Suit filed to block AT&T acquisition of T-Mobile
The Justice Department sues to stop AT&T's 39 billion cash and stock deal to buy T-Mobile USA citing reduced competition and higher consumer prices. The action aims to keep mobile wireless markets competitive as Verizon Wireless remains a leading carrier and Sprint Nextel trails. Deutsche Telekom declined comment.
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T-Mobile USA
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At&t
James Cole
United States
Cole
Verizon
T-Mobile
Sprint
Sharif Poten
Chief of Justice
Antitrust
Deutsche Telekom
Verizon Wireless
Sprint Nextel Corp
U.S. District Court
Netflix price hike could boost Redbox DVD rentals
Netflix raises rates by as much as 60 percent affecting about 25 million subscribers. The higher prices may push consumers to rent DVDs at Redbox kiosks, with Redbox highlighting value and convenience as it eyes accelerated traffic from Netflix’s price increase.
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San Francisco
Netflix
Redbox
U.S
Gary Cohen
Netflix Inc
Blockbuster
Wedbush Securities
Michael Pachter
Netflix raises prices for DVD and streaming plans
Millions of Netflix subscribers face higher rates starting today as the service charges more for DVD mail rentals and Internet streaming. New price tiers include DVD only at 8, 12, or 16 dollars monthly, a combined plan at 16 dollars, and streaming only at 8 dollars, with many customers likely to cancel or switch to rivals like Redbox.
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Think tank finds 25 firms paid more to CEOs than taxes
A Institute for Policy Studies report shows 25 of the 100 largest U S corporations paid their CEOs about 16.7 million on average, while they collected average tax refunds of 304 million. Firms cited include International Paper Prudential GE Verizon Bank of New York Mellon Boeing Marsh McLennan Stanley Black & Decker Chesapeake Energy and eBay.
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U.S
Institute For Policy Studies
Pub
Lic
Institute
Washington
International Paper Co
Prudential Financial Inc
General Electric Co
Verizon Communica
Tions Inc
Bank of New York Mellon Corp
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Marsh & McLennan Cos
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eBay Inc
Broc Romanek
Compensation- Standards.com
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