Wednesday, April 7, 2010 as of 11:14 AM ET
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Read More at Wikipedia ›Mobile USA reported it lost more than a half million of the most lucrative customers in this year's first three months, marking the 15th straight quarter of contract user losses.
The drop puts the carrier further behind AT&T Inc. (T) and Verizon Wireless (VZ) in the race to lock users into two-year commitments and could make T-Mobile's recovery even more difficult after regulators blocked its plan last year to be taken over by AT&T for $39 billion.T-Mobile, the fourth-biggest U.S. carrier, put its strategic plans on hold last year while awaiting government approval of the AT&T deal and watched its subscriber rolls shrink. The Bellevue, Wash.-based company is the largest remaining carrier without the Apple Inc. (AAPL) iPhone, another competitive advantage that has hurt its ability retain users.Chief Executive Philipp Humm vowed to return the company to customer gains. "We've always said that in 2013, 2014 is when we want to be net positive" on contract customer gains, Humm said in an int...Thinking about collecting March Madness bets through PayPal? Think again.E Bay ’s (NASDAQ:EBAY) PayPal has restricted some accounts for their apparent participation ...
A federal judge ordered Motorola Mobility Inc. (MMI) and Google Inc. (GOOG) to turn over information about their merger and the search giant's Android operating syst...
"Made in China " just took on a new twist, at least for one American bank. Citibank has just been given the green light to issue credit cards in the notoriously rest...
The trial to decide who should pay for the 2010 Gulf of Mexico oil spill has been delayed by a week, to allow BP Plc to try to cut a deal with tens of thousands of b...
The London Stock Exchange Group is to provide real-time market data to Google , bolstering the search-engine's Google Finance offering with free access to London pri...
Fresh off last week’s earnings dud, daily deals site Groupon (NASDAQ:GRPN) is reportedly planning to retool its website to include “thumbs up” and “thumbs down” butt...
An agreement announced Thursday by Greek politicians for newer and harsher austerity measures that likely paves the way for yet another bailout for the debt-addled c...
If you’ve got a few tons of stuff to ship several thousand miles, today is your lucky day.That’s because shipping rates have just gone negative.According to Bloomber...
News Corp. (NASDAQ:NWSA) tapped former Bloomberg LP CEO Lex Fenwick to head up the media giant’s Dow Jones division.The hire will put Fenwick in charge of a unit tha...
The Baltic Dry Index, which was once seen as a leading economic indicator, is plunging -- but no one seems to care.In the past, a precipitous decline in this index, ...
The question of whether or not Greece will default seems moot at this point. Greece is in the process of defaulting. The only question is whether the default will be...
Tim Geithner, one of President Barack Obama’s closest economic advisers, has no intention on staying on as Treasury secretary if Obama wins a second term.Geithner, w...
Yahoo Inc's largest outside shareholder said the Internet company should make its finance chief or head of media the interim chief executive because of the controver...
In a potential breakthrough in its long-running standoff with the West, Iran is reportedly considering a proposal to halt the expansion of its nuclear program to avo...
FNC’s Andrea Tantaros on the need for the presidential candidate to solidify his campaign slogans.
The chairman of Augusta National avoided directly answering questions on Wednesday about whether or not the home of the Masters will permit IBM's (NYSE:IBM) female C...
Shares of Amylin Pharmaceuticals Inc (NASDAQ:AMLN) rose as much as 51 percent on Wednesday after Bloomberg News reported the company rejected a $3.5 billion unsolici...
Realizing that an initial public offering is likely not in the cards, the Treasury Department is reportedly nudging government-owned Ally Financial toward a breakup ...
The owners of the New York Mets baseball team have agreed to pay $162 million to settle allegations that they turned a blind eye to Bernard Madoff’s massive Ponzi sc...
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