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Today, President Clinton announced an unprecedented commitment from media, business, and health care leaders to inform families about the Children's Health Insurance Program (CHIP). The goal is to reach nearly 11 million uninsured children across the country, who are eligible for Medicaid or CHIP but lack access to
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A series of significant events in Massachusetts' justice system have come to light in recent weeks, highlighting issues with theft, obstruction of justice, and sentencing. A defendant has pleaded guilty in a massive theft of computer software, while another faces sentencing for the suffocation of an infant. Meanwhile, a
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AT&T shareholders have overwhelmingly approved the company's $48 billion acquisition of Tele-Communications Inc. (TCI), with over 72% of outstanding shares voting in favor of the merger. This record-breaking approval marks a major step towards creating one of the world's largest telecommunications companies. The merger
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The potential breakup of Microsoft into several companies is being considered by federal and state prosecutors, with discussions between the Justice Department and representatives from 19 states who accuse the company of illegal business practices. The plan, which could see Microsoft split into similar companies to those created after the
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The Asian telecommunications industry was marked by significant events in February 1999, with Indonesian state operator PT Indosat facing a US$12.5 million loss after the collapse of its Canadian subsidiary, Alphanet Telecommunications Corporation. Indosat's president, Tjahjono Soerjodibroto, stated that the company's management had sought
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In a significant week for the Asian technology sector, several major players announced partnerships, developed new products, and expanded their reach. Compaq Computer Corp. delivered a disaster-ready system to Tokyo Electric Power, while Korea's 12 communication service companies aimed to post $17 billion in turnover this year. Yahoo
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Teltrend Inc. has secured a significant contract with Bell Atlantic to supply Teltrend Performance Monitoring Digital Network Interface units for widespread use on both new and existing telecommunications circuits. The adoption of these units is expected to save Bell Atlantic money and improve efficiency. Meanwhile, Panera Bread has opened its
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A significant shift in consumer behavior toward a more digitally integrated "e-lifestyle" is driving the partnership between IBM and Bell Atlantic, which will make it possible for customers to control various aspects of their homes, including lighting, entertainment, and security, using a PC or "smart" device.
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Stock prices posted late gains on January 25 as continued strong corporate earnings boosted investor confidence. The Dow Jones Industrials rose 82.65 to 9,203.32 on light volume of 722 million shares. Decliners led advancers 1,519 to 1,440. The New York Stock Exchange composite index rose
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The United Auto Workers union filed an unfair labor practices complaint against Mitsubishi Motor Manufacturing of America, claiming the automaker violated its contract by failing to notify the union about layoffs at its plant in Normal, Ill. The union was caught off guard when Mitsubishi announced up to 700 employees,
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The US telecommunications sector is experiencing a significant growth spurt, fueled by the data and wireless revolutions. This trend has benefited SBC Communications, the Texas-based Baby Bell, which has reported earnings that surpassed Wall Street's expectations. The company's acquisition of Ameritech, a Midwest local carrier, has
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The merger between SBC Communications and Ameritech is poised to transform the telecommunications landscape in the United States, offering benefits to consumers, investors, and workers alike. As the industry evolves and becomes increasingly global, the need for scale, scope, and resources becomes evident. The combined company will have the ability
