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Butinstead of providing the votes to strike it down, they chose to uphold it on the flimsy ground that because the sex of the parent and not the child made the difference under the law, the plaintiff did not have standing to bring the case. The Justice Department, which supported the statute, did not cover itself with glory either.
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Mobil is cutting back its U.S. oil and gas exploration and production group by up to 15% as part of a restructuring of the business. Markets Stocks: Volume 170,330,000 shares.
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Also today, King Hussein of Jordan arrived in Washington seeking to mediate the Persian Gulf crisis. President Bush on Tuesday said the United States may extend its naval quarantine to Jordan's Red Sea port of Aqaba to shut off Iraq's last unhindered trade route.
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The combined effect of these changes is expected to save the company about $4 million in interest expenses next year, or six cents a share. Shoney's said the latest restructuring affected bank indebtedness that was incurred to finance $585 million of the company's $728 million recapitalization that took place in 1988.
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Peter Holland, 45, deputy general manager, becomes director of corporate affairs. And Patrick Mannix, 46, international technical manager, becomes director of group quality programs.
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The Dow Jones Industrial Average tumbled 39.55 points, to 2613.73, in active trading. Long-term Treasury bonds ended slightly higher.
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Riot police in armored cars, shields and helmets prevented a few hundred Protestants, many waving British and Ulster flags, from interfering with the Catholics as they marched within Portadown's few Catholic streets. Earlier Sunday, police and militant Protestants clashed in a religiously polarized part of north Belfast.
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Scott Ritter led his team on a 10-hour tour of three suspected weapons sites classified as ``sensitive'' by the Iraqi authorities, U.N. spokesman Alan Dacey said. ``All sites were inspected to the satisfaction of the inspection team and with full cooperation of Iraqi authorities,'' Dacey said.
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The naval interdiction force is part of an overall American strategy that officials say is designed to leave the Iraqi leader with only the stark choice of backing out of Kuwait or launching new attacks to change his situation. Though they insist they aren't trying to lure Saddam Hussein into an attack, officials hope that if he strikes again, the U.S. and its allies will have such an impressive force in place in Saudi Arabia that they will be able to crush him in retaliation.
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Mr. Potach says the growth is surprising since membership in hate groups usually declines during periods of economic prosperity. We in fact have seen hate group numbers dropping through the nineties, uh but this year they jumped up uh twenty percent, quite a dramatic rise.
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Special events are being organized by the European Commission and individual nations in Europe, North America, and other parts of the world. Lisa Schlein reports from Geneva.
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The proposed BellSouth-LIN cellular company, including the newly acquired Metromedia stake, would give the new entity 55 million potential customers, including about 35 million in the nation's top 10 markets. Mr. Leon of Bear Stearns speculated that McCaw, in an attempt to buy time, might consider filing an antitrust suit against BellSouth with the Justice Department and U.S. District Judge Harold Greene, who oversees enforcement of the consent decree that broke up the Bell system in 1984.
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Other than usage in business, Internet technology is also beginning to infiltrate the lifestyle domain. ``Smart homes'' have emerged bringing a wealth of information and entertainment to families over telecommunications lines.
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At the same time four of six design projects were spiked, he said. Asked how the company hopes to expand its computer hardware business, Mr. Ousley said it sees good opportunities in systems integration.
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In cities, such as the capital Kabul, women are totally dependent on international aid for survival. Ms. Atimadi says the women of Kabul symbolize the suffering of all the women in Afghanistan.
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Orkem and Coates said last Wednesday that the two were considering a merger, through Orkem's British subsidiary, Orkem Coatings U.K. Ltd. Orkem, France's third-largest chemical group, said it would fund the acquisition through internal resources.
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Ratners Group PLC, a fast-growing, acquisition-minded London-based jeweler, raised its price for Seattle-based specialty jeweler Weisfield's Inc. to $57.50 a share, or $62.1 million, from $50 a share, or $55 million, after another concern said it would be prepared to outbid Ratners's initial offer. The other concern wasn't identified.
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He says he and the Pope both want to end the exploitation of man by man. The question is who will Cubans believe?
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In Newark, U.S. Attorney Samuel A. Alito said, "I don't think there's any legal reason to limit forfeiture of attorney's fees to drug cases." Mr. Alito said his office "just responded to an attorney's question about whether we would go after attorney's fees, and that is different from actually doing it, although we reserve that right."
