News In Brief

The Conference Board said its index of leading US economic indicators rose 0.2 percent in February, signaling an expansion that should continue through at least late 1999. Four of 10 indicators were higher, including consumer expectations. The board said its "coincident" indicators, which measure current activity, rose 0.3 percent - and its "lagging" index, measuring past performance, were 0.2 percent higher. February was the fifth straight monthly rise in the leading economic indicators.

A deal that will give media magnate Rupert Murdoch an even greater presence in the US cable-TV industry was announced in Sydney, Australia. Murdoch's News Corp. said it plans to buy "substantially all" of Liberty Media's interest in the Fox/Liberty Networks partnership for $1.43 billion in stock. Fox/Liberty's assets include the FX entertainment channel; the regional Fox Sports Net channel, which reaches 62 million households; the Golf Channel, and related businesses. Liberty Media, which has a 50-percent stake in the partnership, is based in Englewood, Colo.

Compiled by Robert Kilborn and Lance Carden

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to News In Brief
Read this article in
https://www.csmonitor.com/1999/0407/p20s4.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us