Highlights
A collection of news and information related to Consumer Electronics Industry published by Tribune Company sources.
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T to cut 12,000 jobs, 4 percent of staff
AP Technology WriterNEW YORK (AP) — Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs, about 4 percent of its work force. The Dallas-based telecommunications company, the nation's largest, said the...Tags: Layoffs and Downsizing, Collective Contract, Telecommunication Service, Dupont E I Nemours & Company, Stock Activities
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Review: MiBook is cheap, colorful e-book reader for the home; too bad about the screen
AP Technology WriterNEW YORK (AP) — Electronic books are the persistent wallflowers of the gadget world. Consumers have snubbed them again and again in favor of a 500-year-old technology: ink printed on paper. Mindful of the dominance of paper, devices for reading...Tags: Sony Corp., Mass Media, Dining and Drinking, Computer Hardware, Computing and Information Technology
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Windstream cuts 170 jobs, 2.3 percent of workforce; expects to pay $6M in severance benefits
LITTLE ROCK, Ark. (AP) — Telephone and broadband provider Windstream Corp. said Thursday it will cut 170 jobs from its workforce because of declining revenue from its landline business. Windstream spokesman David Avery said the cuts include...Tags: Layoffs and Downsizing, Retirement, Unemployment, Employees, Earnings Forecasts
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Viacom to cut 7% of workforce; MTV division takes biggest hit
In a major cost-cutting move, Viacom Inc. is slashing more than 850 jobs, or about 7% of its worldwide workforce, and freezing salary increases next year for senior managers across all divisions of the company.
The deepest cuts came at Viacom's largest...Tags: Layoffs and Downsizing, Eagle Eye (movie), Tropic Thunder (movie), Walt Disney Co., Employees
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Rocky Mountain News, oldest paper in Colo., up for sale; owner cites $11 million loss in '08
AP Business WriterDENVER (AP) — The Rocky Mountain News, Colorado's oldest newspaper, was put up for sale Thursday after its owner, E.W. Scripps Co., said it lost about $11 million on the business in the first nine months of the year. Rich Boehne, Scripps...Tags: EW Scripps Company, Corporate Crime, Janet Reno, Mass Media, Journal Register Company
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It's the NFL, live in 3-D
Someday soon, that long pass downfield by Joe Flacco will appear so close that you might be tempted to reach for it from your easy chair. Or the pass rusher swarming the Ravens quarterback will seem so real that you'll be ducking along with Flacco....Tags: Government, Art Modell, New England Patriots, Multi-Sport Events, National Football League
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Philips Electronics issues profit warning, expects new charges and write-downs of $1.5 billion
AP Business WriterAMSTERDAM, Netherlands (AP) — Royal Philips Electronics NV issued a profit warning Thursday, saying its markets are deteriorating and that it expects additional charges and write downs of euro1.2 billion ($1.51 billion) in the fourth quarter. The...Tags: Electronics, Consumers, Sales, Philips Electronics
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Blumenthal Seeks To Help Tweeter's Customers
State Attorney General Richard Blumenthal promised Wednesday night to do all he can to help Tweeter customers recover the hundreds of thousands of dollars in cash and merchandise that has been seized in the company's bankruptcy proceedings. As Tweeter...Tags: Diesel Fuel, Financially Distressed Companies, Court Administration, Employees, Richard Blumenthal
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Corrections and clarifications, Dec. 04, 2008
•An article Wednesday in The Talk on an effort in two Milwaukee neighborhoods to print a local currency incorrectly described the potential benefit of the local currency to a consumer. Under the example cited, a consumer could trade $100 in U.S....Tags: Consumers, Lincolnwood, Radio Industry, Television Industry
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Google searches for ways to dial back spending
Matthew Rosenberg, Yaroslav Trofimov and Zahid Hussain, The Wall Street JournalCorporate austerity is reaching one of the most extravagant spenders of the boom years. Google Inc. has begun to tighten its belt. For much of its 10-year history, Google spent money at a pace that was the marvel of Silicon Valley. It hired by the...Tags: Networking, Engineering, Advertising, Pets and Pet Supplies, Google Inc.
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Consumer group accuses medical device makers of misusing online video promotions
AP Business WriterWASHINGTON (AP) _ A consumer watchdog group on Wednesday questioned the legality of several advertisements for medical devices that appear on YouTube and called on regulators to crack down on the promotions. Online videos from Abbott Laboratories,...Tags: Consumers, Instrument Engineering, Sales, Medtronic Incorporated, Abbott Laboratories
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Tentative Price A Step Behind
The Hartford CourantJim Calhoun knew it might take a while for A.J. Price to feel and look like the player he was last season. That doesn't mean the UConn coach is shrugging off Price's early-season struggles. It doesn't mean Calhoun isn't looking for ways to get Price back...Tags: Jim Calhoun, University of Connecticut, Chicago Bulls, NCAA Tournament
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Dec 3, 2008
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