The May 29, 1998 was a Friday under the star sign of ♊. It was the 148 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 Friday, May 29, 2026, 45 days ago. Your next birthday is on Saturday, May 29, 2027, in 319 days. You have lived for 10,272 days, or about 246,550 hours, or about 14,793,009 minutes, or about 887,580,540 seconds.
Date: 29 May 1998
Excerpts from brief by White House counsel Charles Ruff, unsealed by Judge Norma Holloway Johnson, describing effect that Kenneth Starr's investigation has had on Pres Clinton and White House staff (S)
Date: 30 May 1998
By John Sullivan
John Sullivan
Oliver Jovanovic is is sentenced in New York to 15 years in prison for kidnapping and sexually abusing 20-year-old Barnard College student he met in computer chat room; Justice William A Wetzel says Jovanovic, Columbia graduate student, had sense of superiority but will have to face life in which his intellect is not prized; Jovanovic, who says encounter was consensual, reiterates innocence; judge also berates defense and media for casting doubt on woman's story (S)
Date: 29 May 1998
By James Bennet
James Bennet
White House has for months cultivated air of Olympian imperviousness to frenzied inquiries into Pres Clinton and former aide Monica Lewinsky; spokesman Michael McCurry and other aides insist Clinton is not distracted, even as President's lawyers try to make legal case that Kenneth Starr's investigation has substantial impact on his ability to discharge his public obligations (S)
Date: 30 May 1998
By Frank Rich
Frank Rich
Frank Rich Op-Ed column on Manhattan Theater Club's reversal of decision to remove Terrence McNally's Corpus Christi from its fall schedule in face of anonymous threats of violence; says club had no choice but to retreat, because every American playwright was planning to bolt its theater in protest; says whole incident was manufactured by collusion between trash press and far right; notes that Catholic League disingenuously professed nonviolence even while vowing to 'wage a war'; discusses what incident says about state of culture in America today (M)
Date: 30 May 1998
By Bloomberg News
Bloomberg News
BankBoston Corp to pay $800 million for BankAmerica Corp's securities unit, Robertson Stephens; will pay $400 million in cash and put $400 million in pool to persuade firm's partners and key employees to remain; BankAmerica will keep firm's money-management and debt underwriting businesses (S)
Date: 29 May 1998
By Bloomberg News
Bloomberg News
Data Transmission Network Corp hires Salomon Smith Barney to examine possible sale of company or other alternatives to bolster its share value (S)
Date: 30 May 1998
By Bloomberg News
Bloomberg News
Emerging Communications gets buyout offer of about $100 million from chairman Jeffrey Prosser, who plans to take company private (S)
Date: 30 May 1998
By Bloomberg News
Bloomberg News
Marathon Oil Co to buy Tarragon Oil & Gas Ltd for about $510 million (US) in cash and stock of its parent company, USX-Marathon Group (S)
Date: 29 May 1998
By Bloomberg News
Bloomberg News
Guinness Peat Group PLC will accept offer of 116.5 pence a share in cash from toy maker Mattel Inc for shares in Bluebird Toys PLC, bringing to end four-month bidding war for British toy company; offer is worth about $78 million (S)
Date: 29 May 1998
By Bloomberg News
Bloomberg News
AES Corp to acquire power plant business of Hanwha Energy Co of South Korea; AES will inject $370 million of cash into business within two weeks and will also invest about $230 million to complete construction of unfinished power plant; AES may also assume $270 million of debt (S)