NBC Universal merger finalizes as Vivendi talks end
NBC and Vivendi move to combine NBC's TV network and cable networks with Universal Pictures and theme parks under a new NBC Universal, aiming for about 13 billion dollars in annual revenue. The deal would position NBC alongside AOL Time Warner and Viacom, expanding NBC into movies, publishing, and music while adding five theme parks.
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General Electric Co
NBC
Vivendi Universal
Vivendi
NBC Universal
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MSNBC
CNBC
USA
Universal Pictures
Universal Television
Law and Order
United States
Bob Wright
AOL Time Warner Inc
Viacom Inc
MTV
CBS
Walt Disney Co
ABC
News Corp
Fox
Seagram Co
Edgar 2. Bronfman Jr
Bronfman
Universal
Seagram
Associated Press
Jean-Marie Messier
Messier
Brian Abbott
Long Island University
U.S
Trio
Bravo
Telemundo
Nurses at CHP must join union under new contract
Starting next September all Community Health Partners nurses will be required to join a union under a three year contract ratified Friday. About 150 non-mandated nurses face membership deadlines, while District 1199 and SEIU push for universal coverage and shared contract benefits. The agreement also details wage increases, improved health care, pension, and education benefits.
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Lorain
Community Health Partners
CHE
Maria Kawentel
Service Employees International Union
Kawantel
SEIU
Nasdaq hits 17 month high on rally across tech stocks
Nasdaq composite climbs 31 points to 1,841.48, its fifth straight gain, soaring past 17 months as upgrades to IBM and Dell computer lift sentiment. Dow Jones rises over 100 points late in the session amid momentum and optimism. Analysts note a choppy day but confirm new highs in Nasdaq and S&P 500.
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New York
IBM
Dell Computer
Dow
Standard & Poor
Larry Wachtel
Prudential Securities
Matt Brown
Wilmington Trust
Dollar and euro slide as yen strengthens on policy stance
In New York trading the dollar and euro fell sharply against the yen as Japanese banks bought the yen, easing briefly from a three month high for the dollar and five month peak for the euro. The euro slipped to 125.80 yen, later 125.52, and the dollar to 115.43 yen. The euro traded at 1.0825 dollars, while the dollar rose to 1.3899 Canadian dollars and 1.4175 Swiss francs.
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New York
Dow Jones/AP
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