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Microsoft-Yahoo Merger Faces Antitrust Hurdles
On Thursday, Microsoft announced a whooping $44.6 billion bid for Yahoo, a merger that would give Google a run for the money. A deal that combines the second and third largest online search companies is likely to attract antitrust review. Greg Sidak, U.S. editor of the Journal of Competition Law and Economics offers some insight.
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Microsoft Bids for Yahoo in Effort to Gain on Google
Microsoft has made a $44.6 billion bid for Yahoo, an aggressive move by the software giant to gain market share on the Internet and compete with Google. Microsoft and Yahoo have talked about merging for years. This time, a hostile but very rich offer could seal the deal.
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. Tv & Kids
Korva Coleman speaks with Kathleen Hall Jamieson, Dean of the nnenberg School for Communication, about a new study on children's television iewing habits. 6:54 . ANSWERING MACHINES: Korva Coleman speaks with Peter Crabb, professor of sychology at Pennsylvania State University in Philadelphia. He's just published study in the Journal of Social Behavior and Personality on the way answering achines have changed the way we interact. The answering machine was patented 25 ears ago this year.
Yellow Ribbon
29) Cross Promo (:29) Station Break (:59) Forward Promo (:29) Headlines (:59) 6. Hong Kong Rights -- Jacki speaks with Edward Gargen, the New York Times correspondent in Hong Kong. Gargen says a recent statement by Hong Kong's Chinese-appointed new chief executive that he will roll back civil liberties after China regains sovereignty in July is meant to underscore Peking's determination to show that it will make the rules in Hong Kong, not the British.
Bush's Day
NPR's Don Gonyea reports on President-elect George W. Bush, who today resigned from the only political office he has ever held -- governor of Texas. The emotional speech by Bush ended 6 years at the helm in Austin and comes less than a month before he is to move to his new home at 1600 Pennsylvania Avenue. Meanwhile, jockeying continues to go on behind the scenes for filling the remaining Cabinet slots.
Connecticut Lays Off 3,000 State Employees
In an effort to address an estimated $500-million budget deficit, the state of Connecticut lays off 6 percent of its workforce. Gov. John Rowland warns more state workers could lose their jobs if unions fail to agree to concessions in the coming months. Caitlyn Kim reports.
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Lott Apologizes Again as Controversy Swirls
Embattled Senate Majority Leader Trent Lott (R-MS) appears on Black Entertainment Television to apologize again for his remarks alluding to the glory of America's segregated past. Meanwhile, Senate Republicans will meet Jan. 6 to decide Lott's fate as majority leader. NPR's Juan Williams reports.
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Budget Surplus
NPR's Peter Overby reports on today's budget surplus forecast by the Congressional Budget Office. The CBO is projecting a surplus of more than three-trillion dollars over the next decade -- or 5.6-trillion if you count the Social Security surplus. Republicans say that means there's plenty of room for a big tax cut. Democrats argue that the projections of a huge surplus may be overly optimistic in the long term. They are supporting smaller tax cuts.
GOP Rep. Peter Meijer on what it means to be a Republican in 2022
The Michigan representative was one of the only Republicans to vote for the impeachment of former President Donald Trump after Jan. 6.
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5:52
Holocaust Memorial Opens in Berlin
Germany unveils a memorial in central Berlin to the 6 million Jews killed in the Holocaust. Politicians, Jewish leaders and Holocaust survivors were on hand for the solemn ceremony to inaugurate the monument designed by American architect Peter Eisenman. The opening ends 17 years of debate over how Germany should mark the darkest chapter of its past.
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