CNN Retracts Report That U.S. Used Nerve Gas
Date: 03 July 1998
By Robin Pogrebin and Felicity Barringer
Robin Pogrebin
Cable News Network executives retract network's report that United States military used lethal sarin nerve gas in a secret 1970 mission in Laos, code-named Operation Tailwind, with intention of killing American defectors; retraction, broadcast and accompanied by apology, is based on independent assessment of evidence by Floyd Abrams at CNN's request; Time, which published slightly modified version of story a day after the broadcast, also makes retraction and an apology; Peter Arnett, perhaps CNN's most prominent correspondent, is reportedly reprimanded for his work on story; April Oliver and her colleague Jack Smith, producers who had led eight-month reporting effort, refuse to resign and are dismissed; Pamela Hill, senior executive producer of Newsstand, program that carried story, resigns; text of apology by Tom Johnson, CNN News Group chairman; photo (L)
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A Muckraking Program Draws 300 Million Daily
Date: 02 July 1998
By Elisabeth Rosenthal
Elisabeth Rosenthal
Focus, Chinese television news magazine on which Pres Clinton gives interview, is wildly popular in China, drawing audience of over 300 million people; its hard-hitting probes and interviews show how far Chinese media has come since days when they provided little more than Communist Party dogma; sophisticated, state-owned show offers great drama and confronts wide range of sensitive topics, but is also in many respects a newfangled propaganda instrument (M)
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Web Offers Wide Menu For Sports
Date: 02 July 1998
By Victor Mather
Victor Mather
Fans of the biggest American sports have certainly benefited from explosion of information provided by the World Wide Web, but it has probably made the greatest difference to enthusiasts of lesser-known sports that receive limited or no regular media coverage; several Web sites noted (M)
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Soccer and Savagery
Date: 02 July 1998
By Tunku Varadarajan
Tunku Varadarajan
Times of London bureau chief Tunku Varadarajan Op-Ed article deplores overreaction by British fans and tabloids to foul by player David Beckham that cost Britian World Cup soccer game against Argentina (M)
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Highlights of Report on Inquiry Into CNN Broadcast
Date: 03 July 1998
Highlights of investigative report by Floyd Abrams into CNN's broadcast Valley of Death, which CNN retracted in response to Abrams's findings that each of broadcast's five 'pillars' was flawed (M)
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The CNN-Time Retraction
Date: 03 July 1998
Editorial on CNN-Time retraction of their collaborative report charging that America secretly used nerve gas on mission designed to kill defectors during Vietnam War; notes investigator Floyd Abrams's conclusion that there was no evidence to support such charges; expects that such an embarrassing episode for CNN and Time will inject healthy note of caution regarding future reports
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THOMAS & BETTS IN DEAL FOR TELECOMMUNICATIONS DEVICES
Date: 03 July 1998
By Bloomberg News
Bloomberg News
Thomas & Betts Corp says it will buy closely held Telecommunications Devices Inc for about $74.4 million in stock (S)
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LEUCADIA TO SELL A 25% INTEREST IN ARGENTINE INSURER
Date: 03 July 1998
By Bloomberg News
Bloomberg News
Leucadia National Corp, investment holding company, agrees to sell 25 percent interest in privately held Argentine insurance company Caja de Ahorro y Seguro SA for $140 million (S)
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EASTMAN KODAK SELLS A CHAIN OF PHOTOGRAPHY STORES
Date: 02 July 1998
By Bloomberg News
Bloomberg News
Eastman Kodak Co, in cost-cutting move, sells chain of 450 photography stores it bought 20 months ago to Wolf Camera Inc for undisclosed sum; move keeps business out of hands of archrival, Fuji Photo Film Co (S)
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PULTE EXPANDS SOUTHEAST OPERATIONS BY BUYING DIVOSTA
Date: 02 July 1998
By Bloomberg News
Bloomberg News
Pulte Corporation, nation's biggest home builder, acquires closely held Florida builder DiVosta & Company; terms not disclosed (S)
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