Telecommunications

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US adds 236K jobs, unemployment falls to 7.7 pct.

US adds 236K jobs, unemployment falls to 7.7 pct.
By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government

Dell committee defends $24.4B sale as best choice

Dell committee defends $24.4B sale as best choice
By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major shareholders who believe the price is too low. In a four-paragraph statement released

Dell committee defends $24.4B sale as best choice

Dell committee defends $24.4B sale as best choice
By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - The Dell Inc. committee that negotiated the slumping PC maker's $24.4 billion buyout is standing behind the deal despite the misgivings of major shareholders who believe the price is too low. In a four-paragraph statement released

San Francisco's 'other' bridge prepares to shine

San Francisco's 'other' bridge prepares to shine
By LISA LEFFAssociated Press SAN FRANCISCO (AP) - After more than 75 years in the shadow of its glamorous cousin, San Francisco's "other" bridge is getting a chance to shine. The San Francisco-Oakland Bay Bridge has been turned into the latest - and by far the biggest - backdrop for New York

San Francisco's 'other' bridge prepares to shine

San Francisco's 'other' bridge prepares to shine
By LISA LEFFAssociated Press SAN FRANCISCO (AP) - After more than 75 years in the shadow of its glamorous cousin, San Francisco's "other" bridge is getting a chance to shine. The San Francisco-Oakland Bay Bridge has been turned into the latest - and by far the biggest - backdrop for New York

San Francisco's 'other' bridge prepares to shine

San Francisco's 'other' bridge prepares to shine
By LISA LEFFAssociated Press SAN FRANCISCO (AP) - After more than 75 years in the shadow of its glamorous cousin, San Francisco's "other" bridge is getting a chance to shine. The San Francisco-Oakland Bay Bridge has been turned into the latest - and by far the biggest - backdrop for New York

Mexico reverses foreign investment flows

Mexico reverses foreign investment flows
MEXICO CITY (AP) - After decades of depending on inflows of foreign capital to develop its economy, Mexico turned a corner and become a net exporter of direct investment capital in 2012, according to a report released Monday. Mexico's central bank said that Mexican corporations invested about $

AT&T to buy Alltel operations for about $780M

AT&T to buy Alltel operations for about $780M
DALLAS (AP) - AT&T said Tuesday that it has reached a deal to buy the Alltel U.S. wireless operations for about $780 million to boost its spectrum in rural areas. The Dallas telecommunications company is buying the licenses, retail stores and network assets, along with about 585,000 subscribers

Verizon posts record 4Q loss on pension adjustment

Verizon posts record 4Q loss on pension adjustment
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Verizon strengthened its position as the top dog of the wireless industry in its latest quarter by raking in new subscribers and selling millions of iPhones, but also posted a record loss. The loss of $4.23 billion, or $1.48 per share, for the

Verizon posts record 4Q loss on pension adjustment

Verizon posts record 4Q loss on pension adjustment
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Verizon strengthened its position as the top dog of the wireless industry in its latest quarter by raking in new subscribers and selling millions of iPhones, but also posted a record loss. The loss of $4.23 billion, or $1.48 per share, for the