BRIEFCASE NEXTEL FILES SUIT OVER STATE RULES.Byline: - Staff and Wire Services Nextel is taking a legal route in a bid to void recently enacted consumer protection rules, which the wireless carrier claims overstep the state's power to regulate telecommunications. The company alleges in court papers that the rules enacted in May by the California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, affect the rates and rate system of wireless carriers - which Congress and the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. have said can only be regulated at the federal level. Nextel contends the changes effectively limit its rates and rate structure. The company also maintains that the rules mean it will have to hire additional employees, retrain re·train tr. & intr.v. re·trained, re·train·ing, re·trains To train or undergo training again. re·train existing personnel, revise the way its bills look and spend millions of dollars to implement the changes. Microsoft unveils TV Internet plan Microsoft Corp. introduced on Tuesday a new version of its Internet TV service, seeking to broaden its appeal beyond a relatively small base of older, computer-phobic users. The set-top hardware it uses, the MSN TV Internet and Media Player, is a strange hybrid for an increasingly networked world. Essentially a media receiver, the player lets people surf the Web, display digital photos, watch downloaded video clips and do e-mail - all the time using their television as a monitor. The new version, called MSN TV 2, adds a port for people with high- speed Internet connections and home networks. Made by Thomson under the RCA See RCA connector and video/TV history. brand, it has more processing power than its predecessor but contains no hard drive. The box has 128 megabytes of RAM and 64 MB of flash memory. It sells for $199.95 plus a subscription fee, depending on whether it is used with broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a or dial-up. Oil prices shoot over $51 a barrel WASHINGTON - Oil prices darted above $51 a barrel Tuesday as output in the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east remains in shambles more than two weeks after Hurricane Ivan tore through the region. Even as the advance in crude futures begins to appear unstoppable, with traders saying $55 a barrel seems possible, some analysts are convinced a speculative bubble Speculative Bubble A temporary market condition created through excessive buying, and an unfounded run-up in prices occurs. Notes: Speculative bubbles are generally a result of the "bandwagon effect. has formed. They say prices have become inflated as institutional investors, such as hedge funds and mutual funds, pile on bets in the energy markets. Light crude for November delivery soared $1.18 to settle at $51.09 a barrel Tuesday on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. - the highest level in the exchange's history. Trial ink expert found not guilty NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - An ink expert who testified for the government at the Martha Stewart trial was found not guilty Tuesday of repeatedly lying on the witness stand. A federal jury in Manhattan deliberated about seven hours over two days before acquitting Secret Service scientist Larry Stewart - no relation to the millionaire homemaker - of two counts of perjury. Federal prosecutors accused Stewart of exaggerating the role he played in ink analysis testing of a stock work-sheet that was used as a piece of evidence against Martha Stewart and her stockbroker, Peter Bacanovic. |
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