XML US Business News

FCC Broadband Plan: No One Loves It

published about 3 hours ago
FCC Broadband Plan: No One Loves It
An emerging FCC plan to give the agency more authority to regulate traffic on broadband Internet networks is shaping up as the classic Washington compromise. No one loves the idea, and everyone is sure it will wind up in court.

Mexico Plans Broadband Overhaul

published about 3 hours ago
Mexico Plans Broadband Overhaul
Mexico’s planned construction of a $10 billion broadband network, with more than 20,000 antennas, could provide an alternative to Mexico’s dominant carrier, Telcel, which is owned by billionaire Carlos Slim.

Miner BHP Spurns Bigger is Better

published about 3 hours ago
Miner BHP Spurns Bigger is Better
BHP Billiton is the world’s largest mining company by market value with operations in 25 countries. So what’s one of the first things its chief executive advised his board when he joined: Break it up.

Marion Energy's U.S. Unit Files for Chapter 11

published about 3 hours ago
The U.S. unit of Australian oil and gas company Marion Energy Ltd. on Friday filed for Chapter 11 bankruptcy protection.

Virgin Galactic Spaceship Crashes, Killing One

published about 4 hours ago
Virgin Galactic Spaceship Crashes, Killing One
A Virgin Galactic rocket ship that was supposed to take the first space tourists next year—starting with billionaire entrepreneur and company founder Richard Branson—exploded during a test flight, killing one pilot.