World Business Briefing | Asia: India: Murdoch Seeks Software Stake
Date: 15 July 2003
By Saritha Rai (NYT)
Saritha NYT
Rupert Murdoch's News Corp will offer to buy up to 20 percent of Hughes Software Systems, Indian communications software subsidiary of Hughes Electronics Corp; offer is related to plans by News Corp to buy controlling stake in Hughes electronics from General Motors Corp (S)
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White House Letter; Relaxing and Reflecting, Fleischer Loosens Up
Date: 14 July 2003
By Elisabeth Bumiller
Elisabeth Bumiller
July 14 is Ari Fleischer's last day on job as White House press secretary; he says one of hardest parts of his job has been walking tightrope that exists between White House and press corps (M)
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Sports of The Times; Pitcher Is Taken Out Without Being Told
Date: 15 July 2003
By Ira Berkow
Ira Berkow
Ira Berkow Sports of The Times column contends that last-minute inclusion of New York Yankees veteran pitcher Roger Clemens at expense of Oakland Athletics pitcher Barry Zito in All Star game is another example of Major League Baseball's misguided tinkering with exciting but meaningless mideason exhibition game; Zito learns of substitution from media, not Oakland general manager Billy Beane, who told MLB Zito would not be able to pitch and opened door for Clemens appearance (M)
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World Briefing | Middle East: Iran: Journalist Arrested
Date: 15 July 2003
By Nazila Fathi (NYT)
Nazila NYT
Iranian judiciary arrests journalist Iradj Rastegara, who is fourth journalist to be arrested in four days, amid sweeping antigovernment protests; President Mohammad Khatami orders investigation into recent death of Iranian-Canadian photojournalist (S)
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To Zito's Surprise, He's Out and Clemens Is In
Date: 15 July 2003
By Jack Curry
Jack Curry
Oakland Athletics pitcher Barry Zito, scheduled to pitch in All Star game, is informed during media interview that Oakland general manager Billy Beane told MLB that Zito was not able to pitch, allowing New York Yankees pitcher Roger Clemens to be member of American League all star team; Beane suggested Zito should not pitch on one day's rest, but many believe this was seen as way to get Clemens, who will retire after this year, to All Star game; photo (M)
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GOLDMAN SACHS REALTY UNIT EXPANDS IN SWEDEN
Date: 15 July 2003
By Bloomberg News
Bloomberg News
Whitehall Street Real Estate unit of Goldman Sachs Group Inc agrees to buy 31 properties from Drott AB for 5.2 billion kronor ($641.6 million) to increase its holdings in Sweden (S)
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TOYOTA TO EXPAND ITS NEW ALABAMA FACTORY
Date: 15 July 2003
By Bloomberg News
Bloomberg News
Toyota Motor Corp will spend $20 million more at new Alabama factory to make V-6 engines to match increased pickup truck production in North America; is adding 150 jobs, to total of 500 at plant (S)
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ILLINOIS COURT ORDERS TOBACCO DECISION REVIEW
Date: 15 July 2003
By Bloomberg News
Bloomberg News
Illinois appeals court orders trial judge to reconsider his decision reducing how much Philip Morris USA must deposit to appeal $10.1 billion verdict for misleading Illinois smokers about dangers of 'light' cigarettes; judge cut bond for Philip Morris to $6.8 billion from $12 billion (S)
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BURBERRY SALES REBOUND AS PANIC ABOUT SARS SUBSIDES
Date: 15 July 2003
By Bloomberg News
Bloomberg News
British luxury-goods retailer Burberry Group says sales revived toward end of first quarter as price cuts and end of SARS epidemic encouraged shoppers to return to stores; sales at outlets opened at least year gained 1 percent to 2 percent in three months ended June 30 (S)
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KONICA GETS U.S. ANTITRUST APPROVAL TO ACQUIRE MINOLTA
Date: 15 July 2003
By Bloomberg News
Bloomberg News
Konica Corp is cleared by Justice Department to buy Minolta Co and become one of Japan's largest makers of camera and imaging equipment; combined company will be called Konica Minolta Holdings (S)
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AMERICAN HOME MORTGAGE TO BUY REAL ESTATE COMPANY
Date: 15 July 2003
By Bloomberg News
Bloomberg News
American Home Mortgage Holdings, which lends money through 206 branches and Internet, acquires Apex Mortgage Capital Inc for $186 million (S)
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