Den 3 oktober 1994 var en måndag under stjärntecknet ♎. Det var 275 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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3rd of October 1994 News
Nyheter som framträdde på New York Times framsida den 3 oktober 1994
A New Press Role: Solving Problems
Date: 03 October 1994
By William Glaberson
William Glaberson
At more than a dozen news organizations across the country, journalists are experimenting with coverage aimed not only at providing accounts of events but also at provoking people to get involved in public issues. Often called public or civic journalism, the movement is so young that some of its proponents say they are still defining it. But some editors who are experimenting with public journalism say that instead of emphasizing conflict, they want news coverage to spur people to find solutions to political and community problems.
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French Dailies Struggling in an Uncertain Market
Date: 03 October 1994
By Alan Riding
Alan Riding
Having the first issue of his redesigned morning newspaper distributed at 2 P.M. last Monday was not what Serge July, the editor of Liberation, had in mind when he set out to overhaul the left-of-center tabloid. But a day later, with the technical problems ironed out, Mr. July was able to turn his attention to his main goal: capturing more readers and advertising.
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Simpson Judge Sets Hearing On TV and Radio Coverage
Date: 04 October 1994
By David Margolick
David Margolick
Judge Lance A. Ito has proposed pulling the plug on all television and radio coverage of the O. J. Simpson trial, and has asked Court TV and lawyers for the electronic media to tell him why he should not. Judge Ito, in a terse notice dated Sept. 30, but released only this morning, gave two reasons for his trial balloon: the broadcast -- and re-broadcast -- by a local television station of what he has called false reports about DNA test results incriminating Mr. Simpson in the June 12 slaying of his former wife, Nicole Brown Simpson, and her friend Ronald L. Goldman, and televised film footage showing the faces of prospective jurors.
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Electronic Newspaper
Date: 03 October 1994
The Gainesville Sun, a Florida newspaper owned by The New York Times Company, has agreed to publish an electronic edition in cooperation with the College of Journalism and Communications at the University of Florida. Students will prepare the electronic paper, which will offer versions of articles to be published in The Sun the next day. The service, known as SUN.ONE, will have advertising and will be offered at no charge for 30 minutes a day. Unlimited usage can be purchased for flat fees starting at $6.66 a month. Customers must have a personal computer and modem.
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GRACE SELLS CHOMERICS FOR $40 MILLION
Date: 04 October 1994
By Bloomberg News
Bloomberg News
W. R. Grace & Company said yesterday that it had sold its Chomerics Inc. unit, which makes radio-frequency shields for electronic equipment, for $40 million in cash to the Parker Hannifin Corporation. Chomerics, based in Woburn, Mass., had $55 million in revenue last year. Grace, based in Boca Raton, Fla., classified Chomerics as a discontinued operation last year. Grace said the transaction increases to $200 million the money generated by the sale of peripheral units this year. The company has said it planned to raise $700 million this year.
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KODAK OFFERS TO BUY BACK SOME DEBT
Date: 04 October 1994
By Bloomberg News
Bloomberg News
Fulfilling a pledge to reduce its debt load, the Eastman Kodak Company announced a tender offer yesterday to buy back up to $4.8 billion in publicly traded bonds, about three-quarters of its debt. The company, based in Rochester, said it would pay for the bonds with the proceeds from sales of its drug and household products businesses. Kodak said it would begin paying down debt before it completed the asset sales, using proceeds from an interim credit facility. The offer would eliminate up to 76 percent of the $6.3 billion in consolidated debt Kodak reported at the end of the second quarter.
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PLY-GEM TO TAKE A CHARGE AND CUT ITS WORK FORCE
Date: 04 October 1994
By Bloomberg News
Bloomberg News
Ply-Gem Industries, a building materials company based in New York, said yesterday that it would take a $36.3 million pretax charge against third-quarter earnings and cut 15 percent of its work force to improve profitability. As part of the cost cutting, which Ply-Gem said in August it was considering, the company will cut 600 jobs, close certain facilities and evaluate its business operations in the next 12 months. The moves are expected to save Ply-Gem $12 million before taxes annually. Ply-Gem's stock was up 12.5 cents, to $23.25, on the American Stock Exchange.
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Heinz's India Deal
Date: 03 October 1994
By Bloomberg News
Bloomberg News
The H. J. Heinz Company said last week that it had completed the acquisition of the family product division of Bombay-based Glaxo India Ltd. for about $70 million. The division has annual sales of about $50 million, with products like Complan adult nutrition drinks, Glucon beverage mixes, Farex baby foods, Glacto infant formula and Nycil talcum powders.
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Drilling Activity Up
Date: 03 October 1994
By Bloomberg News
Bloomberg News
Baker Hughes Inc. said last week that its rig count, a measure of oil and natural gas activity in the United States, rose by 2 last week, to 838. A year ago, 856 rigs were drilling. The number of rigs drilling for oil last week rose 9, to 348, while the number for gas drilling was down 8, to 476. Rigs not designated in either category rose 1, to 14.
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Financial Strain at S.E.C.
Date: 04 October 1994
By Bloomberg News
Bloomberg News
The Securities and Exchange Commission said today that it was taking several emergency steps to conserve funds because the Senate had not approved the agency's budget authorization for the 1995 fiscal year. The House approved a bill to finance the S.E.C. last Tuesday.
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