Where's Edward R. Murrow When You Need Him?
Date: 30 December 1997
By Walter Goodman
Walter Goodman
Walter Goodman Critic's Notebook column assesses television networks' news programs: NBC's Nightly News, anchored by Tom Brokaw, ABC's World News Tonight, with Peter Jennings, and CBS's Evening News, anchored by Dan Rather; comments on vagaries of a news program's popularity, noting that recently NBC and CBS have popped ahead of ABC, leader for many seasons; photos of anchors (L)
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On My Mind; A Year of Awakening
Date: 30 December 1997
By A. M. Rosenthal
A.
A M Rosenthal Op-Ed column says that press failed in 1997 to pay adequate attention to persecution of Christians worldwide, especially in China, and that when it did, it often missed the point (M)
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PLATINUM TECHNOLOGY SHARES RISE ON INTEL INVESTMENT
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Shares of Platinum Technology Inc rise after software company says Intel Corp invested in it, forming alliance to help develop products to manage computer systems; Platinum shares rise $4.17, to $28.17 (S)
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HOECHST WINS F.D.A. APPROVAL OF ALLERGY DRUG
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Hoechst AG wins US approval to sell its new combination allergy drug, Allegra-D, allowing it to take Seldane, its once highly successful product line, off the market; Seldane came under fire from Food and Drug Administration earlier this year because of problems with dangerous drug interactions (S)
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CITIZENS FINANCIAL TO BUY SUBURBFED FOR $55 MILLION
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Citizens Financial Services agrees to buy Suburbfed Financial Corp for about $55 million (S)
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GPU NEGOTIATING TO SELL THREE MILE ISLAND PLANT
Date: 31 December 1997
By Bloomberg News
Bloomberg News
GPU Inc is negotiating with potential buyer of its Three Mile Island and Oyster Creek nuclear power plants; company will not identify suitor because negotiations are still in early stages (S)
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REPUBLIC PLANS A CHARGE OF $100 MILLION TO $150 MILLION
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Republic Industries plans to take pretax charge of $100 million to $150 million in fourth quarter to cover costs of merging its Autonation used-car chain with its new-car dealerships (S)
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AVCO FINANCIAL TO BUY 80% STAKE IN ARGENTINE CONCERN
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Avco Financial Services Co, unit of Textron Inc agrees to pay $56.7 million for 80 percent of Financiera Argentina SA from Banco Frances SA (S)
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ALCOA CANCELS PLAN TO BUY REYNOLDS METALS MILL
Date: 31 December 1997
By Bloomberg News
Bloomberg News
Aluminum Co of America ends plans to buy Alabama aluminum rolling mill from Reynolds Metals Co for $250 million after Justice Department sued to block sale on antitrust concerns (S)
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SHAW SHUTTING 100 STORES AND CUTTING 600 JOBS
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Shaw Industries will close about 100 of its 450 carpet and floor-covering stores and eliminate 600 jobs; company, one of world's largest carpet makers, says cuts amount to about 2 percent of its work force at end of 1996; moves will result in fourth-quarter charge of about $22.8 million (S)
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