A U.S. appeals court overruled regulators who decided that expletives uttered on broadcast television violated decency standards, a major victory for TV networks.
The price of satellite radio offered by a merged Sirius Satellite Radio and XM Satellite Radio would be less than subscribing separately to both services, Sirius' chief executive Mel Karmazin said on Wednesday.
A long-delayed buyout deal between AT&T and BellSouth may close as early as tomorrow, CNBC's David Faber reported.
AT&T's proposed buyout of BellSouth was thrown into doubt Monday when Robert McDowell, a member of the Federal Communications Commission and a former telecommunications industry lobbyist, said he will not be voting on the deal.
AT&T proposed buyout of BellSouth was thrown into doubt when Robert McDowell, a member of the FCC and a former telecommunications industry lobbyist, said he is excluding himself from participation in the agency's deliberations on the deal.