On U.S. TV, Mideast's Talking Heads Turn Downright Neighborly
Date: 13 July 2000
By Deborah Sontag
Deborah Sontag
Avraham Burg, Israeli Parliament speaker, and Hanan Ashrawi, a Palestinian legislator, set lighthearted and friendly tone as they debate peace issues on CNN's Crossfire; television appearance, amid news coverage of Camp David summit, exposes a reality that ordinary Israelis and Palestinians do not get to see at home: the real familiarity that has grown during seven-year conversation between elite strata of the two sides; photo (M)
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Russian Media Conglomerate Searched Again by Authorities
Date: 12 July 2000
By Michael Wines
Michael Wines
Russian prosecutors search offices of Media-Most, media conglomerate owned by Vladimir A Gusinsky, for the second time in two months; skeptics suspect that Kremlin is trying to silence one of its few prominent critics (M)
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PINNACLE SKIDS ON NEWS THAT PROFIT WILL MISS TARGET
Date: 12 July 2000
By Bloomberg News
Bloomberg News
Shares of Pinnacle Systems plunge after company, maker of digital video-editing tools, says fourth-quarter profit missed analysts' estimates because of lower-than-expected sales; shares fall 59 percent, losing $13.4375, to $9.1875 (S)
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LUCENT WILL COMBINE OPERATIONS WITH USA DIGITAL RADIO
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Lucent's Digital Radio unit and closely-held USA Digital Radio to combine operations; new company, iBiquity Digital Corp, will develop and license technology enabling broadcasters to offer digital radio services (S)
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SEMPRA TO INCREASE STAKES IN THREE ARGENTINE UTILITIES
Date: 12 July 2000
By Bloomberg News
Bloomberg News
Sempra Energy, owner of big California natural gas utilities, acquires stakes in three Argentine utilities held by Dominion Resources Inc for $145 million; Sempra Energy will get 21.5 percent stakes in companies that serve 1.2 million customers in Argentina, raising its stakes to 43 percent; Sempra is also buying 25 percent of company with controlling interest in electricity supplier serving more than 400,000 customers in province of Buenos Aires (S)
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DELPHI AUTOMOTIVE TO SHED 900 MANUFACTURING WORKERS
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Delphi Automotive Systems, largest auto-parts maker, to dismiss about 900 manufacturing workers in France, Britain and Poland as part of cost-cutting reorganization (S)
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LOS ANGELES DEVELOPER TO BUY LAS VEGAS HILTON
Date: 12 July 2000
By Bloomberg News
Bloomberg News
Park Place Entertainment Corp, world's largest casino company, agrees to sell Las Vegas Hilton to Los Angeles real estate developer Ed Roski Jr for $365 million in cash, receivables and assumed debt; Roski, president and chief executive of Majestic Realty Corp, will assume $31 million in liabilities and Park Place will keep $28 million in debt owed by high-rolling gamblers (S)
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QUANTA PURCHASES 7 BUSINESSES, LENGTHENING ITS REACH
Date: 12 July 2000
By Bloomberg News
Bloomberg News
Quanta Services Inc, installer of power and phone lines, acquires seven businesses that expand its services and geographic reach and add about $140 million in annual sales; financial terms undisclosed (S)
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HEWLETT-PACKARD PLANS TO HIRE 2,500 OVER THREE YEARS
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Hewlett-Packard Co, No. 2 computer maker, to hire about 2,500 consultants and technicians over next three years (S)
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MICROSOFT BUYS NETGAMES USA TO ADD TO ITS GAMING SITE
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Microsoft Corp acquires NetGames USA Inc to add to its Zone.com Internet games site (S)
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