Sprint loss widens on Nextel, iPhone lifts sales

(AP) -- The impending shutdown of the Nextel network doubled Sprint Nextel Corp.'s loss in the first quarter, it said Wednesday, as it wrote down the value of the network and subscribers kept leaving it.

China bans airlines from paying EU carbon charges

China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.

FCC set to unveil rules for rural broadband fund

Federal regulators are set to reveal their plan Thursday for an overhaul of the $8 billion fund that subsidizes phone service in rural areas and for the poor, with the goal of redirecting the money toward broadband expansion.

HP to pay $16.25M to settle FCC, DOJ case

(AP) -- Hewlett-Packard Co. has agreed to pay $16.25 million to settle allegations that it showered Texas school officials with gifts to win contracts funded by a federal program that pays for Internet connections for schools ...

EU cracks down on 'cheating' electronics e-traders

More than half of all websites selling goods such as game consoles and digital cameras face closure or heavy fines for trying to "cheat" consumers, the European Union warned on Wednesday.

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