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NY Judge Keeps 475 Subway Clerk Jobs Active Until Monday According to Reuters, as the MTA looked to dismiss 475 subway clerks to fight budget deficit, a New York judge ordered to keep the jobs active until a further decision could be made on Monday. The layoffs were seen to bring uncertainty to the state of safety on the subway systems, a risk Supreme Court Judge Saliann Scarpulla was not willing to take. Trans ...

FCC Will Make Compromise On Broadband Control According to The Associated Press, FCC Chairman Julius Genachowski has announced that it has arranged to implement narrow rules into the regulation of broadband rather than becoming heavily involved. U.S. courts have recently looked down upon the FCCs assumption that it had more power over broadband and cable companies. The move is an effo ...

Congress Advances Home Rebate Plans For Energy Saving Appliances According to The Wall Street Journal, Senate will soon evaluate a bill that would give rebates to homeowners who replace their old appliances with those that save on energy. The Home Star program has gained strong support from the Obama administration, but is expected to meet some opposition from Republicans. The party sees the $6 ...

DirecTV Profits Higher Than Expected After Premium Customer Gains According to BusinessWeek, demand for digital recording and high-definition services in Latin America brought DirecTV profits above analyst predictions in the first quarter. The company is looking to prevent slower U.S. subscriptions by adding services like DVRs in multiple rooms and a broader movie selection. Ne ...

Citigroup Looks Into Rumor Of Wall Street Trade Error According to Reuters, a spokesperson for Citigroup announced today that the company will investigate a rumor of an erroneous trade leading to a near one thousand point drop in its Dow Jones Industrial Average. The bank said there is yet to be in evidence found on the trade, as Citigroup looks into one its biggest Dow drops ever. Citigroup is currently the third-lar ...