Where the News is Local All the Time
Date: 02 July 2000
By Elsa Brenner
Elsa Brenner
Article growing number of independent local news Web sites in Westchester County, NY; authors say sites, which do not generate income, are intended to offer the public alternatives to traditional news media; photos (M)
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Senior Editor at The Daily News Resigns to Take an Internet Post
Date: 01 July 2000
By Alex Kuczynski
Alex Kuczynski
Arthur Browne, senior managing editor at New York Daily News, resigns to take job at Internet company; Browne does not disclose name of company or what his position will be; since March, when Edward Kosner was named editor in chief of Daily News, there have been numerous resignations in upper management (M)
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BUYOUT OF RESCARE IS HALTED BY INVESTOR GROUP
Date: 01 July 2000
By Bloomberg News
Bloomberg News
ResCare Inc, which provides education services to people with mental and developmental disabilities, says proposed acquisition by investor group was canceled by mutual agreement (S)
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ABBOTT WITHDRAWS APPLICATION FOR AN IMPOTENCE PILL
Date: 01 July 2000
By Bloomberg News
Bloomberg News
Abbott Laboratories and Takeda Chemical Industries withdraw application for approval of impotence pill Uprima, once seen as possible competitor to Viagra, which is made by Pfizer (S)
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CELGENE, THALIDOMIDE MAKER, ADDS SIGNAL
Date: 01 July 2000
By Bloomberg News
Bloomberg News
Celgene Corp, maker of thalidomide, will pay about $196.6 million in stock for Signal Pharmaceuticals Inc, which develops drugs that regulate genes linked to diseases (S)
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ANALOG DEVICES IS BUYING BCO OF NORTHERN IRELAND
Date: 01 July 2000
By Bloomberg News
Bloomberg News
Analog Devices Inc, maker of high-speed communications chips, will acquire BCO Technologies, electronics-components maker based in Northern Ireland, for about $150 million in cash (S)
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CHESAPEAKE ENERGY IN DEAL TO BUY GOTHIC ENERGY
Date: 01 July 2000
By Bloomberg News
Bloomberg News
Chesapeake Energy Corp, natural gas exploration company, will buy rival Gothic Energy Corp for $28 million in stock and will assume $316 million in debt (S)
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STEADY CANADIAN OUTPUT
Date: 01 July 2000
By Bloomberg News
Bloomberg News
Canada's gross domestic product was little changed in Apr at 774.6 billion Canadian dollars (US $522.8 billion), compared with revised 774.9 billion Canadian dollars in Mar; rose 4.3 percent from Apr 1999 (S)
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In Favor of More Disclosure
Date: 02 July 2000
By Bloomberg News
Bloomberg News
Securities and Exchange Commission's proposal to require mutual funds to disclose after-tax performance to investors has drawn favorable comment from some individual investors; some fund companies, including Fidelity Investments, Charles Schwab and Vanguard, already disclose after-tax returns (M)
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NEWS SUMMARY
Date: 02 July 2000
INTERNATIONAL 3-8 China Aid to Pakistan Complicates Vote on Trade American intelligence agencies say that China has continued to aid Pakistan's effort to build long-range missiles that could carry nuclear weapons, according to officials. The revelations are complicating President Clinton's effort to win quick Senate passage of a bill establishing normal trade relations for China. 1
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