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In a joint statement with Tourism Minister Andrew Thomson, it said two new flights would leave Bombay on Monday and Tuesday nights from March 30, with the third departing each Thursday from August 6. This will add nearly 700 seats a week on the route.
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Billions of investors' dollars are pouring out of the nation's junk-bond mutual funds, undermining a pillar of support in the already reeling junk market. Last week alone, an eye-popping $1.6 billion flowed out of the junk funds, or nearly 5% of their total assets, according to estimates by Dalbar Financial Services Inc., a Boston research firm.
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Under the statute, a child born abroad to an unwed American mother is automatically considered a U.S. citizen. But the child of an unwed American father has no citizenship rights unless the father takes the affirmative step of acknowledging paternity and formally agrees to provide support until the child turns 18.
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Oil prices have come down from the middle of October from a twenty-two dollar barrel level down to the fourteen dollars we're seeing today. That's built up a heck of a momentum and that momentum will look to increase.
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President Bush today denounced Saddam's ``ruinous policies of war,'' and said the United States is ``striking a blow for the principle that might does not make right.'' In a speech delivered at the Pentagon, Bush seemed to suggest that American forces could be in the gulf region for some time.
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The thrift and the holders had suspended their lawsuits as part of the agreement.
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Speculative investors, betting on an imminent clash between Ford and GM, pushed up Jaguar's share price five pence (eight U.S. cents) to a near-record 720 pence ($11.60) in late trading on London's stock exchange yesterday. Since Tuesday, the shares have gained nearly 4%.
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Bethlehem Steel Corp., hammered by higher costs and lower shipments to key automotive and service-center customers, posted a 54% drop in third-quarter profit. Separately, two more of the nation's top steelmakers -- Armco Inc. and National Intergroup Inc. -- reported lower operating earnings in their steel businesses, marking what is generally believed to be the end of a two-year boom in the industry.
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But unless the military situation changes drastically, military officials say, the most likely plan will be for the Kennedy to eventually replace the carrier Dwight D. Eisenhower, which has been on patrol since March and was scheduled to return to port before hostilities erupted in Kuwait. --- Andy Pasztor contributed to this article.
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But because these claims are more difficult to evaluate and have been coming in more slowly, the company has no estimate of the impact of the earthquake on fourth-quarter results. In New York Stock Exchange composite trading Friday, Aetna closed at $60, down 50 cents.
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Now with a diplomatic solution to the crisis seemingly at hand, get set for oil prices from the Brent north sea variety to light swede crude to fall further. Oil prices have come down from the middle of October from a twenty-two dollar barrel level down to the fourteen dollars we're seeing today.
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Yeltsin and Kuchma also called for developing the stagnant relations between the members of the Commonwealth of Independent States, a loose coalition of former Soviet republics. In the past, Russia has often claimed that Ukraine was undermining efforts at closer cooperation within the CIS.
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In addition, operating results were hit by an increase in loan and real estate loss reserves. In American Stock Exchange composite trading, Citadel shares closed yesterday at $45.75, down 25 cents.
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Newspaper reports have said Amir was infatuated with Har-Shefi and may have been trying to impress her by killing the prime minister. Har-Shefi acknowledged she told police interrogators that Rabin was a traitor and that she prayed for him to have a heart attack and die.
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Intelogic Trace Inc., San Antonio, Texas, said it bought 2.7 million shares, or about 18%, of its common stock from an unaffiliated shareholder for $3.625 a share, or $9.9 million. The move boosts Intelogic Chairman Asher Edelman's stake to 20% from 16.2% and may help prevent Martin Ackerman from making a run at the computer-services concern.
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The White House said Mr. Bush decided to grant duty-free status for 18 categories, but turned down such treatment for other types of watches "because of the potential for material injury to watch producers located in the U.S. and the Virgin Islands." Timex is a major U.S. producer and seller of watches, including low-priced battery-operated watches assembled in the Philippines and other developing nations covered by the U.S. tariff preferences.
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Advanced Medical paid $106 million in cash for its share in a unit of Henley's Fisher Scientific subsidiary. The unit makes intravenous pumps used by hospitals and had more than $110 million in sales last year, according to Advanced Medical.
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But over all, arrests were made in more than 60 percent of murder cases, he said. Eight of the 14 killings since 1993 were already under investigation by the Newark Police Department, Glenn said.
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The Foreign Office said it had informed the family of Howes, 37 years old when he was kidnapped, that he probably died within weeks or months of his capture on March 26, 1996. ``Obviously, it is deeply discouraging for the family after 22 months, but there is no proof of life.
