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An Editor at The Atlantic to Lead U.S. News

Date: 20 July 1996

By Robin Pogrebin

Robin Pogrebin

James Fallows, the Washington editor of The Atlantic Monthly, whose recent book criticizing media coverage caused something of a stir among journalists, was named editor of the weekly news magazine U.S. News & World Report yesterday. The current co-editors, Michael Ruby and Merrill McLoughlin, have resigned and will become contributing editors as of Sept. 1. "After seven years, it was time for a change," Mr. Ruby said in a statement.

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TELEVISION;On (Very Brief) Assignment in the Movies

Date: 21 July 1996

By Warren Berger

Warren Berger

IN THE NEW FILM "Independence Day," we know that the aliens have landed because the Fox 11 news team has told us so. And if that's not proof enough, we also see the regulars from "The McLaughlin Group" trading barbs as they argue over the political ramifications of the invasion. The real-life news anchor Christine Devine and others from Fox's Los Angeles local news program, along with John McLaughlin and several members of his Sunday-morning chat group on NBC, were cast in the 20th Century Fox film in roles that weren't much of a stretch: the television journalists play themselves, their faces appearing on flashing screens as they report on and analyze the aliens' latest maneuvers.

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POLITICAL BRIEFING;THE STATES AND THE ISSUES

Date: 21 July 1996

By Robin Toner

Robin Toner

Florida Democrats Hope To Reverse a Trend

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COMPANY NEWS;SUNBEAM SHARES RISE ON NEWS OF CHIEF'S APPOINTMENT

Date: 20 July 1996

Reuters

The stock of the Sunbeam Corporation soared yesterday on news that the former chief of the Scott Paper Company, Albert Dunlap, an aggressive cost-cutter, had been hired to recharge the consumer products and appliance maker. The stock rose $6.125, to $18.625, a 49 percent increase, on the New York Stock Exchange. Sunbeam announced on Thursday that Mr. Dunlap had been named chairman and chief executive, replacing Roger Schipke, who left the company in May. Analysts predicted that Mr. Dunlap, who was known as the Chainsaw when he ran timber companies and has engineered eight corporate turnarounds, will take an ax to Sunbeam.

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News Summary

Date: 20 July 1996

International 2-5

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NEWS SUMMARY

Date: 21 July 1996

International 3-10

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COVER STORY;Gossip, Gossip, and That's the News

Date: 21 July 1996

By Andy Meisler

Andy Meisler

MICHAEL Jackson or Hosni Mubarak? Alan Greenspan or Brett Butler? The People's Choice Awards or the Senate Subcommittee for Oceans and Fisheries? In others words, if the news media exist to connect us with the "real" world, how much of that reality centers on what might be called our national back fence: that phantom zone of gossip, hype and shared information concerning celebrity and or notoriety that seems to be getting more and more ink and air time these days?

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COMPANY NEWS;HOLOGIC AGREES TO MERGE WITH FLUOROSCAN

Date: 20 July 1996

Dow Jones

Dow Jones

Hologic Inc. agreed yesterday to merge with Fluoroscan Imaging Systems Inc. in a stock swap valued at about $59 million. In the merger of two makers of X-ray machines, Hologic, based in Waltham, Mass., will issue about 1.5 million common shares for all of Fluoroscan's common shares, stock warrants and stock options. Fluoroscan rose $2.875 a share, to $10.75 yesterday, in Nasdaq trading, and its warrants more than quadrupled. Hologic stock fell 87.5 cents, to $38.50. Hologic will also reserve an additional 300,000 shares to issue to holders of Fluoroscan stock options. Fluoroscan, based in Northbrook, Ill., makes a small X-ray machine designed for minimally invasive surgery.

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World News Briefs;Chechen Commander Apparently Still Alive

Date: 20 July 1996

AP

Kremlin officials warned today that a man who claimed this week to be a Chechen military commander who had been reported dead could rally rebel fighters to attack Russian troops. The officials said they believed the man, who appeared at a news conference on Thursday in Chechnya, was indeed Salman Raduyev, a field commander who was reported dead.

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COMPANY NEWS;BACHMAN INFORMATION COMPLETES CADRE TAKEOVER

Date: 20 July 1996

Bloomberg Business News

Bloomberg News

Bachman Information Systems Inc. completed the acquisition of the closely held Cadre Technologies Inc. yesterday for $27.3 million. Under terms of the agreement, the companies formed a newly named entity called Cayenne Software Inc. Based on Bachman Information's closing price on Thursday of $6.625, the acquisition is valued at $27.3 million. The acquisition creates a company that is among the 50 largest independent software companies in the world, the companies said. Cayenne, based in Burlington, Mass., will have annual sales of about $70 million. Bachman Information develops and markets data base design software. Cadre Technologies, of Providence, R.I., makes software for personal computer networks installed by corporations.

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