On this day

August 28, 1996

Revisit the music, news, notable people, and historical moments connected to this date.

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Headlines from August 28, 1996

INSIDE

By Unknown Author

A Battle Renewed in Israel The long struggle over whether Jewish or civil law should prevail in Israel has been renewed with attacks on the Supreme Court by ultra-Orthodox Jews who called its chief judge a ''new dictator.'' Page A3. A Suspect Sums Up His Case In closing remarks aimed at holes in the Government's case, Ramzi Ahmed Yousef faced the jury and said he had been framed in a plot to blow up American jets in Asia. Page B1. At Open, Change and Upset When the U.S. Open moves to a new stadium next year, there will be hefty price increases for top seats. In the old stadium, Stefan Edberg upset Richard Krajicek. Page B11. Bernard Jacobs Is Dead; Pillar of Bradway Was 80 Bernard B. Jacobs, who was president of the Shubert Organization for 24 years and was one of the most powerful forces in American theater, is dead at 80. He and his partner, Gerald Schoenfeld, had a bigger say than anyone in what opened on Broadway. Obituary, page D18.

National Desk166 words

BUSINESS DIGEST

By Unknown Author

Profit Motive Clouds Effort To Buy Up A-Bomb Material The American Government-owned corporation that is charged with acquiring much of Russia's military stockpile of uranium for resale as civilian nuclear reactor fuel turned down repeated Russian offers this year to sell material sufficient to build 400 bombs comparable to the one that destroyed Hiroshima. The incident raises the question of whether the corporation, the United States Enrichment Corporation, put its profits ahead of national security. The purchase agreement was a centerpiece of the urgent American effort to keep the ingredients of powerful weapons in the former Soviet Union out of the hands of terrorists or rogue nations. $(Page A1.$) A Challenge to Milken Settlement A challenge by TLC Beatrice International Holdings to the 1992 global settlement of claims against Michael R. Milken and others associated with Drexel Burnham Lambert was revived by the United States Court of Appeals in Manhattan. The court sent the case back to Judge Milton Pollack of Federal District Court in New York, who had dismissed it last September. $(D2.$) A Fidelity Fund Manager Resigns Robert A. Beckwitt, once one of the brightest stars among Fidelity Investments' mutual fund managers, has resigned to join Goldman, Sachs & Company. Mr. Beckwitt had managed the Fidelity Asset Manager funds. $(D2.$) Tobacco Effort Grows in Congress An effort is under way on Capitol Hill to pass legislation that would settle the lawsuits between tobacco companies and states. But it is far from clear that the proposal could be passed in this session of Congress. $(B8.$) Stocks Rise on Dividend Prospects Stocks rose on prospects for higher dividends and stronger-than-expected earnings. The Dow Jones industrial average rose 17.38 points, to 5,711.27. The Nasdaq composite index jumped 9.80 points, to 1,149.02. $(D6.$) Prices of Treasury securities gained, despite a disappointing two-year Treasury note auction, sending the bond's yield down to 6.97 percent, from 7 percent on Monday. $(D16.$) Consumer Confidence Up in August Consumer confidence surged in August to a six-year high of 109.4 on the Conference Board's index. The advance raised doubts that the economy is headed for a slowdown and led to fears by some of higher interest rates. $(D5.$) Boeing Plans to Add 5,000 Workers Boeing plans to hire up to 5,000 employees to meet demand. The company also said that production of its 777 jet would increase to seven airplanes a month from five. $(D2.$) Foxmeyer Unit Files for Bankruptcy The Foxmeyer Health Corporation put its wholesale drug distribution unit into Chapter 11 bankruptcy, after efforts to sell the ailing company fell through. $(D6.$) Matsushita Rebounds With Profit Matsushita Electric Industrial rebounded to a profit of 18.5 billion yen, or about $170 million, in its latest quarter, aided by a weaker yen. A year earlier it lost 151.3 billion yen. $(D3.$) British Insurer in Swiss Deal Prudential, the British insurer, said it was selling its reinsurance unit to Swiss Reinsurance for $2.7 billion. $(D3.$) The Regular Guys at the N.F.L. What's under a professional football player's helmet, padding and uniform? An appealing human being, the National Football League feels. In an ambitious $50 million broadcast and print campaign, it is stressing players and their personalities in the hope of converting casual fans into real fanatics. Stuart Elliott: Advertising. $(D4.$)

