World Business Briefing
Date: 21 February 2002
World Business Briefing
Replaying Thursday, February 21, 2002
The February 21, 2002 was a Thursday under the star sign of ♓. It was the 51 day of the year. President of the United States was George W. Bush.
If you were born on this day, you are 24 years old. Your last birthday was on the Saturday, February 21, 2026, 115 days ago. Your next birthday is on Sunday, February 21, 2027, in 249 days. You have lived for 8,881 days, or about 213,148 hours, or about 12,788,910 minutes, or about 767,334,600 seconds.
Some people who share this birthday:
21st of February 2002 News
News as it appeared on the front page of the New York Times on February 21, 2002
Bush Repeats U.S. Pledge to Taiwan's Defense
Date: 22 February 2002
By Erik Eckholm
Erik Eckholm
President Bush left for home today after lecturing the Chinese people on the merits of liberty and religious faith.
Kidnappers Killed Reporter, Journal and U.S. Officials Say
Date: 21 February 2002
By Sherri Day
Sherri Day
Wall Street Journal reporter Daniel Pearl, who was abducted a month ago in Pakistan, was killed by his captors, the State Department and his employer said today.
When the Mayor Goes Missing
Date: 21 February 2002
Editorial says Mayor Michael Bloomberg deserves his long weekends away from hubbub of city, but New Yorkers deserve to know where their mayor is headed; says Bloomberg would enjoy more privacy if he simply reports his intinerary in advance, thereby eliminating air of mystery that piqued city's interest and attacted such press coverage during recent holiday weekend
Kidnapping Suspect Details Plot to Attack U.S. Consulate
Date: 22 February 2002
By Douglas Jehl
Douglas Jehl
The suspect said the kidnapping of Daniel Pearl was part of a plot to attack the U.S. consulate in Karachi, officials said today.
SALE BRINGS IN $930 MILLION FOR WORLDCOM
Date: 22 February 2002
By Bloomberg News
Bloomberg News
WorldCom, the telecommunications company, said yesterday that it received $930 million in cash and stock from the News Corporation for selling part of a satellite-television venture. WorldCom got $250 million in cash and $680 million in News Corporation preferred stock, a spokesman, Brad Burns, said. The company sold the stock yesterday, netting $620 million, Mr. Burns said. WorldCom, based in Clinton, Miss., said it might use the money to pay down some of its $24.7 billion in debt. The News Corporation, based in Sydney, Australia, is the media company controlled by Rupert Murdoch.
SHARES OF COMPUTER ASSOCIATES DECLINE 17%
Date: 21 February 2002
By Bloomberg News
Bloomberg News
Shareo
SPIEGEL TO SELL CREDIT BUSINESS AND CLOSE 40 STORES
Date: 22 February 2002
By Bloomberg News
Bloomberg News
Spiegel, the owner of Spiegel and Newport News catalogs, plans to sell its credit card business and close 40 Eddie Bauer stores. The company disclosed the news while reporting its fourth-quarter results yesterday. It said it lost $378.1 million, or $2.86 a share, in contrast to net income of $65.4 million, or 50 cents, a year earlier. Sales fell 13 percent, to $1.01 billion. The company said it had enough liquidity and cash flow to finance day-to-day operations. Spiegel, based in Downers Grove, Ill., said it had put a plan in place to sell its credit card business, including its First Consumers National Bank subsidiary.
HEAD OF RETAIL INVESTING AT CHARLES SCHWAB RESIGNS
Date: 21 February 2002
By Bloomberg News
Bloomberg News
Head of Retail Investing At Charles Schwab Resign
INTIMATE BRANDS TO REVIEW OFFER FROM THE LIMITED
Date: 21 February 2002
By Bloomberg News
Bloomberg News
Intimate Brands Inc says that, pending review, it is unable to decide on unsolicited offer of Limited Inc to buy back 16 percent stake of Intimate brands it does not already own; Intimate Brands says it has formed three-member committee of independent directors to consider $1.49 billion offer, scheduled to expire on March 11 (S)