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AT&T drops $39B T-Mobile bid; ‘duopoly’ averted

AT&T Inc. is hanging up on its $39 billion bid to buy smaller wireless provider T-Mobile USA, nearly four months after the U.S. government raised concerns that the deal would raise prices, reduce...

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CBS to launch 3 hours of daily news on WLNY-TV

After closing on the acquisition of WLNY-TV, CBS is debuting high-definition broadcast news programming, preparing a morning show and one of only a few 9 p.m. newscasts at its stations nationwide. CBS...

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