In a letter to the FCC obtained by Reuters, Intel Corp. CEO Paul Otellini said he supports SoftBank’s $20 billion bid for Sprint Nextel Corp. over Dish Network’s $25.5 billion counter offer. Tweet This Post
Posted on April 30th, 2013 by admin
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Solar installers and Arizona Public Service Co. are engaging in an increasingly tough exchange on rooftop solar, and the heated debate that likely is to continue into summer. The battle over how homeowners are paid for excess energy produced by solar systems has been the latest wedge between the two groups, and each is using [...]
Posted on April 29th, 2013 by admin
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Tempe Police said Friday afternoon a suspicious package left near Apache Boulevard and Rural Road just east of Arizona State University turned out to be just a cardboard box. The bomb squad was called to the box’s location this morning near Spence Avenue and Newberry Lane. The area was evacuated and traffic restricted. Tempe Police [...]
Posted on April 20th, 2013 by admin
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Revenue from social media advertising is expected to grow 18.6 percent during the next five years, a new study shows. Chantilly, Va.-based market research firm BIA/Kelsey projects social advertising revenue in the U.S. will increase from $4.7 billion in 2012 to $11 billion in 2017 as it becomes easier to advertise through social networks. Locally [...]
Posted on April 13th, 2013 by admin
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Arizona State University athletic director Steve Patterson is not pleased with the University of Notre Dame trying squirm out of a visit to Tempe in 2014. Fox Sports Arizona reports on the ASU-Notre Dame football spat. Tweet This Post
Posted on April 12th, 2013 by admin
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A huge car recall has been ordered by Honda, Toyota, Nissan and Mazda because of air bags that could deploy with too much force, as 18 injuries and two deaths have already been linked to the problem. The New York Times reports on what specific makes and models are affected. Get the full story here. [...]
Posted on April 11th, 2013 by admin
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First Scottsdale Bank took over all deposits and nearly all of the assets of Gold Canyon Bank from the Federal Deposit Insurance Corp. today. As receiver for Gold Canyon Bank, the FDIC named First Scottsdale as the winning bidder to take over the failed bank’s assets. Gold Canyon Bank is based in the town of [...]
Posted on April 5th, 2013 by admin
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The Town of Florence’s reversal of an ordinance passed in August banning the commercial use of sulfuric acid is a victory for Vancouver-based Curis Resources’ efforts to build a $500 million copper mine 60 miles southeast of Phoenix. But the town still has plans to try and condemn 1,187 acres of private land owned by [...]
Posted on April 3rd, 2013 by admin
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Get a handful of airline CEOs together in the same room, and there’s bound to be at least one good-natured, but pointed, disagreement. That certainly was the case at the U.S. Chamber of Commerce’s 12th Annual Aviation Summit, when David Barger, CEO of JetBlue Airways (JBLU), spoke on a panel just before US Airways (LCC) [...]
Posted on March 30th, 2013 by admin
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Bank of America is one of dozens of banks being sued by the federal government over the alleged fixing of interest rates that left Freddie Mac with huge financial losses. WSCOTV.com has more on what Bank of America and the others are facing in this latest legal challenge. Get the story here. Tweet This Post
Posted on March 21st, 2013 by admin
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