Serbian Media Is a One-Man Show
Date: 10 August 1997
By Jane Perlez
Jane Perlez
Pres Slobodan Milosevic's total control over propaganda of Serbian media discussed; photos; state television, which has fed Serbs with undiluted diet of nationalism for ten years, now concentrates on keeping Milosevic in power, using what journalist Dragan Cicic calls 'primitive simplicity' and 'unchecked hatred' (S)
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FOUNDATION HEALTH SYSTEMS EXPECTS 2D-QUARTER LOSS
Date: 09 August 1997
By Bloomberg News
Bloomberg News
Foundation Health Systems Inc says that it will have second-quarter loss after taking pre-tax charges of $405.9 million, more than expected, to cover costs from April merger that formed company (S)
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CRESCENT REAL ESTATE ADDING DESERT MOUNTAIN
Date: 09 August 1997
By Bloomberg News
Bloomberg News
Crescent Real Estate Equities Co says that it had bought Arizona's Desert Mountain residential development for $229 million from Mobil Corp and investor Lyle Anderson, marking end of oil company's foray into real estate business (S)
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TELE-COMMUNICATIONS GAINS FROM CABLE OPERATIONS
Date: 09 August 1997
By Bloomberg News
Bloomberg News
Tele-Communications Inc says operating income from its United States cable operations rose 16 percent in second quarter, even as it lost cable subscribers; says cash flow rose to $706 million (S)
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China's Growth Slowed in July
Date: 09 August 1997
By Bloomberg News
Bloomberg News
China's benchmark measure of industrial output grew 8.4 percent in July, slowest rate in more than three years; value-added industrial output for month total $19.5 billion (S)
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Brazil Auctions Mobile Phone Rights
Date: 09 August 1997
By Bloomberg News
Bloomberg News
Brazil raises $1.74 billion through sale of mobile telephone licenses, as groups led by Telia AB of Sweden and BellSouth Corp bid handsomely for entry into one of world's last big emerging telephone markets (S)
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Financial Officer Out at Columbia
Date: 09 August 1997
By Bloomberg News
Bloomberg News
Columbia/HCA Healthcare Corp says that its first chief financial officer, Robert Stearns, who began work just three weeks ago, had resigned (S)
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Goldman and California Settle Bond Suit
Date: 09 August 1997
By Bloomberg News
Bloomberg News
Goldman, Sachs & Co agrees to pay as much as $48.5 million to settle lawsuit in which California contended that wrongdoing by securities firm left state agency responsible for $142 million in bonds issued by nonprofit corporation that has since gone into bankruptcy; case reviewed (S)
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Soft News
Date: 10 August 1997
Photos of some softly-flowing casual fashions of the moment
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NEWS SUMMARY
Date: 10 August 1997
INTERNATIONAL 3-10 Envoy's Mission to Bosnia Ends With Scant Progress President Clinton's special envoy to Bosnia ended talks with Slobodan Milosevic, the president of Yugoslavia, without any breakthrough on shoring up the Dayton peace agreements. The envoy, Richard C. Holbrooke, said he was skeptical about a pledge made at the meeting that Radavan Karadzic, the former president of Serbian-controlled Bosnia, would be kept from wielding power behind the scenes. The United Nations tribunal at The Hague has indicted him for war crimes. Instead of dealing with threats to peace, Mr. Holbrooke spent the bulk of his time haggling over telephone area codes and the appointments of ambassadors. 1
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