In Media, The Big Get Bigger
Date: 14 December 1997
By Iver Peterson
Iver Peterson
Record of Hackensack recently announced that it will buy North Jersey Herald and News of Passaic and 11 community weeklies from William Dean Singleton's North Jersey Newspaper Co in deal reportedly worth $40 million to $50 million (M)
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Ideas & Trends; One Casualty of the Women's Movement: Feminism
Date: 14 December 1997
By Sarah Boxer
Sarah Boxer
Recent CBS News poll finds that, while most women believe status of women has improved in last 25 years, fewer and fewer of them are willing to call themselves 'feminists'; graphs on opinions about position of women in society, and role of women's movement
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Chronicle
Date: 15 December 1997
By Nadine Brozan
Nadine Brozan
Cabaret singer Andrea Marcovicci to perform in concert with 11 street singers and musicians at Symphony Space; Walter Cronkite is honored by Circumnavigators Club for achievement of traveling completely around the globe and for his 60 years as newsman (Chronicle column) (M)
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News of Rescue Plan Lifts Stock Prices in Korea
Date: 15 December 1997
By Bloomberg News
Bloomberg News
South Korean stocks posted sharp gains on December 15 after reports describing Government's plan to shore up shaky financial institutions; Korea Composite Index rose 21.97 points, to close at 381.97; prices of Tokyo Stock Exchange declined 101.10 points, with Nikkei Average closing at 15,803.20 (S)
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McCaw to Resume Chief Executive Duties at an Internet Company
Date: 15 December 1997
By Bloomberg News
Bloomberg News
Teledesic LLC co-founder and chairman Craig O McCaw will take more active role in running company, resuming job of chief executive, which he will share with Steve Hooper; current chief, David Twyver, will join them on three-member executive committee (S)
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Yamaichi to Dismiss 7,500 by Late March
Date: 15 December 1997
By Bloomberg News
Bloomberg News
Yamaichi Securities Co president Shohei Nozawa says firm will dismiss nearly all of its 7,500 employees, return assets to customers by end of March and then seek approval to liquidate (S)
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News Summary
Date: 14 December 1997
INTERNATIONAL 3-26 In a Sudden Reversal, Asia Opens Markets The accord to liberalize trade in financial services reflects a U-turn by Asian countries, which suddenly are desperate to attract investments, as well as the conclusion that they could not send another shock to the financial markets. News Analysis. 1 The tumult in Asia is having marginal effects on most American companies, so far, but the cumulative repercussions could be harsh in the end. 12 With South Korea careering toward a possible default, its three leading presidential candidates promised to abide by the I.M.F. agreement. 12 Suharto Illness Rumored President Suharto has canceled plans to attend a regional summit meeting in Malaysia starting on Monday. Fears that he is ill are adding political worries to the economic crisis in Indonesia. 11 Union Victory in Mexico A foreign company operating a plant in Tijuana has agreed in principle to end ties to a union controlled by the Government and to recognize an independent union. The accord, at a Korean-owned plant, could affect thousands of factories in Mexico. 4 Guyana's Surprising Choice The only English-speaking nation in South America is about to elect a new President, and although 90 percent of the population traces its ancestry to India or Africa, a 77-year-old Jewish woman from Chicago appears to be the front-runner. 1 Firebrand Priest in Poland A Polish priest running an angry radio station that has become politically powerful has been admonished by Josef Cardinal Glemp. 18 NATIONAL 28-48 Officials Say President Is Readying Child Care Plan President Clinton will soon propose a major initiative to help working families obtain child care, with a variety of new Federal subsidies and tax breaks, Administration officials say. The proposals, to be included in the State of the Union Message in late January, would include an increase in the Federal income tax credit that parents can take for child-care expenses; a new tax credit for businesses that build or operate child-care centers for employees, and an increase in the money that the Federal Government gives states to subsidize child care, the officials said. 1 Backing Diversity's Ends As the national debate over affirmative action intensifies, most Americans endorse the goal of racial diversity in schools and offices, but reject some of the main methods used so far to achieve it, according to a New York Times/CBS News Poll. 1 High Tech Reality Check For infertile couples, saying no to reproductive technology has become a vexing problem. Every month, it seems, there is another stride in the science of making babies. While public attention inevitably focuses on the latest accomplishment -- the McCaughey septuplets, the California woman who gave birth at 63 and other recent feats -- the reality is that the high-tech path to parenthood yields failure far more often than success, about three out of four times. 1 Case Without a Corpse Federal authorities say the body of an aide to Gov. Thomas R. Carper of Delaware who disappeared 18 months ago was dumped into the ocean, and they believe they now know where to look. 28 NEW YORK/REGION 49-57 Patient Care at Risk Hospitals in New York City often rely on exhausted and poorly supervised medical residents, flouting laws enacted eight years ago to protect patients and compromising patient care, according to interviews with dozens of young doctors. 1 Legal Questions in T.W.A. Case Lawyers for the families who are seeking hundreds of millions of dollars in damages in the explosion of Trans World Airlines Flight 800 face significant legal challenges, including finding a way around an international treaty that sharply limits damages in jet crashes. 54 Park Plan Stirs Anger Dreier Offerman Park in southwestern Brooklyn is mostly a wasteland of scruffy weeds and trash. The City Department of Parks hopes to solve the problem by leasing half of the park to a private company, but the plan has aroused fury among park advocacy groups. 49 Few Clues to Abused Child As city officials and the police investigated the abuse case of an 11-year-old girl found living in a squalid apartment in Harlem, records from the city's child welfare agency and the school system showed little evidence of her background. 51 NEEDIEST CASES 57 OBITUARIES 59 TV Update 58 Weather 56
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NEWS SUMMARY
Date: 15 December 1997
INTERNATIONAL A3-12 A Tone of Conciliation From Iran's President President Mohammed Khatami of Iran professed ''great respect'' for the United States and said he hoped that American politicians would ''understand their own time'' and stop trying to isolate his country. A1 Iranian and American diplomats have been exploring ways to end the civil war in Afghanistan. The meetings, held at the United Nations, began after the moderate Mr. Khatami became Iran's first popularly elected President in August. The talks are aimed at devising a power-sharing arrangement between the militant Taliban movement that controls most of Afghanistan and a loose coalition of resistance leaders in the north of the country. A12
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3 Adirondack Landfills Are to Be Closed by State
Date: 15 December 1997
New York Gov George E Pataki announces that he will close the three remaining landfills in Adirondack Park (S)
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