NEW YORK, Feb 28- Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. On lodging for the May 2 annual meeting in Omaha:. Airbnb's services may be especially helpful to shareholders who expect to spend only a single night in Omaha and are aware...
PORTLAND, Maine— FairPoint Communications said it needed to bring costs and benefits into sync with competitors in the telecommunications industry. Workers said during a four-month strike in northern New England that the company was positioning itself for potential sale, and a Wall Street analyst said shareholders are pressing for one.
Alex Juarez, a spokesman for Internet service provider CenturyLink, said the problem was first reported around noon Wednesday, with customer complaints pouring in from an area extending from the northern edges of Phoenix to cities like Flagstaff, Prescott, Page and Sedona. CenturyLink blamed vandalism, and police are investigating. The severed CenturyLink-...
Businesses couldn't process credit card transactions, ATMs didn't function, law enforcement databases were unavailable, and even weather reports were affected in an area stretching from north of Phoenix to Flagstaff, about 100 miles away. CenturyLink spokesman Alex Juarez said the problem was first reported around noon. Phoenix police said CenturyLink...
BOISE, Idaho— Lawmakers have approved a $3.6 million emergency funding bill to sustain Idaho's troubled broadband program for a handful of months. Idaho law forbids using taxpayer money on illegal contracts, so lawmakers had to approve a new funding bill in order to maintain Internet access and video conferencing. Idaho lawmakers are under a tight timeframe...
Oct 17- Shares of fiber network company Zayo Group Holdings Inc jumped as much as 20 percent in their market debut on Friday as investors bet on the growing demand from businesses for ultra-fast Internet. The stock touched a high of $22.85 on the New York Stock Exchange, valuing the company at about $5.35 billion. The offering raised about $400 million after it was...
Corporate America may have another tax-avoidance trick up its sleeve, what some are calling 'outversions.'
Stocks fell Tuesday as geopolitical issues came back into play, offsetting upbeat earnings.
Some of Tuesday's midday movers:
U.S. cable and fiber Internet providers usually deliver the advertised download speeds, while DSL connections increasingly fall short, the FCC said.
Level 3 Communications said it would buy internet services provider TW Telecom for $40.86 per share in a cash and stock deal.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
The relatively sharp jump in interest rates since the beginning of May has taken a toll on the stock market, and analysts see more pain ahead.
Hackers on Tuesday launched cyberattacks that affected websites in a planned campaign called "Operation USA."
Comcast reported earnings that topped Wall Street analysts' estimates by a penny a share on Wednesday, driven by gains in its cable and theme park businesses.
Take a look at some of Thursday's midday movers:
That's classified! Not anymore. US agencies like the FBI will begin sharing some classified information with companies to help prevent hack attacks.
If there’s one thing that can shred profits with little or no hope that they will ever recover, it’s this.
The "Mad Money" host comments on viewers' favorite stocks!
One company stands out as the year's top short for market bear Brad Lamensdorf.