QUAKES ANNOUCE FLAGSHIP RADIO STATION FOR 2008

Rancho Cucamonga, CA- The Rancho Cucamonga Quakes have announced that their Flagship Radio station will be KSPA 1510am for the upcoming 2008 season

KSPA 1510am will air all 140 Quakes regular season games and will have “on-air” ticket giveaways and will keep Quakes fans abreast of upcoming games at the Epicenter. The Quakes will also be simulcast on the internet at www.rcquakes.com, and www.milb.com.

KSPA has solid listeners in the Inland Empire, but the signal reaches deep into Orange County as well. They have been the home to the Los Angeles Angels of Anaheim, and currently have USC Trojans and San Diego Chargers football broadcasts in the fall.

“We are very excited to be back with the local station,” said Executive Vice President and General Manager of the Quakes Gerard McKearney. “We look forward to a tremendous partnership with KSPA 1510am carrying Quakes games this season for our fans to enjoy.”

“I’m excited that Rancho Cucamonga’s home town station will be broadcasting the home town team,” Regional Sales Manager Joe Lyons said.

Jeff Levering is in his second season in Rancho Cucamonga and will be behind the microphone broadcasting all 140 Quakes games. In addition to KSPA 1510-AM, the Quakes are also simulcast on the internet at www.rcquakes.com.

The first broadcast of the season will be April 1^st against Azusa Pacific University at the Epicenter. First pitch is slated for 6:05 for the exhibition game. Tickets in the club section are being sold for $5.00. The game is complimentary for season ticket holders.

The Rancho Cucamonga Quakes are the Advanced-A California League affiliate of the Los Angeles Angels of Anaheim and open their 2008 home schedule on Monday, April 7th at the Epicenter against the High Desert Mavericks. For information about ticket packages and group information, please call the Quakes at (909) 481-5000.

-Shake, Rattle, and Roll-

Pilot negotiations could stall Delta-Northwest deal, reports say

Negotiations between pilot groups at Delta Air Lines and Northwest Airlines are at an impasse and may put a potential merger at risk, according to media reports. The boards of the two airlines are expected to meet today, and they intended to vote on a merger if the pilots had reached an agreement, the reports say. The pilots are negotiating how to blend the airlines' seniority lists.

Fed Minutes Indicate Downside Economic Risks Persist Even After January Rate Cuts

NEWS ALERT
from The Wall Street Journal


Feb. 20, 2008

Federal Reserve policy makers said downside risks to the economy remained even in the wake of recent interest-rate cuts, according to minutes of their Jan. 29-30 meeting. In their quarterly economic summary, central bank officials lowered the forecast for gross domestic product this year to 1.3% from 2%. In addition, the central tendency for core inflation was revised up, with officials now expecting core inflation in 2008 to range between 2% and 2.2%. The officials said inflation could tick higher if energy and commodity prices were to weigh on consumers more heavily than expected. The severity of the housing downturn, tightening in the credit markets and high oil prices were factors leading to the cloudier outlook, the officials said.

Continental in talks with American, United, reports say

Continental Airlines is in merger negotiations with American Airlines and United Airlines, according to media reports. The talks with American are exploratory and come as Delta Air Lines and Northwest Airlines get closer to reaching a merger agreement, reports say. Carriers hope to reach merger agreements soon, before the Bush administration leaves the White House.

Motorola sues Research in Motion

Motorola Inc. sued Research In Motion Ltd. claiming the Canadian company's BlackBerry wireless e-mail device violates seven U.S. patents covering mobile-communications technology.

Motorola, the biggest U.S. maker of mobile phones, said Research In Motion is using the inventions without permission and asked a federal judge in Marshall, Texas, to order a stop. Motorola also is seeking cash compensation for past infringement of the inventions, according to the complaint filed Feb. 16.

Governor Arnold Schwarzenegger Signs Special Session Budget Bills

2/16/2008 - Governor Schwarzenegger today congratulated and thanked legislators for making reductions necessary in the mid-year cuts. He then signed the special session budget bills, which create over a billion dollars in reductions.

