EarthLink will acquire Southeastern telecom company ITC DeltaCom in a deal valued at $516 million, the Internet service provider announced Friday. Earthlink views the acquisition as an opportunity to grow its corporate business…
Blockbuster’s long anticipated bankruptcy filing is apparently headed down the final stretch and could come by the end of the week. One of the cost-cutting moves the video chain is teeing up calls for 500 to 800 additional stor…
GMAC Mortgage told its agents and brokers to stop foreclosures on homes in 23 states, including Florida, Illinois, Indiana and Ohio.
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Robert Moffat, a former executive at International Business Machines, was sentenced to a six-month prison term and a $50,000 fine after pleading guilty in the Galleon hedge fund insider-trading case.
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Shares in Lululemon Athletica rallied sharply Friday after the maker of yoga-inspired athletic apparel reported better-than-expected second-quarter earnings and raised its full-year outlook.
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