18 iunie 1998 era un joi sub semnul stelut al lui ♊. Era ziua 168 din an. Președintele Statelor Unite a fost William J. (Bill) Clinton.
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Date: 18 June 1998
By Katie Hafner
Katie Hafner
L Brent Bozell 3d, chairman of Media Research Center, a conservative watchdog group, opens Conservative News Service on the Web (www.conservativenews.org) to report news that he says is not touched by traditional media (S)
Date: 19 June 1998
By Michael T. Kaufman
Michael Kaufman
Melvin L Barnet, who was among several editors and reporters questioned by Congressional committee investigating Communist affiliations in news business in 1950's and who was dismissed by New York Times after invoking Fifth Amendment, dies at age 83 (M)
Date: 19 June 1998
By Saul Hansell
Saul Hansell
Walt Disney Co announces complex deal valued at about $900 million in which it will buy 43 percent of Infoseek, a service that helps guide users on World Wide Web; Disney and other companies are following trail blazed by America Online and Yahoo, which are rushing to construct gateways to the Internet, known as 'portals,' that are starting points for most computer searches; these services are most attractive to on-line advertisers; Disney's intention is to create new Internet service that combines Infoseek with its existing offerings, which include Web sites for ABC television, ABC News, ESPN sports network, Disney's movies and site of original Disney entertainment for children; Disney will receive 43 percent of Infoseek in return for $70 million in cash and relinquishing ownership of Starwave, a company that creates elaborate Web sites; chart shows largest companies that have access to Internet (M)
Date: 19 June 1998
By Robin Pogrebin
Robin Pogrebin
Boston Globe announces that Pamela Smith, 42-year-old columnist at paper, a Pulitzer Prize finalist, fabricated people and quotations in four of her columns this year, and newspaper has asked for her resignation; in one case, she made up nearly an entire column about woman dying of cancer; photo (M)
Date: 19 June 1998
By Bloomberg News
Bloomberg News
Vencor Inc, second-largest nursing home operator in US, will cut as many as 1,100 jobs to save more than $100 million a year as it gets ready for change in Medicare payments (S)
Date: 18 June 1998
By Bloomberg News
Bloomberg News
Coventry Industries Corp to acquire Communicare PEO for more than $50 million to expand its employee staffing services; Coventry also terminates its letter of intent to acquire Kiwi International Holdings Inc (S)
Date: 18 June 1998
By Bloomberg News
Bloomberg News
American Express Co to buy Havas Voyages, France's biggest travel agency, for about 1 billion French francs ($166 million) from Havas SA (S)
Date: 19 June 1998
By Bloomberg News
Bloomberg News
Crane Co to acquire Sequentia Inc for $125 million (S)
Date: 18 June 1998
By Bloomberg News
Bloomberg News
LaSalle Partners Inc is in talks with Jones Lang Wootton that might lead to a merger; LaSalle also says it is in negotiations with Lend Lease Corp to buy Compass Management and Leasing Inc as well as Lend Lease's US retail management business (S)
Date: 19 June 1998
By Bloomberg News
Bloomberg News
Shares of Sbarro Inc fall 8 percent after company says its chairman Mario Sbarro and his family withdrew offer to buy company for $28.50 a share, or $380 million; Sbarro and its investment banker will consider other alternatives; company says payment of its regular dividend will remain suspended (S)