Nortel Networks Corp. , once North America’s largest communications equipment provider, wants a bankruptcy judge to settle a dispute over Avaya Inc. ’s $915 million purchase of the corporate networks business that was completed last year.
New Jersey Governor Chris Christie appointed an independent reviewer to investigate any suspected misconduct in his office, among the recommendations in an internal analysis of the George Washington Bridge traffic jams.
The moonscape highways around Fort Lee, New Jersey, have left cracked axles, bent rims and chunks of tire strewn across the lot at George Washington Bridge Towing. While the traffic jams Governor Chris Christie’s crew engineered here are gone, these broken vehicle parts show that the consequences of their boss’s economic choices endure.
Verizon Wireless, bowing to competitive pressure from T-Mobile US Inc. and AT&T Inc., said it will double monthly data allowances for some customers and include international text messaging under existing plans.
Avaya Inc. , the phone-equipment maker owned by private-equity firms Silver Lake and TPG Capital, may file for an initial public offering that would seek to raise about $1 billion, according to a person with direct knowledge of the matter.