FCC finds Time Warner violated rules by dropping ABC signals
The FCC ruled Time Warner breached laws by dropping ABC stations from some cable systems during sweeps period ending May 24. ABC, Disney, and Time Warner set a July 15 deadline to resolve compensation, while ABC offered rebates for satellite switch to affected customers.
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Treasury sets regular buyback schedule for national debt
The Treasury, flush with revenue from a strong economy, will conduct regular debt buybacks through July, with operations in the third and fourth weeks monthly and the next on May 18. Since March four buybacks totaling about 7 billion dollars have occurred, funded by premiums to cash in 30 year notes.
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Treasury
National Press Club
Lawrence Summers
Congress
Summers
Gary Gensler
Gensler
Missing hydrogen found in intergalactic space by Hubble
Astronomers report the discovery of ten drils of hydrogen between galaxies, suggesting the universe's missing baryonic matter is hidden in a dark form. Using the Hubble Space Telescope, researchers link the finding to cosmological models and publish in the Astrophysical Journal Letters.
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NASA
Hubble Space
Todd Tripp
Princeton University
Tripp
Astrophysical Journal Letters
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