Political Briefing; Voters Seem Inclined To Forgive and Forget
Date: 25 August 1999
By B. Drummond Ayres Jr
ABC News pol finds more than half of respondents say Gov George W Bush should not answer questions about whether he used cocaine when he was young, and three of every four say his refusal to answer will not affect their opinion of him; CNN/Time poll draws similar results (S)
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Survival of the Fittest, in Hollywood and the Heartland
Date: 25 August 1999
By Walter Goodman
Walter Goodman
Walter Goodman on sharp divide between fundamentalists in Kansas who succeeded in their campaign to 'discourage' teaching of evolution in schools, and liberal media elite on both coasts that reports on such social phenomenon; photo of scene from Inherit the Wind (M)
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SOUTH AFRICAN G.D.P.
Date: 24 August 1999
By Bloomberg News
Bloomberg News
South Africa's gross domestic product grew by annualized rate of 1.7 percent in second quarter, more than expected, as country begins to shake off effects of last year's sharp rise in interest rates (S)
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KOREAN STOCKS RALLY
Date: 24 August 1999
By Bloomberg News
Bloomberg News
Korea's benchmark Kospi stock index stages biggest rally this month, surging 39.19 points, or 4.5 percent, to 917.58, after Moody's Investors Service says it might raise nation's credit rating, surprising investors who were focused on breakup of debt-laden conglomerate Daewoo (S)
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MAXTOR TO BUY NETWORK STORAGE COMPANY
Date: 24 August 1999
By Bloomberg News
Bloomberg News
Maxtor Corp agrees to buy Creative Design Solutions for $57 million in stock to enter computer network storage market (S)
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ESKIMO PIE WEIGHS REDUCED OFFER
Date: 24 August 1999
By Bloomberg News
Bloomberg News
Eskimo Pie Inc is considering bid of $35 million from unidentified private investment group that is lower than $45 million bid from Yogen Fruz World-Wide Inc, which was rejected by Eskimo Pie in December (S)
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HEALTHSTAR TO TAKE 49% STAKE IN PHYSICIANSITE.COM
Date: 25 August 1999
By Bloomberg News
Bloomberg News
Healthstar Corp, health care management company with 121,000 physicians, agrees to buy 49 percent stake in Physiciansite.com for $42 million in stock and cash to add on-line services; Physiciansite.com is Internet site that will allow doctors to process insurance claims, order supplies and prescriptions, and schedule appointments on line (S)
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SK TELECOM STAKE IS SOLD
Date: 24 August 1999
By Bloomberg News
Bloomberg News
Tiger Management LLC, huge hedge fund headed by Julian Robertson, reduces its stake in SK Telecom Corp, selling shares to Korean company's parent a month after increasing its investment and vowing to fight management; two SK Group units buy shares from Tiger and other investors for $820 million, increasing company's stake to 36.5 percent from 27 percent; photo of Robertson (S)
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ALCOA TO BUY ACX TECHNOLOGIES ROLLING UNIT
Date: 24 August 1999
By Bloomberg News
Bloomberg News
Alcoa Inc acquires aluminum-rolling unit of ACX Technologies Inc for $41 million in cash (S)
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SEAGATE TECHNOLOGY TO CUT 1,600 JOBS IN SINGAPORE
Date: 25 August 1999
By Bloomberg News
Bloomberg News
Seagate Technology Inc, world's largest independent maker of computer disk drives, says it will eliminate 1,600 jobs in Singapore as it cuts costs to become more competitive; in early August, rival Western Digital Corp says it would cut 2,500 jobs, or 60 percent of its Singapore work force, as it moves manufacturing to neighboring Malaysia to trim costs (S)
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