UNITED NEWS AND MEDIA TO BUY BLENHEIM
Date: 16 October 1996
By Afx News
Afx News
United News & Media PLC agrees to acquire Blenheim Group, which organizes exhibitions, for 500 pence a share, a total of 592.5 million pounds, or $935.5 million (S)
Replaying onsdag 16 oktober 1996
Den 16 oktober 1996 var en onsdag under stjärntecknet ♎. Det var 289 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
Om du föddes den här dagen är du 29 år gammal. Din sista födelsedag var den torsdag 16 oktober 2025, 262 dagar sedan. Din nästa födelsedag är den fredag 16 oktober 2026, om 102 dagar. Du har bott i 10 854 dagar, eller cirka 260 514 timmar, eller cirka 15 630 875 minuter, eller cirka 937 852 500 sekunder.
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16th of October 1996 News
Nyheter som framträdde på New York Times framsida den 16 oktober 1996
French Papers Shut by Strike Protesting End Of Tax Break
Date: 16 October 1996
By Craig R. Whitney
Craig Whitney
Strikers shut down French news organizations to protest Government's budget austerity plan that will phase out special tax breaks for journalists and members of about 100 professions (M)
As Dole Weighs Tougher Image, Poll Finds He Already Has One
Date: 16 October 1996
By Richard L. Berke
Richard Berke
New York Times/CBS News Poll finds that, even as Bob Dole and advisers agonize publicly over how hard to attack Pres Clinton in second and final debate, majority of Americans feel Dole is more combative than Clinton and spends more time attacking than explaining what he would do as President; finds voters' attitudes toward Dole and Clinton remain virtually unmoved since October 1995, and that even after first Presidential and Vice Presidential debates and tens of millions of dollars of dueling television commercials, Clinton remains ahead by 17 points; findings are latest complications for Dole, whose advisers view second debate in San Diego as Republican candidate's last hope for dramatic breakthrough; Clinton holes up in Albuquerque, NM, to prepare for debate, while Dole campaigns in San Diego, where he accuses Clinton of presiding over one of most unethical administrations in nation's history; graphs (M)
2D-QUARTER LOSS IS EXPECTED AT BORLAND INTERNATIONAL
Date: 17 October 1996
By Bloomberg News
Bloomberg News
Borland International Inc expects second-quarter loss of 32 to 36 cents a share and will dismiss 125 employees, or 15 percent of its work force; Borland expects to save $15 million to $17 million from job cuts (S)
UNIT THAT LAYS CABLE UNDER OCEANS TO BE SOLD BY AT&T
Date: 17 October 1996
By Bloomberg News
Bloomberg News
AT&T Corp is putting up for sale its AT&T Submarine Systems Inc unit; AT&T does not say how much it hopes to get for the unit (S)
U.S. ROBOTICS SHOWS A NEW, FASTER MODEM
Date: 17 October 1996
By Bloomberg News
Bloomberg News
US Robotics Inc displays new modem that can transmit information faster than existing devices, speeding up customers' connections to on-line services and the Internet; new modem can send data at 56,000 bits a second, leapfrogging current models that transmit at speeds up to 33,000 bits a second; new modem is expected to be available in January; Lucent Technologies Inc introduces a chip that offers same speed and expects to ship the chip in first quarter of 1997; Rockwell International Corp also displays its own 56,000 bit-per-second chip (S)
G.M. WINS ROUND IN SUIT AGAINST VOLKSWAGEN
Date: 17 October 1996
By Bloomberg News
Bloomberg News
US District Court Judge Nancy Edmonds rules that General Motors Corp's espionage case against Volkswagen AG will proceed in US District Court; Edmonds denies motion by Volkswagen to have case dismissed; General Motors is accusing Volkswagen of espionage, contending that GM's former purchasing chief Jose Ignacio Lopez de Arriortua stole corporate secrets and took them to Volkswagen when he switched companies in 1993 (S)
REYNOLDS METALS PLANS TO CUT 1,060 WORKERS
Date: 16 October 1996
By Bloomberg News
Bloomberg News
Reynolds Metals Co will cut 1,060 jobs under plan to increase profits amid slumping aluminum prices; Reynolds will reduce its 30,000-member work force by 3.5 percent through layoffs and attrition (S)
TRW TO BUY IZUMI'S STEERING WHEEL AND AIR BAG UNIT
Date: 16 October 1996
By Bloomberg News
Bloomberg News
TRW Inc agrees to buy steering wheel and air-bag business of Izumi Corp Industries for undisclosed amount; acquisition would allow TRW to offer auto makers a unit for each passenger with a steering wheel and air-bag system, which would lower car makers' costs by reducing number of supplier transactions (S)
STOCK PLUNGES ON CONCERN ABOUT NEW COMPETITION
Date: 17 October 1996
By Bloomberg News
Bloomberg News
Shares of Sun Microsystems Inc fall almost 10 percent on worry that new work station computers from rivals using Intel chips and Microsoft software will cut into Sun's sales and earnings; Sun, which holds 45 percent of work station market, bases its computers on its own technology (S)