TV SPORTS;Coverage Was Rapid, But Perspective-Free
Date: 28 July 1996
By Richard Sandomir
Richard Sandomir
When a pipe bomb shattered the peace yesterday morning, Mark McKay of CNN was walking through Centennial Olympic Park from the network's headquarters. He heard a blast from the AT&T Global Olympic Village that "shook me from head to toe." He ran to the adjacent Nike Park, where CNN has a studio during the Olympics, and was on the air in minutes, at 1:30 A.M., reporting a "loud, concussive explosion." Chris Meyers of ESPN was on the roof of the Chamber of Commerce building that overlooks the park, taping a boxing report for the 2 A.M. "SportsCenter," when he heard a "thunderous boom." ESPN's truck shook with the blast. Sirens wailed. "I said to my producer, 'Let's get pictures and we'll have to break in to the network,' " Meyers said. ESPN was on the air about 30 seconds after CNN, replaying the sound of the explosion.
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SIGNOFF;Bill Kurtis: Anchor, Producer, Idea Man
Date: 28 July 1996
By Terence Neilan
Terence Neilan
AFTER Bill Kurtis quit as anchor of "The CBS Morning News" in 1985, discouraged by the nonjournalistic track the program was taking, he all but disappeared from national screens. "I wanted to climb the mountain," he says now, "but the mountain had changed."
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Bill Kurtis: Anchor, Producer, Idea Man
Date: 28 July 1996
By Terence Neilan
Terence Neilan
Interview with Bill Kurtis, who quit as anchor of The CBS Morning News in 1985 and has returned to WBBM, the CBS station in Chicago where he had come to network attention; he also heads Kurtis Productions, which produces Investigative Reports and American Justice for A&E and The New Explorers for PBS; photo (M)
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INSIDE
Date: 28 July 1996
INVESTING IT /Page 3/ Single-state municipal bond funds aren't as low in risk as they used to be. By Sharon R. King.
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COMPANY NEWS;VALUE HEALTH EXPECTS A DECLINE IN PROFITS
Date: 27 July 1996
AP
The health benefits manager Value Health Inc. said yesterday that it expected profits in the second half of the year to fall short of expectations as more companies switch employees' mental health coverage to health maintenance organizations. The news pushed Value Health's stock down 14 percent, or $2.75 a share, to $16.25, on the New York Stock Exchange. Value Health said it expects to earn between 35 and 40 cents a share in both the third and fourth quarters. Analysts had been expecting 40 cents in the third quarter and 44 cents in the fourth quarter, according to a survey by First Call Inc. Value Health has two main businesses: providing employers with mental health programs and managing their prescription drug benefits plans.
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COMPANY NEWS;CONTRACT WON TO BUILD FASTEST SUPERCOMPUTER
Date: 27 July 1996
Bloomberg Business News
Bloomberg News
The International Business Machines Corporation has won a $93 million, four-year contract with the Department of Energy to build the world's fastest supercomputer. The supercomputer, which will be some 300 times faster than existing systems, will be "up and running by 1998," said Energy Secretary Hazel R. O'Leary. I.B.M. will team up with the Government's Lawrence Livermore Laboratories in Livermore, Calif., to develop the supercomputer, which will use new multiple parallel switching technology to achieve its super speed. It is being developed to assist in verifying an international nuclear test ban treaty.
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COMPANY NEWS;LOCKHEED SELLING MARTIN MARIETTA MATERIALS
Date: 27 July 1996
Bloomberg Business News
Bloomberg News
The Lockheed Martin Corporation, the world's largest aerospace and military contractor, said yesterday that it would divest itself of its 81 percent stake in Martin Marietta Materials Inc. of Raleigh, N.C., a supplier of sand, stone and gravel aggregates used to build roads and other projects. The holding is worth an estimated $840 million. Lockheed Martin said it would offer its own shareholders the chance to swap stock for a total of 37.35 million shares in the materials company. Lockheed has not disclosed how many material shares will be given to holders for each Lockheed share turned in.
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World News Briefs;Islamic Militant Leader In Algeria Is Killed
Date: 28 July 1996
Reuters
The fundamentalist Armed Islamic Group of Algeria said today that its leader, Djamel Zitouni, also known as Abu Abderrahman Amin, was killed on July 16 near Medea, 70 miles south of Algiers. "Our brother Abu Abderrahman was killed after he fell in a trap near Medea on July 16 before sunset," the statement said. "Two other brothers who accompanied him were also killed."
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