How to Find a Trend When None Exists
Date: 25 August 2001
By John Allen Paulos
John Paulos
Prof John Allen Paulos Op-Ed article notes many of perils that dominate news are statistically insignificant, while more significant events are also distorted when filtered through news media (M)
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Efforts to Muzzle the Press Spread in Southern Africa
Date: 25 August 2001
By Henri E. Cauvin
Henri Cauvin
African journalists fear other countries in southern Africa are emulting Zimbabwe's muzzling of press; Zambia's shutdown of radio station and jailing of newspaper editor Fred M'membe cited, as well as pressure from officials even in relatively placid places like Botswana and Namibia; photo of Geoff Nyarota, journalist arrested recently in Zimbabwe (M)
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WORKERS STRIKE AT MITSUBISHI PLANT IN ILLINOIS
Date: 25 August 2001
By Bloomberg News
Bloomberg News
UAW members at Mitsubishi Motor Co plant in Normal, Ill, strike over wage dispute (S)
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TRIBUNE AND KNIGHT RIDDER TO EXPAND JOBS VENTURE
Date: 25 August 2001
By Bloomberg News
Bloomberg News
Tribune Co and Knight Ridder agree to buy HeadHunter.net Inc, online job service, for $200 million to expand their joint venture and add CareerBuilder brand to newspapers (S)
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FIRSTENERGY AGREES TO PAY SOME GPU LOSSES ON POWER
Date: 25 August 2001
By Bloomberg News
Bloomberg News
FirstEnergy Corp, which seeks to acquire GPU Inc, agrees to pay $300 million of losses sustained by GPU when it was forced to buy power in open market at prices higher than it could charge its customers in New Jersey; move is taken in order to gain state regulators' approval of buyout deal (S)
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FLEETBOSTON ARRANGES $6 BILLION LOAN FOR FINOVA GROUP
Date: 25 August 2001
By Bloomberg News
Bloomberg News
FleetBoston Financial Corp arranges $6 billion securitized loan to be used by Finova Group, commercial lender that came out of bankruptcy court this week; FleetBoston arranged financing for Warren Buffett's Berkshire Hathaway and Leucadia National, which formed joint venture to lend Finova money to pay off its creditors (S)
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PILOTS REJECT PROPOSAL THAT WOULD LIMIT STRIKE RIGHTS
Date: 25 August 2001
By Bloomberg News
Bloomberg News
Pilots at American Airlines reject company contract proposal that would have increased pay immediately as much as 22 percent in exchange for Allied Pilots Association's giving up right to strike (S)
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Hughes Plans to Cut 10% of its Work Force
Date: 25 August 2001
By Bloomberg News
Bloomberg News
Hughes Electronics plans to reduce its US workforce by as much as 10 percent, the bulk from DirecTV unit (S)
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Travelocity Buys Agency
Date: 25 August 2001
By Bloomberg News
Bloomberg News
Travelocity.com Inc, largest US online travel service, buys British-based travel agency Air Tickets Direct to become more competitive in Europe (S)
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Utility Deal Is Explored in California
Date: 25 August 2001
By Bloomberg News
Bloomberg News
City Light and Power, closely held company that operates street lights in Long Beach, Calif, seeks financing to buy Edison International, owner of Southern California Edison Co (S)
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