CBS CBS News strikes multiyear online deal with AOL
CBS News will provide text audio and video to AOL and CompuServe as the exclusive online news provider for America Online. The arrangement aims to boost CBS in the internet news arena against NBC CNN and ABC while AOL continues to offer other sources including The New York Times Newsweek Business Week and AP.
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Department accuses firm of antitrust teeth distributor ties
In Delaware U S District Court, the Department alleges that Amontopoly by coercing dealers to refrain from selling rivals’ products violated antitrust laws. The suit targets International Inc for agreements blocking competition and restraining distributor activities.
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Ensply International Inc
Ashcroft exits 2000 White House bid to seek Senate term
In Springfield Missouri Senator John Ashcroft announces he will not pursue a 2000 presidential run. He says his path lies in remaining in the United States Senate to advance Missouri values while facing a tough re election. Ashcroft cites leadership choices and requests support from supporters.
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Clinton to seek base closure authority and cuts
President Clinton plans to ask Congress in February for authority to close more U.S. military bases starting in 2001 to offset costs of force modernization. Bell said two more rounds of closings could yield 2 to 3 billion dollars in savings through 2005, while defense leaders urged action despite Republican opposition.
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