FCC plan to cut long distance access charges sparks battle
Washington AP reports the FCC weighs reforms to about 23 billion dollars in local access fees tied to long distance calls. Options split between eroding fees via competition or imposing phased cuts, with a possible combination. AT&T MCI and Sprint urge reductions while BellSouth and US Telecom caution on subsidies and costs. If fees fall long distance bills could drop, but local firms fear revenue gaps and higher rates absent offset mechanisms. The plan could also affect information services like AOL and Prodigy.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
FCC
Commission
At&t
MCI
Sprint
Robert Blau
BellSouth
Alent
Mary McDermott
United States Telephone Association
Bell Telephone
McDermott
Wathen potato farm foreclosed in Maine auction
PRESQUE ISLE Maine AP Four generations of the Wathen family farm in Aroostook County near the Canadian border ended in a two hour foreclosure auction. The 1482 acre property sold in pieces for nearly 719000 to other potato farmers as Maine faces declining production and farm closures. The sale signals anxiety among local growers as prices stay low and competition from western states and Canada rises.
MENTIONED IN THIS ARTICLE
Maine
Wathen
Fort Fairfield
Presque Isle
Wathers
Aroostook
Glendon Wathen
Laurie Cothran
United States
Mike Corey
Maine Potato Board
Washington
Wisconsin
Idaho
Colorado
Metal Prices New York and Spot Nonferrous Metals
AP reports closing prices on the Comex and Merc metals markets yesterday. Gold traded at 358.40 per troy ounce, silver at 4.812 per troy ounce, copper at 109.90 cents per pound, lead at 50 cents per pound, tin at 3.8954 per pound, with platinum at 375.00 per ounce and palladium at 117.25 per ounce. Mercury stood at 245.00 per 76‑pound flask.
MENTIONED IN THIS ARTICLE
New York
Comex
McDonald’s Deluxe Salads Expand to Mass Market
McDonald’s introduces a Deluxe salad line with romaine radicchio and iceberg mix, topped with shredded carrots, and a grilled chicken salad as the sole entree. Some stores stock new greens in old containers at old prices around $4.35, while new packaging awaits a price. Dressing lineup shifts to Caesar fat free herb vinaigrette ranch and reduced calorie French as Arch Deluxe sales lag.
MENTIONED IN THIS ARTICLE
McDonald’s
Thousand Island
McDonald's
Study finds online advertising boom in 1996
The Internet Advertising Bureau reports Internet ad spending rose to 157 million dollars in the first nine months of 1996, with an estimated 22 million dollars more spent each quarter. SAB officials comment on rapid growth as Fall Internet World 96 showcases the trend.
MENTIONED IN THIS ARTICLE
New York
Internet Advertising Bureau
SAB
Jacob Javits
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America Online
Prodigy
Pacific Telesis
Canada
Oni
Riverside ST
Uae
Olsien
Deere
Wee Rurpig
DuPont
ISA Seapets S
Texaco
N. Bay GenEles
UsWest
Bae
Hannons
Heinz Wwe
Fis
Midas
GS WalMart
Hilton & Dik
Buy Dumarican Whs
Mutual
Dre Fidel Purian
Mass
NA Paes Tacos Ie
Templeton
Growth
Templeton-World
a@nguard
Sy,mer
Waren
Bureau of Labor Statistics
Chicago
McDonald’s Corp
Andrew Selvaggio
Pump Room
Oak Brook
Ill
U.S
Patrick Schumann
Edward Jones
St. Louis
KAT Infographics
Rich LeFurey
Coopers & Lybrand
Media and Entertainment Group