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Breakups are tough. Just ask AT&T. On Thursday the company reported a substantial $6.7 billion loss for the fourth quarter , largely stemming from the breakup fees incurred as a result of its failed acquisition of T-Mobile USA . During the same period a year earlier, the company reported a profit of $1.09 billion, or 18 cents a share. After;
By JENNA WORTHAM; 20120127 |
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A NEW tastefully decorated living room in Manhattan may look like just another high-end home full of iPads, a 3-D television and Xbox gaming console. But this cozy sitting area in the Time Warner Center in New York isn’t in one of the complex’s residential condominiums. It’s in a laboratory, set up so that researchers can;
By AMY CHOZICK; 20120125 |
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Verizon Communications on Tuesday reported rising iPhone sales and revenue growth in its wireless business, but it booked a quarterly loss, primarily because of previously announced pension charges. The company reported a net loss of $2 billion, or 71 cents a share, for the fourth quarter of 2011, in contrast to net income of $2.64 billion, or 93;
By BRIAN X. CHEN; 20120125 |
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LOS ANGELES — Bingham Ray, a colorful indie-film executive who helped steer art-house movies like “Bowling for Columbine” and “Hotel Rwanda” to the masses, died on Monday in a hospice in Provo, Utah. He was 57. The cause was a series of strokes, according to the San Francisco Film Society, where he had only recently;
By BROOKS BARNES; 20120124 |
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Accounts ¶Airborne Inc., Minneapolis, which is majority owned by GF Capital Management, chose Gabriel deGrood Bendt, Minneapolis, to handle the advertising account for the Airborne brand of supplement. Spending on the account, which had been handled by Nelson Henry, Wayzata, Minn., was estimated at $20 million. ¶Roadside Attractions,;
By STUART ELLIOTT; 20120123 |
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HOUSTON — West Virginia lost one, until it turned up one June day on a bookshelf in the basement of a retired dentist. New York has one in a vault at a museum in Albany, but another one given to the state for safekeeping was not kept very safe, because it appears to be missing, though the attorney general’s office has started looking;
By MANNY FERNANDEZ; 20120122 |
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Does fighting help N.H.L. teams win? The question has come up ever since Fred Shero’s mid-’70s Broad Street Bullies flouted the rules of the game and brawled their way to two straight Stanley Cups — and were then dethroned by a Canadiens dynasty committed to clean play and artistry as an explicit antidote to the Flyers ’;
By JEFF Z. KLEIN; 20120122 |
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ORLANDO, Fla. — While the Republican presidential contest in South Carolina riveted media attention on Thursday, President Obama literally flew above the fray in a day that captured the perquisites of incumbency for a president facing re-election. Mr. Obama first flew on Air Force One here to Walt Disney World ’s Magic Kingdom, where he;
By JACKIE CALMES; 20120120 |
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WASHINGTON — Rick Santorum arrived on Capitol Hill as a new member of Congress in January 1991, 32 years old and bristling with the impatience of a man looking to kick up a fuss. Eight months later, he got his chance when he learned of lawmaker overdrafts at the little-known House bank. Over beers with rebellious Republican newcomers who;
By SHERYL GAY STOLBERG; 20120120 |
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The barren expanse of rocks and dirt where most of Jang Hun ’s Korean War drama, “The Front Line,” takes place is a hilly wasteland that has nothing of value beyond its strategic location near the disputed border of North Korea and South Korea. To watch the soldiers scrambling up and down slopes scarred with trenches and foxholes;
By STEPHEN HOLDEN; 20120120 |
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