WorldCom Inc.'s admission that it fabricated $3.9 billion in profits is likely to have implications for Abe Pollin's Washington Sports & Entertainment group, and could lead to MCI Center eventually ...

Cable and Wireless PLC of Britain said Wednesday, as expected, that it had agreed to acquire MCI Communications Corp.'s Internet business for $1.75-billion. The deal was accompanied by the Justice ...

Critics of telecommunications giant WorldCom (now renamed MCI) blasted its bankruptcy reorganization plan during a U.S. Senate committee hearing Tuesday, saying the plan in place neglects to punish ...

reorganization plan under Chapter 11. The objection is spurred by new allegations that MCI, formerly WorldCom, rerouted traffic to Canada to avoid paying calling charges. These charges in turn were ...

Electronic Data Systems Corp. has agreed to pay $187 million to settle a series of longstanding disputes with WorldCom Inc.'s MCI unit. WorldCom and Plano, Texas-based EDS are asking a bankruptcy ...

WASHINGTON (CBS.MW) -- MCI, the company formerly known as WorldCom, said a U.S. bankruptcy judge on Friday approved the company's plan to emerge from bankruptcy protection. "This is a great day for ...

WorldCom, now known as MCI (again), had a big week last week. The troubled carrier filed its reorganization plan, hired a new chief financial officer and moved its headquarters from Clinton, Miss., to ...

JACKSON, Miss. -- MCI Group, the nation's second-largest long-distance company, will raise rates sharply on some calling plans starting next month as a way to steer customers to its more lucrative ...

Sometimes it's best not to say anything _ not only when there's nothing nice to say, but also when you're simply not sure what to say. That advice holds especially true for public companies that are ...

WASHINGTON, July 31 -- The U.S. General Services Administration today announced the proposed debarment of MCI WorldCom from receiving new Federal government contracts. GSA has been closely monitoring ...