Web Service's News Reports To Be Carried By The A.P.
Date: 31 January 2000
By Felicity Barringer
Felicity Barringer
Associated Press will begin distributing work of Cnet News.com, Internet site, as part of AP's overall offering of financial news; deal with Cnet Inc is AP's first with nontraditional news organization and provides another validation of Internet journalism; Associated Press's deal with Cnet represents major news organization's desire to compete more aggressively in new media world; AP's chief rival, Reuters news service, earned 55 percent of its revenue in 1998 from online sites; Robert Crooke, Reuters spokesman, says there are 250 online sites that buy Reuters service, 20 percent of them owned by traditional newspaper and broadcast companies (M)
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A Police Reporter Savors a Reputation For Relentlessness
Date: 31 January 2000
By Felicity Barringer
Felicity Barringer
Leonard Levitt, known as relentless reporter, began looking into police investigation of 1975 murder of Martha Moxley as freelancer in 1983, but his article was not printed until 1991, when case came back into news; Levitt's original article detailed failure of police in Greenwich, Conn, to search home of Michael Skakel, even though alleged murder weapon came from there; Skakel was arrested in connection with Moxley's death this month; photo (M)
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DUPONT CONSIDERS ISSUING A TRACKING STOCK
Date: 01 February 2000
By Bloomberg News
Bloomberg News
E I du Pont de Nemours & Co is considering issuing tracking stock for one or more of its nonchemical units, altering its original plan to issue shares reflecting the performance of its entire life science business (S)
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WASTE MANAGEMENT TO SELL FINLAND BUSINESS
Date: 01 February 2000
By Bloomberg News
Bloomberg News
Waste Management Inc sells its business in Finland to Lassila & Tikanoja PLC for about $100 million (S)
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LYONDELL AND OCCIDENTAL WON'T BUY EQUISTAR CHEMICALS
Date: 01 February 2000
By Bloomberg News
Bloomberg News
Lyondell Chemical Co and Occidental Petroleum Corp decline to buy out 29.5 percent stake held by Millennium Chemicals Inc in companies' Equistar Chemicals LP joint venture, valued by Millennium at $800 million; Lyondell owns 41 percent and Occidental owns 29.5 percent of Equistar; Lyondell says it rejected offer because it wants to reduce debt; Occidental says it is not interested in offer (S)
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EXPEDIA INC. AGREES TO BUY TWO TRAVEL WEB SITES
Date: 01 February 2000
By Bloomberg News
Bloomberg News
Expedia Inc, online travel company controlled by Microsoft Corp, agrees to buy Travelscape.com Inc and VacationSpot.com Inc, for about $161 million in stock and assumed debt (S)
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European Online Unit
Date: 31 January 2000
By Bloomberg News
Bloomberg News
CLT-UFA SA, Europe's biggest broadcaster, will create separate company for online business of RTL, Germany's most-watched commercial television station, in bid to expand in Internet (S)
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FORTIS TO BUY BANK
Date: 01 February 2000
By Bloomberg News
Bloomberg News
Belgium's largest publicly traded company, Fortis AG, agrees to pay about 1.62 billion euros ($1.59 billion) for 47 percent of Banque Generale du Luxembourg SA it does not own; graph (S)
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Metro Business; Real Estate Concern To Sell 60 Broad St.
Date: 01 February 2000
By Bloomberg News
Bloomberg News
Kennedy-Wilson Inc plans to sell building at 60 Broad Street in Lower Manhattan (S)
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EURO DROP COULD SPUR INFLATION
Date: 01 February 2000
By Bloomberg News
Bloomberg News
European Central Bank president Wim Duisenberg says further declines in Europe's common currency, the euro, could spur faster inflation in region; euro sank to to record low of 97.35 US cents on Jan 28, down 16 percent since its inception in January 1999; photo (S)
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