The great interest rate rip off part 1

[interestrateripoff]

Government moves to take control of Allied Irish

 

 

Nick Clark: Allied Irish Bank is set to fall into the hands of the Irish taxpayer, after a court passed the government's move to bail out the teetering group with a further €3.7bn (£3.1bn).

 

 

• Last-minute rush boosts Christmas sales new
  
• 'Technical error' leads to Halifax bank payment delay
  
• Santander sends statements out to wrong addresses
  
• UK economy slides as cuts bite into service sector and mortgage loans fall
  
• The Business On... Tom Albanese, Chief executive, Rio Tinto
  
• Capita in £128.5m spending spree
  
• Business Diary: Falcone faces a pork chopping
  

 

Stephen Foley: Macy's is heaving but the US still has a long slog to recovery

 

 

US Outlook Tis the season for retailers to be jolly. American shoppers, whose maxed-out credit cards drove the last global economic boom, are back – and in a big way. Store managers can hardly believe the numbers. Last Saturday, the last Saturday before Christmas, sales were running a full 15 per cent ahead of the same day last year, according to some surveys. The signs were that yesterday was going to be a mob scene. Shopping malls are packed. Here in Manhattan, you can barely get through the door at Macy's, the world's largest department store. Then you have online sales, too, with cyber-shopping running double-digit percentages higher than 2009. Economists are jacking up their forecasts for fourth-quarter US GDP growth, such has been the great spending spree.

 

 

• Stephen Foley: Franken fumes over net neutrality rules
  
• Stephen Foley: The auditor's charged, now for the execs?
  
• James Moore: The failure's the same on the trains, the buses and the planes
  
• James Moore: Bumper boardroom pay is bad for business
  
• David Prosser: Now it's time to stamp out corruption and bribery for good
  

 

The Year in Review: The euro

 

Will the big dream survive the contagion?

 

• The business heroes and villains of 2010
  
• The Year in Review: The economy
  
• Nick Bolton: Perpetual motion for OMG chief
  
• Gold bugs see no end to rise in price
  
• Broadcasters lick lips as product placement lands
  

[interestrateripoff]

Merry Christmas to anyone reading

[interestrateripoff]

FTSE closes above 6,000 at 30-month high

 

LONDON (Reuters) - The top shares closed above the 6,000 level for the first time since June 2008 on Friday, as UK equities looked set for their strongest December performance since 1987.

Continue Reading

 

 

 

JJB taps Bill Gates, others, to stay afloat

 

LONDON (Reuters) - Struggling sportswear retailer JJB Sports said investors including Bill Gates, the United States' richest man, have backed a 31.5 million pounds fundraising to keep the firm alive.

12:13pm GMT

 

Shopper numbers down 11 percent Monday to Wednesday - survey

 

LONDON (Reuters) - Shopper numbers fell 11 percent year-on-year from Monday to Wednesday, with the new wave of snow having a major impact, a survey said on Friday. Experian FootFall said shopper numbers did, however, increase by 25 percent week-on-week.

UK 1:23pm GMT

 

Japan meets budget targets but faces hurdles

 

TOKYO (Reuters) - Japan's government has managed to meet caps on spending and new bond issuance in compiling a budget for the year from next April, the finance minister said on Friday, as the government struggles to mend tattered public finances.

9:41am GMT

 

China trade minister sees chronic euro debt issue

 

BEIJING (Reuters) - There are no quick fixes for Europe's debt crisis and China must be on its guard in case the problem escalates, especially in January and February, China's Commerce Minister Chen Deming said on Friday.

5:19am GMT

 

Heijmans sells UK unit for €45 million to cut debt

 

AMSTERDAM (Reuters) - Dutch builder Heijmans has sold its British unit Leadbitter for 45 million euros (38 million pounds) to cut debt and as it focuses on its domestic market following debt problems.

7:59am GMT

 

Riversdale agrees $3.9 billion Rio bid

 

SYDNEY (Reuters) - Anglo-Australian miner Rio Tinto offered $3.9 billion (£2.5 billion) to buy African-focussed coal miner Riversdale in an agreed deal that is likely to be challenged by rivals seeking to secure coking coal reserves. | Video

7:53am GMT

 

Constellation Brands to sell Aussie, UK wine ops

 

NEW YORK/MELBOURNE (Reuters) - Constellation Brands Inc , the world's No. 1 winemaker, will sell most of its operations in Australia, Britain and South Africa to focus on its most profitable brands and shore up its balance sheet.

