Daily News Opens a New Front in the Tabloid War; Free Paper Raises Stakes in Battle With Post
Date: 11 September 2000
By Felicity Barringer With Jayson Blair
Felicity With
The Daily News will offer new afternoon newspaper for free, called Express, heating up New York City's long-running tabloid war; New York Post responds by cutting its newsstand price to 25 cents from 50 cents within city limits; observers say intensity of current battle reflects willingness of combatants to incur short- or medium-term losses in pursuit of long-term dominance; high-profile introduction of Express generates guarded excitement among advertisers, who are worried about reader erosion; The News, which had circulation of more than million decade ago, now has circulation of 700,000; photo; map; chart (M)
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Local TV Uncovered National Scandal
Date: 11 September 2000
By Jim Rutenberg
Jim Rutenberg
Local television news program was first to report on problems involving Firestone tires on Ford Explorers; KHOU-TV in Houston, CBS affiliate, first reported in February that possibly defective tires may have caused number of deaths; Anna Werner, reporter for station, was initially told by National Highway Traffic Safety Administration that it had no significant information about issue; Firestone's initial response was that Werner's report delivered false message; photo (M)
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Peekskill Newspaper Folds In Face of Competition
Date: 10 September 2000
By Elsa Brenner
Elsa Brenner
Peekskill-Cortlandt Herald, unable to compete with Star, Gannett's weekly supplement to Journal News, ceases operations (S)
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Making More Air Time for Water Polo, Archery, Team Handball and Canoeing
Date: 10 September 2000
By Richard Sandomir
Richard Sandomir
CNBC and MSNBC plan to render broad coverage of variety of sporting events at Summer, 2000, Olympic Games; photos (M)
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Philippine Rebels Free Last of Vacationing Westerners
Date: 10 September 2000
By Seth Mydans
Seth Mydans
Philippine Muslim rebels free last four Western hostages, more than four months after 21 people were seized from beach resort on nearby Malaysian island; ransom for final French, German and Finnish hostages is reportedly $1 million each, part of $25 million promised to kidnappers by Libya, which acted as go-between; gunmen still hold two French television journalists who traveled to island to interview them and 12 Filipino evangelical Christians; photo (M)
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Cheney Varnishing a Campaign Style Seen as Wooden
Date: 11 September 2000
By Michael Cooper
Michael Cooper
Dick Cheney, Republican vice presidential candidate, is making some readjustments to combat reputation for woodenness, not unlike that of Vice Pres Al Gore; so-called 'tax families' have become fixture on campaign trail; began popping up after Gov George W Bush acknowledged that he needed to do better job explaining his proposed $1.3 billion tax cut and to counter Al Gore's contentions that cuts would mainly benefit wealthy; Cheney's ready agreement with Bush's vulgarity in describing New York Times reporter Adam Clymer gets its own share of attention in parts of news media; photo (M)
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Credit Suisse Assigns Executives
Date: 11 September 2000
By Bloomberg News
Bloomberg News
Credit Suisse First Boston, which agreed to buy Donaldson, Lufkin & Jenrette, picks co-heads of banking, mergers and other departments by taking one chief from each firm; Kenneth Moelis of Donaldson will oversee investment banking in Americas with Charles Stonehill of Credit Suisse; Donald Meltzer of Credit Suisse will run global mergers with Hal Ritch of Donaldson; Steven Koch and Scott Lindsay will be co-chair of new mergers unit (M)
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Virginia Retirement System Bolstered by Private Equity
Date: 10 September 2000
By Bloomberg News
Bloomberg News
Virginia Retirement System, buoyed by private equity gains, reports 15.4 percent earnings on its investments in year ended June 30 (S)
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Spirent Buys Zarak to Help Web Strategy
Date: 11 September 2000
By Bloomberg News
Bloomberg News
Spirent, maker of high-speed telecommunications testing equipment, agrees to buy Zarak Systems of California for $403 million in stock to expand into transmission of human voice over World Wide Web; Zarak designs and manufactures communications test equipment (M)
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Old-News Bags
Date: 10 September 2000
By Karen Robinovitz
Karen Robinovitz
Designer Maria Capotorto designs handbags from frayed newspapers she finds on street; photo (Pulse column) (S)
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