Newspapers' Owners Gain
Date: 18 April 1992
Affiliated Publications Inc. and the Pulitzer Publishing Company have reported that they each returned to profitability in the first quarter after losses a year earlier. McClatchy Newspapers Inc. posted a 36.7 percent rise in earnings. The reports, issued on Thursday, were the latest in a pattern of improvement in the media business this year, particularly in comparison with results a year earlier, which were depressed because of the Persian Gulf conflict.
Full Article
Abroad at Home; Hair on Their Chests
Date: 19 April 1992
By Anthony Lewis
Anthony Lewis
The American press prides itself on its courage, its selflessness, its influence. But in the current political campaign those claims sound like a bad joke. The press is distinguished by its cynicism and its self-regard. Yes, it does have influence -- for the worse. The notable example at hand is the press treatment of Bill Clinton. Even serious newspapers have become parodies of attack-dog journalism, eager to find something -- anything -- nasty to print about Governor Clinton.
Full Article
COMPANY NEWS;
Date: 18 April 1992
By Bloomberg News
Bloomberg News
The Infinity Broadcasting Corporation said it had completed the acquisition of the New York radio station WFAN-AM for about $70 million. Infinity, based in New York, won regulatory approval in February to buy the all-sports station from the Emmis Broadcasting Corporation of Indianapolis. Infinity announced on Dec. 16, 1991, that it had entered into an agreement to acquire the all-sports radio station.
Full Article
Chrysler to Sell Vehicles in Greece
Date: 18 April 1992
By Bloomberg News
Bloomberg News
The Chrysler Corporation said it would start selling North American-made light trucks in Greece in June. Sales of North American-made cars are to start there early next year. The General Motors Corporation and the Ford Motor Company already sell cars in Greece through their European operations.
Full Article
Elf Aquitaine Obtains Credit
Date: 18 April 1992
By Bloomberg News
Bloomberg News
The French oil company Societe Nationale Elf Aquitaine has received a $875 million revolving credit from a consortium of 47 bankers to pursue development of its North Sea oilfields, a company spokesman said. The money will be used to get pumping operations going in the North Sea's Chanter, Piper and Saltire oilfields. The pumping, scheduled to begin next year, will allow Elf to increase its North Sea oil production to about 70,000 barrels a day from 25,000 barrels, the spokesman said. Elf Aquitaine currently runs the fourth-largest oil operation in the North Sea in terms of barrels pumped a day.
Full Article
Tell Us, Governor, Just What You Would Do; Letting Bush Off
Date: 19 April 1992
To the Editor: I was distressed by "Get the Candidates" (editorial, March 31). You do not seem to grasp that your frequently tabloidized treatment of the campaign is helping throw the election to George Bush.
Full Article
NEWS SUMMARY
Date: 19 April 1992
International 3-9 SERBS POUND BOSNIAN CAPITAL Serbian guerrillas pounded central Sarajevo with mortar shells as a high-ranking American official arrived on a mission to bring humanitarian aid and to back Bosnia's independence from Yugoslavia. 1 IRAN'S MASTER BUILDER If the late Ayatollah Khomeini was the austere revolutionary determined to smash the old regime, President Rafsanjani is the state builder, just as determined to create institutions that will restore Iran to a position of power in the region. In fact, he would like to be seen as a throughly modern mullah. 1 COURTING A TOP AFGHAN REBEL Surrounded by rebels and weakened by the capture of a western city, Afghanistan's new Government in Kabul agreed to continue talks with one of the most powerful guerrilla military leaders. 3 SIGNS OF REBELLION IN EUROPE Just four months after the European Community signed a treaty on economic and political unity, the organization is being shaken by challenges to the pact and new uncertainty over the region's future. Many Europeans are less enthusiastic over the treaty than are their leaders. 8 President Havel has decided to seek re-election in Czechoslovakia. 8 GORBACHEV'S PITCH TO JAPAN Showing that he retains much of his old stature in Japan, Mikhail Gorbachev has been accorded a welcome approaching that of a head of state since his arrival a week ago. But his appeal for aid for ex-Soviet lands has received a cool response. 