Daily News (New York, NY) articles from July 2003

Daily News (New York, NY) archives from July 2003

J.P. Morgan Chase ATMs Power Down for Two Hours in Manhattan Area.
July 1, 2003

New SEC Rule Requires Investors to Vote on Stock Option Plans.
July 1, 2003

Manhattan Development Group Invites Artists for Input on Ground Zero Space.
July 1, 2003

GM, Ford Post Disappointing June Sales despite Incentives.
July 2, 2003

Staten Island, N.Y., Ferry Commuters Could Face Tough Security Measures.
July 2, 2003

Kraft's Kitchen Scales Will Tip toward Healthy.
July 2, 2003

City Olympic Boosters Play Waiting Game.
July 2, 2003

Trump Flip-Flops on Slots at Track.
July 2, 2003

SARS, War in Iraq Slash Profits for Gucci Group by 97 Percent in First Quarter.
July 3, 2003

Staffers at Two Hospitals in Queens, N.Y., Picket Over Cutbacks.
July 3, 2003

UBS Analyst Forced Out for Violating Policy against Discussing HealthSouth.
July 3, 2003

Graffiti Mars Tribute to World Trade Center at Ground Zero.
July 3, 2003

New York's Oldest Spanish-Language Newspaper Is Sold.
July 4, 2003... Byline: Paul D. Colford Jul. 4--El Diario-La Prensa, New York's oldest Spanish-language newspaper, said it's been sold by Entravision Communications for $19.9 million to a group of investment firms with wide media interests. The...

Liberty Media Investment Group to Become Full Owner of QVC Network.
July 4, 2003

Late Week Profit-Taking Takes Some Steam Out of Earlier Stock Market Rally.
July 4, 2003

Battle for African-American Viewers Heats Up for Cable T.V. Networks.
July 7, 2003... Byline: Phyllis Furman Jul. 7--Two of the sharpest minds in the cable TV business are cranking up the volume in a battle for African-American viewers. For months, BET boss Bob Johnson has listened as his new rival, Johnathan Rodgers,...

Daily News, New York, Guerrilla Investing Column.
July 7, 2003... Byline: Peter Siris Jul. 7--Now that brokerage houses have been taken to the woodshed by everyone from Attorney General Eliot Spitzer to the members of the Securities and Exchange Commission, conventional wisdom is that research on Wall...

Publishers Clearinghouse Weathers Storm of Direct-Mail Marketing Problems.
July 7, 2003... Byline: Tom Van Riper Jul. 7--Haven't seen the Prize Patrol at your door lately with their million dollar check the size of your dining room table? Don't give up hope. Publishers Clearinghouse is alive and well, and celebrating its...

Judge in Investment Bank Lawsuits Known for Forcefulness.
July 7, 2003

Daily News, New York, Media Column.
July 8, 2003... Byline: Paul D. Colford Jul. 8--NEW CLINTON BIO IS BEING READIED: Clinton bio probes early years British historian Nigel Hamilton, whose best-seller "JFK: Reckless Youth" was publicly denounced by the Kennedy family a decade ago, is about...

Former Sony Music Chief to Launch Record Label with Universal Music.
July 8, 2003... Byline: Phyllis Furman Jul. 8--He's baaaack. Tommy Mottola, ousted as head honcho at Sony Music seven months ago, has soared to the top of the charts again -- snagging a $50 million payday at arch rival Universal Music Group. ...

Bullish Reports on Technology, Bank Stocks Buoy U.S. Equity Markets.
July 8, 2003... Jul. 8--Stocks put on their own fireworks display yesterday, as upbeat reports on tech and bank stocks turned investors bullish on a strong second half they hope is just around the corner. The Dow soared 146.58 to 9,216.79 as 27 of its 30...

Jeans Giant VF Corp. to Buy Sportswear Firm Nautica for $586 Million.
July 8, 2003

New York Legislation Adds State's 'Do Not Call' Registry to National List.
July 8, 2003

Former Education Board Headquarters in Brooklyn, N.Y., to Become Condos.
July 9, 2003... Jul. 9--Mayor Bloomberg administers the coup de grace to 110 Livingston St. Sold. The last remaining symbol of the Board of Education bureaucracy -- the former headquarters in downtown Brooklyn -- brought $45 million from a developer who...

