Phone-Cable Ad War Heats Up As Congress Debates TV Access
A lobbying and public relations battle pits AT&T backed interests against cable providers over allowing phone companies to offer television service. Advertisers claim 96 percent choice limitation, while analysts note satellite TV as a major alternative and that per-channel prices have shifted with inflation.
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Washington
At& Inc
Congress
Tv4 As
At&t
Tia
The
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POC
Stanford Washington Research Group
Origas
Succession Struggles Challenge California Family Farms
Greg Sohnrey continues a 90 year family farming line in Butte County as succession gaps widen. Only about 30 percent of U.S. barns pass to a second generation and under 10 percent reach a third, says Chico planner Kevin Spafford. His guide Legacy by Design urges planning, detailing estate and succession strategies amid pressure from markets and developers.
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Wwalebby Forties
Marketplace Books
Bear Stearns Fined 250 Million for Mutual Fund Trading
Bear Stearns, the third broker in as many weeks to report strong first quarter earnings, faces a 250 million settlement from the NYSE and SEC for aiding hedge funds and customers in trading mutual fund shares. The firm will relinquish 160 million in profits plus interest, with the rest to be returned to investors. Bear Stearns shares dipped after details emerged.
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Scripps acquires UK online shopping firm uSwitch
E W Scripps Co expands its online comparison shopping push by buying the United Kingdom firm uSwitch for 368 million dollars. Founded in 2000, uSwitch helps consumers compare gas electricity home phone and other services with price calculators and switch via the site. Revenue mainly from commissions from providers.
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Cincinnati
E.W. Scripps Co
United Kingdon Company
aSwitch.com
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Iire
Inflation eases as gasoline prices pull down costs
Inflation slowed in February with the Consumer Price Index up 0.1 percent. Energy prices fell 1.2 percent led by a 1 percent drop in gasoline while food costs rose modestly, keeping core inflation at 0.2 percent and 12 month core inflation around 2.2 percent. Analysts say contained inflation could ease Federal Reserve rate hikes and support modest growth.
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