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FCC approves satellite radio merger in 3-2 vote

Tate had insisted that the companies settle charges that they violated FCC rules before she would approve the deal. The companies agreed this week to pay $19.7 million to the U.S. Treasury for violations related to radio receivers and ground-based signal repeaters.

FCC Chairman Kevin Martin confirmed the final vote Friday night.

"I think it's going to be, in the end, a good thing for consumers and be in the public interest," Martin told The Associated Press. "Consumers will enjoy a variety of programming at reduced prices and more diversified programming choices."

Subscribers will not have to buy new radios to receive a mix of programming from both services, according to the companies. But if they want to pursue a special pay-per-channel a la carte option, they will need new sets. more

Autonomy Supports Blackberry(R) Pin-To-Pin and SMS Messaging for

Standard BlackBerry e-mail passes through a company's messaging servers, where it can be captured and monitored for compliance and information governance purposes. However, BlackBerry SMS text and Personal Identification Number (PIN) messaging typically bypass a company's messaging systems, making the communications completely private and unmanaged. These SMS and PIN messages can expose the company to data leaks and compliance risks.

Highly regulated industries such as financial institutions are challenged with capturing, storing, and retrieving these difficult formats, which are now common for mobile business communication. Autonomy technology is increasingly used by financial and government institutions for long-term management and eDiscovery of their BlackBerry communications. more

Allstate once again suspended in Florida

16 after Insurance Commissioner Kevin McCarty halted a hearing into its reinsurance program, relationships with risk modeling companies, insurance rating organizations and insurance trade associations. Allstate appealed the suspension to the courts, asserting the commissioner exceeded his authority. The court stayed the suspension until it could consider the issue, but lifted the stay, ruling on April 4 that the commissioner did not exceed his authority to suspend Allstate's licenses.

Allstate then released about 150,000 pages of documents related to a review of its claim practices in the 1990s on its Web site, though it said it still believes the documents contain trade secrets. The OIR has not commented on the documents.

. more

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Credit Cards Business Malls Jobs 0

The party is over and the hangover has kicked in. In economies all over the western world, corporate executives and the rising stars of finance are beginning to think that this downturn could be different. Unlike the dotcom bust, which briefly ...

Epicentres of new austerity - Financial Times

The ailing economy is rippling through the tech arena in the form of layoffs, cutbacks, and consolidation. Struggling electronics chain Circuit City announced that it has filed for chapter 11 bankruptcy protection , allowing it to hold off creditors ...

Business Tech - CNET News

• New York Jets vs. New England Patriots • New York Jets vs. New England Patriots • New York Jets vs. New England Patriots Gov. Jon Corzine today endorsed Hillary Clinton for secretary of state under President-elect Barack Obama and did nothing ...

Real-Time News - Newark Star-Ledger

Circuit City, the electronics retailer, whose red and white signs are a familiar part of shopping malls across America, filed for bankruptcy protection yesterday, admitting it was struggling topersuade suppliers to keep its stores in stock for ...

Circuit City files for bankruptcy protection - Financial Times

GURGAON, INDIA -- With her flowing, hot-pink Indian suit, jangling silver bangles and perky voice, Bhumika Chaturvedi, 24, doesn't fit the stereotype of a thuggish, heard-it-all-before debt collector. But lately, she has had no problem making U.S ...

India call centers hear U.S. pain - Los Angeles Times

It is an oft-repeated refrain in the 2008 election season that even while America remains torn between Senators Barack Obama and John McCain, the rest of the world has overwhelmingly chosen Obama. Poll after poll shows how the invasion of Iraq, the ...

McCain Wins Fans in India - Der Spiegel

BOSTON - The bailout bill passed by the U.S. Senate Wednesday is nearly the same Wall Street giveaway as its original, critics say -- except that it now includes 100 billion dollars more in tax giveaways and pet projects for lawmakers' home districts ...

'SWEETENED' BAILOUT - Common Dreams

Iowans applying for credit are finding less favorable terms than just a few months ago, as the national credit crunch trickles down to consumer loans. "Banks (are) making it more difficult for borrowers with less-than-perfect credit to get a loan and ...

Iowans face new hurdles in getting credit - Des Moines Register

Dubai may be the mall capital of the region, but its challenges are growing, as is the emirate's reliance on tourist numbers. In a matter of years, the corny coinage "Do-Buy" has become reality. Malls are mushrooming across the emirate, offering more ...

How much is enough? - Zawya.com

Earlier this year, we launched a new and innovative feature on BusinessWeek.com to prominently highlight the insights of our readers. Called In Your Face , it calls attention to the most substantive comments left on our site by our readers. Not only ...

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