2:15am GMT

 

Toyota settles suit over California crash

 

LOS ANGELES (Reuters) - Toyota has agreed to pay $10 million (6.5 million pounds) to settle legal claims from the family of a California state trooper and three relatives whose fatal car wreck helped spark the automaker's wide-ranging safety recall, lawyers said on Thursday.

23 Dec 2010

 

Kraft - Starbucks hearing may take place in January

 

NEW YORK (Reuters) - Kraft Foods Inc said on Thursday a federal judge may hear its request next month for an injunction to stop Starbucks Corp from taking grocery distribution of its own packaged coffee away from Kraft.

[interestrateripoff]

24 December 2010 Last updated at 14:20

 

FTSE at best close since mid-2008 New

 

A late festive rally sees the FTSE 100 index close above 6,000 points for the first time since June 2008.

 

• Private sector growth key to UK
  
• November's markets
  

 

Shops opening 'to beat VAT rise'

 

The forthcoming rise in VAT may encourage more shops to open their doors on Boxing Day, an industry body suggests.

 

• How the VAT rise will work
  

 

 

JJB announces £31.5m fundraising

 

JJB Sports announces plans to raise £31.5m, weeks after warning it was likely to breach the terms of a key banking agreement.

 

 

 

• Toyota pays $10m for fatal crash
   
  Toyota has paid $10m to a family of four killed in runaway Lexus car, a case that led to the recall of millions of Toyota vehicles.
  
• Pay delay for Halifax customers
   
  A technical problem delays transactions for Halifax bank customers, including those waiting for wages to enter their account.
  
• Japan agrees record draft budget
   
  Japan approves a record 92.4 trillion yen of spending for the next financial year as it grapples with its battered finances.
  
• Ivory Coast tension to hit miner
  
• Airlines 'ignoring travel rights'
  
• Indian group mulls Riversdale bid
  
• Santander admits statement glitch
  
• Christmas jobs pain for thousands
  
• Christmas rail services reduced
  
• China limits new cars in Beijing
  
• US consumer spending rises again
  
• Standard Life China talks finish
  
• Hungary credit rating downgraded
  

 

Memory Lane

 

But is it back to the 1930s or the 1970s?

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[/url]

 

 

Santa rally gets second wind, breaks back through 6,000

 

The FTSE 100 broke back through 6,000 to close at a 30-month high on Christmas Eve - on course for the strongest run in December since 1987.

The UK's number one fund manager in 2010: Mark Slater

 

 

The best performing UK funds of 2010

 

 

 

 

China fears 'chronic' eurozone debt crisis

 

China has warned that Europe may struggle to recover from its “chronic” debt crisis despite offering to help support the area through an escalation of the problems next year.

 

Record spike in EMU default risk

 

The cost of default insurance on eurozone bonds has surged to an all-time high on reports that Greece is preparing the way for a sovereign debt restructuring after 2013, with tacit support from the EU authorities.

 

Gillette ends Tiger Woods sponsorship deal

 

Gillette will not renew its endorsement contract with golfer Tiger Woods when it ends on December 31, a company spokesman confirmed on Thursday.

 

Cricket lovers buy Wisden Cricketer

 

BSkyB, The Wisden Cricketer magazine's owner, has pulled up stumps on the game's bestselling manual by selling the publication to a team of high-profile cricket lovers.

 

AIB 'under state control' after €3.7bn bail-out

 

 

 

 

NatEx comes in from the political cold

 

 

 

 

Services sector activity falls as austerity measures bite

 

 

 

 

Rival bidders circle as Rio offers £2.5bn for Riversdale

 

 

 

 

JJB in £30m cash call as chairman John Clare also goes

 

 

Oil pushes closer to $100 as cold snap stokes demand

 

Oil prices rose closer to $100 a barrel as cold weather in Europe fuelled demand, depleted supplies and stoked inflationary worries.

[interestrateripoff]

Jewelry Sellers Thrive on Last-Minute Men

 

By STEPHANIE CLIFFORD

 

 

Spending on jewelry accounts for a sales spike during what retailers call “desperation week.”

 

• Online Sales Rose 15% This Holiday, Beating In-Store Growth, Report Says
  

 

 

 

Tina Fineberg for The New York Times

 

Edgar Cho is helped by Caitlin Ruffin, a saleswoman at the Alexis Bittar store on Broome Street in SoHo.