Analysts Hope Recent Wave of Mergers Will Give Boost to Wall Street.
July 9, 2003... Byline: Daniel Dunaief Jul. 9--Companies are once again starting to play "Let's Make a Deal," announcing a spate of friendly and hostile mergers that could give Wall Street a much-needed boost. "Now that the [stock] market is coming...

Federal Government Awards $22 Million to Muffle Jet Noise Near Kennedy Airport.
July 9, 2003

Hoping to Improve Lackluster Sales, Ford, GM Extend Incentive Plans.
July 9, 2003

Couple Sues Norwegian Cruise Lines over Incident That Booted Them from Ship.
July 9, 2003

New Federal Task Force to Crack Down on Financial Crimes.
July 9, 2003

Heavyweight Champ George Foreman Adds Casual Male to Endorsements.
July 9, 2003

Stock Markets Continue Climb as Investors Anticipate Strong Quarterly Profits.
July 9, 2003

Owners Selling Cutchogue, N.Y., Vineyard for $7.5 Million.
July 9, 2003

Mobile Users Pounded by Marketers, Junk Mail Pay Price.
July 10, 2003... Byline: Michelle Megna Jul. 10--Traci Coulter receives spam over her cell phone at all hours. Fed up with the junk mail clogging your computer? Brace yourself: Spam is streaming to your cell phone. And what's worse, you're paying for...

Fast-Food Restaurants Try Out Do-It-Yourself Ordering Terminals.
July 10, 2003... Byline: Nancy Dillon Jul. 10--Fast food is about to get even faster. Burger behemoths McDonald's and Burger King are trying out new do-it-yourself ordering kiosks. The electronic systems let users place and pay for orders on a...

Daily News, New York, Media Column.
July 10, 2003... Byline: Phyllis Furman Jul. 10--A new rap war is igniting -- and once again it involves Steve Gottlieb, the hard-charging music kingpin who took on Def Jam boss Lyor Cohen. Fresh from winning a huge, $132 million judgment against Cohen...

Former New York Times Editors Raines, Boyd Still to Answer Questions on Blair.
July 10, 2003... Byline: Paul D. Colford Jul. 10--The New York Times may not have heard the last of Howell Raines and Gerald Boyd. Five weeks after the two top editors resigned, they're still expected to sit for questions from a committee reviewing how...

Profit-Taking Pulls Dow Down 66 Points.
July 10, 2003

Microsoft Dividend Could Be on Way Up.
July 10, 2003

New York's Computerized $48 Million School Budget System Doesn't Add Up.
July 10, 2003

New York-Area East River Bridges to Remain Toll-Free for Four More Years.
July 10, 2003

New York-Area Wetlands Group to Get $340,000 for Restoration.
July 10, 2003

Stocks Drop as National Unemployment Level Hits 20-Year High.
July 11, 2003... Jul. 11--More Americans are unemployed than at any time in the past 20 years -- a government report that sent stocks to their largest decline in nearly three weeks. Total jobless claims jumped by over 100,000 last week to 3.8 million,...

Daily News, New York, Publishing Column.
July 11, 2003... Byline: Paul D. Colford Jul. 11--NO DETOUR SEEN FOR CUOMO BOOK: Andrew Cuomo may be past the crossroads in his marriage and heading for the off-ramp. But Cuomo's "Crossroads" remains on course. Subtitled "The Future of American...

Unemployment Reports Pressure Stocks to Post Largest Decline in Three Weeks.
July 11, 2003... Jul. 11--More Americans are unemployed than at any time in the past 20 years -- a government report that sent stocks to their largest decline in nearly three weeks. Total jobless claims jumped by over 100,000 last week to 3.8 million,...

