On this day

October 29, 2001

Revisit the news, notable people, and historical moments connected to this date.

Historical Context for October 29, 2001

In 2001, the world population was approximately 6,254,936,459 people[†]

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Headlines from October 29, 2001

G.M. Agrees to Sell Its Satellite TV Unit In $26 Billion Deal

By Andrew Ross Sorkin and Seth Schiesel

General Motors, in deal certain to draw scrutiny from regulators, will sell Hughes Electronics, owner of DirecTV, to EchoStar Communications for about $26 billion in cash and stock; sale would combine nation's two largest satellite television companies, creating behemoth with 16.7 million subscribers or more than even biggest US cable television company; EchoStar would control more than 90 percent of satellite television services for homes in US; combined company would use EchoStar name and adopt DirecTV brand for services; likely opposition to merger by federal regulators discussed; opposition by at least 10 members of Congress, including chairmen of several powerful committees, noted (M)

Business/Financial Desk1401 words

NextWave, Seeking Settlement, to Pay Wireless Companies

By Simon Romero and Andrew Ross Sorkin

Bankrupt NextWave Telecom reaches accord to pay Verizon Wireless over $100 million and AT&T Wireless about $25 million to speed settlement in which it would emerge with some $5 billion from resale of licenses to provide wireless service and government would get about $11 billion; Verizon, which acquired most of licenses in January, and AT&T have reportedly been pressing NextWave to settle; federal court has ruled that Federal Communications Commission improperly seized and resold licenses after NextWave defaulted on payments (M)

Business/Financial Desk639 words

Critic's Notebook; Dramatic Events That Rewrite the Script

By Caryn James

Caryn James Critic's Notebook article on television drama series that will address World Trade Center disaster in coming weeks, defying predictions that television would not grapple with Sept 11 events in fictional terms for years; notes no show has yet depicted attacks themselves, instead cautiously circling around them; sees speed and immediacy of response speaking to central role of television as nation comes to terms with disaster; photos (M)

The Arts/Cultural Desk1718 words

Metro Matters; Praying For a Son To Be in Jail

By Joyce Purnick

Metro Matters column notes that Talat Hamdani did not go to yesterday's memorial service for victims of Sept 11 attack because she does not believe, as she did once, that her son, missing since that day, is gone; she is holding on to reed of hope that her son Mohammad Salman Hamdani is being held in prison under suspicion because he is Muslim and his first name is Mohammad (M)

Metropolitan Desk783 words

BUSINESS DIGEST

By Unknown Author

Qualcomm to Unveil System To Improve Aviation Safety Qualcomm, a leading wireless technology company, intends to announce plans today that it hopes will breathe life into Globalstar Telecommunications, the money-losing satellite company in which it holds a minority stake. In response to the terrorist attacks on Sept. 11, Qualcomm says it has developed an airborne communications system that can be used to improve existing aviation safety services. The technology functions on Globalstar's 48-satellite system, which allows two-way communications between aircraft and a ground-based network. [Page C2.]

Business/Financial Desk569 words

A Year Only As a Best Seller At No. 1 Chain

By David D. Kirkpatrick

Barnes & Noble begins to remove books from its best-seller list after 12-month limit; says goal is to give new books prominence; has contributed indirectly to soaring best seller sales by promoting and discounting titles to lure customers (M)

Business/Financial Desk1141 words

UAL Board Ousts Chief Unexpectedly

By Laurence Zuckerman

UAL Corp board ousts chairman and chief executive, James E Goodwin, embattled head of UAL's United Airlines unit; names John W Creighton Jr to succeed him; Creighton comments on plans, interview (M)

Business/Financial Desk1079 words

'Oprah' Gaffe By Franzen Draws Ire And Sales

By David D. Kirkpatrick

Jonathan Franzen draws literary world's censure by questioning Oprah Winfrey's literary taste and declining to appear on her television program even though sales of his book, The Corrections, soared after being selected by her book club; apologizes for seeming to draw distinction between low and high literary culture, interview; photos (M)

The Arts/Cultural Desk1343 words