Congress has cleared the way for a potential agreement intended to save the emerging Internet radio market from a crippling hike in copyright royalty rates. The measure, which was sponsored by Rep. Jay Inslee, D-Wash., and now heads to the president, would green-light an anticipated deal between Webcasters and SoundExchange, a nonprofit that collects royalties […]
The European Central Bank is expected to hold its benchmark interest rate steady
The European Central Bank is expected to hold its benchmark interest rate steady later Thursday as inflation fears outweigh the growing financial crisis. The 15-nation euro zone is fighting high inflation, low growth and dim short-term prospects for more consumer and industrial demand as the global financial crisis unfolds. But the bank could be prompted […]
Pakistan’s top diplomat outlined a strategy for battling terrorism
Pakistan’s top diplomat outlined a strategy for battling terrorism Wednesday that emphasizes going-it-alone militarily within Pakistani borders and talking with opponents if they lay down their arms. The government’s new "roadmap" also includes a media campaign to explain the importance to Pakistan’s people of winning the war against extremists in tribal areas around neighboring Afghanistan, […]
Ex-teacher says middle schooler was a man to her
A former math teacher sentenced to federal prison for a sex crime with a minor says the age of the 13-year-old schoolboy she fled with to Mexico didn’t matter to her. "We didn’t see age anymore. … In my mind he quit being a teenage boy. … to me, he was a man," Kelsey Peterson […]
Ben Gordon accepts 1-year, $6.4M offer
Chicago guard Ben Gordon accepted the Bulls’ one-year, $6.4 million tender offer just before the deadline Wednesday night. A restricted free agent, Gordon was looking for a long-term deal that never materialized. He led the Bulls in scoring last season with an 18.6 average. "He’s very happy to be able to go back and play […]
Paparazzi called in tip on Locklear
A photographer who called 911 to report Heather Locklear allegedly driving erratically runs a paparazzi agency and profited from images she took of the actress’s subsequent arrest, the woman’s attorney said Wednesday. But Nicholas Tepper, who represents photographer Jill Ishkanian, said in a written statement Wednesday that her phone call to authorities was motivated by […]
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