Thursday, March 10, 2011

Heads up | Clearwire CEO quits

Bill Morrow, CEO of Clearwire Corp., has resigned from the Company That Is Building and Operating the 4G wireless network, Sprint uses. Morrow Personal Reasons cited for stepping down and Told Bloomberg News That the company is healthy and "It's all good." Chairman John Stanton has Replaced Morrow for now while a search for a permanent successor is under way. The changes "come as Clearwire and Sprint are close to announcing a settlement of Their pricing dispute.

Red February

The government ran the largest-ever budget of deficit for a single month in February, $ 222.5 Billion, topping February 2010's previous record by Nearly $ 2 Billion. The short fall Kept this year's annual pace of deficit is TO END AS The Biggest in U.S. history at an Estimated $ 1.5 trillion. The widening of deficit reflects on the impact of the tax-cut package President Barack Obama and Congressional Republicans brokered in December.



Read more: http://www.kansascity.com/2011/03/10/2715945/heads-up-clearwire-ceo-quits.html # ixzz1GGZl5XGL

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