 

 

 

 

 

 

Experts Citing Rising Hopes for Recovery in Coming Year

 

By SEWELL CHAN

 

The tax-cut compromise, rising corporate profits and an increase in consumer spending are some of the reasons for optimism.

 

Tax Inquiry Shifts to Small Swiss Banks

 

By LYNNLEY BROWNING

 

Under investigation are regional banks suspected of helping Americans evade taxes despite a crackdown.

 

New Interest in Turning Gas to Diesel

 

By MATTHEW L. WALD

 

With natural gas getting cheaper, a bit of alchemy may be the cheapest way to create a gallon of diesel fuel.

 

• E.P.A. to Proceed on Rules for Greenhouse Gases 2:13 PM ET
  

 

Accounting Board Puts Interim Head in Lead Spot

 

By FLOYD NORRIS

 

Leslie F. Seidman, a former auditor who has been the acting leader, became chairwoman of the Financial Accounting Standards Board.

 

Home Sales Struggled Again in November

 

By CHRISTINE HAUSER

 

Homes sales rose a little but are still at record lows. While the number of people seeking jobless benefits for the first time fell for the week, little effect was expected.

 

• Wall Street Steady Ahead of the Holiday
  

 

Ireland Puts Another $4.8 Billion Into Allied Irish Banks

 

By LIZ ALDERMAN

 

The latest injection of money means that the government is on course to own nearly 93 percent of the bank.

 

Media Decoder Blog

 

F.C.C. Head Expected to Approve Comcast-NBC Deal

 

By BRIAN STELTER

 

The Federal Communications Commission chairman signaled his tentative approval to Comcast's acquisition of NBC Universal, though with conditions.

[interestrateripoff]

http://www.xe.com/news/2010/12/24/1605105.htm?utm_source=RSS&utm_medium=TL&utm_content=NOGEO&utm_campaign=News_RSS_Art3

 

Tax revenues are seen rising to about 41 trillion yen, falling short of new debt issuance despite an increase of about 4 trillion yen compared with this year's initial budget figure as the economy recovered from a deep recession.

 

To balance the 2011/12 budget, the cash-strapped government is expected to scrape together about 7 trillion yen of non-tax revenues, the bulk of it by raiding cash reserves from special accounts and administrative agencies.

 

Government officials say non-tax revenues are only a near-term solution and it will be even harder to compile budgets from next year onwards without raising the sales tax or making deep spending cuts to tackle rising welfare costs due to fast-ageing society.

 

The government says it will seek to implement comprehensive tax reform -- coded wording for a sales tax hike -- in fiscal 2012/13, but it could face stiff resistance from ruling party lawmakers wary of alienating voters.

 

http://uk.news.yahoo.com/22/20101224/tbs-uk-japan-economy-budget-factbox-4210405.html

 

WELFARE SPENDING: 28.7 TRLN YEN

 

The government plans to spend a record 28.7 trillion yen on welfare, up 5.3 percent from the previous year due to the ageing population and its pledge to pay allowances to families with children as a step to counter falling birthrates.

 

As pension payments steadily increase, the government needed to come up with emergency funding of 2.5 trillion yen to continue shouldering 50 percent of the payments and dipped into reserves in special accounts, which it calls "non-tax revenues."

 

But the reserves become applicable only if the government is able to pass related bills in the parliament next year and this may prove tough as opposition parties are likely to try to block their passage.

 

The savings in special accounts are also drying up, putting more pressure on the government to seek a hike in the 5 percent consumption tax as the society ages, but it fears proposing such a rise would alienate voters.

 

....

 

DEBT SERVICING COSTS

 

Interest payments and retiring debt would cost 21.5 trillion yen in the next fiscal year, or 23.3 percent of the overall budget, a 4.4 percent increase from the previous year.

 

Japanese yields are low when compared with the United States and Europe, but they have been rising recently and this could affect next fiscal year's debt servicing costs, according to Finance Minister Yoshihiko Noda.

 

So 23% of govt spending is on servicing debt and thus providing zero services to the public, and if borrowing costs increase Japan is going to be toast. Default looming?

[interestrateripoff]

Britain at risk of power cuts

 

Electricity network companies are putting customers at an “unacceptable” risk of power cuts as they try to maintain Britain’s ageing pylons and wires, according to Ofgem.

Top 10 energy stories of 2010

 

 

 

 

Retailers fearful despite strong Boxing Day

 

Britain’s high streets saw the biggest shopping day ever yesterday but the prognosis from the country’s shopkeepers is anything but positive heading into 2011.

