Despite Intern, President Stays In Good Graces
Date: 24 February 1998
By James Bennet With Janet Elder
James With
Latest New York Times/CBS News Poll finds that most Americans believe Pres Clinton had an affair with Monica S Lewinsky, a former White House intern, but regard it as understandable for him to lie about his sexual conduct; many express disappointment with Clinton's personal behavior as President, calling it worse than expected, but draw sharp distinctions between private and professional conduct in Oval Office; 84 percent agree with proposition that one can still be good President despite questionable personal behavior; most say investigation into Clinton's relationship with intern should be dropped; three-quarters say press has spent too much time on issue; charts (M)
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President's Adviser Ordered to Divulge Contact With Press
Date: 24 February 1998
By Adam Nagourney
Adam Nagourney
Sidney Blumenthal, senior White House adviser, scores subpoena he has received to testify before grand jury about any conversations he had with journalists about office of independent prosecutor, Kenneth W Starr; is apparently the first White House official to be ordered to divulge discussions with reporters since Starr began investigating alleged sexual affair between Pres Clinton and Monica Lewinsky; says subpoena demands that he name journalists who have spoken to him about Starr, as well as records of conversations he has had about him with journalists; Starr's office withdraws subpoena it issued to Mickey Kantor, Clinton's personal lawyer, after he invokes attorney-client privilege (M)
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HARNISCHFEGER TO IMPOSE CUTBACKS AND TAKE A CHARGE
Date: 24 February 1998
By Bloomberg News
Bloomberg News
Harnischfeger Industries will cut jobs and investment and take charge of as much as $150 million to improve its pulp and paper machinery business, which has been weakened by Asia's economic crisis; reports its quarterly net income fell to $21.7 million from $30.9 million a year earlier (S)
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CHS ELECTRONICS TO ACQUIRE 80% OF HONG KONG CONCERN
Date: 24 February 1998
By Bloomberg News
Bloomberg News
CHS Electronics Inc will buy 80 percent of Hong Kong-based microcomputer distributor SIS Distribution Ltd for $70.4 million (S)
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ATMEL AGREES TO BUY A TEMIC BUSINESS FROM VISHAY
Date: 24 February 1998
By Bloomberg News
Bloomberg News
Atmel Corp agrees to buy unit of chip maker Temic Telefunken Microelectronic GmbH from Vishay Intertechnology Inc for about $140 million in cash (S)
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Canadian Power Deal
Date: 24 February 1998
By Bloomberg News
Bloomberg News
TransCanada Power Services Ltd will spend $83.7 million to buy power plant in northern Ontario and expand two plants (S)
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Theatreplex-Orix Venture
Date: 24 February 1998
By Bloomberg News
Bloomberg News
Theatreplex Entertainment Properties Inc forms $250 million joint venture with real estate unit of Orix Corp of Japan to buy, develop and provide financing for movie theaters in US (S)
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Investcorp Tops Quebecor In Bid for Watmoughs
Date: 24 February 1998
By Bloomberg News
Bloomberg News
Investcorp SA acquires Watmoughs Holdings, British printing company, for $408.8 million (US), topping hostile bid from Quebecor Inc (S)
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Metro Business; Staples to Take Over Most Rickel Leases
Date: 24 February 1998
By Bloomberg News
Bloomberg News
Staples Inc agrees to buy leases on 41 of 52 stores formerly occupied by Rickel Home Centers, bankrupt building materials retailer based in South Plainfield, NJ (S)
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Biggest British Bank Posts 10% Profit Gain
Date: 24 February 1998
By Bloomberg News
Bloomberg News
HSBC Holdings PLC says net income rose 10 percent in second half of 1997; net income was 1.76 billion pounds ($2.89 billion), up from 1.60 billion pounds a year earlier (S)
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