Texas Instruments Back in the Lead? And More Beef

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U.S. Business

The

Chicago Tribune

reports on the continuing battle between ad agency holding companies

True North Communications

(TNO)

and Paris-based

Publicis SA

.

Heady days are here for

BankBoston

. According to

The Boston Globe

,

BankBoston

shares continued their incredible rise to the once unthinkable $100 plateau and finished yesterday at a high of 94.

The Dallas Morning News

reports that

Texas Instruments

(TXN) - Get Report

announced a breakthrough in semiconducter manufacturing technology. The company, which has seen stock prices drop lately, says its product will leapfrog major recent developments from its rivals.

MCI

(MCIC)

will halt its flat-fee service for over 25,000 California customers after January 1st. The

San Francisco Chronicle

reports that

MCI

never advertised its flat-rate as a limited-time promotion and many customers feel betrayed.

Business Abroad

Where's the beef? Or, better yet, where's the beef coming from? That's what angry British farmers want to know, according to the

Times of London

. Angered by the prospect of cheap beef imports, farmers blocked ports of trade and were issued a warning by the European Union.

Financial Times

writer Gerard Baker takes a closer look at the US role in the international bail-out of Korea and the problems that might ensue.

Disaster looms for Chinese banks if the flow of funds for economic growth is not increased. The

Far Eastern Economic Review

(free registration required -- click

here

to register) reports on how China is urgently trying to convert its insolvent banks.