Articles By Samuel Weigley
Shares of energy giant Chevron Corp. tumbled Friday after losses from refining operations cut fourth-quarter profit to less than analysts expected.
Wireless spectrum for smartphones, and how the Federal Communications Commission is dealing with the lack of it, are the major obstacles facing AT&T in the future, CEO Randall Stephenson said.
The price of gold was up 1.57 percent in afternoon trading to $1,726.8 while the price of silver is up 1.77 percent to $33.71.
Netflix on Wednesday announced fourth quarter earnings of $40.7 million, or 73 cents a share, beating out Wall Street expectations of 55 cents a share.
The deal could help USA Today become one of the most-visited sports properties online.
Beginning in March, devices of Sprint customers will roam on other wireless networks in many parts of Kansas and all but the metropolitan areas of Oklahoma. AT&T is calling a foul on the plan.
AT&T is expected Thursday by analysts to report net income of 44 cents a share, down 20 percent from 55 cents a share.
The company struggles to make a profit from subscribers moving online for content, and is still recovering from its ill-fated plan to split its online streaming and DVD-by-mail service.
While the FCC and Department of Justice haven't indicated opposition or concern, some people point to the wireless carrier's ability to roll out its 4G wireless network as reason that it doesn't need more spectrum.
The number of people in the United States who own tablets, e-readers, or both nearly doubled following the holiday season, according to a report released Monday.