EMMIS COMMUNICATIONS TO BUY RADIO STATION IN CHICAGO
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Emmis Communications will buy WLUP-FM Chicago from Bonneville International in exchange for three of its Phoenix radio stations; Bonneville will also pay $70 million (S)
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A. SCHULMAN SAYS PROFIT FOR QUARTER IS BELOW FORECASTS
Date: 05 October 2004
By Bloomberg News
Bloomberg News
A Schulman Inc, plastics maker, says profit for fourth quarter ended Aug 31 was lower than forecast (S)
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NU SKIN CUTS EARNINGS ESTIMATES; SHARES FALL 32%
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Nu Skin Enterprises, which sells personal care items through individual distributors, says profit for rest of year will be below analysts' estimates; shares plunge 32 percent (S)
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CAMDEN PROPERTY TRUST TO BUY SUMMIT FOR $1.9 BILLION
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Camden Property Trust, owner of apartment buildings, will buy Summit Properties for about $1.9 billion in cash and stock (S)
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BARNES & NOBLE WILL SPIN OFF ITS OWNERSHIP OF GAMESTOP
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Barnes & Noble sells 6.1 million Class B shares of GameStop back to company for about $111.5 million and will distribute its remaining 59 percent stake in video game retailer to its shareholders as dividend; cuts its full-year profit forecast because of divesture (S)
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Factory Orders Drop, but Consumer Goods Have a Good August
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Commerce Department reports factory orders unexpectedly fell 0.1 percent in August, to $370.5 billion, despite 1.4 percent gain in new orders for consumer goods (M)
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Office Depot Ousts Chief, Citing Need for Growth
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Office Depot ousts chairman and chief executive Bruce Nelson; names Neil R Austrian interim chief executive (M)
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Schwab to Cut Most Online Trade Commissions by One-Third
Date: 05 October 2004
By Bloomberg News
Bloomberg News
Charles Schwab Corp will cut commissions on most online trades by third, to $19.95, to retain customers (S)
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NEWS SUMMARY
Date: 05 October 2004
INTERNATIONAL A3-11 Car Bombs Across Iraq Kill 26 and Wound 100 Three powerful car bombs exploded across Iraq, killing at least 26 people, including 2 children, and wounding more than 100 others in a day of carnage that demonstrated the relative ease with which insurgents are striking in the hearts of major cities. The surge in violence lately has led many experts to voice serious doubts about whether legitimate elections can be held in January, as scheduled. A1 A report to be made public tomorrow by the top American weapons inspector in Iraq will outline new details of attempts by Saddam Hussein's government to undermine United Nations sanctions as part of a plan to produce illicit weapons if those sanctions were lifted, Bush administration officials said. A10 Defense Secretary Donald H. Rumsfeld said that he had seen no ''strong, hard evidence'' linking Saddam Hussein and Al Qaeda, although he tempered his comment by noting that stark disagreements on that issue remained among American intelligence analysts. A10 The Army charged four soldiers with murder and dereliction of duty in the smothering of an Iraqi general during an interrogation last fall. The charges bring to at least 10 the number of United States troops charged with murder in the deaths of Iraqis. A10 Trying to Stem Tide of Migrants With many hundreds of migrants having died while crossing the Mediterranean in rickety boats, European leaders have been sparring over a plan to stem the flow of potential immigrants to the European Union by building holding centers in North Africa. Only those whose applications are approved would then be allowed to proceed to Europe. A1 Finally, a Trial in Cambodia After years of delays, the Cambodian Parliament's lower house ratified an agreement with the United Nations to create an international tribunal to try surviving leaders of the Communist Khmer Rouge for atrocities during their rule in the late 1970's. A number of issues still lie ahead, including the need to raise an estimated $57 million from international donors. A7 Briton Charged in Bomb Plot American law enforcement officials filed charges against a British man, Saajid Mohammed Badat, saying he plotted to blow up airliners in concert with Richard C. Reid, a fellow Briton caught aboard a trans-Atlantic flight with bombs inside his shoes in late 2001. Mr. Badat is now in custody in Britain, where he is expected to face trial sometime next year for conspiracy. A20 Plutonium Transfer in France France is poised to take possession of 300 pounds of weapons-grade plutonium from the United States for reprocessing into fuel, an operation that its opponents contend creates a risk of nuclear terrorism. A11 NATIONAL A14-21 Poll Cites Gain for Kerry; Bush Iraq Policy Doubted Senator John Kerry came out of his first debate with President Bush having reassured many Americans of his ability to handle an international crisis or a terrorist attack, but he failed to shake a perception that he panders to voters in search of support, according to the