Archive: 07/23/2014

Cheaper wireless plans cut into AT&T 2Q profit

(AP)—AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.

dateJul 23, 2014 in Business
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Facebook 2Q earnings, revenue soar (Update)

(AP)—Facebook is on a roll. The world's largest online social network posted sharply higher earnings on Wednesday as revenue from mobile advertising continued to grow, and more people used it, more often.

dateJul 23, 2014 in Business
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EU sets new energy savings target at 30%

After months of tough negotiations, the European Commission recommended Wednesday a new energy savings target of 30 percent so as to combat climate change and ensure self-sufficiency.

dateJul 23, 2014 in Environment
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