Phone merger, if approved,would cut at least 10,000 jobs
NEW YORK -- AT&T Inc. plans to cut up to 10,000 jobs, mostly through attrition, if its $67 billion purchase of BellSouth Corp. goes through, AT&T's chief financial officer said Monday.
Rick Steves builds travel business
EDMONDS, Wash. -- Sprinting his way through Europe each summer, as he has for the last 32 years, Rick Steves often steals lunch from breakfast, stuffing a couple of pieces of bread and some meat into his backpack.
Consumer groups vow to oppose AT&T, BellSouth merger
NEW YORK -- Several of the nation's largest consumer groups said Monday they would oppose AT&T's purchase of BellSouth Corp., arguing that the deal will reduce competition and drive up prices in the telecommunications industry.
NYSE to become publicly traded
NEW YORK -- When the New York Stock Exchange transforms into a publicly traded company Tuesday, its agenda -- staying competitive with faster all-electronic markets -- will remain in place even as its corporate structure changes.