| Nov 3, 2014
| 3:00 PM
Wireless carrier Sprint Corp. says it is eliminating 2,000 jobs, or about 5% of its staff, as part of an effort to cut $1.5 billion in annual spending.
The company said the cuts will be made over the coming weeks and months, and it is still...
| Nov 4, 2014
| 5:36 AM
Sprint Corp announced on Monday it will fire 2,000 employees and it cut its 2014 adjusted earnings forecast as the company attempts to reduce costs and turn around several quarters of losses.
The layoffs are expected to lower labor costs by $400 million...
| Oct 13, 2014
| 12:18 PM
French telecom company Iliad SA says it has dropped its bid to buy a majority stake in wireless carrier T-Mobile US.
Iliad, which is smaller than T-Mobile, made a surprise offer of $15 billion for a 57 percent stake in T-Mobile in July. At the time,...
| Oct 7, 2014
| 4:30 PM
Masayoshi Son, the telecommunications mogul behind Tokyo-based SoftBank, has become the first Japanese player in nearly 25 years -- since Matsushita's purchase of Universal Studios -- to buy his way into Hollywood.
With the entertainment industry still...
| Sep 29, 2014
| 11:27 AM
Shares of DreamWorks Animation rose almost 30% on Monday after news of a proposed acquisition by Japanese telecommunications giant SoftBank Corp.
SoftBank, which controls Sprint Corp. and recently dropped a bid to acquire T-Mobile, has offered to buy...
| Sep 28, 2014
| 10:30 AM
With its former focus on software wholesaling and its makeover as a technology investment holding company, Japan's Softbank has rarely been sexy enough to make the front pages of the entertainment press.
Now the company's mooted bid for DreamWorks...
| Jun 2, 2014
| 11:58 AM
Thirty-three Illinois companies made the 2014 Fortune 500 list, Fortune magazine’s annual ranking of the top 500 corporations by gross revenue after adjustments and excise taxes.
The figure is up from 32 companies that landed on the 2013 list...
| May 22, 2014
| 4:04 PM
T-Mobile, AT&T and Verizon have separately announced the launch of VoLTE, the latest in wireless networks. But what exactly is it and how will it affect consumers?
Here's a quick guide:
VoLTE stands for Voice-over-LTE, and essentially, it is a...
| Aug 6, 2014
| 3:47 PM
Verizon Wireless, AT&T, Sprint and T-Mobile are not providing consumers with enough information about their data-throttling practices as required by a regulatory rule, according to a consumer group.
Public Knowledge said the four companies are violating...
| Mar 26, 2013
| 9:41 AM
When Crunch Fitness took over the Bally's Total Fitness gym location in Newport News, Mickey Marcella, of Newport News, wanted a refund on his contract since the new owners removed the swimming pool and sauna facilities.
Joseph David, of Virginia Beach,...
| Nov 3, 2013
| 7:29 AM
|| Rank || Rank '12 || Company (Local subsidiary) || 2013 Full-time || 2013 Part-time || 2013 Total || 2012 Total ||
|| 1 || 1 || Walt Disney Co. (Walt Disney World) || 43700 || 26200 || 69900 || 66700 ||
|| 2 || 2 || Adventist...