The September 30, 2002 was a Monday under the star sign of ♎. It was the 272 day of the year. President of the United States was George W. Bush.
If you were born on this day, you are 23 years old. Your last birthday was on the Tuesday, September 30, 2025, 266 days ago. Your next birthday is on Wednesday, September 30, 2026, in 98 days. You have lived for 8,667 days, or about 208,018 hours, or about 12,481,105 minutes, or about 748,866,300 seconds.
Date: 30 September 2002
By Bloomberg News
Bloomberg News
Europe's competition commissioner, Mario Monti, says that Rupert Murdoch's News Corp would probably need European regulatory approval to buy Italian television business from Vivendi Universal (M)
Date: 30 September 2002
By Mark Halperin
Mark Halperin
Op-Ed article by Mark Halperin, political director of ABC News, says something remarkable happened at recent press briefing by White House spokesman Ari Fleischer, when Fleischer was questioned by Ron Fournier of Associated Press about Pres Bush's statement that Democrat-controlled Senate is 'not interested' in security of American people; says other reporters, rather than interrupting Fournier and giving Fleischer way out, sat in silence, allowing Fournier to follow up on his question when Fleischer offered nonresponsive response; says country would be better served if press always showed such restraint (M)
Date: 01 October 2002
By Grace Glueck
Grace Glueck
Walter H. Annenberg, the philanthropist, media baron, art collector and former ambassador to Britain, died today.
Date: 30 September 2002
By Elisabeth Bumiller
Elisabeth Bumiller
Elisabeth Bumiller's White House Letter column notes members of Bush administration, not known for chattering to Washington press corp, are appearing in niche magazines, which do not cover troublesome topics but allow them to reach important audiences; although readership of magazines is more affluent than enormous, demographic groups they serve, particularly independents, are important to White House trying to expand its political base; photo (M)
Date: 01 October 2002
By Bloomberg News
Bloomberg News
Goody's Family Clothing, a discount retailer with stores in the Southeast and Midwest, said yesterday that it had signed a nonbinding agreement to be bought by a private equity group for as much as $244.2 million. The price will be $6.50 to $7.50 a share, a premium of as much as a 59 percent over today's closing price of $4.72, the company said. The acquisition could close in the first quarter of next year, Goody's said. The identity of the purchaser is not being disclosed. Goody's is based in Knoxville, Tenn.
Date: 01 October 2002
By Bloomberg News
Bloomberg News
Fidelity Investments, the nation's largest mutual fund company, said yesterday that it would cut 1,695 jobs, or 5.4 percent of its work force, as two and a half years of falling stock prices had thinned the assets it has under management. The job cuts at the company, based in Boston, came after last October's announcement that it would trim 760 jobs, or 2.3 percent of the work force. That time, the brokerage unit accounted for about half the cuts. A Fidelity spokeswoman said the cuts would be felt in almost every unit of the closely held company, which employs more than 31,000. No fund managers or analysts will lose their jobs, she said.
Date: 01 October 2002
By Bloomberg News
Bloomberg News
The CTS Corporation, a maker of electronic components and assemblies, plans to cut an additional 140 jobs and move more work to China to cut costs, it said yesterday. The transfer will take place by the fourth quarter of next year. Last month, CTS cut 160 jobs. It employed 6,000 to 6,200 workers before the new job reductions, a company spokesman said. CTS, based in Elkhart, Ind., now expects related costs to cut third-quarter results by $18.5 million, compared with a previous forecast of $15 million to $17 million. The revamping is expected to increase pretax savings to $15 million to $17 million in 2003 from an earlier estimate of $11 million.
Date: 01 October 2002
By Bloomberg News
Bloomberg News
Oakley, which makes sunglasses, named four top executives to a new office of the chairman. The group consists of the chairman and chief executive, Jim Jannard; the chief operating officer, Link Newcomb; the president, Colin Baden; and the executive vice president, Tommy Rios, the company said. The executives must guide Oakley through a ''difficult retail environment,'' Mr. Jannard said. Sales of designer sunglasses in most of Oakley's big markets have missed forecasts because consumers are cutting back on purchases. On Sept. 4, Oakley predicted a third-quarter sales increase of 10 percent to 12 percent, about 15 percent less than previously forecast. The company, based in Foothill Ranch, Calif., also cut its fourth-quarter profit estimate to 10 cents a share from 16 cents.
Date: 01 October 2002
By Bloomberg News
Bloomberg News
Dynegy said yesterday that it had agreed to sell part of its British natural gas storage business to Scottish and Southern Energy for $202 million. Scottish & Southern, an owner of power plants in Britain, will buy the Hornsea storage site, which has 325 million cubic meters of storage space in nine caves, the companies said. Scottish and Southern, based in Perth, Scotland, said it hoped to tap rising demand for gas storage services in Britain. Dynegy, whose shares have fallen 96 percent this year, has been selling assets to raise cash after energy trading collapsed in the wake of the Enron Corporation's demise. Dynegy is based in Houston.
Date: 01 October 2002
By Bloomberg News
Bloomberg News
MILWAUKEE, Sept. 30 (Bloomberg News) — DeCoster Farms, a poultry and egg processor in Iowa, has agreed to pay $1.53 million to settle government allegations that migrant employees were raped or harassed by supervisors. Some of the money will go to women who said they were sexually assaulted or harassed by supervisors at the company's poultry and egg farm in Clarion, Iowa, about 80 miles north of Des Moines. DeCoster Farms did not admit liability, and the supervisors have been fired for unrelated reasons, said the Equal Employment Opportunity Commission, which filed the suit.