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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Aug. 17 (UPI) -- Sirius XM Radio intends to unveil new pricing plans and technology to attract more U.S. subscribers to its satellite radio service this coming holiday season.
The New York company has already announced eight new programming packages that will allow listeners to sign up at rates starting at $6.99 a month, The Kansas City (Mo.) Star reported Sunday.
The new plans follow the Sirius-XM merger, which was one of the most protracted mergers in U.S. history, the newspaper reported.
Sirius XM cannot, under FCC mandate, raise its prices for three years.
Industry analyst Thilo Koslowski of Gartner Consulting told the newspaper the merger was good for listeners.
"I don't think there will be any downside for consumers," Koslowski said.
Still, Bob Williams of Consumers Union is skeptical of the merger.
"The (satellite radio) industry has a history of promising things and then letting it go by the wayside," Williams was quoted as saying.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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