Where There's Fear, There's News
Date: 29 June 1997
By Max Frankel
Max Frankel
Max Frankel column says the decline in the number of Americans who read, watch or listen to the news is due less to a lack of the kind of events and developments that alarm the public than it is to a failure on the part of journalists to discern the public's fears and explore them in stories that make life meaningful and manageable to the public; drawing (M)
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Hong Kong Still Carries Britannia's Indelible Mark
Date: 29 June 1997
By Edward A. Gargan
Edward Gargan
Hong Kong, being returned to China after 156 years of British colonial rule, carries Britain's mark in many ways, most obviously in use of English; British legacy includes both infrastructure and rule of law, legal system, parliamentary democracy and free press; chronology of events; photos (M)
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Zurich Confirms Deal to Purchase Scudder
Date: 28 June 1997
By Bloomberg News
Bloomberg News
Zurich Group, Switzerland's biggest insurer, formally announces that it will buy Scudder, Stevens & Clark Inc, creating one of 10 largest United States fund managers (S)
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$10.9 MILLION INVESTMENT AT TRUCK PLANT IS PLANNED
Date: 28 June 1997
By Bloomberg News
Bloomberg News
General Motors Corp will invest $10.9 million in equipment at its truck plant in Flint, Mich, and move 1,000 managers to new metal-fabricating division headquarters in city by year 2000 (S)
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HACH TO REPURCHASE SHARES FROM LAWTER INTERNATIONAL
Date: 28 June 1997
By Bloomberg News
Bloomberg News
Hach Company is buying back 3.16 million shares, or 28 percent of its shares, from Lawter International Inc for about $60 million (S)
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PACIFICARE SHARES SLIDE ON FORECAST OF EARNINGS
Date: 28 June 1997
By Bloomberg News
Bloomberg News
Pacificare Health Systems Inc forecasts that its second-quarter earnings will be just 30 cents to 45 cents a share, sending managed-care company's shares tumbling for second time this week (S)
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CHAIRMAN SAYS THERE ARE NO TALKS WITH POSSIBLE BUYERS
Date: 28 June 1997
By Bloomberg News
Bloomberg News
John Chalsty, chairman and chief executive of Donaldson, Lufkin & Jenrette, asserts that company is not for sale and as not had any discussions with potential acquirers (S)
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Investment Banks Shut in Thailand
Date: 28 June 1997
By Bloomberg News
Bloomberg News
Thailand shuts some of biggest investment banks and orders them taken over under rescue effort that could cost up to $11.9 billion (S)
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Financial Merger Blocked in Norway
Date: 28 June 1997
By Bloomberg News
Bloomberg News
Shareholders of Storebrand block plans to create Norway's largest financial company through $1.8 billion stock swap with Christiania Bank (S)
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Broken Hill Says Its Loss Widened
Date: 28 June 1997
By Bloomberg News
Bloomberg News
Broken Hill Proprietary Company's fourth-quarter net loss balloons to $712 million (Australian), or $535 million (US), after company cuts value of its copper and steel assets (S)
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