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The Gaston Gazette in Gastonia, North Carolina

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Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

May 07, 2002

Page

11

Satellite TV merger push draws North Carolina officials

Proponents from Echostar and DirecTV urged support for a nationwide merger in Raleigh meetings with congressional staff and state officials. Opponents, led by the National Rural Telecommunications Cooperative, warned a monopoly could raise prices and limit channels for rural customers. Supporters argued the deal would boost rural broadband and make local channels more available, while regulators monitor potential impacts in North Carolina.

Raleigh North Carolina Echostar Dish Network Directv Marc Lumpkin Adam Schwartz National Rural Telecommunications Cooperative Schwartz National Rural Telecommunications Cooperative Lumpkin United States Noelle Taylor N.C

Andersen on trial for shredding Enron documents

In Houston, Arthur Andersen LLP goes on trial for alleged obstruction of justice over shredding Enron related documents. Sixteen jurors hear opening statements after a daylong voir dire. Key witnesses include Nancy Temple and Sharon Thibault with the trial expected to last several weeks.

Arthur Andersen Enron Houston Arthur Andersen LLP Enron Corp Andersen Rusty Hardin U.S Matt Friedrich The Melinda Harmon Friedrich David Duncan Duncan Securities and Exchange Commission Hardin Nancy Temple Chicago Temple Congress Car Harmon

Enron memo details California power price manipulation

Federal energy regulators released a confidential Enron memo from December 2000 describing tactics to raise California power prices. The document cites strategies named Death Star and ricochet, where transactions moved energy to relieve congestion or rerouted power to dodge price caps. Officials call it smoking gun evidence of market manipulation.

Washington Enron California Sean Gallagher California Public Utilities Commission Steve Mavighio Gray Davis Federal Energy Ulators Dianne Feinstein Dcalif Justice Department

Lawsuit shows winding down as Contract Knits seeks relief

The suit against Southeastern and Horton continues unresolved issues from failed equipment resale. Jana’s account ties Contract Knits to founder Aniel Jana with bankruptcy crippling the business, while Fruit of the Loom was its main former customer. Both sides drop claims, pay their own fees, and the judge calls the settlement realistic.

Southeastern Horton Beaver United States Jana Aniel Jana Calloway Superior Court Jesse Caldwell Nancy Moore

Waccamaw Factory Shoppes eye future amid sale and rumors

In Myrtle Beach, the Waccamaw Factory Shoppes, former 125-store mall, faces a new owner American International Life Insurance Group following a December 46 million loan loan defaulted and foreclosures. Potential uses include theme park plans, with area officials noting tourism season limits and observers weighing land value against redevelopment.

Myrtle Beach S.C South Carolina Grand Strand American International Life Insurance Co. Group Inc Horry County Planning Commission Outlet Park Rpfiv Associates LLC Mall 3 Total Catalog Liquidation Mall Richard Nolan Syracuse N.Y Richard Clodfelter University of South Carolina Clodfelter Don Alford Holiday Inn West Gerry Soud Paramount Theme Parks Soud Paramount Chris Cox Goldman, Sachs & Co New York Six Flags Horry County North Carolina Raleigh Charlotte Burroughs & Chapin Co. Inc Myrtle Beach Pavilion Pat Dowling

Also Mentioned on This Page

Mark Blaskin Association For Competitive Technology ACT Blaskin Microsoft Ebay Birkenstock Morgans Arizona Greene Funeral Service Family Owned le Ann Honolulu British Airways Aa-American Al-Alaska Ba-British Always Co-Continental Dl-Delta Ew-Eastwind Ff-Tower Air Fl-Airtran F9-Frontier Ha-Hawaiian Arica West Ib-Iberia Jl-Midway Nj-Vanguard Nw- 1 Nz-National On-Noouthwast Sa-Sun Country Air Trans World Air T27 Wren Air Ua-United Us-Us Airways Va-Vanguard Airlines Burton Fills Family Hair Center Gaston County Barber & Beauty Imp E. Ozark Gastonia
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