- Israel hits symbols of Hamas rule; scores killed
- Mississippi abortion law can’t be enforced
- Teacher who survived Sandy Hook has book deal
- Jury awards Jesse Ventura $1.8M in case vs. ‘American Sniper’ author Chris Kyle
- Middle Eastern firm’s deal to manage U.S. cargo port raises security concerns
- Bob McDonnell’s defense: Lonely wife developed ‘crush’ on CEO
- Chinese hackers stole ‘huge quantities’ of sensitive data on Israel’s Iron Dome
- House Republicans unveil bill to speed deportations of border children
- Californians protest middle school for hiring white man to teach cultural studies
- Killer’s sentencing overturned because mother couldn’t find seat in courtroom
Topic - Mel Karmazin
Satellite radio company Sirius XM Radio named one of its executives, James Meyer, as its interim CEO while it looks for a replacement for Mel Karmazin.
Sirius XM Radio said Tuesday that CEO Mel Karmazin plans to step down early next year.
XM Satellite Radio and Sirius Satellite Radio said they plan to keep the approximately 800 employees based in the District and their local building if their proposed merger is approved.
"If you turn on the satellite radio, you're not listening to AM radio and FM radio," Mr. Karmazin said of why the NAB doesn't want the deal to be approved. "This merger is in the public interest."
"It was very important for XM to continue, after the merger, to be headquartered in Washington, D.C.," Mr. Karmazin said. "We've even said we won't have less employment here in the District than we already have."