Business/Financial Desk542 words

Some Bosnia Voting Delayed Over Abuses

By Unknown Author

The Western official in charge of the September elections in Bosnia postponed municipal voting, citing abuses. The delay raised fears about whether the timetable for pulling out peacekeepers could be maintained. Article, page A6.

Foreign Desk33 words

Shop and Chop: A Tomato Challenge

By Suzanne Hamlin

Eight chefs create uncooked tomato-based dishes for six at the Union Square Greenmarket, spending just $20 and using just 40 minutes for shopping and 40 minutes at the preparation table with no help or no electrical equipment; they are Lidia Bastianich, Mario Batali, Terrance Brennan, Patrick Clark, Alex Lee, Michael Romano, Nicole Routhier and Anne Rosenzweig; recipes; photos (M)

Living Desk2641 words

Music on My Birthday

Billboard 200

The Top 50 albums for the chart week of August 28, 1996, covering August 28, 1996.

  1. 1
    Album cover for Jagged Little Pill by Alanis Morissette

    Jagged Little Pill

    Alanis Morissette

    Last week
    1
    Peak
    1
    Weeks
    62
  2. 2
    Album cover for Falling Into You by Celine Dion

    Falling Into You

    Celine Dion

    Last week
    3
    Peak
    2
    Weeks
    23
  3. 3
    Album cover for It Was Written by Nas

    It Was Written

    Nas

    Last week
    2
    Peak
    1
    Weeks
    7
  4. 4
    Album cover for Blue by LeAnn Rimes

    Blue

    LeAnn Rimes

    Last week
    11
    Peak
    3
    Weeks
    6
  5. 5
    Album cover for Tragic Kingdom by No Doubt

    Tragic Kingdom

    No Doubt

    Last week
    4
    Peak
    4
    Weeks
    33

Notable Births

Kim Se-jeong

1996Kim Se-jeong, South Korean actress and singer[โ€ ]

Kim Se-jeong is a South Korean singer and actress. She finished second in Mnet's girl group survival show Produce 101, becoming a member of the project girl group I.O.I. She was also a member of Jellyfish Entertainment's girl group Gugudan. She is currently active as a solo artist and actress, best known for her lead roles in the television series School 2017 (2017), The Uncanny Counter (2020โ€“2023), and Business Proposal (2022).

Historical Events

Chicago Seven

1996Chicago Seven defendant David Dellinger, antiwar activist Bradford Lyttle, Civil Rights Movement historian Randy Kryn, and eight others are arrested by the Federal Protective Service while protesting in a demonstration at the Kluczynski Federal Building in downtown Chicago during that year's Democratic National Convention.[โ€ ]

The Chicago Seven, originally the Chicago Eight and also known as the Conspiracy Eight or Conspiracy Seven, were seven defendants โ€“ Rennie Davis, David Dellinger, John Froines, Tom Hayden, Abbie Hoffman, Jerry Rubin, and Lee Weiner โ€“ charged by the United States Department of Justice with conspiracy, crossing state lines with intent to incite a riot, and other charges related to anti-Vietnam War and 1960s counterculture protests in Chicago, Illinois, during the 1968 Democratic National Convention. The Chicago Eight became the Chicago Seven after the case against codefendant Bobby Seale was declared a mistrial.

Historical Context for August 28, 1996

In 1996, the world population was approximately 5,842,055,734 people[โ€ ]