Den 18 mars 1996 var en måndag under stjärntecknet ♓. Det var 77 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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18th of March 1996 News
Nyheter som framträdde på New York Times framsida den 18 mars 1996
No Press Cards for Spies
Date: 18 March 1996
An old debate has been needlessly revived in a report on intelligence sponsored by the Council on Foreign Relations. The report, prepared under the guidance of the project's director, Richard Haass, a former Government official, calls for reviewing "a number of legal and policy constraints" on clandestine operations dating to the 1970's. Those constraints chiefly concern the use of spies posing as reporters and the employment of bona fide reporters for intelligence missions. Both practices were all but banned then, and should be prohibited now. During the cold war, a pattern of informal collaboration developed between some journalists and the Central Intelligence Agency. Foreign correspondents and C.I.A. station chiefs sometimes swapped information. In 1976, a Senate committee headed by Frank Church learned that this practice had gotten out of hand. Fifty journalists at various times had been paid by the C.I.A., and many more were used as "unwitting sources."
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German Writer Sets Off Storm on Serbia
Date: 18 March 1996
By Stephen Kinzer
Stephen Kinzer
One of the most popular German-language writers of the postwar generation, Peter Handke, has stirred a sensation with a long essay defending Serbia against what he describes as a conspiracy of lazy and mendacious journalists who surf "from cliche to cliche." Leading intellectuals have bitterly denounced Mr. Handke's work, provoking a full-scale literary and political uproar. Nothing comparable has been seen here since a decade ago, when a handful of revisionist historians set off a storm of protest by suggesting that Germany did not bear sole guilt for World War II.
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NEWS SUMMARY
Date: 19 March 1996
International A3-10
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NEWS SUMMARY
Date: 18 March 1996
International A2-9
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CRITIC'S NOTEBOOK;The Duel of the News Magazines Begins
Date: 19 March 1996
By Walter Goodman
Walter Goodman
So, as advertised, "Dateline" went up against "60 Minutes" for the first time, the young shootist drawing against the old pro. Making a judgment on this sort of contest on the basis of a single encounter is like picking the winner in an N.C.A.A. matchup after the first couple of minutes on the court, but the event invites attention. Did Sunday night get a lot more interesting, as the NBC advertisement promised? Did people who did not watch "60 Minutes" have nothing to talk about around the water cooler on Monday, as the CBS ad threatened? We can assume that both sets of producers put their strongest material forward. Most of the "Dateline" hour was given to a worry-of-the-week story about treatment in emergency wards. Here's what you have to lose sleep over this week: If you are carried from an accident in such dire shape that the hospital you wind up at cannot handle you, will you be accepted by a bigger hospital that has the surgeon you need?
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COMPANY NEWS;WESTCOTT COMMUNICATIONS EXPLORING SALE
Date: 19 March 1996
Bloomberg Business News
Bloomberg News
Westcott Communications said yesterday that it was exploring a possible sale or merger that would improve its ability to sell its interactive training systems to larger clients. The company is a provider of multimedia educational and training services. Shares of Westcott rose $2.063 yesterday, to $17.063. But the company could sell for about $25 a share, or $490 million, said Joel Krasner, a securities analyst at Southcoast Capital. Mr. Krasner named AT&T and MCI Communications as potential buyers. Westcott said a sale or merger would enable it to expand its subscriber base for its interactive educational training systems more rapidly.
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POLITICS: NEWS ANALYSIS;A Campaign Calculator for the Budget
Date: 19 March 1996
By Alison Mitchell
Alison Mitchell
When President Clinton presents his $1.64 trillion budget for 1997 on Tuesday, it will be the opening initiative in a new phase of the Presidential race in which Pennsylvania Avenue supersedes the hustings. An unprecedented contest between a President of one party and the sitting Senate majority leader of another is now under way, and advisers to both Mr. Clinton and Senator Bob Dole say the campaign will be waged in the next few months in a legislative battle over a few issues. Central among them are the balanced budget, with its ancillary issues of Medicare and Medicaid, and welfare and other health care proposals.
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COMPANY NEWS;ISOLYSER TO PURCHASE MICROTEK FOR $106.5 MILLION
Date: 19 March 1996
Bloomberg Business News
Bloomberg News
The Isolyser Company agreed to acquire Microtek Medical Inc. for $106.5 million in a move that would increase its overseas sales of disposable medical supplies. Under the agreement, Isolyser will issue stock valued at $87.5 million, or $16.50 a share, and assume $19 million of debt. In Nasdaq trading yesterday, shares of Microtek rose $4.375, to $15.625. Shares of Isolyser rose 62.5 cents, to $17.50. Microtek makes disposable products like drapes and pouches for use in operating rooms. Isolyser also makes disposable products for health care uses. Fred Harlow, Isolyser's chief financial officer, said the acquisition gave the company, which has little international presence, a broader market for its disposable products.
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COMPANY NEWS;PENNY'S TO ADD STORES AND STRESS WOMEN'S APPAREL
Date: 19 March 1996
Bloomberg Business News
Bloomberg News
The J. C. Penney Company will budget about $700 million in capital spending each of the next three years, open 100 new stores in 1996 and close 50 to 60 stores, a company executive said. Penney's also plans to modernize 500 stores, and place a new emphasis on women's apparel and accessories, said Wynn Watkins, vice president and director of investor relations. The company plans to open nine of its J. C. Penney Home Store outlets this year and 12 in 1997.
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COMPANY NEWS;PRIDE PETROLEUM TO BUY ARGENTINA DRILLING CONTRACTOR
Date: 19 March 1996
Bloomberg Business News
Bloomberg News
Shares of Pride Petroleum Services Inc. closed up 17 percent yesterday after the company said that it had agreed to acquire Argentina's largest drilling contractor for about $140 million. Pride will pay a combination of cash and notes for Quitral-Co. Saic, which operates 30 drilling and 78 workover rigs in Argentina and Venezuela. Shares of Pride rose $1.875, to $13.25.
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