Former Seagram Owner Works to Polish Bid for Vivendi's Entertainment Assets.
July 11, 2003... Byline: Phyllis Furman Jul. 11--Edgar Bronfman Jr.'s skipping a big gathering of media honchos taking place this week in Sun Valley, Utah, to work on his bid to buy Vivendi's entertainment units. The Seagram heir had planned to make...

New York Attorney General Clashes with Congress over Bank Authority Limits.
July 11, 2003

Disciples Bid Close to $200,000 to Lunch with Investment Guru.
July 11, 2003

New York Racing Association CEO Criticized.
July 11, 2003

Developer Must Scale Down Plans for Rebuilding of World Trade Center Site.
July 11, 2003

International Trade War Threatens New York's Apparel Industry.
July 12, 2003... Byline: Nancy Dillon Jul. 12--An international trade war that could hurt the New York apparel industry is looming. The European Union yesterday said it's prepared to slap $2.2 billion worth of sanctions on American steel, food and...

Decline in Wholesale Prices Raises Concerns over Economy.
July 12, 2003

Telemarketing Officials Say Do-Not-Call Registry Could Mean 2 Million Layoffs.
July 13, 2003... Byline: Brian Kates Jul. 13--First, the good news: More than 24.5 million Americans -- more than a million from New York -- have signed up for the federal do-not-call registry, finally forcing pesky telemarketers to stuff a sock in it. ...

J.P. Morgan Takes Gamble on Microsoft Stock Options.
July 14, 2003... Byline: Daniel Dunaief Jul. 14--Bill Gates-led Microsoft gave Chase the okay to buy millions of employee stock options. J.P. Morgan Chase made a big splash when Microsoft said it could buy millions of stock options from its execs -- but...

Daily News, New York, Peter Siris Column.
July 14, 2003... Byline: Peter Siris Jul. 14--There are two dynamics at work in the stock market. Hedge fund managers, who think the market is overvalued, keep selling, while individuals, earning less than 1 percent on their money funds, keep buying. ...

New York Malpractice Insurance Hike May Prompt Doctors to Drop Obstetrics.
July 14, 2003

New York Times Is Poised to Name New Executive Editor.
July 14, 2003

Citigroup, Bank of America Post Surge in Profits.
July 15, 2003... Byline: Caroline Bierbaum Jul. 15--The heart of the quarterly profit season kicked off with a bang yesterday as two top banks -- Citigroup and Bank of America -- reported surging profits due to strong consumer business. Driven by a...

New York Trade Show Attendees Take Exceptional Measures to Fight Idea Theft.
July 15, 2003... Byline: Farnoosh Torabi Jul. 15--Manhattan's sprawling Javits Center may appear a harmless -- even uninspiring -- meeting ground for dozens of annual industry trade shows. But entrepreneurs with inventive and quirky items to sell know...

Officials Accuse Morgan Stanley of Misleading Mutual Fund Investigators.
July 15, 2003... Byline: Daniel Dunaief Jul. 15--Morgan Stanley paid its brokers higher commissions to push the firm's own mutual funds, and then misled investigators about the practice, New York and Massachusetts officials claim. New York attorney...

Annual Convention Highlights Computer Associates' Executive Structure.
July 15, 2003... Byline: Mark Harrington Jul. 15--LAS VEGAS--With Computer Associates co-founder Charles Wang officially off the playbill at the company's annual convention here, the mostly one-man show of chairman and chief executive Sanjay Kumar has made...

Stocks Rise on Promising Start to Second Quarter.
July 15, 2003... Byline: Tom Van Riper Jul. 15--Stocks moved ahead yesterday as strong results from banks and a favorable tech outlook fueled a promising start to the second-quarter profit season. The Dow finished the day up 57.56 to 9,177.15, after...

New York City Transit Agency Puts Brakes on Plan to Extend Subway to Airport.
July 15, 2003... Byline: Pete Donohue Jul. 15--Plans to extend the subway to LaGuardia Airport -- a project pushed by the Giuliani administration -- have fallen off the radar screen. The Metropolitan Transportation Authority's 2000-04 capital plan set...

