Archive for ‘August, 2011’

On AT&T, U.S. Chooses Law Over Politics

On AT&T, U.S. Chooses Law Over Politics

If breadth of backers was the main criteria, AT&T’s $39 billion purchase of T-Mobile USA would have sailed through regulatory review. After all, who could oppose a deal supported by interest groups as varied as the Louisiana Ballooning Foundation and the Association of New Jersey Orchestras? But good corporate citizenry and lobbying expertise aren’t [...]

Economy Deeply Divides Fed

Economy Deeply Divides Fed

Federal Reserve officials are as deeply divided as they’ve been in decades about how to spur the flagging economy, records released Tuesday show, as they stake out positions on what, if any, action to take at their September meeting. WSJ’s Jon Hilsenrath reveals details of the [...]

Euro-Zone Data Ease Pressure on ECB

Euro-Zone Data Ease Pressure on ECB

LONDON—Euro-zone inflation was stable in August while the number of unemployed people in the currency area rose for a third consecutive month in July, reinforcing the view that the European Central Bank won’t need to raise interest rates for some time. Annual inflation was steady at 2.5% in August, above the ECB’s medium-term [...]

DOJ Sues to Block AT&T, T-Mobile Deal

DOJ Sues to Block AT&T, T-Mobile Deal

The Justice Department on Wednesday sued to block AT&T Inc.’s proposed $39 billion takeover of T-Mobile USA, saying the combination of the second- and fourth-largest U.S. cellphone companies would hurt competition and likely raise prices. AT&T defended the deal and said it will “vigorously contest this matter in court.” The antitrust challenge comes [...]

Jonathan Ross defends BBC salary

Jonathan Ross defends BBC salary

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Mobile internet use nearing 50%

Mobile internet use nearing 50%

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‘Anti-cancer virus’ shows promise

‘Anti-cancer virus’ shows promise

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Bank changes ‘may wait to 2015′

Bank changes ‘may wait to 2015′

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US tries to block $39bn AT&T deal

US tries to block $39bn AT&T deal

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Defiant Gaddafi son vows to fight

Defiant Gaddafi son vows to fight

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