Metro Business Briefing | News On Old News Building
Date: 10 May 2001
By Charles V. Bagli (NYT)
Charles Bagli
Real estate executives say sale of landmark Art Deco skyscraper on 42nd Street that once housed The Daily News is drawing to close (S)
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10th of May 2001 News
Nachrichten, wie sie auf der Titelseite der New York Times am 10. Mai 2001 erschienen
NBC News Appointment
Date: 11 May 2001
NBC names Neal Shapiro president of NBC News, replacing Andrew Lack (S)
THE MARKETS: Market Place; Northrop Grumman is short of details but long on defenses of its bid for Newport News.
Date: 10 May 2001
By Kenneth N. Gilpin
Kenneth Gilpin
Market Place column examines Northrop Grumman Corp's hostile $2.1 billion bid for Newport News Shipbuilding, trying to wrest company away from General Dynamics (M)
Parrying CNN, CNBC Plans To Augment 'Business Center'
Date: 10 May 2001
By Jim Rutenberg
Jim Rutenberg
CNBC's marquee Business Center financial program will revamp to meet challenge posed by return of Lou Dobbs as host of CNN's Moneyline News Hour; program will be expanded by half-hour; was regular second-place finisher to Moneyline before Dobbs left to pursue other interests; photo (S)
The Hard Part to Come, Murdoch Beats Forecasts
Date: 10 May 2001
By Seth Schiesel
Seth Schiesel
News Corp reports sharp decline in earnings in most recent quarter, but says results exceed Wall Street's expectations; operating income in quarter ending in March fell to $356 million, from $417 million in previous year; revenue increased to $3.27 billion from $3.24 billion (S)
Candidates in Italy Test TV's Muscle
Date: 11 May 2001
By Alessandra Stanley
Alessandra Stanley
Silvio Berlusconi, conservative media tycoon running for prime minister of Italy, is interviewed on one of three networks he owns, and is given four uninterrupted minutes to outline his program; his liberal rival, Francesco Rutelli, is grilled for 12 minutes by news anchor of another station owned by Berlusconi; news anchor assures Rutelli that Berlusconi would get same undeferential treatment in next interview; equal time was mandated by law passed last year to ensure that Berlusconi does not take advantage of his control of networks; most Italians seem indifferent to how television is being used and abused (M)
Metro Business Briefing
Date: 10 May 2001
By
NEWS ON OLD NEWS BUILDING The sale of the landmark Art Deco skyscraper on 42nd Street that once housed The Daily News is drawing to a close. According to real estate executives, the owners of the 37-story, 1.1-million-square-foot building at 220 East 42nd Street recently winnowed the list of bidders to three, including Aby Rosen and SL Green, a real estate investment trust based in Manhattan. The skyscraper was something of a success story for its owners, Steven C. Witkoff and Dreyfus Realty Advisors. Mr. Witkoff bought the tower in 1996 for $101 million, after The Daily News moved out. He quickly signed a lease with Omnicom for most of the vacant space in the building, enabling him to get a $140 million mortgage for the property.
Silence Ordered in Giuliani Divorce
Date: 10 May 2001
Acting Justice Judith J Gische of New York State Supreme Court imposes rule of silence over Mayor Rudolph W Giuliani's divorce case, ending any public comment by parties involved (S)
World Briefing | Asia: India: Troops Beat Journalists
Date: 11 May 2001
By Barry Bearak (NYT)
Barry NYT
Seventeen journalists covering funeral in Kashmir are beaten by Indian paramilitary troops (S)
Metro Matters; A Scandal Unadorned By the Media
Date: 10 May 2001
By Joyce Purnick
Joyce Purnick
Joyce Purnick Metro Matters column discusses lack of media attention on New York City Mayor Rudolph Giuliani's divorce from Donna Hanover and his relationship with Judith Nathan (M)