|
|
 |
Archives
(Click on the underlined
red Headline to read the full
article)
Minnesota
has steep climb to reach its broadband speed and access goals
MinnPost.com By Sharon Schmickle June 22, 2010
Ambitious goals set into state law this year call for
Minnesota
to rank among the top five in the nation in broadband speed and access
For Denied Claims, a Bit of Help in the Health Law
Fighting with a health plan over a denied claim can leave people feeling they’ve
been injured all over again
The New York Times
By Michelle Andrews June 21, 2010
The options for challenging an insurance company’s decision are limited
Four Qwest executives to join merged
company
The
Denver Post
By Andy Vuong June 21 2010
Four Qwest senior executives will remain in similar roles after the company
merges with CenturyLink, according to a regulatory filing
Former Qwest CEO Nacchio awaits
resentencing
The Denver Post
By Andy Vuong
June 21 2010
Former Qwest chief executive Joe Nacchio, 14 months into a six-year prison term
for criminal insider trading, will receive a new sentence Thursday
Colorado's
top executives' 2009 pay packages exposed
The
Denver
Post
By Aldo Svaldi
June, 20
2010
Several media outlets list Oracle CEO Lawrence Ellison as the country's
highest-paid executive in 2009 at $84.5 million
'Rambo' vs. 'blind eye' regulators:
Ex-Qwest exec battles SEC
Denver
Business Journal
by
Greg Avery
June 19, 2010
A former Qwest financial reporting director wants a federal judge to sanction
the
U.S.
Securities and Exchange Commission for continuing to pursue civil charges
against him years after the financial scandal at the Denver Company.
What to Expect in Next Year’s Health Benefits Offerings
By Walencia Konrad
June 11, 2010
RIGHT about now, as you’re dusting off your beach gear, may seem the wrong time
to talk about next fall’s open enrollment for
health
insurance
New Rules on Changes to Benefits
The New York Times By Robert Pear
June 13, 2010
WASHINGTON
The White House on Monday will issue new rules that strongly discourage
employers from cutting
health insurance
benefits or increasing the costs of
coverage to employees, administration officials say
Lawyer: Nacchio isolated, denied medicine
on trip
By P. SOLOMON BANDA
The Washington Post
June 13, 2010
The Associated Press
DENVER
Former Qwest CEO Joe Nacchio spent eight days in solitary confinement, had no
visitors for six weeks and was denied his medication for days during his round
trip between a Pennsylvania prison camp and a Denver courtroom, which included long stops at
several federal prisons along the way
Nacchio attorneys outline sentence
recommendations
Associated Press
June 11, 2010
DENVER
Former Qwest CEO Joseph Nacchio is pushing to reduce his prison sentence on
insider trading convictions by almost half and slash his fine even more
CenturyLink's POTS of Gold
By JAY PALMER
online.barrons.com MAY 22, 2010
The popularity of DSL is keeping telecom giant CenturyLink relevant
Ed Mueller: The man who made the
call to sell Qwest
By Andy Vuong
The
Denver Post
June 6, 2010
When Ed
Mueller took the helm at Qwest in August 2007, he was charged with leading a
financially stable but unwanted company
Filing: Qwest talked with two other firms before taking CenturyLink's
offer
By Andy
Vuong
The
Denver Post
June 5, 2010
Prior to accepting a takeover offer from
CenturyLink in April, Qwest held merger-and-acquisition discussions with two
other companies, including a private equity firm, according to a regulatory
filing
CenturyLink secures spot on Bloomberg's
Tech100 list
Fierce Telecom By Sean Buckley June 2, 2010
By being named to Bloomberg
BusinessWeek's
Tech 100, CenturyLink's (NYSE:
CTL) profile has risen above its small
independent ILEC roots. Bloomberg's designation comes only two months after
CenturyLink gained a spot on Fortune
500's largest
U.S.
