REGION

REGION
Master Park owner opensstore for folding bicycles
BOARDMAN -- Moon Park, owner of Master Park Martial Arts International, is opening Hi-Ya Bike and Sports, a new bike store, at Master Park Plaza, 224 Boardman-Canfield Road.
The store will sell Hi-Ya Folding bikes and Hi-Ya Folding & amp; Automatic bikes. The bikes can be folded quickly and stored in a car trunk or back seat. The automatic models shift from low to high, or from high to low, depending on the rider's speed.
AAA survey reports spikein local gasoline prices
YOUNGSTOWN -- Prices spiked at some area gas stations. Regular unleaded prices increased about 25 cents Monday to more than $1.50 at some stations. Prices at other stations remained under $1.30.
The average price in the Youngstown-Warren area Monday was $1.37, up 5 cents from Sunday, according to a daily survey by the AAA Ohio Motorists Association.
NATION
FCC reconsiders ruleson ownership of media
WASHINGTON -- Federal regulators are considering an overhaul of media ownership rules that could prompt a flurry of mergers and takeovers among companies that own newspapers and TV and radio stations.
The Federal Communications Commission will decide whether decades-old restrictions intended to promote diverse viewpoints in the media are still needed in a market changed by satellite broadcasts, cable television and the Internet.
FCC staffers were preparing a proposal for delivery Monday to the five commissioners. The commissioners have until June 2 to consider the recommended changes.
From Vindicator staff and wire reports