Word: using
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That situation set antitrust alarm bells ringing when AT&T, Sprint, T-Mobile and Verizon all raised their pay-per-use costs of sending a text message from 10 cents to 20 cents over the past three years. That prompted Senator Herbert Kohl, the Wisconsin Democrat who chairs the Senate Judiciary Committee's subcommittee on Antitrust, Competition Policy and Consumer Rights, to hold hearings on the matter in June...
Carriers respond that pay-per-use covers only a tiny and dwindling percentage of use. "Generally, the structure of our pricing plans has moved away from paying 'by the drink' to buckets of messages at much lower prices," Randal Milch, executive vice president and general counsel at Verizon Communications, emphasized at the hearing. Verizon's average price is about a penny a message, he added...
...Geithner, testifying on Thursday in front of an oversight panel reviewing the government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...
...helping developing countries with money and technology to leapfrog to green technology without following the familiar high-carbon path to growth. Only with outside funding will India be able to effectively shift to renewable sources of energy, which, being costlier, will have to be subsidized for widespread use by people like Kumar and the over 400 million Indians still without access to electricity...
...Times' Kabul bureau had asked the British embassy there - Farrell holds Irish and British passports - to use a military rescue mission only as a last resort, since negotiations were under way to free the two reporters and any rescue attempt would imperil them. But according to the source close to the negotiations, a decision was made "at ministerial levels" in London to mount the operation. Neither the Times nor Farrell's family were warned of the impending raid. The British are partners of the U.S.-led military coalition in Afghanistan and have 8,000 troops in the country. (See pictures...