White House Sees Plotting Behind Unfavorable Articles
Date: 10 January 1997
By Alison Mitchell
Alison Mitchell
Memo written by White House counsel's office outlines 'Communication Stream of Conspiracy Commerce' by which it says right wing conveys fringe stories about Clinton Administration into mainstream media; memo and supporting documents assembled by Democratic national committee were first distributed to selected journalists in 1995; memo says articles move from well-funded think tanks to newsletters, newspapers and Internet, are picked up by British tabloids or US media and then by Congressional committees (S)
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Yeltsin Hospitalization News Sends Crude Oil to 6-Year High
Date: 09 January 1997
By Bloomberg News
Bloomberg News
Crude oil jumps to six-year high on fears of short supplies and news that President Boris N Yeltsin of Russia has been taken to hospital with signs of pneumonia; February crude oil rises 39 cents, to $26.62 a barrel on Nymex; activity in other futures markets also noted (M)
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EUROPEAN AIRLINES TO BROADEN ALLIANCE WITH DELTA
Date: 09 January 1997
By Bloomberg News
Bloomberg News
Swissair AG says it and its European partners, Sabena SA and Austrian Airlines, have agreed to deepen their pact with Delta Air Lines Inc with the intention of increasing their share of the trans-Atlantic market (S)
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PATRIOT AMERICAN BUYS MAJORITY STAKE IN 5 HOTELS
Date: 09 January 1997
By Bloomberg News
Bloomberg News
Patriot American Hospitality Inc to buy majority stakes in five Doubletree luxury hotels from the Metropolitan Life Insurance Co for $153 million in cash and assumed debt (S)
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AMP IS CUTTING 1,000 JOBS IN A REVAMPING
Date: 09 January 1997
By Bloomberg News
Bloomberg News
AMP Inc to cut about 1,000 jobs, or 2.2 percent of its work force, as part of restructuring plan that includes closing and consolidating plants and streamlining product lines (S)
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FIRSTCITY AND HARBOR FINANCIAL IN $46 MILLION DEAL
Date: 10 January 1997
By Bloomberg News
Bloomberg News
Firstcity Financial Corp agrees to acquire Harbor Financial Group Inc for about $46 million in stock; combined company will have $440 million in assets, $80 million in equity and 825 employees (S)
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NETSCAPE SHARES DROP AFTER ANALYST CUTS RATING
Date: 09 January 1997
By Bloomberg News
Bloomberg News
Shares of Netscape Communications Corp decline 19 percent after Wall Street analyst cuts his rating on the stock on the ground that the software maker's revenue growth may stall (S)
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Montreal Bank in Dublin
Date: 09 January 1997
By Bloomberg News
Bloomberg News
Bank of Montreal to open bank in Dublin to service North American companies that have set up offices in Ireland and across Europe (S)
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Italy's Consumer Prices In Moderating Trend
Date: 09 January 1997
By Bloomberg News
Bloomberg News
Istat, state statistical institute, says Italian consumer prices rose 2.6 percent in December from the similar period last year, and were up one-tenth of 1 percent since November--third straight month in which the inflation rate remained at its lowest since 1969 (S)
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Marks & Spencer To Buy Shopping Center
Date: 10 January 1997
By Bloomberg News
Bloomberg News
Marks & Spencer PLC says it will buy shopping center in Edinburgh, Scotland, for $207 million; Marks says it wants to expand its store in the center (S)
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