World Briefing | Europe: Belarus: European Official Expelled
Date: 13 September 2002
By Sophia Kishkovsky (NYT)
Sophia NYT
Belarus government expels acting head of Minsk mission of Organization for Security and Cooperation in Europe; Pres Aleksandr Lukashenko has been at odds with organization over crackdowns on press and political opposition and recent charges that Belarus is selling weapons to Iraq (S)
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FORD SAYS IT WILL ACCOUNT FOR OPTIONS AS AN EXPENSE
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Ford Motor Co will start accounting for stock options as expense in January to reflect cost of paying executives and other employees (S)
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HONEYWELL REDUCES ITS PROFIT FORECASTS
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Honeywell International reduces its third-quarter and 2002 profit forecasts for second time this year, citing sluggish economy (S)
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McDONALD'S FRANCHISE OPERATORS SUPPORT AN OVERHAUL
Date: 14 September 2002
By Bloomberg News
Bloomberg News
Owners and operators of McDonald's restaurants approve plan to remodel restaurants and change menus across America (M)
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BOSTON SCIENTIFIC WINS APPROVAL FOR ARTERY DEVICE
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Boston Scientific wins federal approval for tiny tube called Express2 that helps keep arteries from re-clogging, first clearance for one of devices developed in its own laboratories; doctors say device, which combines Express stent with balloon catheter, is easier to place in body (S)
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STARWOOD TO SELL MORE HOTELS TO CUT DEBT
Date: 14 September 2002
By Bloomberg News
Bloomberg News
Starwood Hotels and Resorts Worldwide will increase sales of its properties to reduce debt and raise cash (S)
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NORTHROP IS SELLING 2 BUSINESSES TO L-3 COMMUNICATIONS
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Northrop Grumman agrees to sell two electronics businesses that make computers and displays to L-3 Communications Holdings (S)
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AOL TIME WARNER NAMES HEAD OF MARKETING ARM
Date: 14 September 2002
By Bloomberg News
Bloomberg News
AOL Time Warner Inc hires Michael Kelly to head marketing group (S)
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LILLY SUES TEVA OVER GENERIC PSYCHIATRIC DRUG
Date: 14 September 2002
By Bloomberg News
Bloomberg News
Eli Lilly & Co sues to block Teva Pharmaceuticals Inc from selling generic version of its schizophrenia drug Zyprexa until after patent expires in 2011 (S)
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MASCO SAYS IT PAID $800 MILLION FOR FOUR BUSINESSES
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Masco Corp acquires four building-products installers -- Service Partners, SCE Unlimited, IDI Group and Diversified Cabinet Distributors -- for more than $800 million in cash and stock (S)
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CANTOR FITZGERALD TO DONATE $4 MILLION TO RELIEF FUND
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Cantor Fitzgerald, bond and equity broker that lost 658 employees in Sept 11 terrorist attacks on World Trade Center, expects to give Sept 12 trading profits of $4 million to its family-relief fund; firm will make 'charity day' annual event (S)
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AHOLD UNIT IS BUYING ASSETS OF LADY BALTIMORE FOODS
Date: 13 September 2002
By Bloomberg News
Bloomberg News
Royal Ahold, world's largest food distributor, says its US Foodservice unit will acquire assets of Lady Baltimore Foods (S)
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