New Jersey Commuter Trails Derails outside Secaucus.
July 15, 2003... Byline: Ralph R. Ortega Jul. 15--Two cars of 12-car NJTransit train tilt off tracks in Secaucus, N.J., after derailment yesterday morning. Officials were trying to determine whether wheel that came off one car was cause of accident. A...

Brooklyn, N.Y., University Researchers Win Grant to Develop Anthrax Tests.
July 15, 2003

Mergers on the Rise Again.
July 15, 2003

MGM Demands More Financial Information on Vivendi Units Offered for Sale.
July 15, 2003

Cablevision Sends Satellite into Orbit.
July 16, 2003... Byline: Harry Berkowitz Jul. 16--Tomorrow, a 196-foot-tall rocket is slated to blast off from Cape Canaveral and launch a nearly 5-ton Lockheed Martin satellite named Rainbow 1 into orbit for Cablevision Systems Corp. Also riding on...

Greenspan Testimony, Choppy Earnings News Lead to Losing Day on Wall Street.
July 16, 2003... Byline: Tom Van Riper Jul. 16--The economy is poised to grow over the next year and a half even if it still needs a big push from the Fed to make it happen, Alan Greenspan told lawmakers yesterday. Delivering his twice-a-year economic...

Merrill Lynch, Intel Post Strong Second-Quarter Profits.
July 16, 2003

United Airlines Unveils Plans for Low-Cost Service to Leisure Destinations.
July 16, 2003

Vivendi Dismisses MGM's Bid for Its Entertainment Assets.
July 16, 2003

Citigroup Names Replacement for Outgoing CEO Sandy Weill.
July 17, 2003... Byline: Daniel Dunaief Jul. 17--A Prince will soon succeed the king at the world's largest financial services company. Chuck Prince, 53, will become CEO of Citigroup at the end of this year, replacing 70-year-old Sandy Weill and...

Daily News, New York, Media Column.
July 17, 2003... Byline: Phyllis Furman Jul. 17--Subscribers may be bailing out of AOL. Wall Street's bracing for huge member defections from the world's biggest online empire as they await AOL Time Warner's profit report next week. Between "250,000 to...

Architect, Developer of World Trade Center Join on New Tower's Design.
July 17, 2003... Jul. 17--After months of bickering, Ground Zero planner Daniel Libeskind and developer Larry Silverstein's handpicked architect hugged -- yes, hugged -- at the edge of The Pit yesterday. "If body language says anything, this is the...

Hip-Hop Star to Launch Line of Women's Apparel.
July 17, 2003

J.P. Morgan Chase Latest Bank to Report Stellar Quarterly Results.
July 17, 2003

Deflation Fears Ease with Rise in Consumer Prices, Factory Production.
July 17, 2003

New York City Transit Agency Undecided on Closing Token Booths.
July 17, 2003

Major Earnings Reports Offer Mixed Bag of Profit Performances.
July 18, 2003... Byline: Caroline Bierbaum Jul. 18--Microsoft, the world's largest software maker, provided a strong finish to a choppy day of profit reports, but failed to offer any surprise dividend to shareholders. Its quarterly profit jumped 27...

Job Creation in New York City Shows Economy May Be Turning Around.
July 18, 2003... Byline: Tom Van Riper Jul. 18--More than 6,000 jobs were created in the city last month, a first hint that the long-suffering local economy has begun to turn around. Still, the city's unemployment rate held at 8.1 percent in June,...

Daily News, New York, Media Column.
July 18, 2003... Byline: Paul D. Colford Jul. 18--Mr. Big has left the building. Suddenly. Ronald Galotti -- the model for the swaggering Mr. Big in the novel and HBO series "Sex and the City" -- stunned colleagues yesterday by stepping down as...

Stocks Snap Losing Streak on Bullish McDonald's News, Rosy Microsoft Outlook.
July 19, 2003... Byline: Nancy Dillon Jul. 19--Stocks snapped their three-day losing streak yesterday amid a modest gain in consumer confidence, encouraging financial reports and a bullish call on burger giant McDonald's. The Dow surged 137.33 to...

Study Claims New York City East River Bridge Tolls Would Reduce Traffic.
July 20, 2003