Reuters -

NEW YORK (Reuters)—Cingular Wireless on Monday posted a fourth-quarter loss as expenses rose due to its purchase of AT&T Wireless, but it added roughly twice the number of subscribers Wall Street expected. Cingular, the biggest U.S. mobile provider, posted a loss of $497 million, compared with a profit of $16 million a year earlier. The […]

WASHINGTON (Reuters)—A federal grand jury on Monday indicted six former executives of Time Warner Inc.s America Online unit and former business partner PurchasePro.com on charges of conspiracy to inflate revenues. The six men, including PurchasePros former chief executive officer Charles Johnson, were accused of conspiracy, securities fraud, obstruction of justice and wire fraud. In several […]