Web Sites on Opposite Coasts Cut a Deal for On-Line News
Date: 14 March 1997
By David W. Chen
David Chen
Wired News, San Francisco-based on-line affiliate of Wired magazine, chooses Feed, one of New York's oldest and best-known on-line magazine, to be its first-ever news bureau; photo of Feed magazine founders Stefanie Syman and Steven Johnson (M)
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A Caribbean Supplement
Date: 13 March 1997
By Iver Peterson
Iver Peterson
Daily News will begin on March 19 to publish once-a-month Sunday magazine supplement aimed at New Yorkers with roots in Caribbean; magazine to be called Caribbeat Monthly (S)
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CBS Makes It Official: Gumbel Is on the Team
Date: 14 March 1997
By Bill Carter
Bill Carter
CBS announces that it has signed Bryant Gumbel, longtime anchor of NBC's Today program, to deal that will give him his own prime-time news magazine program and three entertainment specials a year; he will also be co-owner of a company that will produce programs for syndication; his new salary is estimated at $5 million to $7 million a year, but most significant financial arrangement is partnership established between new production company to be formed by Gumbel and syndication arm of CBS, Eyemark; Gumbel comments; photo (L)
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The Murdoch Jolt
Date: 13 March 1997
By Mark Landler
Mark Landler
Analysis of Rupert Murdoch's plans to invest $1 billion in satellite television service; Murdoch said two weeks ago he planned to combine his satellite operations with Echostar Communications Corp to create new service called Sky; service could pose first genuine threat to cable television because it plans to beam local stations along with cable networks; some broadcasters are also unnerved because they fear that Sky will beam only local stations from major markets; that raises prospect that Sky customer living in Worcester, Mass, could begin getting local stations from Boston with 18-inch receiver dish (L)
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Once the Speaker's Spokesman, an Insider Prospers in Talking-Head Heaven
Date: 14 March 1997
By Francis X. Clines
Francis Clines
Tony Blankley, who was spokesman for Newt Gingrich in House Speaker's most combative phase, has left to join six-figure-income world of talking heads; he discusses his new jobs with CNN and George magazine, interview at gentleman's farm in Great Falls, Virginia; photo (S)
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Dollar Off Against the Mark, And the Pound Is Lower, Too
Date: 13 March 1997
By Bloomberg News
Bloomberg News
US dollar falls against the mark after Bundesbank president Hans Tietmeyer suggests that dollar's value has reached its peak; British pound tumbles to four-month low against the dollar (M)
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16.6% OF HERTZ TO BE OFFERED ON STOCK MARKET
Date: 14 March 1997
By Bloomberg News
Bloomberg News
Ford Motor Co will offer the public a 16.6 percent stake in its Hertz Corp car rental unit, selling 17.4 million shares in an initial public offering; shares will be offered at $21 to $24 (S)
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DILLON, READ NEGOTIATING REPURCHASE OF STAKE FROM ING
Date: 14 March 1997
By Bloomberg News
Bloomberg News
Dillon, Read & Co is in talks to buy back remaining stake in the firm held by ING Barings (S)
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REPUBLIC INDUSTRIES ADDS 2 DEALER GROUPS TO AUTO CHAIN
Date: 13 March 1997
By Bloomberg News
Bloomberg News
Republic Industries agrees to buy Chesrown Automotive Group and Bankston Enterprises for $104 million in stock, latest expansion of H Wayne Huizenga's chain of new-car dealerships (S)
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OHIO OFFICIALS BAR HEALTH INSURANCE MERGER
Date: 14 March 1997
By Bloomberg News
Bloomberg News
Ohio Department of Insurance rejects Columbia/HCA Healthcare Corp's proposed $299.5 million purchase of Blue Cross and Blue Shield of Ohio; Ohio officials say Columbia/HCA is not offering enough and that other offers were not adequately considered (S)
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