latest New York Times/CBS News Poll. A1 Mr. Bush and his campaign are making a serious push for the allegiance of African-American clergy members, while the Democrats are fighting back to motivate the highly symbolic constituency. A15 On the eve of the vice presidential debate, Mr. Bush charged that Mr. Kerry's policies ''are dangerous for world peace'' as his campaign suddenly changed plans for an event on medical liability and scheduled a speech on terrorism and the economy instead. A17 Senator John Kerry accused President Bush of ''turning his back on science in favor of ideology'' and presented himself as the more forward-looking leader who would lift the president's restrictions on embryonic stem-cell research. A16 In the final month of the campaign Democrats are increasingly tying the White House to the Saudi Arabian royal family, a line of attack that they say is highly effective, but it has stirred concern among Saudis. A16 Flaws in Pension Funds As major airlines and old-line industrial companies use bankruptcy to stay alive, or go out of business, many workers are being thrown into a federal pension safety net that does not always protect them. A1 Court Tackles Sentencing Laws On the first day of its new term, the Supreme Court heard arguments on the constitutionality of federal sentencing guidelines that have been in effect for 17 years. The justices left little doubt that the system would change but many questions on what form that change might take. A14 Senate Battles Over Spy Chief Senate authors of a plan to reorganize United States intelligence agencies defeated efforts to reduce the power of a new national intelligence director. A21 Private Craft Wins Space Prize SpaceShipOne, a private rocket ship, shot into space, reaching a record altitude of 368,000 feet, or 69.7 miles, and won a $10 million aviation prize for its creators. A1 Nobel for Study of Smell Two American scientists who solved the enigma of how people can smell 10,000 different odors and recall them later were awarded the 2004 Nobel Prize in Physiology or Medicine. A18 Volcano Erupts, but Lightly Heightening the suspense over what a quivering Mount St. Helens may do next -- and delighting thousands of tourists -- the volcano spewed a giant column of steam and sputtered another picturesque puff later. A21 NEW YORK/REGION B1-6 Wells for a Thirsty Town Set Off Parkland Battle New York State has allowed Raquette Lake, a hamlet in the heart of the Adirondack Park that has no fresh drinking water, to drill emergency wells in the protected forest preserve. But environmentalists worry that the arrangement will lead to similar exclusions to allow for more development. B1 Digging for Bodies F.B.I. agents and police detectives began digging in a vacant lot on the Brooklyn-Queens border, searching for the bodies of three men believed to have been killed by the mob and buried there more than two decades ago. B1 Accuser Proves Elusive Federal agents have been trying for weeks, without success, to speak with Golan Cipel about his relationship with Gov. James E. McGreevey of New Jersey. Now, some investigators are worried that Mr. Cipel may never agree to talk about the inner workings of the administration. B1 SCIENCE TIMES F1-10 Space Specimens Saved Scientists think useful samples of all the many types of solar particles collected by the Genesis space capsule survived its crash in the Utah desert almost four weeks ago, promising researchers years of study into the origins of the solar system. F2 Health & Fitness F5 FASHION B9 SPORTSTUESDAY D1-7 ARTS E1-12 Gift for Brooklyn Academy As the Brooklyn Academy of Music prepares to unveil its $8.6 million exterior restoration, academy officials say the long-struggling institution's turnaround has been strengthened by two major gifts totaling $30 million, more than doubling its endowment. E1 BUSINESS DAY C1-16 Battle Over Tax Shelters House Republicans are working to eliminate or dilute provisions in a new corporate tax bill aimed at cracking down on illegal tax shelters, despite widespread agreement that abusive shelters are costing the federal government billions of dollars a year. C1 A.I.G. Warned on Releases American International Group said the Securities and Exchange Commission had warned that it might take formal action against the company because of press releases on continuing investigations that the commission considers ''false and misleading.'' C1 Vioxx Lawsuits Expected The decision by Merck to halt sales of Vioxx, its blockbuster painkiller, could lead to hundreds and perhaps thousands of new lawsuits against the company, lawyers said. C2 Business Digest C1 World Business W1 OBITUARIES B8 Janet Leigh The actress best remembered for the shower scene in which she was slashed to death in Hitchcock's ''Psycho,'' she was 77. B8 EDITORIAL A22-23 Editorials: The nuclear bomb that wasn't; decoding Chinese Communism; life and death in the Senate; Verlyn Klinkenborg on Marion Crane. Columns: Paul Krugman, David Brooks. Crossword E6 Public Lives B2 TV Listings E11 Weather D8
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Justices Uphold 'Do Not Call' Registry
Date: 05 October 2004
By Bloomberg News
Bloomberg News
United States Supreme Court, rejecting appeal by American Teleservices Association, lets stand lower court ruling that Federal Trade Commission's 'do not call' registry does not violate free-speech rights of companies seeking to market products by phone; FTC chairwoman, Deborah Majoras, hails decision (S)
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