World Business Briefing | Asia: India: Murdoch Seeks Software Stake
Date: 15 July 2003
By Saritha Rai (NYT)
Saritha NYT
Rupert Murdoch's News Corp will offer to buy up to 20 percent of Hughes Software Systems, Indian communications software subsidiary of Hughes Electronics Corp; offer is related to plans by News Corp to buy controlling stake in Hughes electronics from General Motors Corp (S)
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Sports of The Times; Pitcher Is Taken Out Without Being Told
Date: 15 July 2003
By Ira Berkow
Ira Berkow
Ira Berkow Sports of The Times column contends that last-minute inclusion of New York Yankees veteran pitcher Roger Clemens at expense of Oakland Athletics pitcher Barry Zito in All Star game is another example of Major League Baseball's misguided tinkering with exciting but meaningless mideason exhibition game; Zito learns of substitution from media, not Oakland general manager Billy Beane, who told MLB Zito would not be able to pitch and opened door for Clemens appearance (M)
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World Briefing | Middle East: Iran: Journalist Arrested
Date: 15 July 2003
By Nazila Fathi (NYT)
Nazila NYT
Iranian judiciary arrests journalist Iradj Rastegara, who is fourth journalist to be arrested in four days, amid sweeping antigovernment protests; President Mohammad Khatami orders investigation into recent death of Iranian-Canadian photojournalist (S)
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To Zito's Surprise, He's Out and Clemens Is In
Date: 15 July 2003
By Jack Curry
Jack Curry
Oakland Athletics pitcher Barry Zito, scheduled to pitch in All Star game, is informed during media interview that Oakland general manager Billy Beane told MLB that Zito was not able to pitch, allowing New York Yankees pitcher Roger Clemens to be member of American League all star team; Beane suggested Zito should not pitch on one day's rest, but many believe this was seen as way to get Clemens, who will retire after this year, to All Star game; photo (M)
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BERKSHIRE WILL NOT INCREASE OFFER FOR CLAYTON HOMES
Date: 16 July 2003
By Bloomberg News
Bloomberg News
Warren E Buffett's Berkshire Hathaway will not increase its $1.7 billion offer for Clayton Homes Inc; has advanced Clayton $360 million since signing takeover agreement on April 1 (S)
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CHEVRONTEXACO AGREES TO RESTRUCTURE DYNEGY DEBT
Date: 16 July 2003
By Bloomberg News
Bloomberg News
Dynegy Inc will sell $1.5 billion in bonds to refinance debt; ChevronTexaco, Dynegy's largest shareholder, agrees to restructure $1.5 billion payment due in November (S)
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AMERICAN EXPRESS AGREES TO BUY ROSENBLUTH
Date: 16 July 2003
By Bloomberg News
Bloomberg News
American Express Co acquires Rosenbluth International, private travel-management company (S)
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JOHNSON & JOHNSON REPORTS 27% DROP IN EARNINGS
Date: 16 July 2003
By Bloomberg News
Bloomberg News
Johnson & Johnson says second-quarter earnings dropped to $1.21 billion from $1.65 billion year ago; sales rose 14 percent, to $10.3 billion (S)
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GOLDMAN SACHS REALTY UNIT EXPANDS IN SWEDEN
Date: 15 July 2003
By Bloomberg News
Bloomberg News
Whitehall Street Real Estate unit of Goldman Sachs Group Inc agrees to buy 31 properties from Drott AB for 5.2 billion kronor ($641.6 million) to increase its holdings in Sweden (S)
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HCA LOWERS EARNINGS FORECAST AS ADMISSIONS SLOW
Date: 16 July 2003
By Bloomberg News
Bloomberg News
HCA Inc lowers earnings forecast for second quarter, citing slow admissions and its underestimation of amount of bills it might not be able to collect (S)
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TOYOTA TO EXPAND ITS NEW ALABAMA FACTORY
Date: 15 July 2003
By Bloomberg News
Bloomberg News
Toyota Motor Corp will spend $20 million more at new Alabama factory to make V-6 engines to match increased pickup truck production in North America; is adding 150 jobs, to total of 500 at plant (S)
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