KANSAS CITY, Mo. — Sprint Nextel Corp. showed more signs Thursday that its recovery will be long and painful as it recorded a massive fourth-quarter loss, predicted continued customer weakness and pulled the plug on paying dividends.
Sprint Nextel yesterday reported a $29.45 billion fourth-quarter loss and said legions of subscribers continue to abandon its service, many because they can’t pay their bills.
The chairman of the Federal Trade Commission, Deborah Platt Majoras, plans to step down next month, the agency announced yesterday.
SAN FRANCISCO — Google, already the world’s most popular spot for finding Web sites, is aiming to become the go-to place for creating Web sites too.
The organizer of a federal hearing Monday at Harvard Law School on Comcast’s treatment of subscriber Internet traffic said yesterday that “seat-warmers” hired by the company prevented other people from attending.