9 PANAMA WAVERS OVER PULLOUT With less than eight years to go before the United States ends nearly a century of military presence in Panama, many Panamanians are beginning to doubt the wisdom of letting the 10 remaining bases close and the troops depart. 7 National 10-25 VAST REVIEW OF DIABILITY CASES Reversing one of the most widely criticized policies of the Reagan Administration, Federal officials have agreed to reopen tens of thousands of cases in which the Government denied benefits to people who said they could not work because of mental or physical disabilities. 1 Some whose cases were denied, and who may now gain. 20 NOVEMBER'S WILD CARD Political Memo: The Bush and Clinton campaigns both regard Ross Perot's flirtation with a Presidential race as a danger. But neither of them yet has a strategy for dealing with it. 1 Some of Bush's relatives could prove Democratic targets. 14 Buchanan renewed his attacks on the President. 13 For Clinton, a smooth week's return to the campaign trail. 12 LESSONS OF THE WORKPLACE In Wooster, Ohio, the biggest employer is Rubbermaid, which has not laid off a worker there since 1973. Yet tension prevails. Workers have traded raises for job security, pressured to do so by management, and by neighbors who fear that the company might otherwise pull out. 1 ENTRAPMENT AND VINDICATION Five years after being charged with receiving child pornography, and just days after the Supreme Court ruled that he had been entrapped, Keith Jacobson feels this way: "I knew I wasn't a child pornographer. But when the Government charges you with something like that, what are people going to think?" 10 San Quentin Journal: After 25 years, an execution is at hand. 10 Minnesota is adopting a vast overhaul of health care. 15 Regional 26-32 A QUIET NEW YORK HOLIDAY After a flurry of activity, much of New York City seemed to slip into a quiet, meditative state this weekend, as residents celebrated Passover and Easter. 1 PORT JEFFERSON'S MYSTERY MAN Most residents of the quaint waterfront village never exchanged a word with him or caught more than a quick glance as he strode by in one of his sober business suits. But he was thought of as the very incarnation of success. Now he is charged with a vast fraud scheme, and residents don't know what to think. 26 THE OTHER COP ON THE BEAT They walk the streets in crisp blue uniforms, their faces mirroring those of the people in the neighborhood. They look like New York City police officers, but in fact they are auxiliary police: volunteers who patrol the streets out of a sense of do-goodism, part Kiwanis Club and part would-be detective. 27 Obituaries 30 Joseph B. Williams, an ex-New York State Supreme Court justice. Arts/Reviews 45-46 Fashion 40-41 Weddings 42-44
Full Article
News Summary
Date: 18 April 1992
International 2-5 AFGHAN REBELS MASSING Muslim rebels took up positions on the edge of the Afghan capital and demanded the surrender of the army and the newly declared Government. Najibullah, who was ousted as President on Thursday, stayed out of sight. The United Nations was said to be trying to negotiate safe passage out of the country for him. 1
Full Article
COMPANY NEWS;
Fleet/Norstar Pact on Home-Loan Abuses
Date: 18 April 1992
By Susan Diesenhouse
Susan Diesenhouse
The Massachusetts Attorney General has reached an agreement with Fleet/ Norstar to assist homeowners who were deceived into taking second mortgages, home-equity loans or home-repair contracts with independent companies that operated with credit from the bank.
Scott Harshbarger, the Attorney General, said that in many cases the terms of the loans were too steep and unrealistic for the borrowers, most of whom owned property in poor neighborhoods. He added that he had already reached similar agreements with Baybanks Inc. and the Shawmut National Corporation and was negotiating similar settlements with two other banks.
Full Article
Rules Eased for A.T.& T.
Date: 18 April 1992
The Federal Communications Commission today gave the American Telephone and Telegraph Company greater flexibility in the way it sells complex packages of long-distance services to large corporations. Today's action reverses a policy under which A.T.& T. customers who wanted to change their contracts were not allowed to buy a package of services that included toll-free "800" numbers.
Full Article