TV Journalists Find Yeltsin Drawn to Big Brother Role
Date: 31 May 1998
By Celestine Bohlen
Celestine Bohlen
Russian Pres Boris N Yeltsin has called in directors of three national television channels to complain about negative coverage this week of crash on financial markets, floods in Siberia and miners' protest that blocked country's main railroad; Yeltsin said he was not trying to dictate how Russia's media should cover events, but urged TV channels to carry out state policy on television; Yeltin's comments come at sensitive time; this month Government has started putting together state company that will coordinate operations of state-owned television and radio stations, regional as well as national, and also manage sites that transmit private channels' broadcasts (M)
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In America; The Big Chill
Date: 31 May 1998
By Bob Herbert
Bob Herbert
Bob Herbert Op-Ed column charges Mayor Rudolph Giuliani erodes rights and liberties in New York City on several fronts, including media (S)
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Defendant In Internet Torture Case Gets 15 Years
Date: 30 May 1998
By John Sullivan
John Sullivan
Oliver Jovanovic is is sentenced in New York to 15 years in prison for kidnapping and sexually abusing 20-year-old Barnard College student he met in computer chat room; Justice William A Wetzel says Jovanovic, Columbia graduate student, had sense of superiority but will have to face life in which his intellect is not prized; Jovanovic, who says encounter was consensual, reiterates innocence; judge also berates defense and media for casting doubt on woman's story (S)
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Journal; Bombing Off Broadway
Date: 30 May 1998
By Frank Rich
Frank Rich
Frank Rich Op-Ed column on Manhattan Theater Club's reversal of decision to remove Terrence McNally's Corpus Christi from its fall schedule in face of anonymous threats of violence; says club had no choice but to retreat, because every American playwright was planning to bolt its theater in protest; says whole incident was manufactured by collusion between trash press and far right; notes that Catholic League disingenuously professed nonviolence even while vowing to 'wage a war'; discusses what incident says about state of culture in America today (M)
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BANKBOSTON IN DEAL FOR BANKAMERICA UNIT
Date: 30 May 1998
By Bloomberg News
Bloomberg News
BankBoston Corp to pay $800 million for BankAmerica Corp's securities unit, Robertson Stephens; will pay $400 million in cash and put $400 million in pool to persuade firm's partners and key employees to remain; BankAmerica will keep firm's money-management and debt underwriting businesses (S)
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EMERGING COMMUNICATIONS RECEIVES BUYOUT OFFER
Date: 30 May 1998
By Bloomberg News
Bloomberg News
Emerging Communications gets buyout offer of about $100 million from chairman Jeffrey Prosser, who plans to take company private (S)
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MARATHON OIL OF HOUSTON TO PURCHASE TARRAGON OIL
Date: 30 May 1998
By Bloomberg News
Bloomberg News
Marathon Oil Co to buy Tarragon Oil & Gas Ltd for about $510 million (US) in cash and stock of its parent company, USX-Marathon Group (S)
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U.S. FILTER ANNOUNCES FULLMAN INTERNATIONAL TAKEOVER
Date: 30 May 1998
By Bloomberg News
Bloomberg News
US Filter Corp acquires Fullman International Inc (S)
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Commerzbank Says Profits Rose 16.7%
Date: 30 May 1998
By Bloomberg News
Bloomberg News
Commerzbank AG reports first-quarter pretax profit rose 16.7 percent, to 962 million marks ($539 million), up from 824 million marks in 1997 (S)
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Denmark Cuts Rates In Key Areas
Date: 30 May 1998
By Bloomberg News
Bloomberg News
Denmark cuts all its key interest rates by 25 basis points as krone strengthens; cuts discount rate to 3.75 percent (S)
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