Mike Balmoris News
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The U.S. Securities and Exchange Commission has told AT&T Inc. and other telecommunications companies they must include a resolution supporting wireless net-neutrality in annual shareholder votes.
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Most U.S. airlines quietly complied with U.S. rules that took effect Jan. 26 requiring them to include mandatory taxes and fees in published fares.
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Galleon Group LLC co-founder Raj Rajaratnam said the punishment sought by the government for his insider-trading convictions is “grotesquely severe” and should be rejected by the court. The U.S. said a long prison sentence is warranted.
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Just as his trial was set to start its second day, Umar Farouk Abdulmutallab yesterday pleaded guilty to all eight charges in the attempted bombing of a Northwest Airlines plane on Christmas Day 2009.
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Kweku Adoboli, the UBS AG trader arrested in London yesterday, admitted to causing losses while the bank’s risk-control officers were examining his trades, a person with knowledge of the matter said.
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Los Angeles Dodgers season-ticket holders, including the heirs of singer Frank Sinatra, urged a judge to let Major League Baseball Commissioner Bud Selig try to sell the bankrupt team.
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AT&T Inc. and the U.S. Justice Department agreed on a plan for handling confidential data in the government’s antitrust lawsuit seeking to block the company’s purchase of wireless carrier T-Mobile USA Inc.
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AT&T Inc. said its proposed $39 billion acquisition of T-Mobile USA Inc. is good for mobile- phone customers and that the U.S. lawsuit seeking to block the deal “fails to come to grips” with its benefits.
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AT&T Inc. and the U.S. asked the federal judge overseeing the government’s lawsuit seeking to block the company’s purchase of T-Mobile USA Inc. to deny a bid by Google Inc. to enter the case to protect its confidential data.
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AT&T Inc. was sued by Cellular South Inc., the ninth-largest wireless carrier by customers, in an effort to block its acquisition of T-Mobile Inc. based on claims their combined market power violates U.S. antitrust laws.
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