Airlines ride demand rebound despite security scare
Investors expect a steadying economy to drive airline stocks after a failed Christmas Day attack on Northwest Flight 253 and a Sunday incident aboard the same flight. Analysts say rising passenger volume and higher ticket prices support a recovery, with Wall Street focusing on fundamentals rather than threats.
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Northwest
Roger King
CreditLights
New York
King
Wall Street
Detroit
Wireless spectrum crunch pushes push for more airwaves
Wireless firms led by CTIA seek an extra 800 megahertz of airwaves over six years to avert network congestion as iPhone like devices drive data use. Critics including TV broadcasters and federal agencies push back while Rep. Boucher champions a federal spectrum inventory to identify and reallocate idle bands. The FCC gears up to expand commercial frequencies from a 50 megahertz pipeline.
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Washington, D.C
Apple
Christopher Guttman-McCabe
Ctia-The Wireless Association
Pentagon
Washington
Rick Boucher
D-Va
Boucher
House Commerce
Communications
CTIA
Federal Communications Commission
Missionary believed detained after illegal North Korea entry
An American missionary, 28 year old Robert Park, likely arrested soon after slipping across the frozen Tumen River from China on Christmas Day to spotlight North Korea’s human rights record. No word from him. analysts say Pyongyang would likely expel him rather than use him as leverage.
MENTIONED IN THIS ARTICLE
U.S
Robert Park
Tumen River
North Korea
China
Seoul
South Korea
Tumen
Park
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