News

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MCI plans $20 bil upgrade

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MCI Communications Corp. announced Tuesday that it would spend more than $ 20 billion to update its long-distance network to handle the most advanced computer, telephone or television systems and…

Marketplace

  • Biz

N.Y. Times: Redstone reluctant

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Viacom Inc.'s chairman Sumner Redstone, with three days left to raise his bid against QVC Network Inc. in the battle for Paramount Communications Inc., is leaning against going forward, the New York…

  • TV

Searchlight finds Woody

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The Fox Television Stations, which a year ago prepared to break ties with CNN's syndicated news service, have instead signed a new five-year deal with the cable web's broadcast news wing.

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