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Cilcorp Inc., Peoria, Ill., said it agreed to acquire the environmental consulting and analytical service businesses of Hunter Environmental Services Inc. of Southport, Conn. The utility holding company said Hunter will receive 390,000 shares of a new series of Cilcorp convertible preferred stock with a face value of $39 million for the businesses.
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Advanced Medical Technologies Inc. said it purchased 93% of a unit of Henley Group Inc. Advanced Medical paid $106 million in cash for its share in a unit of Henley's Fisher Scientific subsidiary.
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Speaking on the ABC program, Abdul Amir al-Anbari, Iraq's ambassador to the U.N., asserted that an embargo on Iraq could plunge the U.S. into a "depression" and the rest of the world into an economic "crisis." Iraq clearly is trying to woo back more Arab support in case the conflict drags on, hoping that its neighbors eventually will help it survive a prolonged war of economic attrition with the West.
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Steel plates recovered at the Olympic park bombing appear to match those found at the abortion clinic bombing in Atlanta. Those plates may have come from a machine shop in north Carolina, where a friend of Rudolph worked.
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For nearly forty years, the United States has said categorically it would not tolerate totalitarian rule in its own backyard. It is the US economic and political embargo which has kept Cuba in a box.
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Canada's largest department store operator said the rights offering will entitle holders of its ordinary shares, except residents in the U.S. and Britain, to subscribe for two additional shares for every five shares held at a price of C$31.25 a share. The record date is Nov. 9.
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Libyan leader Moammar Gadhafi, in a letter to the U.N. Secretary-General, also called for an emergency Security Council meeting in Geneva to remove U.S. forces. There was no decision on a meeting.
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For nearly forty years, the United States has said categorically it would not tolerate totalitarian rule in its own backyard. It is the US economic and political embargo which has kept Cuba in a box.
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It's followed by Stroh Brewery Co., which has agreed to sell its assets to Coors. Both Coors and Stroh have recently been ceding market share to Miller and Anheuser.
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``The type of lifestyle these women have is extremely dangerous,'' she said.
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Avon also said it will issue an additional 243,677 of the Class C warrants to holders of its Class A, Class B and unclassified warrants. Issuance of those warrants will be at the rate of one-third warrant for each warrant exercised.
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Truckloads of goods rolled into Iraq from Jordan on Tuesday and Iraqi-bound cargo was unloaded from ships at the Red Sea port ofAqaba despite the U.N.-ordered sanctions. King Hussein was reportedly carrying a message to Bush from Iraq's Saddam, with whom the king met Monday.
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And while there was no profit this year from discontinued operations, last year they contributed #34 million, before tax. Pretax profit fell 3.7% to #128 million from #133 million and was below analysts' expectations of #130 million to #135 million, but shares rose 6 pence to 388 pence in early trading yesterday in London.
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Traders said that selling pressure wasn't enormous and that the DAX dropped Friday more on a lack of any substantial buying interest. They said contributing to the downward drift was the fact that many professional traders had chosen to square positions ahead of the weekend.
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In American Stock Exchange composite trading, Citadel shares closed yesterday at $45.75, down 25 cents.
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Thirty-two of the 159 U.N. members had filed compliance reports by Wednesday, and all were honoring the sanctions Iraq. Also Thursday, Saudi Arabia called for an emergency conference of the Organization of Petroleum Exporting Countries to discuss how much oil to pump.
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In fiscal 1989, it had sales of about $40 million and an operating loss of $1.5 million.
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Profit for its commercial insurance division fell 30% to $59 million, reflecting higher catastrophe losses and the price war in the property/casualty market for nearly three years. However, Aetna's employee benefits division, which includes its group health insurance operations, posted a 34% profit gain to $106 million.
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Service industries also showed solid job gains, as did manufacturers, two areas expected to be hardest hit when the effects of the Asian crisis hit the American economy. The major harm from Asia is likely to come from the plunge in the value of many Asian currencies relative to the dollar, a situation that is expected to lead to a surge of inexpensive imports into the United States, hurting American competitors.
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BLOCKBUSTER ENTERTAINMENT CORP. said it raised $92 million from an offering of liquid yield option notes. The gross proceeds from the sale of the notes, which will be due on Nov. 1, 2004, will be used to reduce existing debt and for general corporate purposes, the company said.
