Chevron, Boeing and other companies whose fortunes are heavily dependent on government action or inaction were among the companies that gave $23 million to President Obama for his inauguration party, with the politician who ordinarily demonizes corporate money relying primarily on such sources, rather than individuals, for the $44 million gala in January.
AT&T Inc. is scoring a win over rival Verizon Wireless as it takes over the contract to supply wireless connections to cars with General Motors' OnStar service.
Cellphone companies say their networks are largely up and running after a blizzard dumped up to 3 feet of snow on New England.
Phone companies topped off fuel at cell-tower generators in Northeastern states Friday, preparing for a storm that could bring power outages, and with them, a loss of cell service.
After lengthy delays, Research In Motion Ltd. unveiled its first two phones with the new BlackBerry 10 system. The Q10 will have a physical keyboard, while the Z10 has only a touch-screen keyboard. RIM says it will also change its name to BlackBerry to maintain a single brand. It will have the ticker symbol "BBRY" on the Nasdaq Stock Market.
Verizon Wireless said Friday that it's selling space on the airwaves to AT&T Inc. in exchange for $1.9 billion and the transfer of some airwave rights from AT&T.
The launch of the iPhone 5 helped AT&T attract more new customers in the holiday quarter than it has in three years, but the company posted a big loss because of an annual adjustment to its pension obligations.
AT&T says U-Verse TV and internet service has been restored for most of its customers after an outage of just over three days and that it will provide credits to those affected.