United Airlines in advanced negotiations with Continental Airlines for merger

United Airlines is in advanced negotiations with Continental Airlines and is poised to quickly seal the deal if Delta and Northwest Airlines merge, says a person close to the airlines.

However, Chicago-based United hasn't ruled out pursuing Delta if the Atlanta-based carrier is unable to overcome labor differences with Northwest, sources say.

Doing so would give United greater leverage in its negotiations with both airlines, as well as a fall-back in case talks with Continental hit an unforeseen snag, say people familiar with the situation.

WSJ: Yahoo, News Corp. talking about combination

News Corp. and Yahoo Inc. are in discussions about combining MySpace and other News Corp.-owned online properties with Yahoo, according to people familiar with the matter.

The discussions are aimed at helping Yahoo fend off Microsoft Corp's (MSFT) $44.6 billion unsolicited takeover offer. Under the deal being discussed, News Corp. would get a stake in Yahoo which could be more than 20 percent.

The deal under discussion, which would also include a contribution of cash from News Corp. and a private-equity firm, is a variation of one that has been considered by the two companies several times over the past 18 months.

SPOTLIGHT ON ONTARIO, CALIFORNIA

AIRING ON KVMD TV CHANNEL 23 AND 31 FOR SATELITE SUBSCRIBERS MONDAY FEBRUARY 11^th – WEDNESDAY FEBRUARY 13^th AND FRIDAY FEBRUARY 15^th AT 7:30PM PST AND SATURDAY FEBRUARY 16^th AND SUNDAY FEBRUARY 17^th AT 6AM PST

February 11^th, 2008 – KVMD and the producers of Southern California Life are proud to announce the much-anticipated airing of our “Spotlight” series on Ontario, California.

Southern California Life is the Southland’s newest newsmagazine program airing on KVMD. Broadcast in San Bernardino, Los Angeles, Riverside, Ventura, and Orange Counties, the focus of Southern California Life is bringing positive news about Southland to the people of Southern California.

Every week on Southern California Life, we showcase a different city in the Southland. These “Spotlights” feature the most outstanding features of a city to promote the area and encourage people to venture outside of their backyards. In our Ontario spotlight, we explore the city’s constantly improving world-class facilities, including its new state of the art arena, one of the largest shopping centers in America and the fastest growing airport in Southern California.

Southern California Life airs Monday through Friday at 7:30pm and again on Saturday and Sunday at 6am. We hope you will tune in as we shine the spotlight on this wonderful town. To find KVMD in your area, check your local listings.

Chinese nationals arrested on espionage charges

NEWS ALERT
from The Wall Street Journal

Feb. 11, 2008
A Defense Department analyst and two Chinese nationals were arrested on espionage charges related to the alleged sale of military secrets to the Chinese government. Much of the information pertained to U.S. military sales to Taiwan, the government said. Separately, a former Boeing engineer was arrested on allegations he stole trade secrets related to several aerospace programs, including the Space Shuttle, and passed them to China.

Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer

NEWS ALERT
from The Wall Street Journal

Feb. 9, 2008

Yahoo Inc.'s board plans to reject Microsoft Corp.'s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.

After a series of meetings over the past week, Yahoo's board determined that the $31 per share offer "massively undervalues" Yahoo, the person said. It also doesn't account for the risks Yahoo would be taking by entering into an agreement that might be overturned by regulators. The board plans to send a letter to Microsoft on Monday, spelling out its position.

Microsoft Makes $44.6 Billion Bid for Yahoo

NEWS ALERT
from The Wall Street Journal

Feb. 1, 2008

Microsoft said it has made a cash-and-stock offer to buy Yahoo for $31 a share, in a deal valuing the company at $44.6 billion.

"We have great respect for Yahoo!, and together we can offer an increasingly exciting set of solutions for consumers, publishers and advertisers while becoming better positioned to compete in the online services market," said Microsoft Chief Executive Steve Ballmer. "We believe our combination will deliver superior value to our respective shareholders and better choice and innovation to our customers and industry partners."