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Abilene Reporter-News from Abilene, Texas • 37

Location:
Abilene, Texas
Issue Date:
Page:
37
Extracted Article Text (OCR)

Sitting Pretty Choosy about chain? You've come to die right place Our countless frame fabric leather and design options mean die perfect chair is youra for the choosing QJ 325-673-6422 Sbilene BlueStone Television cleared to buy KTXS By Brim Murphy Reporter-News Staff Writer worked out a tentative deal with Larry Wilson the founder of Citadel Broadcasting Corp in 2003 But Wilson withdrew his offer several months later Sandy DiPasquale president and chief executive officer of BlueStone formerly led STC Broadcasting the former owner of NBC affiliate KRBC-TV cations The FCC regulates the broadcasting industry The deal which went into effect Tuesday affects ABC affiliate KTXS (Channel 12 Cox Communications cable Channel 4 digital Channel 20) and Telemundo affiliate KTES-TV (Channel 40 Cox Channel 15) Jackie Rutledge general manager of the Abilene and San Angelo stations said viewers will continue seeing ABC and Telemundo programs and that she expects no on-air changes The deal also affects San Angelo ABC affiliate KTXE-TV (Channel 55) and stations in North Carolina California Montana and VlrginiaTennessee The terms of the deal were npt disclosed Lamco owned KTXS Abilene's second-oldest TV station since December 1988 Lamco announced in 2002 that it would sell its TV stations The company After two years of searching three West Texas television stations have a new owner The Federal Communications Commission recently approved a request by Kansas-based BlueStone Television to buy KTXS-TV and two other area stations from Pennsylvania's Lamco Communi Contact arts entertainment writer Brien Murphy at murphytjCreportemewscom or tugged! to jjoilD tads Area growth depends on Abilene report says By Thaddeus DeJesua Reporter-News Staff Writer i i i Pointing a Finger at Insurance Big Country communities must work together to develop the economy and create Jobs or face withering chi the vine regional leaders said The recommendation was one of many offered Wednesday on the economic ftiture as part of a citizen review of the Wadley-Donovan repeal The nearly $500000 study examined how Abilene and the Big Country could reinvent foe regional economy The report noted that Abilene goes so goes the Leaders on Wednesday agreed that Abilene will have to take foe lead in regional economic development and that is stirring some long-standing hostility Still the Big Country as a whole has no choice but to work together said Larry Sanders executive assistant to the president of Texas State Technical College-West Texas have to succeed because there is no other he said have to Please see CITIES Page 3E Ways to help elders look after money 1 i Hmy CtokakMMOtiM Piws 'Texas Lt Gov David Dewtiurst right responds to a question during a news conference Wednesday in Austin 8m Troy Fraser R-Horseshoe Bay is on the left Dewtiurst says that homeowners insurance rates are not falling as quickly as they should be laying the blame squarely on State Farm and Farmer! Insurance the state's largest insurers which are appealing rate cuts ordered by the state See story on Page 4E By Helen Huntley St Petersburg Times California owes Enron other companies millions owe in overcharges from the energy cri- By Jennifer Coleman The order was Associated Press Do you have a parent or other elderly relative whose money management skills are slipping? You may need to find help or become a helper yourself Here are some warning signs of problems and suggestions for handling them Talk with the older person about what solutions might be right for him or her Put bills on automatic Are bills piling up? Have utilities ever been turned off for nonpayment? Automate bill paying as much as possible signing up for automatic monthly drafts from a checking account for mortgage payments utilities and any essential services If your parents can no longer handle a checking account themselves you may be able to do their banking online Please see MONEY Page 3E Most of the state's electricity purchases were used by Pacific Gas and Electric Co Southern California Edison and San Diego Gas Electric Ca But some of the power sold into the ISO market was bought by other energy companies such as Houston-based Emm Those are foe sales subject to the refund order FERC spokesman Bryan Lee said he couldn't comment because the matter was pending before the commissioa But in its order FERC said the power trades should be treated the same as other wholesalers Because the state bought a lot of Please see ENERGY Page 4E particularly unfair considering recent evidence of market manipulation by energy generators Lockyer said in an interview Tuesday Transcripts have been released of Enron Corp traders openly and gleefully discussing creating congestion on transmission lines taking power plants off-line to pump up electricity pices and other manipulation of the California power market But FERC has ordered refunds and is calculating how much power companies sis At issue are megawatts bought and sold through foe Independent System Operator the manager of the power grid The May order makes it clear that the refund order includes $29 billion worth of electricity purchases marie by California energy traders in 2001 when foe state stepped in to buy power on behalf of three nearly bankrupt utilities In his filing on Monday Lockyer said the state's power buys helped the ISO secure enough energy to keep the lights on State buyers bought power at the high market price then resold it at the state's cost order to protect California's electricity grid from SACRAMENTO Calif As California struggled through the 2000 2001 energy crisis Enron traders gloated about gouging the state Now state Attorney General Bill Lockyer says federal regulators are heaping insult upon injury by demanding California pay Texas-based Enron and other energy companies almost $270 million in reffinds In a motion filed with the Federal Energy Regulatory Commission Lockyer said the refunds would reward sellers a second time for their mar ket manipulation activities and predatory pricing" American Airlines CEO wants to expand service to China throughout Asia impact Akamai defined as traffic being slowed for more than 20 percent of a users Third-party monitoring services and user reports have identified the affected sites as big Internet destinations including sites belonging to Yahoo! Inc Google Inc Microsoft Corp Symantec Corp FedEx Corpi Apple Computer Inc AltaVista and Lycos From about 7:30 to 9:45 am Tuesday many users found the sites sluggish or entirely inaccessible From wire reports number of spinoff jobs because it does not foresee many Toyota suppliers moving into the San Antonio area initially Akamai says impact of Internet attack minimal SAN JOSE Calif A purported Internet attack that affected some of the world's most popular Web sites was "large and yet had only minimal impact according to Akamai Technologies Inc Akamai said Wednesday that no more than a dozen of its 1100 customers suffered a significant DALLAS American chief executive says he has asked Chinese government officials to allow more routes between that nation and foe United States The airline is focusing first cm adding flights between Chicago and Shanghai before expanding service throughout Asia Gerard Arpey said Wednesday American the largest US carrier flies directly to Tokyo and serves other cities with flights on other carriers under codesharing agreements Under current rules Northwest and United are the only US passenger carriers serving China Court denies Arthur appeal of conviction HOUSTON Arthur Andersen LLP learned Wednesday it lost its appeal nearly two years after the accounting firm was convicted of destroying and altering Enron Corp-related documents Andersen was convicted June 15 2002 after a six-week triaL In an opinion released Wednesday the 5th US Circuit Court of Appeals upheld the decision Andersen was charged with obstruction for inducing mass BRIEFCASE Bank of Dallas predicts that the Toyota truck plant being built in San Antonio may bring far fewer spinoff jobs than previously forecast by state officials The report estimates that about 4000 automotive jobs will be created about half of them by the Toyota plant itself and the rest by suppliers parts makers and other businesses That compares to a total of 12000 permanent jobs envisioned by the state office The report arrived at a lower destruction of Enron-related documents in October and November 2001 as the Securities and Exchange Commission began investigating foe energy convoluted finances The court dismissed claim that a district judge prevented the firm from getting a fair trial when foe let the company show jurors that many more documents were preserved than destroyed Lower jobs impact predicted from San Antonio Toyota plant SAN ANTONIO A new report from the Federal Reserve k4i4MM4MM MMkM.

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About Abilene Reporter-News Archive

Pages Available:
1,677,616
Years Available:
1926-2024