And we paid 21,000 for it and i thought myself, theyre buying a new car every year a nicer car than we have. By the way its a ford. A very nice carment they could have had that. Anyway, that is a lot of money, and when i reflect on this, think about some of the concerns that have been raised. Well what about the small investors . To me, the small investors are the people who are in the greatest need of getting advice that is in their best interests, because they dont have margin for error. And so when i hear that argument, i am i agree with the notion that small investors deserve advice, and we need to get more advice for small investors, but we need to get advice that is in their best interests. Folks who are wealthy and get conflicting at vice, thats unfortunate and wed like to prevent that but the consequences for them are less catastrophic than the family that saved 50,000 and is trying to figure out how to spend it. By the way, that small investor who has 50,000 or 100,000, the va
Provide arms to youukraine. Later pakistan terrorist plans. The Senate Subcommittee looked at free online music streaming and what it means for copyright law. Well hear from executives from pandora and a company that owns radio station. Representatives of singers and songwriters testified as well. Utah senator maclee chairs the judiciary subcommittee on antitrust and competition. Welcome. This is the first hear on antitrust policy and consumer rights. I want to thank my friend and colleague senator klobuchar in chairing this committee before me. Weve always had a good work relationship and we share the same basic goals for this subcommittee which involves ensuring first and foremost that consumers are protected from those who would abuse the marketplace and second that we form effective oversight of the department of justices antitrust division and of the competition side of the federal trade commission. I look forward to continue that bipartisan work in this congress and i would like
People can get by without power for a while but not water. I called the association, and they found an emergency generator for me and delivered them to the communities at no charge. Since the circuit riders know everybody in the state they were able to borrow some again ators from northern communities not impacted by the hurricane. And have the generators delivered to get the Drinking Water and sanitation restored immediately. The circuit riders also had the technical know how to size the right voltage and drive a backhoe if needed to clear the streets and dig up ruptured lines. All of this type of assistance is essential to restore water supply in an emergency. I called the separator out to help me. A community of about 1,000 homes to find the line break, causing a loss of water from any homes. The circuit rider came with advanced radar equipment that can precisely identify the location of the break which on this day happened to be in the woods. Congress shares this technical resource
Networking gear faces fresh questions over whether its turn around strategy is working. All that and more tonight on nightly Business Report for thursday, february 13th. Good evening, im tyler mathisen. Around im in for susie. We begin this evening with a megamerger in the media world. That deal that would combine the largest tv providers comcast and cable. If approved the company would have 33 million customers, nearly one out of every three cable households in the u. S. And become a dominant force in delivering tv content. The allstock offer would give time warner shareholders 159 a share. Pretty big premium. Stocks Closing Price today of 144. 81. Julia borstin has more. Reporter comcast acquisition of Time Warner Cable, if its approved, would create a cable and Broadband Internet giant with nationwide reach. Comcast saying the deal will pay off and start generating money in year one. In part because it will have operating efficiencies of 1. 5 billion. Comcast buying Time Warner Cabl
Fcc chairman tom wheeler commented. Joining us on the communicators this week to discuss this, craig aaron, who is president and ceo of free press, and former fcc commissioner rocket Mcdowell Robert mcdowell. Commissioner mcdowell, can the fcc put the kibosh on comcast Time Warner Cable mergersome. Guest oh, it could, absolutely. And the department of justice could try to do so as well. Sometime in the past when mergers have been proposed not necessarily at the announcement stage weve heard words such as unthinkable. They havent put the kibosh on it just yet, and the application, i dont think, has even been filed at the fcc. But, sure, as a matter of law, its ability, it could deny the merger if it wanted to. Host from what youve read about this, do you think the fcc should stop this merrier . Guest well, so, actually, i think the better question is will it. And i dont think it will. And, you know, im in a think tank now, the hudson institute, so i have in dog in the fight. So trying t