Biz

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TW opts for options

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Time Warner Inc. awarded its top execs a bunch of new stock options, but no pay raises in 1996, despite what the entertainment giant considered to be "major strategic and financial

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Sony cuts sat cash

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Sony Corp.'s expected stake in Japanese direct satellite broadcaster JSkyB is going to be at 25%, a drop from the expected 30% to 33% share Sony was to have had in the venture, a local business daily…

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