Nightly Business Report (PBS) - 1999-12-22

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Read a transcript preview of “Nightly Business Report (PBS) - 1999-12-22” from malgent, uploaded on 2025-10-03.

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Language: English (YouTube automatic captions)

[0:00] [Music]

[0:08] The changing face of telefan is changing

[0:11] again. Bell Atlantic gets permission to

[0:13] sell long-distance phone service. The

[0:15] first time in years a baby bell can do

[0:18] that. Good evening. I'm Paul Kangas

[0:21] >> and I'm Lind Brian. Susie Garb is off

[0:23] tonight. A relatively quiet day on Wall

[0:26] Street as investors take a preh holiday

[0:28] breather. The Dow gains three. The

[0:30] Nasdaq closes up 26. Then it is

[0:34] everywhere in our lives. But is it ready

[0:36] for Y2K? We'll look at the end ofear

[0:39] readiness of the oil industry.

[0:43] >> Nightly Business Report is brought to

[0:45] you by

[0:47] Compact, makers of Compact Non-Stop EBUS

[0:51] solutions for companies who know that

[0:53] the online world never stops. So their

[0:56] information systems can't stop either.

[0:58] [Music]

[1:00] Franklin Templeton serving investors for

[1:03] over 50 years. Franklin Templeton and

[1:06] Mutual Series investment products

[1:09] distributed by investment professionals.

[1:12] The financial consultants of AG Edwards

[1:16] committed to making investors

[1:17] comfortable with their investments, with

[1:20] their futures. AG Edwards be

[1:23] comfortable.

[1:25] and is produced in association with

[1:27] Bridge, the global financial information

[1:30] company, providing real time and

[1:32] historical market data analysis and

[1:35] news.

[1:36] [Music]

[1:38] >> Good evening everyone. A landmark

[1:40] decision today for Bell Atlantic. The

[1:42] Federal Communications Commission gave

[1:44] it permission to sell long-distance

[1:46] service, a business it was barred from

[1:48] when Ma Bell was broken up 15 years ago.

[1:51] But Bell Atlantic's competitors say the

[1:53] FCC made the wrong call. Stephanie Woods

[1:56] reports.

[1:58] >

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