BRIEFCASE.Byline: - Staff and Wire Services Digital sound goal of radio alliance 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 - The radio industry, in a move to take on growing competition from satellite radio, iPods and the Internet, has formed an alliance to step up the rollout of digital radio. The group's goal is to offer new and compelling content using ``high-definition'' digital radio technology, which produces CD-quality sound and eliminates the static, hiss and fades associated with analog signals, top radio executives said Tuesday at a press briefing unveiling the alliance. So far, about 600 out of more than 10,000 radio stations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. have started digital broadcasts. Factory orders up, also productivity WASHINGTON - Orders to U.S. factories increased at a healthy pace in October, and third-quarter productivity shot up by the largest amount in two years. The two government reports Tuesday provided fresh evidence that the economy is bouncing back from the devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. Gulf Coast hurricanes and the late summer spike in energy prices. The Commerce Department reported that orders for manufactured goods manufactured goods npl → manufacturas fpl; bienes mpl manufacturados manufactured goods npl → produits manufacturés rose by 2.2 percent, to a seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. $399.8 billion, in October after a 1.4 percent September decline that was blamed on disruptions from the hurricanes and a strike at aircraft giant Boeing. Microsoft fined over trade rules GWACHEON, South Korea - South Korea's antitrust watchdog fined Microsoft Corp. $32 million for alleged unfair business practices and ordered it to take corrective measures such as either separating certain software from Windows or selling the software of competitors along with it. ``The Korea Fair Trade Commission found such tying practices liable because they constitute abuse of market dominant position and unfair trade practices under monopoly regulations and the Fair Trade Act,'' Kang Chul-kyu, chairman of the FTC FTC See Federal Trade Commission (FTC). , told reporters. NYSE NYSE See: New York Stock Exchange ready for a new deal NEW YORK - With a mixture of vision and nostalgia, the seat owners of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. voted Tuesday to acquire Archipelago Holdings Inc., a deal that will transform the 213-year-old Big Board into a for-profit company with new, high-tech trading capabilities. More than 95 percent of the voting members approved the $9 billion transaction, according to the NYSE. More than 90 percent of the exchange's 1,366 seats were represented in the vote, tallied in the exchange's sixth-floor conference room, considered a Wall Street institution. |
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