News Corporation Profit Up
Date: 24 February 1988
LEAD: The News Corporation Ltd., an international media and entertainment company controlled by Rupert Murdoch, yesterday reported a 45 percent increase in profits and a 31.4 rise in revenues for its second fiscal quarter ended Dec. 31.
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NEWS SUMMARY: THURSDAY, FEBRUARY 25, 1988
Date: 25 February 1988
LEAD: International A3-11, A17
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NEWS SUMMARY: WEDNESDAY, FEBRUARY 24, 1988
Date: 24 February 1988
LEAD: INTERNATIONAL A2-15 News analysis: In Nicaragua, political recriminations have become more bitter than at any time since the regional peace accord was signed. The tensions make prospects for an end to the conflict there appear to be dimming. Page A1
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WCBS to Buy Program; May Shift 'Evening News'
Date: 25 February 1988
By Peter J. Boyer
Peter Boyer
LEAD: WCBS Channel 2 is expected to announce today that it has purchased the new syndicated news-and-information program based on the USA Today newspaper, a move that may lead to the removal of the CBS ''Evening News'' from its customary 7 P.M. time slot on the network's flagship station.
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Talking Deals; Murdoch's Focus On Bottom Line
Date: 25 February 1988
By Geraldine Fabrikant
Geraldine Fabrikant
LEAD: FOR Rupert Murdoch, buying The New York Post was a bad deal, a financial failure. In the 12 years that he owned The Post, he lost an estimated $150 million.
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Chinese Film Named Best In Berlin
Date: 25 February 1988
AP
LEAD: ''The Red Sorghum Field,'' an epic film about seduction and war in China, has won the best-picture award at the 38th Berlin Film Festival.
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Reagan News Session Will Be on Air Today
Date: 24 February 1988
LEAD: President Reagan's news conference at 8 o'clock tonight will be broadcast on the ABC, CBS and NBC television networks and on CNN, the Cable News Network. In addition, some local affiliates of PBS and SIN, the Spanish International Network, will carry the conference, either live or as a tape-delayed broadcast.
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Owens Illinois
Date: 24 February 1988
AP
LEAD: The Federal Trade Commission asked a Federal appeals court today to prevent Owens-Illinois Inc., the nation's second-largest glass container manufacturer, from acquiring Brockway Inc. for $750 million while it appeals a lower court's refusal to halt the deal. The F.T.C. contends that the merger, which would create the nation's largest glass container manufacturer, would reduce competition and raise the price of bottles, jars and other containers the companies make for foods and drinks.
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President's News Conference on Foreign and Domestic Issues
Date: 25 February 1988
LEAD: Following is a transcript of President Reagan's news conference last night n Washington, as recorded by The New York Times: OPENING STATEMENT
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BMW Price Rise
Date: 25 February 1988
Special to the New York Times
LEAD: BMW of North America Inc. said it would raise the price of its cars by an average of 1.8 percent, or $686 a car, effective with shipments to dealers on March 15. The greatest increase is for the top-of-the-line model, the 12-cylinder 750iL, the price of which will rise 3 percent, to $69,000 from $67,000.
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