McLEAN, Va. When WorldCom emerges from bankruptcy today, it hopes to make a fresh start, shedding $35 billion in debt, officially dropping the name tainted by an $11 billion accounting scandal and ...

Two recent high-profile government contracts awarded to MCI, the company formerly known as WorldCom, are raising questions about whether the federal government is artificially propping up the ...

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 ...

WorldCom Inc. yesterday reported a sharp decline in second-quarter earnings because of restructuring costs and a loss on declining revenue at Arlington-based MCI. WorldCom reported separate results ...

The judge overseeing MCI’s bankruptcy approved the company’s plan to emerge from the biggest bankruptcy in U.S. history, a financial reorganization that will pay back most creditors 36 cents on the ...

WorldCom Inc. is planning to announce as early as Monday that it will abandon its scandal-tainted corporate moniker and take on the name of its better-known long-distance subsidiary, MCI, according to ...

SYDNEY (ZDNet Australia)--Despite sources revealing that telecommunications provider MCI WorldCom is cutting employees from its Australian operation, the telco is remaining tight-lipped about the ...

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 ...

WASHINGTON -- The General Services Administration suspended federal business with MCI after an investigation concluded the bankrupt telecommunications giant lacks necessary internal controls and ...

Qwest dropped out of the bidding war for MCI yesterday after MCI agreed to another new deal with Verizon, rejecting a higher-priced bid from Qwest for the fourth time. “It is no longer in the best ...

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 ...