IBT Staff Reporter

51751-51780 (out of 154947)

FCC shifts subsidy fund to broadband

Regulators agreed on Thursday to change an $8 billion national communications subsidy program to put more emphasis on providing high-speed Internet access to rural areas.

Spielberg's Tin Tin opens strong in Europe

Steven Spielberg's The Adventures of Tintin enjoyed a flurry of strong opening days in Europe this week, grossing $4.7 million in France, $237,776 in Belgium and $161,549 in Holland.

Italians, Greeks skeptical over euro zone rescue plan

A deal struck by euro zone leaders Thursday to contain the region's dangerous debt crisis was greeted skeptically in the two countries most in the firing line, Greece and Italy, with some saying politicians were dreaming.

HP decides to keep PC division

Hewlett-Packard is retaining its personal computer unit following an extensive review that showed that a separation would have cost at least $1.5 billion in one-time expenses.

Chipmaker AMD posts higher quarterly revenue

PC chipmaker Advanced Micro Devices posted higher third-quarter revenue and forecast fourth-quarter revenue above most expectations, after warning last month about problems manufacturing its new chips,

EA raises forecast on digital revenue, Star Wars

Electronic Arts Inc's second-quarter results beat Wall Street estimates and the video game maker raised its earnings forecast because of the upcoming holiday title Star Wars: The Old Republic, which it expects to be a hit.

Avon under fire from Feds and Wall Street

U.S. regulators are formally investigating whether Avon broke bribery laws overseas, and the cosmetics company said it was again reassessing its strategy after quarterly profit fell far short of expectations.

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