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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Mar 06, 2007

Page

5

Dow ends lower after seesaw Wall Street session

Dow Jones fell 63.69 points to 12050.41 as markets fluctuated amid subprime loan losses and a rising yen. S&P 500 dropped 13.05 to 1374.12 and Nasdaq slid 27.32 to 2340.68 while oil finished at 60.07 and gold kept declining.

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Broadcasters to pay $12.5 million in payola settlement

Four major broadcasters will pay the government 12.5 million and provide 8,400 half hour segments of free air time for independent labels and local artists. The agreement targets payola practices and includes rules for interactions between label representatives and radio programmers as part of the consent decree.

Washington Associated Press Federal Communications Commission FCC Clear Channel Communications Inc CBS Radio Entercom Communications Corp Citadel Broadcasting Corp American Association of Independent Music

Also Mentioned on This Page

Dow Jones Industrials Dany Dow Jones Government Dennis Thompson Mare Marco West Virginia War, Welch, Saeger, Northfork Gary, Davy, Anawalt, Keystone, Kimball, Bradshaw McDowell County Jetbroadband.com The Bluefield Daily Telegraph Chambers of Commerce
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