At the new Fox News Channel, the buzzword is fairness, separating news from bias.
Date: 07 October 1996
By Lawrie Mifflin
Lawrie Mifflin
Fox News Channel is not available to most viewers because of nasty battle between Time Warner Cable, which dominates New York City with 1.1 million cable subscribers, and Rupert Murdoch, chief of News Corp, Fox's parent; many journalists believe Murdoch created Fox News to offer conservative alternative to what he views as liberal bias among traditional news purveyors; reinforcing their belief is fact that new network's chairman and chief executive is Roger Ailes, well-known former Republican political strategist; drawing (M)
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City Hall Sees Cable Battle By TV Titans
Date: 08 October 1996
By Clifford J. Levy
Clifford Levy
New York City panel reviewing whether Time Warner should be allowed to keep its valuable cable television franchises in New York City conducts hearings; review is focusing on refusal by Time Warner to carry new 24-hour news channel started by News Corp (M)
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The Press Cops Out
Date: 07 October 1996
By William E. Jackson Jr
William Jackson
Op-Ed article by William E Jackson Jr, who ran unsuccessfully as candidate in North Carolina's Ninth Congressional District, accuses state's newspapers of abdicating their responsibility to fully inform voters; says polls are driving candidates, as journalists as well; drawing (M)
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In Spin Wars After the Debate, Clinton Campaign Takes Lead
Date: 08 October 1996
By James Bennet
James Bennet
Clinton Presidential campaign dominates news media following first Presidential election debate with Bob Dole, using phalanx of surrogates for spin control; photos (M)
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With Mixed Feelings, Iran Tiptoes to the Internet
Date: 08 October 1996
By Neil MacFarquhar
Neil MacFarquhar
Islamic Republic of Iran is in quandary over just how extensive electronic links with outside world should be; is eager to propagate its theocracy and become source for questions of Islamic law, but Government fears that everyone, from die-hard supporters of deposed Shah to Western pornographers, will storm in via cyberspace; is trying to centralize all acccess to World Wide Web through Ministry of Posts and Telecommunications; photo (M)
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HEARTPORT SHARES SURGE ON NEWS OF F.D.A. APPROVAL
Date: 08 October 1996
By Bloomberg News
Bloomberg News
Heartport Inc says Food and Drug Administration will allow it to market its minimally invasive heart surgery systems in United States; systems allow doctors to perform heart surgery wihtout having to crack open chest (S)
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SINTER TO ACQUIRE PRESSED POWDER UNITS
Date: 08 October 1996
By Bloomberg News
Bloomberg News
Sinter Metals Inc agrees to buy Maag Holding AG's Powder Metal Holding Inc for about $215 million (S)
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Loss at Advanced Micro Smaller Than Expected
Date: 08 October 1996
By Bloomberg News
Bloomberg News
Advanced Micro Devices Inc reports third-quarter loss of $38.4 million, narrower than expected; revenue fell 25 percent, to $456.9 million, from year earlier; results reflect restructuring charge of $6 million after company dismissed 200 of its 15,200 employees because of weak demand (M)
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Lousiana-Pacific Sets Income Charge
Date: 08 October 1996
By Bloomberg News
Bloomberg News
Louisiana-Pacific Corp says it will take $215 million charge against third-quarter earnings to cover expected costs for shutting some of its plants and settling lawsuits; charge will result in loss for quarter (S)
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Viacom and Hubbard Swap TV Stations
Date: 08 October 1996
By Bloomberg News
Bloomberg News
Viacom Inc's Paramount Stations Group unit and Hubbard Broadcasting Inc conclude deal to swap Paramount's WTOG television station in Tampa, Fla, for two Hubbard stations in upstate New York, WNYT in Albany and WHEC in Rochester; transaction was approved by Federal Communications Commission (S) y
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