PARIS — Satellite television pioneer Charlie Ergen’s EchoStar Corp. has won the bidding to purchase satellite broadband provider Hughes Communications for about $2 billion including Hughes’ debt, with the cash portion representing a 31 percent premium on where Hughes stock was trading before rumors of its sale began pushing the price up, the two companies announced Feb. 14.
Englewood, Colo.-based EchoStar, which Ergen separated from his satellite television provider Dish Network in an effort to diversify into new businesses, will now own the world’s biggest manufacturer of satellite broadband hardware, as well as a company that has made consumer satellite broadband in the United States a core business. Read More...
Colleges and universities have largely abandoned teaching religion and are actively pushing religious belief to the margins of society, Elder Dallin H. Oaks of the Quorum of the Twelve Apostles said Feb. 26 during an address at Harvard Law School in Cambridge, Mass. (Click here for complete text of Elder Oaks’ remarks.) "Despite most colleges' and universities' founding purpose to produce clergymen and to educate in the truths taught in their chapels, most have now abandoned their role of teaching religion," Read More...
— -- The police officer killed in a Chicago suburb is being remembered by locals as a presence in the community.
Lt. Joe Gliniewicz served as a police officer for more than three decades and lived in Fox Lake, Illinois, a suburb about 55 miles north of Chicago.
"Not only did Fox Lake lose a family member, I lost a very dear friend," the town's mayor Donny Schmit said at a news conference Tuesday. Read More...
