TV Notes; The News Race
Date: 15 October 1997
BY Lawrie Mifflin
Lawrie Mifflin
CBS Evening News with Dan Rather finishes second in total viewers and almost ties ABC's World News Tonight in households in latest ratings week; ratings for NBC's Nightly News, clear ratings leader, represent two-day average because other three weeknights were pre-empted in much of country by baseball playoff coverage (S)
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No Longer In Love, Not Ready To Walk
Date: 16 October 1997
By Janet Elder
Janet Elder
Recent New York Times/CBS News Poll found that some Americans love their cars, others tolerate them and virtually no one can give them up; graph (Special Section, Cars) (M)
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On the Road, the Menace Is Always the Other Guy
Date: 16 October 1997
By Janet Elder
Janet Elder
Recent New York Times/CBS News Poll found that nearly two-thirds of drivers said their chances of being hurt in car accident were either same as or greater than they were 10 years ago; only one-third said they were less likely to be hurt, even though most of drivers said they wore seat belts; culprit named most often was poorly made cars, followed by bad drivers, more traffic and higher speed limits; graph (Special Section, Cars) (M)
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WINSTAR PURCHASE OF U.S. ONE ASSETS IS APPROVED
Date: 16 October 1997
By Bloomberg News
Bloomberg News
Winstar Communications Inc wins approval from Federal bankruptcy judge to buy virtually all assets of US One Communications Corp for $100 million, $80 million in cash and $20 million in stock (S)
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EQUITABLE RESOURCES IN $80.6 MILLION DEAL WITH CHEVRON
Date: 15 October 1997
By Bloomberg News
Bloomberg News
Equitable Resources Inc buys two different oil and gas fields from Chevron Corp for $80.6 million and sells five properties in Western US and Canada for $175 million; Equitable Resources buys two fields already in production in waters off Louisiana Gulf Coast (S)
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NCR TO CUT 1,000 JOBS IN LATEST REVAMPING
Date: 16 October 1997
By Bloomberg News
Bloomberg News
NCR Corp says it will eliminate 1,000 jobs, or 2.6 percent of its work force, next year and give sales teams more authority in latest effort to increase sales; says its third-quarter loss narrowed to $9 million, from $33 million in year-earlier quarter (S)
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UNOCAL WINS GASOLINE PATENT SUIT IN CALIFORNIA
Date: 15 October 1997
By Bloomberg News
Bloomberg News
Unocal Corp wins court case over gasoline patent that could provide licensing fees for oil company and higher fuel prices for California drivers; Federal District Court in Los Angeles rules against six major oil companies that had challenged patent Unocal has on clean-burning type of gasoline that California requires (S)
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SIX EXAMINED ITT'S WORLD DIRECTORIES BUSINESS
Date: 15 October 1997
By Bloomberg News
Bloomberg News
ITT Corp attracted at least six companies that were interested in buying its telephone book business, which ITT is keeping as part of proposal to separate into three companies; GTE Corp, BellSouth Corp, VNU, Tele Danmark AS and Deutsche Telekom all approached ITT earlier this year (S)
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FINISHMASTER SET TO ACQUIRE RIVAL FOR $68.8 MILLION
Date: 16 October 1997
By Bloomberg News
Bloomberg News
Finishmaster Inc says it agreed to acquire Thompson PBE Inc for about $68.8 million in cash (S)
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CORNING LOWERS OUTLOOK FOR GAIN FROM SALE OF UNIT
Date: 16 October 1997
By Bloomberg News
Bloomberg News
Corning Inc says it will amend terms of its sale of controlling stake in its housewares unit, reducing its value to $825 million from $975 million amid weaker sales and outlook for low earnings growth in 1998 for unit; buyer is company formed by AEA Investors Inc (S)
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