Den 22 juni 1998 var en måndag under stjärntecknet ♋. Det var 172 e dagen i året. Förenta staternas president var William J. (Bill) Clinton.
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Date: 22 June 1998
By Robin Pogrebin
Robin Pogrebin
Columbia Journalism Review, responding to new competition from Brill's Content, seeks to jazz up its look; editor Marshall Loeb welcomes competition; photo (S)
Date: 22 June 1998
By Andy Borowitz
Andy Borowitz
Op-Ed article by film producer Andy Borowitz on dismissal of Boston Globe columnist Pamela Smith for fabricating articles (M)
Date: 22 June 1998
By Lawrie Mifflin
Lawrie Mifflin
Time magazine orders probe into accuracy of its recent article, written by Cable News Network journalists, holding United States military dropped lethal nerve gas sarin on Laotian village in 1970, during Vietnam war, as part of secret mission to kill American defectors; will publish letter to readers from managing editor Walter Isaacson saying Time will correct any mistakes or clarify any disputes in future issues; Isaacson defends CNN's journalistic standards, but notes some of evidence CNN gathered is now suspect, interview; both news organizations are owned by Time Warner Inc; report failed to mention that Robert Van Buskirk, one of two soldiers who said they were there for operation, also told CNN producer April Oliver that he had repressed all memory of day's events since 1974 (M)
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Special Devices Inc agrees to be acquired by unit of J F Lehman & Co for about $296 million (S)
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Coach USA Inc to buy 10 bus and ground-transportation companies with total annual revenue of about $125 million; terms undisclosed; acquisitions include Gray Line New York, Shortline, Airport Connection, Tippett Travel, Valen Transportation and Mini Coach of Boston Inc (S)
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Japan's new financial watchdog agency, Long Term Credit Bank of Japan Ltd, starts operations, taking over supervision of nation's banks, brokerage firms and insurance companies; head of agency, Masaharu Hino, holds his first news conference and says agency is having no difficulty with its operations (S)
Date: 22 June 1998
By Bloomberg News
Bloomberg News
J Bruce Llewellyn, chairman of Philadelphia Coca-Cola Bottling Co, plans to make a bid to buy National Football League's Minnesota Vikings (S)
Date: 23 June 1998
By Bloomberg News
Bloomberg News
South Korea says it will sell as much as a third of Korea Telecom Co, its biggest telephone company, to foreign investors in share sale that could raise $2.4 billion to help finance country's economic recovery (S)
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Petroleum GeoServices ASA, Norwegian oil services company, agrees to pay combined $139 million for British offshore drilling business and US seismic data provider to expand its range of oilfield services; PGS to pay $35 million, including $20 million in assumed debt, for Acadian Geophysical Services Inc, provider of seismic data for oil exploration in Gulf of Mexico; PGS will pay $104 million in stock for Atlantic Power Group (S)
Date: 23 June 1998
By Bloomberg News
Bloomberg News
Goldman, Sachs & Co may be headed for conflict with its biggest client, William H Gates; Goldman says that one of its real estate funds and partner are in talks to buy British hotel company Cliveden PLC; last week, Destination Europe Ltd, owned by group that includes Gates, agreed to buy Cliveden for $71 million (US); potential competition for Cliveden comes as Goldman prepares to sell 10 percent to 15 percent stake to public, raising as much as $5 billion for the bank (S)