The December 4, 1993 was a Saturday under the star sign of ♐. It was the 337 day of the year. President of the United States was William J. (Bill) Clinton.
If you were born on this day, you are 31 years old. Your last birthday was on the Wednesday, December 4, 2024, 334 days ago. Your next birthday is on Thursday, December 4, 2025, in 30 days. You have lived for 11,657 days, or about 279,779 hours, or about 16,786,763 minutes, or about 1,007,205,780 seconds.
4th of December 1993 News
News as it appeared on the front page of the New York Times on December 4, 1993
A Bad Gag Order in Canada
Date: 04 December 1993
A Canadian judge has gagged his country's press from reporting about a notorious murder trial, ostensibly in the interests of fairness. The gag order is broad even by the standards of a Canadian judiciary that is far more tolerant of censorship than U.S. courts. To help enforce it, border police have been stopping trucks carrying U.S. newspapers to keep Canadians from learning what their neighbors to the south know about the case. This bizarre episode reminds us why the U.S. places a high value on public trials, reported in a free press. Two centuries of strife over freedom of the press have taught that gags on speech, even in the name of justice, are instruments of tyranny even when they fail at total suppression. With due respect to Canada's sovereign power and the judge's sincerity, his action is both futile (the news will get out) and wrong in principle.
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TRIAL IN SINGAPORE TESTS PRESS CURBS
Date: 05 December 1993
By Philip Shenon
Philip Shenon
There was unexpected bad news for Singapore investors in the summer of 1992, when Government figures showed that economic growth was sluggish, at least by the standards of this booming Southeast Asian city-state. A year later, the news may be far worse for the newspaper editors who dared to run an exclusive article citing the Government's numbers. Their exclusive may send them, and their sources, to prison.
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CHRONICLE
Date: 04 December 1993
By Nadine Brozan
Nadine Brozan
Complaining of "overwhelming" intrusion by the news media into her life, and saying she hoped for "more time and space," the PRINCESS OF WALES said yesterday that she would reduce her public commitments and scale back her charitable affiliations. With tears welling up in her eyes, the Princess, who separated from PRINCE CHARLES last year, made her surprise announcement at a luncheon given by the Headway National Head Injuries Association in London.
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ELECTION COVERAGE IS VARIED IN RUSSIA
Date: 05 December 1993
By Serge Schmemann
Serge Schmemann
It's been two weeks since Pravda disappeared from print, this time for failing to pay its bills, but even declared Communists are not bemoaning its absence too loudly. True, the venerable daily founded by Lenin himself in 1912 was probably the only major Russian newspaper to openly support the Communist Party in the campaign for a new Parliament, but then there was never any doubt how its readers would vote, anyway.
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METROMEDIA PAGING IS ACQUIRED BY MOBILEMEDIA
Date: 04 December 1993
By Bloomberg News
Bloomberg News
The Mobilemedia Corporation of Ridgefield Park, N.J., said yesterday that it had acquired Metromedia Paging Services Inc. from the Southwestern Bell Corporation, the San Antonio-based regional Bell operating company. Financial terms of the agreement were not disclosed. Mobilemedia, the second-largest provider of paging services in the United States, provides paging services in 19 states. As a result of the acquisition, Metromedia Paging was renamed Mobilemedia Communications Inc.
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MEDIMMUNE STOCK CONTINUES TO TURN DOWNWARD
Date: 04 December 1993
By Bloomberg News
Bloomberg News
Shares on Medimmune Inc. continued to fall yesterday after a United States Food and Drug Administration panel voted not to recommend marketing approval for Respivir, the company's drug for lower respiratory infections in infants. The company's stock dropped $4.25 yesterday, to $11.75, in Nasdaq trading, after falling $7 on Thursday. The F.D.A. blood products advisory council said a clinical trial conducted by the company did not provide enough information to demonstrate the effectiveness of Respivir, Medimmune's main product. No other drug is approved for the prevention of syncytial virus, which can cause pneumonia and bronchitis in infants.
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DEBT RATINGS ARE DOWNGRADED BY STANDARD & POOR'S
Date: 04 December 1993
By Bloomberg News
Bloomberg News
The Eastman Kodak Company's debt ratings were downgraded yesterday by the Standard & Poor's Corporation in advance of the pending spinoff of the Eastman Chemical Company unit. The move came after Eastman Chemical filed with the Securities and Exchange Commission to sell up to $600 million of notes and debentures, bringing the company one step closer to its planned spinoff from Kodak. In announcing the downgrade, S.& P. also cited Kodak's heavy debt burden relative to cash flow and lackluster profitability. The downgrade affects about $7 billion of Kodak's debt. S.& P. lowered the rating on Kodak's senior debt to BBB+ from A-; on its subordinated debt to BBB from BBB+, and on its $2.2 billion of senior shelf debt to a preliminary BBB+ from A-.
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Ford's European Operations Chief to Retire
Date: 04 December 1993
By Bloomberg News
Bloomberg News
The Ford Motor Company said today that William H. Fike would retire as president of its troubled European operations at the end of the year and that his position would be eliminated. The announcement followed reports that Mr. Fike, 57, was being recalled to the United States because Ford's top management was unhappy with Ford of Europe's financial performance. The subsidiary had losses of $1.3 billion in 1992 and $711 million in 1991. David Healy, an S. G. Warburg & Company analyst, estimated that Ford of Europe would show a loss of about $500 million for 1993.
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CAESARS, CIRCUS CIRCUS AND HILTON IN CASINO DEAL
Date: 04 December 1993
By Bloomberg News
Bloomberg News
Regulators in Ontario yesterday chose a group consisting of Caesars World Inc., Circus Circus Enterprises Inc. and the Hilton Hotels Corporation to construct and operate a casino in Windsor, directly across the Detroit River from Detroit. Under the proposal, Caesars, Circus Circus and Hilton will be allowed to operate a temporary casino starting in early 1994 in a building that is now used as an art gallery and was once a brewery. The partners will also finance and construct a permanent casino that is to include 75,000 square feet of gaming space, a 300-room hotel, three restaurants, bars and lounges. Once the casino is complete Ontario will lease back the casino from the group, which will sign a management contract.
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Silver Hits a 3-Month High On Signs of Economic Rise
Date: 04 December 1993
By Bloomberg News
Bloomberg News
Silver prices soared to a three-month high yesterday amid signs that the American economy is growing fast enough to bolster demand from industrial users. Gold prices also rose. Increased economic activity can lead to increased use of silver, which is used for a variety of industrial applications.
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