Boxing Day sales: online shopping sets record

 

 

 

China interest rate rise to hit miners, metals

 

Commodities and mining shares are expected to come under pressure, after China attempted to curb inflation by raising interest rates over the Christmas weekend.

 

Lehman 'prophet' fears second US crisis

 

America is storing up a second financial crisis by keeping interest rates at record low levels, according to David Einhorn, the hedge fund manager who first publicly warned about the catastrophe facing Lehman Brothers.

Goldman's Jim O'Neill bets on the US

 

 

 

'I'll resign if we don't fix Heathrow problems'

 

BAA chairman Sir Nigel Rudd has committed to accept all the recommendations of the inquiry into the snow chaos at the airport, saying that if the Spanish owners do not back him, he will be forced to resign.

 

UK jobs market 'under real pressure' in 2011

 

 

 

 

Mobile phone coverage for Chunnel by 2012 Olympics

 

 

 

 

UK retail chiefs attack 'absurd' rate rise

 

 

 

 

Glaxo offers NHS rebate for latest cancer drug

 

 

 

 

What's next for Warren Buffett?

 

 

Stripping child benefit will cost £370 million

 

Stripping middle class families of child benefit payments will cost taxpayers £370 million, the Government has admitted.

Online fraud to peak at £3.1m during Boxing Day sales

 

 

 

 

Boxing Day sales: the credit card hangover

 

 

 

 

The facts prove a timely tonic for 2010 hangover

 

 

 

 

 

House prices to drop 2pc in 2011 on 'weak demand'

 

UK house prices fell for a sixth month in December and will extend their decline in 2011, according to new data from housing intelligence group Hometrack.

The UK inflation genie is out of the bottle

 

 

 

 

China raises interest rates on Christmas Day

 

 

 

 

Oil pushes closer to $100 as cold snap bites

[interestrateripoff]

• NHS faces more cuts to avoid £10bn shortfall
   
  Exclusive: Leaked Whitehall document says cancer research and social care could be hit
  175 comments
  
  • Nick Watt: Lansley under pressure over NHS savings
    
  • £180m cut from Blair's flagship housing project
    

Breaking news

 

• Thai SSI sets funding plans to buy UK steel plant - Reuters
  
• Europe shares hit by China rate hike; trade thin - Reuters
  
• GLOBAL MARKETS-Asian shares rise as investors look past China rate hike - Reuters
  
• Raw materials recover from China Xmas rate hike - Reuters
  
• CHINA MARKETS-Chinese stocks fall as rate rise reality sets in - Reuters
  
• Oil climbs to 26-month high on US blizzard - Reuters
  
• Aussie dips on China rate hike in thin market - Reuters
  
• China Money: Market stress to linger on surprise rate hike - Reuters
  
• JGB yield curve steepens after BOJ op, issuance plan - Reuters
  

 

 

 

• Heroes and zeros 2010
   
  Factories closed, currencies faltered and oil (when it could be found) was spilled. But at least some stars shone amid the gloom
   
  
  • Tough talkers come to the fore
    
  • Number of Christmas workers grows to almost 1m
    
  • Festive brainteasers
    
  • Christmas cards by Kipper Williams
    
  • The business Christmas special
    

  [*] Boxing Day comes early as shoppers look to the net for a bargain

   

  Christmas Day sees a frenzy of buying online, while a record number of people are expected to hit the high street for the sales

   

  • UK spenders close to top of EU league
    
  • Retailers braced for last-minute Christmas shopping
    
  • Homeowners warned of 5% interest
    

  [*] China expected to ramp up inflation battle

   

  Further anti-inflationary measures are likely to follow second base rate hike in just over two months

  2 comments

 

 

• Bidding war for Northern Rock set to generate £1.5bn price tag
   
  Sell-off first move in coalition plan to withdraw from banks bailed out during financial crisis
  
• FTSE set for best December since 1987
   
  FTSE 100 bounces back through 6000 mark in final minutes of trading on Christmas Eve
   
  
  • FTSE hits 6000 as confidence returns
    
  • Shares back in favour with investors
    

  [*] Anglo American fights Rio Tinto in global race for coal reserves

   

  Fast-growing Asian steel industry fuels bids for Australian mining group

  [*] Bank shareholders may get vote on size of bonus pools

   

  Bosses aim to head off row in the new year about multimillion-pound payouts

  [*] More business news

  [*] Toyota settles suit over California crash for $10m

  38 comments

  [*] JJB Sports shares surge 22% on news of £31.1m fundraising

[interestrateripoff]

Late rush and web sales boost John Lewis

 

 

A surge in online shopping on Christmas Day helped John Lewis post a stunning 31 per cent rise in total sales last week, as "pent up demand" created by the earlier snowfall unleashed an eleventh-hour deluge of customers into its department stores.

