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...There hasn't been this much hoopla over an entertainment deal since the Sirius XM Satellite Radio merger in 2007 during the Bush Administration, Schildkraut said. Although the Sirius-XM deal ultimately got approved (and the combined company has muddled along), President Barack Obama vowed to put some spine back in antitrust enforcement. He named Christine Varney, a strong antitrust advocate, to head the Justice Department's antitrust investigations. "Obama was very vocal during the campaign about reinvigorating the antitrust laws," concurred Olivier Antoine, an attorney in Crowell & Moring's antitrust group, who represented Sirius in the Sirius XM merger...

Author: /time Magazine | Title: Ticketmaster, Live Nation: Obama's Antitrust Test | 6/10/2009 | See Source »

...First of all, although they seem related, historically there has been little correlation between housing prices and interest rates. Some more homeowners may be pushed into foreclosure because they can't refinance, but that is unlikely to affect whether people decide whether now is a good time again to buy a house, which is what really drives real estate prices. A 2006 study of mortgage rates and New York City housing prices going back to 1975 by Lucas Finco of Quadlet Consulting found no correlation between lower mortgage rates and higher housing prices, or vice versa. In fact, some think...

Author: /time Magazine | Title: Why Rising Interest Rates May Be a Good Sign | 6/10/2009 | See Source »

Also included in the House bill, as expected, is a requirement that employers provide health benefits to their workers, although the precise shape of that mandate is unclear. The smallest, low-wage firms would be exempted from that requirement, and the three House chairmen anticipate providing a new small-business tax credit to help others. It also includes a "pay or play" provision: those businesses that do not provide benefits would be forced to pay some percentage of their payroll - 5% or 6% is being talked about - into a fund for the uninsured. And it would prohibit insurers from discriminating...

Author: /time Magazine | Title: The House's Surprisingly Moderate Health-Care Plan | 6/10/2009 | See Source »

...what stock prices are supposed to be based on. Stocks have skyrocketed since early March, providing the earliest and strongest signal that the recession might ebb soon. One could even argue that rising stock prices brought optimism that has since begun to show up in real economic data, although if you think too hard about such feedback loops it will just make your head hurt. (See 10 things to buy during the recession...

Author: /time Magazine | Title: Economic Recovery: Will Corporate Profits Recoup? | 6/9/2009 | See Source »

...Although Silverglate and Freedman argued that the Board of Overseers has been acting too much like a rubber stamp, the Board will have at least one new member with experience asking probing questions...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Six Elected to Board of Overseers | 6/9/2009 | See Source »

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