Wars of Words, About Journalists
Date: 27 December 1993
By William Glaberson
William Glaberson
Some of the top editors in business journalism are really angry about what Dean Rotbart says. Dean who?
27 grudnia 1993 roku była poniedziałek pod znakiem zodiaku ♑. Był to 360 dzień roku. Prezydentem Stanów Zjednoczonych był William J. (Bill) Clinton.
Jeśli urodziłeś się w tym dniu, masz 32 lata. Twoje ostatnie urodziny upłynęły sobota, 27 grudnia 2025 roku, 180 dni temu. Twoje następne urodziny przypadają na dzień niedziela, 27 grudnia 2026 roku, w 184 dni. Żyłeś przez 11 868 dni lub około 284 837 godzin lub około 17 090 231 minut lub około 1 025 413 860 sekund.
Date: 27 December 1993
By William Glaberson
William Glaberson
Some of the top editors in business journalism are really angry about what Dean Rotbart says. Dean who?
Date: 27 December 1993
By Stuart Elliott
Stuart Elliott
Ted Turner, the chairman and president of Turner Broadcasting System Inc., who also owns the Atlanta Braves and Atlanta Hawks, has been named the most powerful person in sports in 1993 by The Sporting News. In the publication's fourth annual list of the 100 most powerful people in sports, to appear in its Jan. 3 issue, Mr. Turner rose to first place from third on the 1992 list. Philip H. Knight, the chairman and chief executive of Nike Inc., a big advertiser who was No. 1 in 1992, dropped to ninth in 1993.
Date: 28 December 1993
By Jane Perlez
Jane Perlez
In a telling sign of how far Poland's economy has come, The Wall Street Journal's European edition is planning a Polish version of the paper as a weekly supplement to Poland's biggest-circulation daily. The supplement, if given final approval by The Journal, will appear every Monday inside issues of Gazeta Wyborcza, and will be aimed at Poland's growing number of business people who want to learn about European and global financial trends. It would be the first version of The Wall Street Journal in a foreign language.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
Stephen Bollenbach, the Marriott Corporation executive who helped lead a restructuring effort, received a stock bonus worth $6.4 million earlier this year, according to a statement filed Friday with the Securities and Exchange Commission. Mr. Bollenbach, who is now chief executive of the Host Marriott Corporation, also won the right to receive another 600,000 restricted shares if the company meets performance targets in the next five years.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
The Occidental Petroleum Corporation said yesterday that Federal regulators had reversed a 1988 Department of Energy claim for $935 million including interest. The department had accused a company that Occidental later bought, the City Service Oil and Gas Corporation, of violating Federal price-control laws in 1979 and 1980. Occidental renamed the company Oxy USA Inc. "We are gratified that the Federal Energy Regulatory Commission has upheld our position," Ray R. Irani, the chairman and chief executive of Occidental, said in a statement. Occidental is still defending separate proceedings brought by the Department of Energy's enforcement staff in 1992, alleging that the transaction violated other regulations.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
The Host Marriott Corporation, which was spun off from the Marriott Corporation in October, has seized a 28.6 percent interest in the Marriott Marquis Hotel in Times Square in New York after an Atlanta real estate developer and former partner in the hotel defaulted on a loan. The Washington-based company, which took on $2.2 billion in debt in the spinoff, disclosed in a filing with the Securities and Exchange Commission last week that the foreclosure of the loan to the developer, John Portman, would have the effect of adding another $445 million in debt to its balance sheet.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
The Jamesway Corporation said yesterday that it would close 14 stores and remodel 11 others as part of a plan to emerge from bankruptcy protection. The company, which filed for Chapter 11 in July, said the store closings would be completed in the first quarter of 1994. The company did not say how many jobs would be affected. Jamesway, based in Secaucus, N.J., operates 108 discount department stores in seven Middle Atlantic States. Of the stores to be closed, six are in New Jersey, three are in New York, two are in Pennsylvania, two are in Virginia, and one is in Maryland.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
MMI Medical Inc. of Corona, Calif., said yesterday that it had agreed to acquire Mediq Inc.'s equipment and maintenance subsidiary for 2.2 million shares. Under the agreement, Mediq will also receive warrants to buy another 250,000 shares at $7.50 a share. Shares of MMI Medical fell 50 cents yesterday, to $4.50, in Nasdaq trading. Shares of Mediq fell 6.25 cents yesterday, to $4.125, on the American Stock Exchange. MMI Medical provides maintenance services for diagnostic imaging equipment and distributes radiological supplies. Mediq, based in Pennsauken, N.J., is a provider of life support and critical care equipment on a rental basis.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
The Dean Foods Company said yesterday that it had completed the $140 million purchase of Kraft General Foods' Birds Eye frozen vegetable business. Kraft is a unit of the Philip Morris Companies. Howard M. Dean, the chairman and chief executive of Dean Foods, said the acquisition would move the company toward a "strategy to become the processed-vegetable supplier of choice to the retail and food-service trade channels." Dean Foods, based in Franklin Park, Ill., produces a variety of foods including dairy items, canned and frozen vegetables, and specialty foods like dips and pickles.
Date: 28 December 1993
By Bloomberg News
Bloomberg News
The Southern National Corporation of Lumberton, N.C., and First Savings Bank of Greenville, S.C., said yesterday that the shareholders of the two banking companies had approved a merger. Southern National agreed in August to acquire First Savings, with assets of $2 billion, in a stock swap valued at $181 million. Each First Savings share will be exchanged for 0.855 share of Southern National. The acquisition will make Southern National the third-largest bank holding company in South Carolina and the fifth largest in North Carolina, with $8 billion in assets and 223 branches.