World Business Briefing | Australia: Exceutive Compensation Plan Defeated
Date: 16 October 2003
By Bloomberg News
Bloomberg News
News Corp withdraw
Replaying Thursday, October 16, 2003
The October 16, 2003 was a Thursday under the star sign of ♎. It was the 288 day of the year. President of the United States was George W. Bush.
If you were born on this day, you are 22 years old. Your last birthday was on the Thursday, October 16, 2025, 262 days ago. Your next birthday is on Friday, October 16, 2026, in 102 days. You have lived for 8,298 days, or about 199,154 hours, or about 11,949,293 minutes, or about 716,957,580 seconds.
Some people who share this birthday:
16th of October 2003 News
News as it appeared on the front page of the New York Times on October 16, 2003
Bewitched, Bothered, Billy-Goated
Date: 16 October 2003
By Maureen Dowd
Maureen Dowd
Maureen Dowd Op-Ed column says Pres Bush is on public relations push to circumvent national media and get smaller news outlets to do sunny stories about Iraq; cites bogus cheerful form letters sent to local newspapers, supposedly written by soldiers in Iraq, and sweetening up of official Web site of US Central Command; says it is hard for Americans--and even Congress--to get truth on Iraq; says administration that first sold war to trusting Americans with spin is now trying to sell occupation to skeptical Americans with more spin (M)
A German Banker on Welfare Among Miami's Palms
Date: 17 October 2003
By Mark Landler
Mark Landler
Stories of German welfare recipients who own yachts and luxury cars are staple of country's news media, but recent articles on Rolf John, former banker whose welfare benefits pay for his apartment in Miami, Fla, as well as his housekeeper, may help Chancellor Gerhard Schroder in his effort to reform country's welfare system; system can make being unemployed more lucrative than working; Germany has only loosely regulated welfare benefits it extends to citizens living abroad; John gets $2,200 a month, and when German authorities tried to cut back his housing allowance his lawyer persuaded judge to overrule such action; photo (M)
On Listening
Date: 16 October 2003
By Thomas L. Friedman
Thomas Friedman
Thomas L Friedman Op-Ed column says Bush administration is pushing democracy in Iraq, but its leaders refuse to hold real town hall meetings or regular press conferences; says news media should not have covered Vice Pres Cheney's recent speech lashing out at critics of Iraq policy, because his audience was 200 invited guests at conservative Heritage Foundation, and no questions were allowed; says speaking to audience of supporters and not allowing any questions is not news--it is an advertisement; says learning to listen to others may be only way Bush team is going to muster and sustain support it needs to succeed in Iraq; says listening might actually force Bush team to frame its vision of US foreign policy and its rationale for Iraq war on American hopes for world, not just its fears of it (M)
Ashcroft Says His Investigators Have Made Gains in Leak Case
Date: 17 October 2003
By Eric Lichtblau
Eric Lichtblau
Atty Gen John Ashcroft says Justice Department has made good progress in investigation into how Valerie Plame's identity as CIA officer was made known to columnist Robert Novak; says he has not ruled out removing himself from case and seeking appointment of special counsel (S)
NORTHROP GRUMMAN NAMES CHIEF FINANCIAL OFFICER
Date: 17 October 2003
By Bloomberg News
Bloomberg News
Northrop Grumman names board member Charles H Noski chief financial officer, replacing Richard D Waugh Jr, who is retiring (S)
ASTRAZENECA BUYS $100 MILLION STAKE IN ABGENIX
Date: 17 October 2003
By Bloomberg News
Bloomberg News
Drug maker AstraZeneca acquires $100 million stake in California biotechnology company Abgenix to gain rights to as many as 36 experimental cancer treatments (S).
ICN TO CUT DRUG MANUFACTURING TO FOCUS ON RESEARCH
Date: 16 October 2003
By Bloomberg News
Bloomberg News
ICN Pharmaceuticals Inc, which is shedding units to focus on drug research, will cut more than third of its work force and sell eight manufacturing plants to save as much as $200 million over five years; work force will be reduced to 1,300 to 1,400 people; company has 3,200 employees, compared with about 8,000 at end of last year (S)
BOMBARDIER TO CONSOLIDATE PLANTS AND CUT 1,150 JOBS
Date: 17 October 2003
By Bloomberg News
Bloomberg News
Bombardier will consolidate plants in Arizona and Kansas that make Lear jets, eliminating 1,150 jobs; about 800 people at plant in Tucson will lose their jobs over next 15 to 18 months; about 350 jobs in Wichita will be cut (S)
BIG GOLD MINE OWNER DOUBLES ITS DIVIDEND
Date: 16 October 2003
By Bloomberg News
Bloomberg News
Freeport-McMoRan Copper and Gold Inc more than doubles its dividend and authorizes share buyback after investors urge company to return some excess cash (S)