Grumpy Editor

The Economist FCC plans to nix wireless network that may jam GPS Wall Street Journal AP NEW YORK — Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices. The Federal Communications Commission sought comments ... LightSquared blasts FCC over “bureaucratic irresponsibility” SlashGear LightSquared: Dead corp walking; FCC foils LTE plan Computerworld (blog) Falcone Said to...Read Full Story

Boston.com Falcone's LightSquared May Seek Airwaves Swap To Revive Plan Wall Street Journal By Greg Bensinger Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Philip Falcone's LightSquared may seek to exchange its wireless airwave licenses for similar ones operated by the US Department of Defense, in a last-ditch effort to revive its ... FCC Plans to Nix Wireless Network That May Jam GPS ABC News FCC blocks LightSquared's mobile broadband network Digital Media Wire The FCC Squares Away the...Read Full Story

ABC News Lawmakers Gear Up for Election-Year Battle Over Deficit BusinessWeek By Brian Faler Feb. 14 (Bloomberg) -- Republicans rejected President Barack Obama's $3.8 trillion election-year budget plan before it arrived at the Capitol and said they will offer an alternative that relies on spending cuts to reduce the deficit. GOP Critics Hit Obama's $3.8 Trillion Budget ABC News Obama's budget plan hammers investors Christian Science Monitor Obama's Budget Misses an Opportunity to Tackle Tax...Read Full Story

USA TODAY At the open: Dow, TSX slump after US retail sales disappoint Globe and Mail (blog) Investors on Tuesday morning might have shrugged off the European credit-rating downgrades by Moody's Investors Service, but they haven't been able to look beyond a disappointing reading on US retail sales for January. The Dow Jones industrial average ... US stocks down amid Greek concern Ninemsn TSX declines as Tuesday trading begins Vancouver Sun Rehn Sees Greece Bailout Decision 'Soon' Bloomberg...Read Full Story

Telegraph.co.uk US stocks fall as Greek bailout debate winds on Economic Times NEW YORK: Stocks are falling on Wall Street in midday trading on Tuesday, weighed down by continuing economic struggles in Europe. The Dow Jones industrial average slid 19 points to 12855 at noon. Bank of America led the Dow lower with a decline of 2.4 ... Juncker - Eurogroup to speak by phone, not meet, on Greece Reuters Eurozone meeting on Greece called off Newsday Greek PM: Eurogroup To Take Place In Brussels...Read Full Story

Toronto Star Eurogroup To Hold Teleconference; Doubts On Greek Bailout Remain Wall Street Journal BRUSSELS (Dow Jones)--Euro-zone finance ministers will not meet as expected in Brussels Wednesday, as further technical work is needed between the troika of international lenders and Greece before the country can receive its second bailout. Officials: Euro meeting on Greece uncertain BusinessWeek EU president changes Greece meeting to conference call Financial Post 'Technical work,' assurances...Read Full Story

Los Angeles Times Obama Sends $3.8 Trillion Election-Year Budget to Congress San Francisco Chronicle (Updates with Obama remarks third, fourth paragraphs. For further information on the budget, see BUDG.) Feb. 13 (Bloomberg) -- President Barack Obama sent Congress a $3.8 trillion budget plan today with stimulus spending and tax increases for the ... Obama unveils $3.8 trillion budget CNN Tax and build The Economist (blog) Analysis: Obama sets up clash with GOP in budget Seattle Post...Read Full Story

Telegraph.co.uk GLOBAL MARKETS: European Stocks Down On Greece, Portugal Woes Wall Street Journal By Andrea Tryphonides & Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European stock markets fell Friday after euro-zone chiefs withheld approval for a second Greek bailout and demanded fresh proof from Greece's political leaders that they ... European stocks, euro falter as Greece waits on bailout Economic Times European Shares Slide as Greek Deal Hits a Snag Fox Business EURO GOVT...Read Full Story

ZDNet Microsoft Gives Details On Windows 8 Running On ARM-Based Chips Wall Street Journal By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Microsoft Corp. (MSFT) Thursday provided more details about how its newest operating system will work with chips using ARM Holdings PLC (ARMH, ARM.LN) architecture, saying the product will ... Here's Everything You Wanted To Know About Microsoft's Upcoming iPad Killers ... San Francisco Chronicle What you can expect from Windows 8 on ARM TG...Read Full Story

Wall Street Journal Ten States Get Leeway on School Law Wall Street Journal By STEPHANIE BANCHERO President Barack Obama on Thursday authorized 10 states to ignore key provisions of the No Child Left Behind law, a move to circumvent the unpopular legislation that won cheers from the states but prompted concern from Republicans ... School officials excited about 'No Child' waiver (1:58) Washington Post 10 States Are Given Waivers From Education Law New York Times New Jersey among states to...Read Full Story