AT&amp;T Decries California Rate Hikes
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AT&amp;T Corp. said Thursday that California&#39;s decision to raise wholesale telephone rates will decrease competition between local carriers.
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AT&amp;T Corp. will pay $100 million to end a class-action lawsuit by investors who accused AT&amp;T and former Chairman C. Michael Armstrong of lying about its outlook to boost its share price, the company said on Tuesday.
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Markets were rattled after the chief executive of AT&T suggested a weaker economy was forcing consumers to scale back spending.
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SAN ANTONIO, Dec. 8  /PRNewswire-FirstCall/ -- AT&T Inc.  today announced the company's speaking schedule at the 2007 International Consumer Electronics Show (CES) in Las Vegas in January.
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AT&T today announced layoffs affecting more than 20% of its workforce, far higher than the 8% it had said earlier in the year would be laid off.
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By David Ranii, The News & Observer, Raleigh, N.C.  Dec. 9--Time Warner Cable is raising its rates for standard TV service  again -- and, once more, it's outpacing inflation.
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AT&T Corp. will cut more than 20 percent of its workforce this year, ratcheting up its planned layoffs from a previously estimated target of 8 percent, the long-distance telecommunications carrier announced Thursday.
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AT&T Inc  said on Tuesday it saw softness in its consumer business, spooking investors who thought telecoms would be sheltered from the U.S. economic slowdown and helping drive the Standard & Poor's 500 stocks index to its worst five-day start to a year ever.
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Internet radio gets ready for a fight after the U.S. Copyright Royalty Board quietly releases a retroactive rate hike that could mean financial disaster from music streamers. By Eliot Van Buskirk.
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Cable television rates keep going up while prices for other communications services are going down, says the nation's chief communications regulator, and he blames local governments for blocking competition.
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HSBC, Standard Chartered, Hang Seng bank announced Thursday that they will cut their lending and saving rates despite the 25 points rate hike in the United States overnight.
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AT&amp;T Corp. (TN: Quote, Profile, Research) will cut about 7,000 jobs and reduce the value of its assets by $11.4 billion due to its retreat from traditional consumer telephone services, the company said on Thursday.
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AT&T Inc  said on Tuesday it saw  softness in its consumer business, spooking investors who  thought telecoms would be sheltered from the U.S. economic  slowdown and helping drive the Standard & Poor's 500 stocks  index to its worst five-day start to a year ever.
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LOS ANGELES/PHILADELPHIA  - California's insurance  commissioner on Tuesday ended his opposition to Anthem Inc.'s  ATH.N proposed $16.5 billion acquisition of WellPoint Health  Networks Inc. WLP.N after Anthem agreed to hike its funding  of state health projects.
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AT&amp;T Corp. two decades ago employed more than 1 million people in the United States. The recent announcement that AT&amp;T will cut its work force 20 percent to 49,000 by year&#39;s
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By John Patterson Daily Herald State Government Editor  SPRINGFIELD - Phone companies including AT&T are asking state lawmakers to clear the way for their entry into the television market, potentially giving the cable industry its most serious competition to date.
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AT&amp;T Corp. is trimming the price of its new Internet-based telephone service for the second time in six months, prompting a top rival to follow suit.