 

 

• Banks set to pay lower taxes than UK consumers
  
• Nine days to save economy
  
• Builders finally start on £500m flats – four years after eco-battle
  
• Cinemas hit by freezing weather
  
• 2010 at a glance: Cuts, spills, and failed floats
  
• Government moves to take control of Allied Irish
  
• Last-minute rush boosts Christmas sales
  

 

Margareta Pagano: From Cadbury to Cablegate, and beyond ...

 

Takeover fever marked 2010, but moves are afoot that could make it tougher for such bids to succeed

 

 

• Stephen Foley: Macy's is heaving but the US still has a long slog to recovery
  
• Stephen Foley: Franken fumes over net neutrality rules
  
• Stephen Foley: The auditor's charged, now for the execs?
  
• James Moore: The failure's the same on the trains, the buses and the planes
  
• James Moore: Bumper boardroom pay is bad for business
  

 

Goodbye HIPs, hello to Nama – our guide to the City's new lexicon

 

In a rocky 2010, the Square Mile needed a new vocabulary for a new world order. Here, man of letters Richard Northedge has the last word.

 

 

• The business heroes and villains of 2010
  
• The Year in Review: The euro
  
• The Year in Review: The economy
  
• Nick Bolton: Perpetual motion for OMG chief
  
• Gold bugs see no end to rise in price
  

[interestrateripoff]

27 December 2010 Last updated at 09:49

 

Oil moves to fresh two-year high

 

The price of oil nears $92 a barrel, hitting a fresh 26-month high as producer nations signal they have no plans to boost output.

 

• What's it like being an oil trader?
  

 

Russian oil tycoon found guilty

 

Former Russian oil tycoon Mikhail Khodorkovsky is convicted of embezzlement at his second trial - he says the case is politically motivated.

 

• Profile: Mikhail Khodorkovsky
  
• Russia's most important trial
  

 

 

 

• Shoppers brave Boxing Day sales
   
  Retailers report frenetic scenes as shoppers flock to winter sales, despite Sunday's restricted shopping hours for many stores.
  
• Rail conductors walk out over pay
   
  Workers at Northern Rail go on strike for two days over a dispute about bank holiday pay.
  
• Airports facing disruption fines
   
  Airports could face fines when passengers have their travel plans disrupted, the government proposes, after days of cancellations due to snow.
  
• UK gives £40m to UN disaster fund
  
• FTSE at best close since mid-2008
  
• Retailers report last-gasp trade
  
• JJB announces £31.5m fundraising
  
• Pay delay for Halifax customers
  
• Japan agrees record draft budget
  
• Ivorian tension to hit mine firm
  
• Russia to buy two French warships
  
• Indian group mulls Riversdale bid
  
• Toyota pays $10m for fatal crash
  

 

Political car crash

 

Will the chancellor regret creating the Banking Commission?

[interestrateripoff]

Retailers fear lower sales in 2011 - BRC survey

 

LONDON (Reuters) - Most retailers are expecting lower sales in 2011 on the back of weak consumer demand and inflationary pressures, a survey by the British Retail Consortium (BRC) said on Monday.

Continue Reading

 

 

 

House prices fall 1.6 percent year-on-year

 

LONDON (Reuters) - House prices in England and Wales fell for a sixth consecutive month in December to stand 1.6 percent lower than a year ago, property data firm Hometrack said on Monday.

UK 6:35am GMT

 

AirAsia chief denies planning Virgin Atlantic bid - report

 

KUALA LUMPUR (Reuters) - The chief executive of Malaysia's Airasia has denied considering a possible takeover bid for airline Virgin Atlantic, a Malaysian newspaper reported on Monday.

1:09am GMT

 

Europe shares hit by China rate hike; trade thin

 

FRANKFURT (Reuters) - European stocks fell on Monday in thin trade, halting a December rally after China's decision to raise interest rates over the weekend raised concerns about the outlook for global growth.

10:04am GMT

 

Asian shares rise as investors look past China rate hike

 

HONG KONG (Reuters) - Asian shares edged up while the Australian dollar and commodities pared early losses as investors bet China's latest interest rate hike would not change the optimistic outlook for the global economy in 2011. | Video

9:21am GMT

 

China's Wen confident on inflation after rate rise

 

BEIJING (Reuters) - China's government will be able to keep inflation in check, Premier Wen Jiabao said on Sunday, a day after the central bank raised interest rates, and he pledged to speed up efforts to rein in house price surges.

