16. mars 1998 var en mandag under stjernetegnet til ♓. Det var 74 dagen i året. President i USA var William J. (Bill) Clinton.
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Date: 16 March 1998
By Iver Peterson
Iver Peterson
Study of news coverage over last 20 years documents shift toward human interest and celebrity journalism, but says it is not entirely a bad thing; study, conducted by Project for Excellence in Journalism, says news media now cover more of society, and human interest stories are not necessarily devoid of news (M)
Date: 16 March 1998
By Warren Hoge
Warren Hoge
The Independent, lone British newspaper to offer bias-free coverage of news, is being given second chance after falling on hard times; Anthony J F O'Reilly, Irish industrialist, says his Independent Newspapers chain is taking full control of Independent, and promises to establish United States-style division between news and editorial departments to reinforce notion of coverage free of bias; most papers in Britain reflect news of their owners in news pages as well as on editorial pages; Andrew Marr is named Independent's editor in chief and Rosie Boycott is editor for news and features; photos (M)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Norwood Promotional Products Inc to be acquired by FPK LLC, company formed by Norwood's chairman and chief executive, Frank Krasovec, in $85 million management buyout (S)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Thermo Electron Corp agrees to buy six units from Smiths Industries PLC for $73 million in cash to expand its food-inspection and emissions-monitoring equipment businesses (S)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
St Paul Bancorp agrees to buy rival Beverly Bancorporation for $170 million in stock (S)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Shares of Olivetti SpA surge amid talk that company may be taken over; graph (S)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Texaco Inc and Chevron Corp will spend $185 million to develop natural-gas site nearly two-thirds of mile below surface of Gulf of Mexico; Texaco owns 60 percent and Chevron 40 percent of reserve; drilling to begin later this year (S)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
International Business Machines Corp agrees to buy Chem Systems Group of Tarrytown, NY, for undisclosed price (S)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Exel Ltd says it will pay $2.1 billion in stock for 75 percent of Mid Ocean Ltd it does not own to increase its size and help attract larger clients (M)
Date: 17 March 1998
By Bloomberg News
Bloomberg News
Pearson PLC's second-half profit from operations fell 12 percent as company sold some businesses to focus on its higher-growth broadcast units; second-half net before charges fell to 136.5 million pounds ($228 million) (S)