The December 29, 1997 was a Monday under the star sign of ♑. It was the 362 day of the year. President of the United States was William J. (Bill) Clinton.
If you were born on this day, you are 28 years old. Your last birthday was on the Monday, December 29, 2025, 187 days ago. Your next birthday is on Tuesday, December 29, 2026, in 177 days. You have lived for 10,414 days, or about 249,952 hours, or about 14,997,152 minutes, or about 899,829,120 seconds.
Date: 30 December 1997
By Walter Goodman
Walter Goodman
Walter Goodman Critic's Notebook column assesses television networks' news programs: NBC's Nightly News, anchored by Tom Brokaw, ABC's World News Tonight, with Peter Jennings, and CBS's Evening News, anchored by Dan Rather; comments on vagaries of a news program's popularity, noting that recently NBC and CBS have popped ahead of ABC, leader for many seasons; photos of anchors (L)
Date: 29 December 1997
By Warren Hoge
Warren Hoge
British Broadcasting Corp recently introduced round-the-clock news channel that abandons some of network's traditional formality; responds to competition from cable news channels; all of nation's major cable distributors have taken new service, some discarding Sky News to make way for free BBC channel; photos (M)
Date: 29 December 1997
By Iver Peterson
Iver Peterson
Committee of Concerned Journalists is sponsoring symposiums around nation on whether press is and should be impartial; participants in recent symposium at Columbia University favor striving for high-minded impartiality; photo (M)
Date: 30 December 1997
By A. M. Rosenthal
A.
A M Rosenthal Op-Ed column says that press failed in 1997 to pay adequate attention to persecution of Christians worldwide, especially in China, and that when it did, it often missed the point (M)
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Hoechst AG wins US approval to sell its new combination allergy drug, Allegra-D, allowing it to take Seldane, its once highly successful product line, off the market; Seldane came under fire from Food and Drug Administration earlier this year because of problems with dangerous drug interactions (S)
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Avco Financial Services Co, unit of Textron Inc agrees to pay $56.7 million for 80 percent of Financiera Argentina SA from Banco Frances SA (S)
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Shaw Industries will close about 100 of its 450 carpet and floor-covering stores and eliminate 600 jobs; company, one of world's largest carpet makers, says cuts amount to about 2 percent of its work force at end of 1996; moves will result in fourth-quarter charge of about $22.8 million (S)
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Great Lakes Chemical Corp will sell three businesses and take fourth-quarter charges totaling $151 million, as part of plan to improve returns to shareholders; it will sell its furfural business, Chemol, its Budapest-based distribution unit, and its environmental services division (S)
Date: 30 December 1997
By Bloomberg News
Bloomberg News
China's two exchanges in Shanghai and Shenzhen will set up secondary boards for poorly performing listed stocks in attempt to prevent them from dragging down the indexes; share prices of downgraded companies will also be restricted to daily swings of 5 percent, down from normal 10 percent limit on listed companies (S)
Date: 30 December 1997
By Bloomberg News
Bloomberg News
Allied Signal agrees to sell its Ocean Systems unit to L-3 Communications Corp for $70 million (S)