Bloomberg News
Comcast tests do-it-yourself install kits for phones
Comcast Corp., the largest U.S. cable-television provider, plans to reduce costs to install telephone service in millions of homes by having customers do it...
Apple cuts iPhone price by $200, unveils new iPods
Apple Inc. CEO Steve Jobs last week cut the price of the iPhone by $200 and unveiled iPod media players with touch screens and...
Amgen scores victory in anemia-drug patent suit
Amgen Inc., the world’s biggest biotechnology company, said a U.S. judge last week ruled that Roche Holding AG’s new anemia drug, Mircera, infringes an...
Verizon profit rises as wireless customers increase
Verizon Communications Inc., the second-biggest U.S. phone company, said quarterly profit rose on an increase in mobile-phone subscribers, and its wireless unit agreed to...
GAO asks for lender controls at U.S. Education Dept.
The U.S. Education Department has no oversight in place to monitor financial arrangements between colleges and lenders and has tried only twice in 20...
Google-DoubleClick deal probed by House, Senate
Two U.S. congressional subcommittees are investigating whether Google Inc.’s $3.1 billion purchase of DoubleClick Inc. will stifle competition in the online advertising market.
The Commerce,...
1031 Tax Group to borrow $142M to repay customers
1031 Tax Group LLC, a trust that holds proceeds from property sales for clients, said Stillwater Capital Partners Inc. agreed to loan it $142...
U.S. airline delays worsened in May, for 5th month
U.S. airline delays worsened in May for a fifth straight month, and the passenger-complaint rate surged 45 percent, the Transportation Department said.
Only 77.9 percent...
Toyota, Honda, Nissan U.S. sales rise, GM, Ford fall
Toyota Motor Corp. and other Japanese automakers have posted monthly U.S. sales increases for the fifth time this year, consolidating their gains against General...
McAfee: Cyber-criminals exploit networking sites
Criminals are exploiting social networking Web sites such as MySpace, Facebook and Bebo to trick and defraud users, according to a report from McAfee...
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