Appeals Court Grants Stay On Rate Increase To Services
The U.S. Court of Appeals paused a planned rate rise for major wire services, delaying a 5 million dollar yearly increase pending FCC appeal review. The FCC had denied a three month delay, while AT&T’s hi lo pricing and Telpak system legality remain under contest.
MENTIONED IN THIS ARTICLE
Appeals Court
FCC
Wire Services
Newswire
American Telephone & Telegraph Co
At&t
Commission
U.S. Court of Appeals
Senate Defence Bill Cuts Contrast With Ford Request
The Senate approved a defense appropriation of 112.6 billion for the current year after cutting 8.3 billion from Ford’s request. The measure funds national defense for five months starting July 1 while phasing out most of the military commissary subsidy and seeking a compromise with the House. Kennedy pressed to dismantle the Grand Forks ABM facility but allowed radar to continue. In New York, municipal bonds rose on expectations of federal aid amid a volatile market for city and state instruments.
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Washington
Senate
Ford
House
Senate House
Grand Forks
N.C
Pentagon
Armed Services Committee
Edward M. Kennedy
Forks
Kennedy
Arctic
New York
New York City
New York State
Municipal Assistance Corp
Paine Abber, Jackson & Curtis Inc
N.Y
State Housing Finance Authority
Moddy
Paine Webber
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Associated Press
United Press International
Reuters Ltd
Commodity News Service Inc
American Newspaper Publishers Association
Riverside Hardware
Riverside Shopping Center
Nyc
Kenmore
Sears
Ber