10:25am GMT

 

Oil climbs to 26-month high on U.S. blizzard

 

SINGAPORE (Reuters) - Oil climbed to a 26-month high on Monday as a blizzard in the U.S. Northeast offset uncertainty over Chinese fuel demand following a Christmas Day interest rate hike.

7:48am GMT

 

Lender Coventry in takeover talks with N&P - report

 

LONDON (Reuters) - Mortgage lender Coventry Building Society is in talks over a possible takeover of its mutually-owned rival Norwich & Peterborough Building Society, the Mail on Sunday newspaper reported.

UK, 26 Dec 2010

 

Waitrose says Christmas sales were best ever

 

LONDON (Reuters) - Supermarket chain Waitrose said on Sunday that it recorded its best Christmas sales this year, despite icy weather that disrupted travel and cut the number of shoppers at stores.

26 Dec 2010

 

PetroChina, Shell drill wildcat on China shale gas block

 

BEIJING (Reuters) - PetroChina and Royal Dutch Shell have started drilling the first evaluation well in a shale gas block in China, China Petroleum Daily reported on Monday, 13 months after the two firms inched a joint exploration agreement.

[interestrateripoff]

Hollywood Moves Away From Middlebrow

 

By BROOKS BARNES

 

 

Moviegoers have sent a message that seems obvious but has often been forgotten: make a good product, or we won’t buy.

 

• Post a Comment | Read (22)
  

 

 

 

Melissa Moseley/Warner Brothers Pictures

 

One surprise hit was “Inception,” with Leonardo DiCaprio.

 

 

 

 

 

 

New Voters May Sway Fed Actions

 

By SEWELL CHAN

 

As the Federal Reserve debates its $600 billion effort to nurse the economic recovery in 2011, four men will have a newly prominent role in influencing the central bank’s path.

 

Online Bazaar Builds on Its Base With Sense of Community

 

By JENNA WORTHAM

 

Started as a way for hobbyists and crafty types to sell their goods, Etsy has blossomed into a thriving e-commerce site.

 

• Slide Show: For a Crafty Company, an Office to Match Its Eclectic Tastes
  

 

Gadgets Bring New Opportunities for Hackers

 

By ASHLEE VANCE

 

As Web-ready devices proliferate, consumers may run into new scams that play off the products’ features.

 

Talking Tech and Building an Empire From Podcasts

 

By JON KALISH

 

Leo Laporte’s technology-focused podcasts are downloaded five million times a month.

 

Japanese Universities Draw Foreign Students With Manga

 

By MIKI TANIKAWA

 

Programs in the Japanese medium are becoming a major attraction as universities vie for a dwindling pool of students, creating a talent pool for local businesses.

 

A Battle Over Uranium Bodes Ill for U.S. Debate

 

By KIRK JOHNSON

 

A conflict over a plan to process uranium ore in Colorado highlights the difficulty of moving away from fossil fuels.

 

• Video: The Uranium Conundrum
  

 

Wal-Mart Moves to Invest in China Online Retailer

 

By DAVID BARBOZA 23 minutes ago

 

The U.S. retail giant and five other companies have agreed to invest in 360buy.com, one of China’s fastest-growing e-commerce companies.

 

California Stations Grapple With PBS Scheduling

 

By ELIZABETH JENSEN

 

KOCE-TV is picking and choosing which PBS programs to take over from KCET-TV, which can no longer afford to pay PBS dues.

 

 

 

• Media Decoder Blog: Paramount Seeks Film Buzz From Military Screenings
  
• Welcome to Wal-Mart? Even Some of Its Fans Don’t Want One in the City
  
• Drilling Down: Age Gap Narrows on Social Networks
  
• Asian Stocks Rise, Brushing Off China's Rate Hike
  
• Target Cancer: Enlisting the Dying for Clues to Save Others
  
• Las Vegas Gets New City Hall, and a Mullet
  
• Strong Start for Coen Brothers’ ‘True Grit’
  
• Looking Ahead to Economic Reports This Week
  
• Treasury Auctions Set for This Week
  

[MARTIN3030]

Thread continued here;

http://www.consumeractiongroup.co.uk/forum/showthread.php?288237-The-great-interest-rate-ripp-off-part-2