Anti-smoking campaign targets tobacco ads by media firms
In six weeks three media firms Time Warner Gannett and Knight Ridder face shareholder resolutions over tobacco ads. Tobacco Institute argues ads are legal revenue, while religious investor group Interfaith Center on Corporate Responsibility urges a hard look at Joe Camel ads and corporate responsibility. Time Warner reportedly agreed to review its ad policy in exchange for withdrawal of the resolution.
MENTIONED IN THIS ARTICLE
Time Warner
Gannett
Knight- Ridder
Interfaith Center On
Timothy Smith
The
Coalition
Advertising Age
Joe Camel
Rubin urges investors to keep nerve amid volatile market
President Clinton's top economic aide Robert Rubin told investors to remain calm and focused on long term growth as stock markets faced jitters after Easter trading. He said no one can outguess daily moves and emphasized balancing nerves with long term outlook despite a recent 8 percent drop from late January peak.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Robert Rubin
National Economic Council
Wall Street
Rubin
Goldman, Sachs & Co
Woolworth officials step down in probe
Woolworth Corp says chairman William Lavin and chief financial officer Charles Young will step down temporarily while a special board committee investigates accounting irregularities disclosed after an internal probe. Interim chairman John Adams will lead the firm. probe expected to last six to eight weeks.
MENTIONED IN THIS ARTICLE
New York
Woolworth Corp
William Lavin
Charles Young
Woolworth
John Adams
Lavin and Young
Frances Trachter
Also Mentioned on This Page
Gannett News Service
Walker Merryman
Tobacco Institute
Associated Press
Chemical Bank
Irwin Kellner
ABCTV
David Brinkley
U— Labor Department
Kenneth Lipper
Lipper & Co
Village Inn
Caer
Sealy
Sealy Super Firm
N.E. Comer
Central Phoenix
7Th ST
A.c
Posturetech
W. Mesa Broadway
E. Mesa
London
Arizona
Comer Valley
T-Bird
T Center
W. Latham
Niques
Breas
Edgar H. Hernandez
Parvinderjit S. Khanuja
Chandler Regional Hospital
Dobson Road
Dobson and Frye
Chandler
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