AT&T MediaOne bid sparks fear of cable monopoly
AT&T a 58 billion bid to buy MediaOne, the fourth largest cable operator, could create a dominant, nation spanning cable group. Critics warn of higher rates and reduced choice while regulators eye antitrust risks and possible limits on how many homes one firm can serve.
MENTIONED IN THIS ARTICLE
New York
Ma Bell
Ma Cable
At&t
MediaOne
Media One
U.S
Comcast
MédiaOne
At&T’s
Tele-Communications Inc
MediaInc
United States
Consumers Union
Washington
Federal Communications Commission
FCC
Herb Kohl
D-Wi
US West
America Online
AOL
Brian G. Belski
George K. Baum & Co
Kansas City
Telecom merger meets obstacles and heat from ministers
European deal between Deutsche Telekom and Telecom Italia faces cultural clashes management hurdles and investor skepticism. Italian ministers demand Deutsche Telekom cut its majority stake while France Telecom weighs its partner’s expansion in Germany.
MENTIONED IN THIS ARTICLE
London
Deutsche Telekom
Telecom Italia
Deutsche
Telekom
France Telecom
Germany
Europe
Kidron Auction Receives Broad Livestock Lot Breakdown
Consignments at the Kidron Auction include cattle, calves, sheep, goats, dairy stock, and hay. Prices vary by weight and category with hogs, bulls, heifers, and feeder stock listed, plus hay and straw values. Total head 2,494 across multiple consignors. ninety loads of hay reported.
AT&T breaks Dow's winning streak with MediaOne bid
Dow ends 37.51 lower at 10689.57 after AT&T's 58 billion hostile bid for MediaOne spooks markets. Nasdaq up 29.08 as technology stocks rally. S&P 500 falls 1.97. IBM hits new high on earnings. Merck and Mobil slide amid mixed oil, earning results.
MENTIONED IN THIS ARTICLE
At&t
Dow
New York
Wall Street
MediaOne
Technol
Ogy
Standard & Poor
Bryan Piskorowski
Prudential Securities
IBM
Gateway 2000
Coca Cola sued by black employees over discrimination
Four current and former Coca Cola workers allege pay gaps and limited advancement for African Americans. The suit filed in federal court cites lower salaries, poorer performance appraisals, higher termination rates, and segregation of Black managers in limited divisions.
MENTIONED IN THIS ARTICLE
Atlanta
Coca-Cola Co
Washington
Cyrus Mehri
Pamela Coukos
Mehri
Texaco
Coca-Cola
Coke
Prosecutor says executives knowingly stole secret info
In Youngstown a prosecutor asserts Pin Yen Yang and his daughter Hwei Chen Yang knew they were receiving confidential Avery Dennison label tech data from an Ohio researcher. FBI videotape shows a motel meeting and a document clipping transfer with a $150,000 payoff to the source, while the defense cites coercion by investigators.
MENTIONED IN THIS ARTICLE
Youngstown
Pin Yen Yang
Four Pillars Enterprise Co. Ltd
Hwei Chen
Sally” Yang
Avery Dennison Corp
Pasadena
Calif
Justice Department
Yangs
Avery Dennison
U.S
Marc Zwillinger
Zwillinger
FBI
Ten Hong
Victor” Lee
Lee
Four Pillars
Avery
Sally Yang
Ralph Cascarella
Cascarella
Also Mentioned on This Page
Gene Kimmelman
At&t-Mediaone
At&t-Tc
Bell Atlantic
Nynex
Baby Bell
Robert
Burka
Foley & Lardner
Antitrust Division
NATO
MetraOne Group
Mike DeWine
Senate
Peggy Graham
Kingston
Jamaica
Graham
Telecom
Perdue
Tampa, Fla
Perdue Farms Inc
Salisbury, Md
Hyundai
Seoul
South Korea
Hyundai Group
Korea
Kidron Livestock
Kidron
Consignor
Amazon.com
eBay
Merck
Mobil
Tokyo
Frankfurt
Paris
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