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Date: 25 June 2004
By John Shaw ( NYT)
John NYT
Standard & Poor's says it has majority support for its ruling that News Corp cannot be listed in Australian Stock Exchange's top 200 index after it moves its base to New York later in 2004 and joins New York Stock Exchange's 500-stock index; graph (S)
Date: 25 June 2004
By Thom Shanker
Thom Shanker
Deputy Defense Sec Paul D Wolfowitz issues unusual apology to journalists covering Iraq for saying at House Armed Services Committee hearing that correspondents in Baghdad are afraid to travel and, therefore, publishing rumors; notes that 34 journalists have given their lives since beginning of war in Iraq (M)
Date: 25 June 2004
By Keith Bradsher (NYT)
Keith NYT
New China News Agency reports that Chinese Maritime Search and Rescue Center and China Ocean Shipping Company conducted joint operation simulating suicide bomb attack on tanker in South China Sea (S)
Date: 25 June 2004
By Bill Carter
Bill Carter
Media company executives express frustration at federal appeals court ruling largely reversing FCC's rollback of restrictions on media companies' ownership of both newspapers and television stations in single market as well as on number of local television and radio stations they can own in same market; company that could be affected most by ruling is Tribune Co, which, in worst case, could face loss of either some television stations or newspapers; comments from executives at Tribune Co, News Corp and Gannett Co (M)
Date: 24 June 2004
By Sheryl Gay Stolberg
Sheryl Stolberg
John Gorenfeld publishes account in online magazine Salon of March 23 ceremony at which Rev Sun Myung Moon donned crown in Senate office building and declared himself Messiah, with some members of Congress in attendance; news is causing stir and some lawmakers attending what was billed as peace awards banquet are backpedaling, saying they missed coronation or saw it and did not think much of it at time; others insist they were duped and had no idea organization holding reception was connected to Moon, who mingles with power elite by dint of his dual roles as religious leader of Unification Church and media mogul; Moon owns conservative Washington Times and wire service United Press International; photo (M)
Date: 25 June 2004
By Julia Preston
Julia Preston
Trial of Lynne F Stewart, who is charged with providing 'material support' to terrorists, continues; at heart of prosecution's case are series of legal documents she signed agreeing not to help her client, convicted terrorist Sheik Omar Abdel Rahman, communicate with outside world from prison; in one instance, she signed agreement just days before she accepted letter from Abdel Rahman during prison visit, and released it on his instructions to international wire service (M)
Date: 25 June 2004
By Floyd Norris
Floyd Norris
Floyd Norris column cites SEC handling of Salesforce.com initial public offering to criticize its policy of permitting management to conduct 'road shows' with certain investors before public offering so long as what it tells them is not written down or shared with press; notes that after a company has gone public, management is not allowed say anything significant to some investors without making information available to all; also faults SEC for not forcing company to highlight fact that Marc Benioff, Salesforce.com's chief executive, sold two million shares of company's stock in December 2003, just days before it filed to go public, at price of $8 a share, less than half of what public investors are now willing to pay; graph (M)
Date: 24 June 2004
By Maureen Dowd
Maureen Dowd
Maureen Dowd Op-Ed column says Deputy Defense Sec Paul Wolfowitz displayed a grandiosity of self-delusion in his recent appearance before House Armed Services Committee; says he blamed press for negative stories coming out of Iraq, and dodged responsibility he bears for turning Iraq into 'shooting gallery' and Al Qaeda recruitment center; says he is ummoved by 9/11 panel's conclusion that Saddam Hussein and Al Qaeda had no collaborative relationship; says he lectures Americans not to be impatient, and he implies that Americans are complicit in killing of American soldiers in Iraq if they do not go along with Bush administration policies there; calls Wolfowitz 'talented propagandist' (M)
Date: 25 June 2004
By Richard W. Stevenson and David Johnston
Richard Stevenson
Team of federal prosecutors led by US Atty Patrick J Fitzgerald interviews Pres Bush in Oval Office as part of their investigation into whether administration officials illegally disclosed identity of undercover CIA officer Valerie Plame to journalist Robert D Novak; Bush is not under oath and is accompanied by lawyer James E Sharp; Plame is married to Joseph C Wilson IV, former diplomat who played role in disclosing that Bush was relying on discredited intelligence when he asserted in 2003 State of the Union address that Iraq had tried to acquire uranium from Niger; photo (M)
Date: 25 June 2004
By Neil MacFarquhar
Neil MacFarquhar
Government of Tunisia blocks Web sites it deems politically threatening; ability to offer Web services is kept within small privileged circle and harsh jail sentences are meted out to young men convicted of creating or even visiting banned Web cafes; deputy director of Tunisian League for Human Rights says country is economically liberated, but not politically free; Tunisian officials defend country's Internet record; note that sites that were once blocked, like Amnesty International and much of French press, are now open; human rights advocate laments that because Pres Zine el-Abidine Ben Ali is seen as 'good partner' in war against terrorism, Americans ignore measures he takes against democracy; photo (M)