Judge Says State Can't Prohibit Televising of Trial in Diallo Case
Date: 26 January 2000
By Amy Waldman
Amy Waldman
New York State Supreme Court Justice Joseph C Teresi rules that trial of four New York City police officers in death of Amadou Diallo will be televised; declares unconstitutional 1952 statute banning cameras in state courtrooms, and also cites relocation of trial from the Bronx to Albany; no appeal expected; decision is not binding on other judges but could be influential precedent; Courtroom Television Network, which engaged Floyd Abrams to file motion, will provide pool coverage; defense lawyers predict cameras will help public understand case (M)
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The Big City; Holy Family Is Miscast As Homeless
Date: 26 January 2000
By John Tierney
John Tierney
John Tierney The Big City column discusses politicans and journalists who try to compare Jesus Christ and Holy Family to homeless and illegal aliens (M)
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Sharpton to File Libel Suit Against New York Post
Date: 27 January 2000
By David Rohde
David Rohde
Rev Al Sharpton says that he will file $20 million libel lawsuit against The New York Post, saying that recent column and editorial irreparably damaged his reputation and ability to raise money for his civil rights organization (M)
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TELLABS STOCK TUMBLES ON DISAPPOINTING EARNINGS NEWS
Date: 26 January 2000
By Bloomberg News
Bloomberg News
Shares of Tellabs Inc tumble after company warns that first-quarter earnings will lag analysts' forecasts; shares fall $9.5625, to $59.50 each (S)
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REALNETWORKS EXPANDS MULTIMEDIA SERVICES IN BUYOUT
Date: 26 January 2000
By Bloomberg News
Bloomberg News
RealNetworks Inc acquires Netzip Inc for about $268 million in stock (S)
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NORFOLK SOUTHERN OFFERS MANAGERS EARLY RETIREMENT
Date: 27 January 2000
By Bloomberg News
Bloomberg News
Norfolk Southern Corp will offer early retirement to as many as 1,180 managers, a fifth of the total, as its fourth-quarter profit falls 81 percent on higher costs (S)
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O'CHARLEY'S REJECTS MANAGEMENT-LED BUYOUT PROPOSAL
Date: 27 January 2000
By Bloomberg News
Bloomberg News
O'Charley's Inc, which operates 119 casual restaurants in South and Midwest, has rejected management-led buyout proposal (S)
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UNION CARBIDE EARNINGS EXPECTED TO EXCEED FORECASTS
Date: 27 January 2000
By Bloomberg News
Bloomberg News
Union Carbide Corp says it expects its fourth-quarter profit to exceed analysts' forecasts because of improving returns in its basic chemicals unit (S)
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IKON TO CUT UP TO 5% OF ITS WORK FORCE IN RESTRUCTURING
Date: 27 January 2000
By Bloomberg News
Bloomberg News
Ikon Office Solutions Inc will cut 1,500 to 2,000 jobs, or about 5 percent of its work force; cuts are in addition to 1,000 sales jobs eliminated last year; company will close or consolidate 140 facilities and make changes to 65 others to cut costs and improve profits (S)
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JAPAN TRADE SURPLUS GROWS
Date: 27 January 2000
By Bloomberg News
Bloomberg News
Japan's merchandise trade surplus rose in December 1999 as exports notched their biggest rise in six months and imports retreated from November's record; surplus widened 28.3 percent from November to 777.2 billion yen ($7.3 billion), seasonally adjusted; Japanese exports rose 2.3 percent in December from November and rose 3.4 percent compared with year ago; imports fell 2.4 percent, though they were up 15.8 percent from year earlier; graph (S)
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