Phone merger would reshape telecom giant and draw antitrust scrutiny
A potential 50 billion merger between AT&T and SBC Communications could form a global telecom behemoth, controlling about 60 percent of U.S. long distance and 25 percent of local service, while drawing fierce regulatory and antitrust opposition. Analysts doubt approval is likely amid concerns over competition and market dominance.
MENTIONED IN THIS ARTICLE
At&t Corp
SBC Communications Inc
United States
At&t
SBC Communications
Southwestern Bell
Pacific Telesis Group
Wall Street Journal
Baby Bells
U.S
SBC
Pacific Telesis
Texas
Dwight Allen
Washington, D.C
Merrill Lynch
Hank Levine
Oklahoma
Justice Department
Federal Communications Commission
RCA Publications
Dallas
New Nissan Subaru dealer arrives in Lawrence community
Dale Martens takes charge of Jim Ellena Nissan and Subaru at 2112 W 29th Ter returning to his Lawrence roots with Ann Quinlan. He aims to cut bureaucracy and focus on local customer service while employing about 28 staff across four acres, stocking 150 new and 200 used vehicles plus a full service shop.
MENTIONED IN THIS ARTICLE
Lawrence
Dale Martens
Jim Ellena
Nissan
Subaru
Dodge
Lee Summit
Martens
Ann Quinlan
Quinlan
Kansas City
Ellena
Joel Ellena
Autoplex
Martens Nissan
Ter
Bob Frye
Chrysler
Warsaw
Jeff
Lansing
Dale Martens Nissan
Mike Yoder
Journal-World Photo
Durable goods orders jump renews rate hike debate
U S factory orders for durable goods rose 1.4 percent to 175.6 billion in April, the third advance in four months. The report, seen with mixed signals on inflation and growth, suggests continued strong activity and keeps open the possibility of further Federal Reserve rate increases. Economists note the March decline was revised but remains negative, while overall momentum points upward in the manufacturing sector.
MENTIONED IN THIS ARTICLE
U.S
Stephen S. Roach
Morgan Stanley & Co
New York
Commerce Department
Department
Federal Reserve
Local Market Quotes and Slaughter Cattle Report
Local markets show Midland and North Elevators posting wheat at 4.12, corn 2.66, milo 4.28, soybeans 8.42, while South Elevator lists wheat 4.12, corn 2.66, milo 4.28, soybeans 8.42 with St Joseph Missouri quotations. Estimated Wednesday slaughter cattle receipts 300. Buyer notes indicate scarce slaughter steers and heifers, cows and bulls lower, hogs down modestly from Tuesday with various weight ranges priced, plus Kansas feedlot activity noted.
MENTIONED IN THIS ARTICLE
Farmer's Cooperative Assny
Milo
St. Joseph
Trade slow and cattle market updates caution buyers
Cattle sales show slow trade with few sales steady and moderate inquiry. Week to date confirms 10 800 head with 5 600 previously contracted cattle. Slaughter steers 66.00 per 66 66.00 1175 lb range. Slaughter heifers 66.00 per 66 66.00 1000 1050 lb. New York spot nonferrous prices list aluminum copper lead zinc tin and precious metals with mixed quotes.
MENTIONED IN THIS ARTICLE
Landon
U.S
Handy & Harman
N.Y
Also Mentioned on This Page
Journal -World Business News Desk
Rygh
Jjworld.com
Henry
Leavenworth
Tom
Tony
Tony Martens Dodge
Pratt
Hank
Chevrolet
THE
Associated Press
St. Joseph Livestock
Dodge City Livestock Dancerry
Kansas
Org
Fred Frese
Eka
Marine Corps
American Graduate School of International Management
Phoenix
Ohio University
Kent State
Ohio Universities
Ashland Theological Seminary
Dr. Frese
Western Reserve Psychiatric Hospital
Ohio
Case Western Reserve University
Summit County
Mental Health Task Force
Menninger Ar
Menninger
Lawrence Report
Edt Winnear
Kevin Lawrence
Sunflower Cablevision
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