The late ticker
Sunday 17 August 1997
US federal regulators are expected to allow BT to complete its $22.3bn purchase of MCI after clarifying merger guidelines on Thursday when they approved the Bell Atlantic purchase of Nynex Corp. Approval is expected by the end of the month.
Smokers to pay
RJ Reynolds Tobacco has failed to persuade President Clinton's top economists that raising the cost of the historic $368.5bn tobacco litigation settlement would hobble the company. White House officials believe that while industry profit margins may narrow, cigarette makers will be able to shift the bulk of the expense of the settlement to smokers through price rises.
Mince health scare
Hudson Foods, one of the largest meat and poultry producers in the US, has recalled more than 1.2 million pounds of minced beef suspected of harbouring E. coli bacteria. Wal-Mart Stores, Safeways and Burger King have removed all suspect meat from stores and restaurants. An investigation is under way into why Hudson Foods took more than three days to reveal the extent of the problem.
The party's potential nominations read like a high school race for student body president
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
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Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
Ball pool for adults opens in London
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
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