World Business Briefing | Europe: France: Another Loss At Alcatel
Alcatel reports its sixth consecutive quarterly loss; net loss was 1.35 billion euros ($1.33 billion) compared with 558 million euros year earlier (S)
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Alcatel reports its sixth consecutive quarterly loss; net loss was 1.35 billion euros ($1.33 billion) compared with 558 million euros year earlier (S)
New Jersey Sports and Exposition Authority destroys grass field at Giants Stadium, signaling official demise of three-year, $7 million grassy tray system; temporarily re-sods field and will decide on longterm replacement; photos (M)
Profile of comedian Bob Newhart, who has been awarded Kennedy Center's fifth annual Mark Twain Prize for American Humor during ceremony in Washington, DC; photo (M)
Unilever raises its earnings forecast for 2002 and reports increase in third-quarter earnings that exceed analysts' expectations; profit rose to 780 million euros ($767 million) from 493 million euros; sales of top products rose 5.4 percent compared with year ago; graph (S)
Israel's Labor Party ministers resign from coalition government over their assertion that Prime Min Ariel Sharon's budget favors Israel's settlers at expense of its poor; break is almost certain to drive Israeli government to right; it is first attempt by moderately leftist party to find political voice and present coherent alternative to Sharon since his crushing victory almost two years ago over his predecessor, Labor candidate Ehud Barak; loss of Labor's 25 seats in 120-seat Parliament leaves Sharon with minority government of 55 seats; he faces three basic options: he can try to govern with his remaining, right-of-center minority, which would leave him vulnerable to possible no-confidence vote; he can try to bring in ultra-right factions that would give him bare majority but also heighten risk that his government would appear extremist; or he can ask Pres Moshe Katsav to dissolve Parliament and call elections within 90 days, nine months ahead of schedule; allies say Sharon is likely to pursue first or second option for now; Defense Min Benjamin Ben-Eliezer, explaining his decision to leave government, says it is time to show Palestinians 'diplomatic horizon'; but most likely result of his departure will be to empower hard-line groups most opposed to dealing with Palestinians; photo; chart (M)
Music on My Birthday
The Top 50 albums for the chart week of October 30, 2002, covering October 31, 2002.
Faith Hill
LL Cool J
Elvis Presley
The Rolling Stones
Avril Lavigne
2002Lionel Poilâne, French banker and businessman (born 1945)[â ]
Lionel Poilâne was a French baker and entrepreneur whose commitment to crafting quality bread earned him worldwide renown. His father, Pierre Poilâne started a baking business in 1932, creating bread using stone-ground flour, natural fermentation and a wood-fired oven. Lionel took over the bakery in 1970, continuing the traditional methods.

2002Michail Stasinopoulos, Greek jurist and politician, President of Greece (born 1903)[â ]
Michail Stasinopoulos was a Greek jurist and politician who served as the President of Greece from 18 December 1974 to 19 July 1975. A member of New Democracy, he was the first officeholder under the Third Hellenic Republic.
2002Raf Vallone, Italian footballer and actor (born 1916)[â ]
Raffaele Vallone was an Italian actor and footballer. One of the top male Italian stars of the 1950s and 1960s, he first became known for his association with the neorealist movement, and found success in several international productions. On stage, he was closely associated with the works of Arthur Miller. He played the role of Eddie Carbone in A View from the Bridge several times, including Sidney Lumet's 1962 film adaptation, for which he won the David di Donatello for Best Actor.
2002A federal grand jury in Houston, Texas indicts former Enron chief financial officer Andrew Fastow on 78 counts of wire fraud, money laundering, conspiracy and obstruction of justice related to the collapse of his ex-employer.[â ]
Houston is the most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat of Harris County, as well as the principal city of the Greater Houston metropolitan area, the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after DallasâFort Worth. With a population of 2,314,157 in 2023, Houston is the fourth-most populous city in the United States after New York City, Los Angeles, and Chicago, and the sixth-most populous city in North America. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle.
In 2002, the world population was approximately 6,337,730,342 people[â ]