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Senate antitrust leader opposes AT&T/T

The head of the Senate’s committee on antitrust wants regulators to put a kibosh on AT&T’s proposed $39 billion bid to buy T-Mobile USA. Sen. Herb Kohl (D-Wis.) Congress.gov Today, Sen. Herb Kohl (D-Wis.), who heads up the Senate Judiciary Antitrust Subcommittee, asked regulators in a letter to block the proposed merger, stating that the merger would be “highly dangerous …

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Nokia’s uphill battle to recovery

Expectations for Nokia’s second-quarter earnings couldn’t be any lower. But what about the future? The Finnish company, which is still the No. 1 cell phone manufacturer in the world in terms of volume, has been struggling to keep up with competitors Apple and Google. The company reports its second-quarter earnings tomorrow. In an effort to jump-start its ailing smartphone business …

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