NOVARTIS TO DEVELOP TREATMENT WITH REGENERON
Date: 29 March 2003
By Bloomberg News
Bloomberg News
Novartis to buy $48 million of newly issued Regeneron Pharmaceuticals Inc shares and pay company $27 million to jointly develop and sell rheumatoid arthritis treatment, IL-1 Trap; drug is aimed at blocking interleukin-1, protein linked to inflammation and joint destruction (S)
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PRUDENTIAL TO SELL AUTO INSURANCE UNIT TO NATIONWIDE
Date: 29 March 2003
By Bloomberg News
Bloomberg News
Prudential Financial Inc to sell THI Holdings Inc, auto insurance unit, to Nationwide Mutual Insurance Co for $141.8 million in cash and dividend distribution (S)
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ATLAS AIR HALTS PAYMENTS ON BANK DEBT AND LEASES
Date: 29 March 2003
By Bloomberg News
Bloomberg News
Atlas Air Worldwide Holding, freight carrier for other airlines, halts payments on bank debt, senior notes and leases for 44 planes while it reorganizes repayment agreements (S)
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USA Today Top Executive Named to Run News Service
Date: 29 March 2003
By Jennifer Bayot
Jennifer Bayot
Thomas Curley, president and publisher of USA Today, will become president and chief executive of Associated Press; news service's governing board says appointment supports mission of Associated Press to broaden its reach to other media and to services like placement of advertising; Curley will succeed Louis D Boccardi (S)
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Packers to Match Lions' Offer to Diggs
Date: 30 March 2003
By Bloomberg News
Bloomberg News
Green Bay Packers match Detroit Lions' offer sheet for free agent linebacker Na'il Diggs (S)
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NEWS SUMMARY
Date: 29 March 2003
INTERNATIONAL A2-6 War News Summary B2 Quiz Show Scandal Trial Captures Britain's Attention Charles Ingram, the third contestant in Britain's ''Who Wants to Be a Millionaire?'' quiz show to win £1 million, is on trial, accused of cheating his way to the jackpot with the help of his wife and another contestant, Tecwen Whittock, a university professor who signaled correct answers with a series of coughs. A3
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NEWS SUMMARY
Date: 30 March 2003
INTERNATIONAL A3-12 War News Summary B2 A Mission of Hope On a Mountain in Russia Rescue workers are searching for survivors trapped beneath an avalanche in Russia's Caucasus Mountains. Most of the rescuers have given up their jobs to help in the search. Few missions are so selfless, for the Karmadon avalanche occurred more than six months ago. A3
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HealthSouth Executive to Plead Guilty to Fraud
Date: 30 March 2003
By Bloomberg News
Bloomberg News
Emery Harris, HealthSouth vice president, prepares to plead guilty to accounting-related charges; FBI expands its investigation of company's chief executive, Richard M Scrushy, to include examination of his private investments (M)
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From a Bar Stool, Same News as Last Week
Date: 30 March 2003
By Anemona Hartocollis
Anemona Hartocollis
Anemona Hartcollis Coping column on reactions by patrons of Yankee Tavern in Bronx to war in Iraq; drawing (M)
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STANDARD & POOR'S SAYS IT MIGHT LOWER ALTRIA'S RATING
Date: 29 March 2003
By Jonathan Fuerbringer (NYT)
Jonathan NYT
Standard & Poor's weighs lowering credit rating of Altria Group to below investment grade because Altria's Philip Morris unit must raise $12 billiion for bond to appeal $10.1 billion tobacco judgment against it in Illinois (S)
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