[The New York Times] A multibillion-dollar leveraged buyout - financed through the sale of assets and the issuance of high-yield bonds - is a risky venture under the best of circumstances. But with the market's collapse last week and the flight of investors to safer...
[The New York Times] The Enron Corporation said today that it would permanently close its Enron Oil Corporation subsidiary after learning that the unit had lost $85 million because of unauthorized trading in the petroleum futures markets. The company said that the two...
[The New York Times] As the Republican gubernatorial candidate in Texas in 1964, Jack A. Crichton knew he did not have much of a chance. Running against the incumbent, John B. Connally, who was then a Democrat, Mr. Crichton (pronounced CRAY-ton) said he had accepted...
[The New York Times] For nearly 20 years, the Lomas & Nettleton Financial Corporation was the undisputed leader in the staid mortgage banking business. No longer, however, is the business staid, and no longer is Lomas the leader. Instead - as such financial giants...
[The New York Times] ALTHOUGH scientists continue to debate exactly why and how it works, the process of applying electricity to aid in the repair and growth of bones - which has been used mainly with fractures - soon may be extended to an array of other problems,...
[The New York Times] THE William Herbert Hunt trust estate, the largest privately held trust to seek Chapter 11 bankruptcy protection, has repeatedly used extraordinary legal tactics. The reorganization plan filed last Wednesday by the trust's attorneys was more of...
[The New York Times] A medical examiner's finding today provided few answers for the people of El Paso as they continued to search for the reason behind the death of one of the local university's most personable and well-known basketball players. The Medical...
[The New York Times] THE $560 million debt restructuring finally worked out earlier this week between the Zapata Corporation and its bank lenders could ultimately prove to be an elixir not just for the ailing company but possibly for the offshore energy industry at...
[The New York Times] Southern Methodist University's decision the other day to scrap its football team for a second season in 1988 is only the latest piece of continuing fallout from the ignominy that shook the school this winter. Among a host of other effects,...
[The New York Times] The Federal Bureau of Investigation has begun investigating alleged incidents of threats and violence involving sports agents and players. According to a number of sources familiar with the investigation, Norby Walters and Lloyd Bloom, two New...
[The New York Times] He said he had first heard of it in 1971. A classmate asked him if he would contribute to a fund that had been set up to help recruit football players. Nothing big. No more than $100 would be paid out at a time, he was told. It was only to be used...
[The New York Times] With the campus shrouded in a cold mist, it seemed fitting weather this morning at Southern Methodist University as the news spread of the temporary ''death'' of the football team. As representatives from the university and the National Collegiate...
[The New York Times] Be patient. That is Diamond Shamrock's request to investors as it continues to weigh an unsolicited $2.03 billion takeover bid from the oilman and corporate raider T. Boone Pickens. Today, the company said it had still not decided on its response...
[The New York Times] Last year, an estimated $5.4 billion in pet food was sold in America, almost four times more than was spent on baby food. Grocery stores took in more money selling pet food than they did selling cereal, candy, soup or coffee. But if pet food is a...
[The New York Times] When Robert H. Dedman, the world's largest owner and operator of private clubs, visited the Far East this month, there was one thing he wanted on his itinerary that he could not have: a Dedman-owned country club in China. But if history is any...