China in auto power play
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu. Commentary
FCC has pact to approve Sirius-XM deal: source
WASHINGTON (Reuters) - A majority of members of the Federal Communications Commission have reached an agreement to conditionally approve Sirius Satellite Radio Inc's (SIRI.O) purchase of XM Satellite Radio Holdings Inc XMSR.O, a source familiar with the agency review said on Thursday.
The three Republicans on the five-member commission have agreed in principle to vote in favor of a proposal that would let the deal proceed as long as the companies meet a series of conditions to protect consumers and preserve competition, the source said.
(Editing by Tim Dobbyn)
