Businessman Is Charged In Beating of Publisher
Date: 05 February 1999
Zakir Siddiqui, owner of Brooklyn travel agency, is arrested and charged with ordering the beating of Shafqat Chughtai, publisher of community newspaper who wrote a series of exposes on the travel agent's business practices (S)
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AMERICAN MEDIA SELLS RIGHTS TO 2 SOAP OPERA MAGAZINES
Date: 05 February 1999
By Dow Jones
Dow Jones
American Media Inc ends publication of Soap Opera News and Soap Opera Magazine and sells two publications' trademarks to Primedia Inc; terms undisclosed (S)
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Cover Article On Daughter Irks Clintons
Date: 04 February 1999
By David Stout
David Stout
Pres Clinton and his wife, Hillary, say they are 'profoundly saddened' by People magazine's decision to run cover article on their daughter, Chelsea, titled 'Grace Under Fire'; Clintons say they have tried to shield daughter from media glare for last six years; Carol Wallace, managing editor of People, says Chelsea, who is nearly 19, is 'valid journalistic subject' because she is witness to 'family drama' and important historical events--clear reference to impeachment trial (M)
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HILTON IN TALKS TO ACQUIRE SUMMERFIELD SUITES CHAIN
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Hilton Hotels Corp is in talks to buy Patriot American Hospitality Inc's Summerfield Suites chain and several other hotels for as much as $1 billion; Hilton is also discussing equity investment of as much as $350 million in Patriot (S)
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QWEST WINS $1 BILLION CONTRACT WITH TREASURY
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Qwest Communications International Inc wins $1 billion contract to provide phone services to Treasury Department; Qwest will be subcontractor in larger agreement between Treasury and TRW Inc; Qwest reports fourth-quarter profit of $10.4 million, reversing loss in period a year earlier (S)
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FORD RESUMES PRODUCTION AT ALL BUT 2 ASSEMBLY PLANTS
Date: 05 February 1999
By Bloomberg News
Bloomberg News
Ford Motor Co resumes full production at all but two of its US assembly plants as its complex in Dearborn, Mich, gears up after power plant explosion killed one worker on Feb 1 (S)
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MEDPARTNERS PLANNING $1 BILLION CHARGE, ANALYST SAYS
Date: 05 February 1999
By Bloomberg News
Bloomberg News
Piper Jaffray analyst Brooks O'Neil says Medpartners Inc, working to transform itself from largest US manager of group-medical practices to drug-benefits administrator, will take charge of $1 billion when it reports its fourth-quarter earnings (S)
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SEAGRAM WEIGHS SALE OF FILM COMPANY TO A SAUDI PRINCE
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Seagram Co is in talks to sell remaining assets of Polygram Filmed Entertainment to Saudi Arabian Prince Muhammad bin Bandur Abdul Aziz for as much as $600 million in cash and assumed debt (S)
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EXPECTED CISCO SYSTEMS STOCK SPLIT FAILS TO APPEAR
Date: 04 February 1999
By Bloomberg News
Bloomberg News
Shares of Cisco Systems Inc fall 1.1 percent after company says fiscal second-quarter earnings topped forecasts by a penny and company fails to introduce stock split, as some investors expected (S)
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PROVIDIAN SAYS IT WILL OPEN 2 MORE CREDIT CARD CENTERS
Date: 05 February 1999
By Bloomberg News
Bloomberg News
Providian Financial Corp will open new credit card operations centers in Oakland, Calif, and Arlington, Tex, creating 1,400 jobs by end of 1999 to handle rapid growth (S)
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