CHICAGO–(BUSINESS WIRE)– Fitch Ratings believes the national broadband plan that the Federal Communications Commission (FCC) is expected to deliver to Congress in March will likely lead to new proceedings that could ultimately resolve key issues related to Universal Service Funding (USF) reform and wireless spectrum inventory. According to its recently released ‘Biannual Telecommunications Regulatory Register’, [...]
Posts Tagged ‘us’
Ford Survival Plea to US Government
FORD CEO ALAN MULALLY TESTIFIES ON CAPITOL HILL
Ford President and CEO Alan Mulally testified before the Senate Committee on Banking, Housing and Urban Affairs. Mr. Mulally’s complete written testimony is available at: http://media.ford.com. The following statement was prepared for delivery:
WASHINGTON, D.C., Dec. 4 – “Mr. Chairman, Senator Shelby, and members of the Committee. Since the [...]
President-elect Barack Obama’s Statement on USA Job Loss
The 533,000 jobs lost last month, the worst job loss in 34 years, is more than a dramatic reflection of the growing economic crisis we face. Each of those lost jobs represents a personal crisis for a family somewhere in America. Our economy has already lost nearly 2 million jobs during this recession, which is [...]
George Bush Economy Statement
President Bush Discusses Economy
Rose Garden
THE PRESIDENT: Good morning. I thank Treasury Secretary Hank Paulson, Federal Reserve Chairman Ben Bernanke, and SEC Chairman Chris Cox for joining me today.
This is a pivotal moment for America’s economy. Problems that originated in the credit markets — and first showed up in the area of subprime [...]
US Federal Bank leaves rates unchanged
The central bank disappoints investors – who had hoped it would buffer finance woes with another rate cut – but the market rallies on the news anyway.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: September 16, 2008: 4:54 PM EDT
NEW YORK (CNNMoney.com) — The Federal Reserve left its fed funds rate at 2% Tuesday despite increased [...]
Freddie Mac and Fannie Mae US Federal Government Bail-Out
US takes the inevitable action over key mortgage firms in an effort to stabilise banking sector.
Fannie Mae and Freddie Mac are central to the US housing market
US financial officials have outlined plans for the government to take over the failing mortgage giants Freddie Mac and Fannie Mae.
The two companies account for nearly half [...]
HBOS – Credit crunch ‘to last into 2010′
Like many UK banks, HBOS has been hit hard by the credit crisis
The credit crunch is likely to last well into 2010, the head of the UK’s largest mortgage provider has warned.
HBOS chief Andy Hornby told the BBC it would take 18 months before US house prices started to rise again.
That was needed [...]
24 Plus News – American Troops Charged Excess Baggage Fees
From Deborah Feyerick
CNN
(CNN) — Some airlines are charging U.S. soldiers extra baggage fees to take their military kits with them as they set off for war.
Some U.S. airlines give military personnel a break on baggage fees, but others levy surcharges.
Military personnel carry large, heavy kit bags containing boots, clothing and gear. In the [...]