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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 01, 2011

Page

9

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.

Justice Department T-Mobile USA Washington 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.

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.

Think Tank IRS 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 Boeing Co Marsh & McLennan Cos Stanley Black & Decker Inc Chesapeake Energy Corp eBay Inc Broc Romanek Compensation- Standards.com

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Joelle Tessler Tinyurl.com the Market IN Review Dow Jones Dow Industrials Dow Transportation Dow Utilities NYSE S&p Wilshire Russell Opportunity Michael Liedtke Pachter
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