Liberty Media and News Corp. Said to Be Negotiating a Deal
Date: 25 September 2000
By Geraldine Fabrikant
Geraldine Fabrikant
John C Malone, who controls Liberty Media, is considering complex deal that would give Rupert Murdoch's News Corp Liberty Media's 20 percent stake in Gemstar-TV Guide International and some cable television holdings in Latin America; Liberty would get News Corp stock, raising its stake to 20 percent from 8 percent, and stock in News Corp's global satellite TV operations, set to go public as Sky Global; News Corp already owns 20 percent of Gemstar-TV Guide; deal could strengthen News Corp in any bid for General Motors' Hughes Electronics division, which owns DirecTV; photos (M)
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Leery of the Web, Olympic Officials Set Limits on News
Date: 25 September 2000
By Felicity Barringer
Felicity Barringer
Summer Olympics in Sydney, Australia, becomes benchmark in struggle between those who hold intellectual property rights in sporting events and those seeking to cover sports, especially for ever-expanding universe of news outlets on Internet; Olympic committee is controlling where and how images and accounts of games reach public out of concern that power of Internet could eventually undermine economic foundation of modern Olympic movement; actions echo developments in other areas of sports, as both amateur and professional teams and leagues aggressively invoke property rights to control how and by whom events are covered (M)
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Media Talk; Network Newscasts Court Hispanic Viewers
Date: 25 September 2000
By Jim Rutenberg
Jim Rutenberg
Television networks weigh steps to court growing audience for 6:30 evening newscasts on Spanish-language networks; ABC will offer Spanish-language audio track for its show; NBC and CBS consider similar services (M)
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Decatur Journal; City Winces in the Glare of the Spotlight on Tires
Date: 25 September 2000
By David Barboza
David Barboza
People in Decatur, Ill, home of Bridgestone/Firestone plant that produced bulk of tires blamed for more than 100 deaths and 400 injuries, say unflattering coverage of story is a blow to civic pride and could hurt efforts to attract business; local press strikes back at what it sees as a drive-by-shooting by national media; map; photo (M)
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A UNIT OF SHELL OIL WILL SELL ITS GAS PIPELINES IN LOUISIANA
Date: 26 September 2000
By Bloomberg News
Bloomberg News
Acadian Gas LLC, unit of Shell Oil Co, agrees to sell 1,000-mile natural gas pipelines system in southern Louisiana to Enterprise Products Partners LP for $226 million (S)
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WEBVAN FOUNDER STEPS ASIDE
Date: 26 September 2000
By Bloomberg News
Bloomberg News
Webvan Group names its chief executive, George Shaheen, as chairman to replace its founder, Louis Borders, who will remain a director (S)
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HONG KONG STOCKS GAIN
Date: 26 September 2000
By Bloomberg News
Bloomberg News
Hong Kong's Hang Seng stock index stages its biggest one-day gain in points and percentage this year, but volume is thin, indicating that many investors remain cautious; graph (S)
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Plan by Sun Microsystems
Date: 26 September 2000
By Bloomberg News
Bloomberg News
Sun Microsystems Inc will invest $50 million in Asia-Pacific companies to expand markets for its products and support technology-development efforts; Sun plans to focus first on start-up Internet and communications companies in Japan, Korea, Taiwan and Australia (S)
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Red Wings Re-Sign Kozlov to 2-Year Pact
Date: 25 September 2000
By Bloomberg News
Bloomberg News
Detroit Red Wings re-sign left wing Slava Kozlov (S)
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Credit Card Company Settles Over Ads
Date: 26 September 2000
By Bloomberg News
Bloomberg News
MBNA Corp agrees to pay as much as $7.8 million to settle class-action lawsuit accusing company of luring credit card consumers with misleading advertisements about low-rate cards; Andrew Spark, Florida lawyer, sued MBNA in 1996, saying that bank's ads did not disclose that new purchases would not carry low interest rate promoted in the ads (S)
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