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DD Acquisition Corp., a partnership of Unicorp Canada Corp.'s Kingsbridge Capital Group and Cara Operations Ltd., extended to Nov. 20 its $45-a-share offer for all Dunkin' Donuts Inc. shares outstanding. The offer, which was due to expire yesterday, is conditional on 50.1% of Dunkin' common shares, on a fully diluted basis, being tendered and on the withdrawal of the company's poison pill rights plan.
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Rogers said the shares will be convertible into Class B shares, but that the company has the option to redeem the shares before a conversion takes place. A spokesman for the Toronto cable television and telecommunications concern said the coupon rate hasn't yet been fixed, but will probably be set at around 8%.
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Kalamazoo, Mich.-based First of America said it will eliminate the 13 management positions of the former Midwest Financial parent company. First of America said some of the managers will take other jobs with First of America.
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The likelihood that the federal budget will soon move from deficit into surplus has further improved the outlook. The less money the government needs to borrow, the more is freed for private investment.
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The offer is being launched pursuant to a previously announced agreement between the companies.
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Compaq Computer Corp. said that its net income rose 51% in the third quarter, bolstered by unusual gains from its investment in a disk-drive maker and reflecting continued growth in its European operations. The computer maker said net jumped to $87 million, or $2.02 a share, from $58 million, or $1.40 a share, a year earlier.
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They are aided by Britain, West Germany, Australia, Canada, the Netherlands and Belgium. Bush was expected to authorize naval commanders to use ``the minimum force necessary'' to interdict shipments to and from Iraq, a U.S. official said.
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NEWARK, N.J. _ A new Essex County task force began delving Thursday into the slayings of 14 black women over the last five years in the Newark area, as law-enforcement officials acknowledged that they needed to work harder to solve the cases of murdered women. The police and prosecutors said they had identified different suspects in six of the cases and had yet to find any pattern linking the killings or the victims, several of whom were believed to be prostitutes.
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The consumer-products and newsprint company said net rose to $108.8 million, or $1.35 a share, from $90.5 million, or $1.12 a share, a year ago. Sales rose 6.2% to $1.45 billion from $1.37 billion.
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Steel plates recovered at the Olympic park bombing appear to match those found at the abortion clinic bombing in Atlanta. Those plates may have come from a machine shop in north Carolina, where a friend of Rudolph worked.
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Sununu was told Wednesday by Bush's son, George, that he had alienated members of the Cabinet, the White House staff and the Republican political community, creating a situation that puts his effectiveness in significant doubt, the sources said. The message to the chief of staff was meant to be taken as a suggestion that Sununu offer to resign, one highly placed source said.
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Consolidated Freightways Inc. reported a 77% drop in third-quarter net income, citing expected losses in its Emery Worldwide shipping business. The Menlo Park, Calif., company said net was $7.4 million, or 22 cents a share, down from $32.3 million, or 86 cents a share, a year ago.
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U.S. officials say that hundreds of Kuwaiti oil wells now may have been set afire. And Robert Gates, Mr. Bush's deputy national security adviser, asserted in an interview on the Cable News Network that Iraqi troops have set fire to "large sections" of Kuwait City.
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In fiscal 1989, Elco earned $7.8 million, or $1.65 a share. The company's stock fell $1.125 to $13.625 in over-the-counter trading yesterday.
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Saddam appeared to accept a border demarcation treaty he had rejected in peace talks following the August 1988 cease-fire of the eight-year war with Iran. The move seemed aimed at heading off more trouble with Iran, which had condemned Iraq's invasion of Kuwait on Aug. 2 but also criticized the multinational force dispatched to Saudi Arabia.
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Courtaulds PLC announced plans to spin off its textiles operations to existing shareholders in a restructuring to boost shareholder value. The British chemical and textile company's plan, which requires shareholder approval, would create a new, listed U.K. stock with a probable market capitalization between #300 million ($473 million) and #400 million, analysts said.
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Last year, DSM had 71 million guilders of extraordinary charges for the restructuring program and other transactions. The earnings growth also was fueled by the company's ability to cut net financing spending by half to around 15 million guilders.
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Armco shares closed unchanged at $10.625 in composite trading on the New York Stock Exchange. National Intergroup, which owns 50% of the nation's sixth largest steelmaker -- National Steel Corp. -- posted net income for the fiscal second-quarter of $8.6 million, or 33 cents a share, compared with a net loss of $50.3 million.
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New evidence is suggesting that a series of bombings in Atalanta and last month's explosion at an Alabama women's clinic might be related. Pierre Thomas has the latest.
