rose 16 percent, to $495.6 million (S)
Date: 22 August 2002
By Bloomberg News
Bloomberg News
GlaxoSmithKline asks International Trade Commission to block Novartis from importing to US generic version of Glaxo's antibiotic Augmentin, saying Novartis subsidiaries are using stolen production process; request is part of Glaxo of Britain's efforts to protect its $3-million-a-day US Augmentin market; follows federal judge's ruling in May invalidating Glaxo's patents on antibiotic, which generated more than $2 billion in sales worldwide last year (S)
Date: 23 August 2002
By Bloomberg News
Bloomberg News
Golden State Bancorp says shareholders approved Citigroup's planned $4.7 billion takeover of company; two banks expect to complete transaction by Sept 30, pending approval from federal bank regulators (S)
Date: 23 August 2002
By Bloomberg News
Bloomberg News
American Airlines will consolidate 5,000 of its staff members into 2 buildings from 11 by 2005, reducing annual costs by $6 million; American's parent, AMR Corp, sells its Centerport 2 site in Fort Worth, where American is based, for $10 million gain (S)
Date: 23 August 2002
By Bloomberg News
Bloomberg News
Men's Wearhouse lowers its earnings forecast for third quarter and year (S)
Date: 22 August 2002
By Bloomberg News
Bloomberg News
US Airways Group, operating under Chapter 11 bankruptcy protection, will eliminate about 200 flights, or 13 percent of its daily schedule, and take 31 aircraft out of service by end of year to lower costs (S)