On April 11, 2011

Level 3 Goes Out on a Limb With $3B Global Crossing Deal

Level 3 has announced plans to buy Global Crossing for $3 billion in a stock-for-stock transaction. Level 3 will also assume Global Crossing's $1.1 billion debt. This transaction creates a company with pro forma combined 2010 revenues


On April 11, 2011

Rising Prices Could Slow Consumer Spending

Nearly three- quarters (74%) of Americans  believe higher prices could slow their spending in the coming months, according to a new survey from Deloitte.

The survey found that mobile and social connections are helping shoppers make better buying decisions in…