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He said the independent power segment could grow to provide as much as 50% of near-term generation capacity, adding: "We expect to supply a significant share of this market." Westinghouse also expects its international sales to soon grow to 25% of total corporate sales from 20% last year.
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Amir, 27, is serving a life sentence for the November 1995 assassination of Rabin at a Tel Aviv peace rally. Newspaper reports have said Amir was infatuated with Har-Shefi and may have been trying to impress her by killing the prime minister.
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That would undermine any chances of rebuilding either Iraq or its armed forces in short order as long as Saddam Hussein remains in power. The American hope is that someone from within Iraq, perhaps from the army's professional ranks, will step forward and push Saddam Hussein aside so that the country can begin recovering from the disaster.
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The company said Mr. Stronach will personally direct the restructuring, assisted by Manfred Gingl, president and chief executive. Neither they nor Mr. McAlpine could be reached for comment.
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When strategically implemented, an intranet solution will provide the ability to mediate mission-critical, decision support functions in organisations. It will also help further improve communications and collaboration at all levels in an organisation.
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If the heavy outflows continue, fund managers will face increasing pressure to sell off some of their junk to pay departing investors in the weeks ahead. Such selling could erode prices of high-yield junk bonds, already weakened by a rash of corporate credit problems.
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We do not further the purpose of human rights in the world by violating the human rights under our own constitution. But opponents said the school might be a target for terrorist attacks, complained about its tax exempt status, and wondered why the Saudis are not compelled to allow Christians to worship in their country.
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Both U.S. and British officials filed objections to the court's jurisdiction in 1995, claiming Security Council resolutions imposed on Lybia to force the suspects' extradition overruled a 1971 Convention which gives Libya the right to try the men. The decision, 3rd graf pvs.
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They arrested two men in connection with the bomb factory, which also contained circuitry, detonating cord and the Mitsubishi truck that would have carried the bomb. The British and Irish governments, which cosponsor the multi-party talks that are supposed to conclude by May, invited Sinn Fein to rejoin two weeks ago.
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Five other U.N. inspection teams visited a total of nine other sites, the agency reported. An Iraqi official, speaking on customary condition of anonymity, said Ritter would not try to visit any of the eight presidential sites that Baghdad had placed off-limits to U.N. weapons inspectors.
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Crane Co. said it holds an 8.9% stake in Milton Roy Corp., an analytical-instruments maker, and may seek control of the company. Crane, a maker of engineered products for aerospace, construction, defense and other uses, made the disclosure in a Securities and Exchange Commission filing.
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First of America Bank Corp. said it completed its acquisition of Midwest Financial Group Inc. for about $250 million. First of America, which now has 45 banks and $12.5 billion in assets, announced an agreement to acquire the Peoria, Ill., bank holding company in January.
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NEWARK, N.J. _ A new Essex County task force began delving Thursday into the slayings of 14 black women over the last five years in the Newark area, as law-enforcement officials acknowledged that they needed to work harder to solve the cases of murdered women. The police and prosecutors said they had identified different suspects in six of the cases and had yet to find any pattern linking the killings or the victims, several of whom were believed to be prostitutes.
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CAMBREX Corp., Bayonne, N.J., declared its initial quarterly of five cents a share, payable Dec. 1 to stock of record Nov. 10. The maker of specialty chemicals has about 5.9 million shares outstanding.
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The company said it has agreed to sell the extrusion division for $15 million to R.D. Werner Co., a closely held firm based in Greenville, Pa.
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In addition, Courtaulds said the moves are logical because they will allow both the chemicals and textile businesses to focus more closely on core activities. Courtaulds has been under pressure to enhance shareholder value since takeover speculators -- including Australian financier Kerry Packer -- surfaced holding small stakes last year.
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"It's a cosmetic move," said Jonathan S. Gelles of Wertheim Schroder amp Co. According to Upjohn's estimates, only 50% to 60% of the 1,100 eligible employees will take advantage of the plan.
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In Newark, U.S. Attorney Samuel A. Alito said, "I don't think there's any legal reason to limit forfeiture of attorney's fees to drug cases." Mr. Alito said his office "just responded to an attorney's question about whether we would go after attorney's fees, and that is different from actually doing it, although we reserve that right."
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She says security under the fundamentalist Taleban government is better, but everything else is worse. Women do not become victims of armed attack, but they do not have the right to work.
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Currently, Avon, based in Santa Monica, Calif., has 3.3 million common shares outstanding. About 1.1 million Class C warrants were issued, the company said.
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