Bertelsmann Joins Napster In Pay Music Plan Push
Bertelsmann agreed to back Napster in creating a membership based music distribution system on the Internet aimed at ensuring royalties to artists. The German firm would drop a lawsuit, gain catalog access, and may acquire a stake, while key terms like technology standards and pricing remain undecided. The move follows lawsuits by major labels and faces uncertainty as Sony Warner EMI and Universal weigh participation.
MENTIONED IN THIS ARTICLE
Bertelsmann
Napster
Ron van Zuylen
Mountain View Call
Sony
Warner
EMI
Universal
Hilary Rosen
Recording Industry Association of America
Napster 15
BMG
Britney Spears
Whitney Houston
Kenny G
Carlos Sartana
Arista
RCA
Ariola
Thomas Middelhoff
Napsters
Smead
Middelhoff
Lovers Beds
Bertelsmann and
Roland Pisenaer
BHF Bank
Frankfurt
Yahoo Internet taxis roll into Sao Paulo to speed up traffic
In Sao Paulo Yahoo introduces Internet taxis, first five cabs fitted with laptops and Yahoo branding offer in‑cab email, messaging, and online news at no extra fare. Executives and drivers report patchy connections but praise the concept, with plans to expand to 20 cabs in the Faria Lima district.
MENTIONED IN THIS ARTICLE
Sao Paulo
Brazil
Yahoo
South Americas
San Francisco
New York City
New Santa Clara
Calif
Yahoo’ Inc
Latin Americas
United States
Sao
Joraima Rangel
Rangel
Philip Morris
Curitiba
Sao Pano
Gustavo Siemsen
Siemsen
Media Metros
OfficeMax to close up to fifty unprofitable stores
OfficeMax plans to shut as many as 50 stores that fail to meet profitability targets as it scales back new openings. The retailer operates about 9,900 stores across 49 states plus territories and expects fewer openings in fiscal 2000. The moves come with a planned employee transfers for closures and a settlement of a Ryder Integrated Logistics lawsuit.
MENTIONED IN THIS ARTICLE
Cleveland
OfficeMax Inc
OfficeMax
Puerto Rico
US Virgin Islands
Michael Feuer
OfficeMaxs
Treadco Goodyear finish joint venture
AKRON AP The Goodyear Tire and Rubber Co announced completion of a joint venture with Treadco Inc to form Wingfoot Commercial Tire Systems. The new network will offer commercial tire centers and track tire retreading services with Goodyear owning 60 percent and Treadco 40 percent. Wingfoot Tire will be headquartered in Fort Smith Arkansas and led by Treadco president John R Mevers as chairman and CEO.
MENTIONED IN THIS ARTICLE
AKRON
Wingfoot Commercial Tire Systems
Wingfoot Tire
Fort Smith Ark
John R Mevers
Treadco
Executve
Opening stocks show varied activity across many tickers
Investor quote from Ak at investor Secu notes market movement amid mixed sessions. Firms like Compaq and Coneg feature among fluctuating prices while indices display uneven results. Across sectors, technology, health and energy shares show divergent trends with notable activity in small caps and large caps alike.
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New York
Hank Barry
Napster Vnc
Andreas Schmidt
Bertelsmann eCommerce Group
Shawn
Fanning
Napster Inc
Tam
Diane Mallagoh
Ull
Ryder Iitegrated Logistics Inc
Ryder
Alegging Future
Ryder Ryder
Feuer
Institutional Investors
McDonald Investments
Honday
Goodyear Finish
Federal Trade Commissions
Goodyear
Baku
Sams Letras
Libya
Sade Ant
Teen ‘Teratyn
SIPC
AISGG
WSS
American
Ames Dept Stores
Cleveland Indians
Columbia Energy Group
CVS Com
DaimierGhrysler
Emerson Electric
Endlehard
First Energy
FrstMert Bancorp
Ford Motor
General Motors
PolyOne Corp
Honeywell Dinest Tnvacere Cor
Keycorp
Lear Seatng
LNB Bancorp
LTV
Leseg
Limied
Nordsan Corp
Sawsys
Js Pnc Corp
Parker Hannufin
Ys Rpm Inc
Royal Appliance
Sherwin Willams
Sky Financial Group
Smuckers
H Stens
Suansea Medical
TA Inc
USK
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