PRESS DIGEST - Wall Street Journal - Aug 29 .  NEW YORK 1996-08-29  The National Basketball Association has sued America Online Inc , alleging that the United States ' No 1 on-line service is delivering real-time information about league games without its permission , The Wall Street Journal reported on Thursday .  The suit was filed on Wednesday in federal court in Manhattan and is another legal skirmish over what constitutes a " broadcast " in the computer age .  The suit contends America Online was misappropriating NBA property by providing a site containing continually updated scores and statistics of [START_ENT] NBA [END_ENT] games in progress .  The newspaper also reported :  * Baxter International Inc has reached an agreement to acquire Austria 's Immuno International AG in a complex deal valued at $ 715 miilion .  * Boeing Co secures $ 5.5 billion in orders for new , larger 747s .  * President Bill Clinton is expected to propose a tax break on home sales .  * Philip Morris Cos Inc raises dividend 20 percent .  * Salomon Brothers Inc analyst is bullish on International Business Machines Corp .  * Sierra Semiconductor Corp puts modem chipset line up for sale and sets layoffs .  * Red Lion Hotels Inc says it 's holding merger talks with Doubletree Corp .  * GTE Corp , Baby Bells and their allies ready to launch challenge to telecommunications reform law .  * Economists see second-quarter gross domestic product revised down 0.1 percentage point .  * President Clinton proposes five-point plan to clean up toxic waste sites .  * Securities and Exchange Commission acts to improve stock-trade prices for investors .  * H&R Block Inc delays spinoff of its stake in CompuServe Corp .  * Stock funds see cash pour in again in July .  * The Federal Trade Commission and Justice Department issue new guidelines for formation of doctors ' networks .  -- New York newsroom , ( 212 ) 859-1610
PRESS DIGEST - Wall Street Journal - Aug 29 .  NEW YORK 1996-08-29  The National Basketball Association has sued America Online Inc , alleging that the United States ' No 1 on-line service is delivering real-time information about league games without its permission , The Wall Street Journal reported on Thursday .  The suit was filed on Wednesday in federal court in Manhattan and is another legal skirmish over what constitutes a " broadcast " in the computer age .  The suit contends America Online was misappropriating NBA property by providing a site containing continually updated scores and statistics of
NBA
games in progress .  The newspaper also reported :  * Baxter International Inc has reached an agreement to acquire Austria 's Immuno International AG in a complex deal valued at $ 715 miilion .  * Boeing Co secures $ 5.5 billion in orders for new , larger 747s .  * President Bill Clinton is expected to propose a tax break on home sales .  * Philip Morris Cos Inc raises dividend 20 percent .  * Salomon Brothers Inc analyst is bullish on International Business Machines Corp .  * Sierra Semiconductor Corp puts modem chipset line up for sale and sets layoffs .  * Red Lion Hotels Inc says it 's holding merger talks with Doubletree Corp .  * GTE Corp , Baby Bells and their allies ready to launch challenge to telecommunications reform law .  * Economists see second-quarter gross domestic product revised down 0.1 percentage point .  * President Clinton proposes five-point plan to clean up toxic waste sites .  * Securities and Exchange Commission acts to improve stock-trade prices for investors .  * H&R Block Inc delays spinoff of its stake in CompuServe Corp .  * Stock funds see cash pour in again in July .  * The Federal Trade Commission and Justice Department issue new guidelines for formation of doctors ' networks .  -- New York newsroom , ( 212 ) 859-1610
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National Basketball Association
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