companies list
Qwest spent $735,614 lobbying in 1st quarter
Forbes.Com
Associated Press June 1, 2010
WASHINGTON
Phone company
Qwest Communications International Inc. spent
$735,614 in the first quarter to lobby the federal government on legislation on
cybersecurity and the theft of copper phone wires, according to a disclosure
report
Nacchio taking long
road back to Pa. prison camp
The Denver Post
May 27, 2010
Attorneys for former Qwest chief executive Joe Nacchio
filed an emergency motion Wednesday to have him transported back to a
minimum-security prison camp at Schuylkill Federal Correctional Institution in
Minersville,
Pa
CenturyLink's declares 72.5 cents per share
quarterly dividend
The NewsStar
By Greg Hilburn
May 21, 2010
CenturyLink’s board of directors announced Friday that it voted to declare a
quarterly cash dividend of 72.5 cents per share payable on June 21, 2010, to
shareholders of record on June 8, 2010
Notebaert Re-Elected by Notre Dame Trustees
InsideINdianaBusiness.com Report
The
University of Notre Dame Board
of Trustees has re-elected Richard Notebaert to a second three-year term as
chairman
Qwest, CenturyTel
Lose Subscribers in First Quarter By
Melissa Korn
The Wall Street Journal MAY 6, 2010 NEW YORK
CenturyTel Inc. and Qwest Communications International
Inc., which announced a merger last month, each reported that they continued to
lose landline subscribers in their first-quarter reports Wednesday
Former Qwest CEO Reflects on Prison Life
By Al Lewis
A DOW JONES NEWSWIRES COLUMN
FOXBusiness Friday, May 07, 2010
A reader called, disappointed that no one published a photo of former Qwest (Q:
5.13, -0.08,
-1.54%) CEO Joe Nacchio making a rare court appearance this week after a
year in a prison on insider trading convictions
Nacchio makes court appearance
By Andy Vuong The
Denver Post May 04, 2010
Former Qwest chief executive Joe Nacchio sported a shaved head, goatee,
black-framed glasses and a khaki prison jumpsuit for a hearing today in which he
was granted a waiver from attending his resentencing in June
Profits rise at CenturyTel, fall at Qwest
By Steve Goldstein & Jeffry
Bartash, MarketWatch WASHINGTON (MarketWatch)
-- CenturyTel Inc. and Qwest Communications
International Inc., which plan to merge, both reported better-than-expected
earnings for the first quarter Wednesday, although their respective customer
bases shrank again
Former Qwest CEO Nacchio back in Denver
courtroom today
By
Andy Vuong The Denver
Post May 04, 2010 A year
into a six-year prison term for criminal insider trading, former Qwest chief
executive Joe Nacchio is scheduled to appear in custody at a hearing today in
U.S. District Court in Denver
U S West divestitures boosted
bottom line at expense of Qwest's future.
Along the way,
top executives from Sol Trujillo to Joe Nacchio to Dick Notebaert made hundreds
of millions of dollars as thousands of employees lost their jobs and retirees
lost their promised benefits
By
Andy Vuong The Denver
Post May 02, 2010
Over a three-month span in 1998, Qwest predecessor U S West sold its high-growth
wireless business and spun off its cable-TV division
The future of telecoms is murky at best
BILL
VIRGIN; contributing writer
The News Tribune May 2, 2010
Welcome,
readers, to another edition of “Spot the generational differences.”
Nacchio on way to
Denver
for court hearing
By Andy Vuong The
Denver Post April 30, 2010
Former Qwest chief executive
Joe Nacchio is on his way to
Denver
under a federal escort and will appear in custody at a court hearing Tuesday
Qwest in talks to invest in
network.
A hedge
fund trying to launch a high-speed wireless venture courts partners
By
Spencer E. Ante The Wall Street Journal April 29, 2010
NEW
YORK Hedge fund Harbinger Capital Partners has
tapped Sanjiv Ahuja, the former chief executive of France Telecom SA's mobile
unit Orange, to head up its risky effort to create a high-speed wireless network
in the U.S., people familiar with the matter said this week
Qwest's acquirer plans to keep decisions
local
By Andy
Vuong The Denver
Post April 27, 2010
CenturyTel, which is
acquiring Qwest, plans to inject the company with a locally focused business
model, where key service and pricing decisions are made market by market
Merger with CenturyTel
may be good news for Qwest customers
By Greg Griffin
The
Denver Post
April 25,
2010
The combination of CenturyTel and Qwest may have benefits
for Qwest customers in the form of streaming television, better access to
high-speed Internet and more bundled services, analysts said
CenturyTel to buy Qwest in $10.6 billion stock swap.
The combined
company would remain in the No. 3 spot among phone companies, behind AT&T and
Verizon
By Andy Vuong
The
Denver Post
April 23, 2010
Denver-based Qwest, a company with deep
Colorado
roots and an iconic presence in the downtown skyline, announced a $22 billion
merger Thursday that will relocate its corporate headquarters
Qwest employees anything but surprised By
Kevin Vaughan The
Denver
Post April 23, 2010
It is not clear how many of the roughly 30,000 workers now employed at Qwest
ultimately would keep their jobs once the deal is completed
Qwest shareholder suing over merger
By Steve Raabe
The
Denver
Post
April 24, 2010
A Qwest shareholder filed a lawsuit Friday against
the telecom firm alleging that Qwest's directors failed to protect shareholder
interests in the proposed $22 billion merger with CenturyTel
Nacchio resentencing set for June 22-24
The
Denver Post
April 24, 2010
Former Qwest chief executive Joe Nacchio's resentencing
has been scheduled for June 22 to June 24
CenturyLink And Qwest Probably Won't Pursue Wireless. 'We are not going to go
out and buy shirt factories,' says CEO Karl Bode
DSLReports.com April 23, 2010
As we mentioned yesterday,
Qwest and CenturyLink have announced a merger
valued at around $23.4 billion dollars (half of that being Qwest debt)
Working On the Qwest-CenturyTel Mega-Deal; Plus, Will the GC Stick Around? Amy
Miller
Law.Com ~ Corporate Counsel
April 26, 2010
The legal department for
Qwest
Communications International Inc. may have
hired two of the biggest firms in the country to handle the company's
acquisition by
CenturyTel Inc
CenturyTel-Qwest deal is a rural double-down
Steve Alexander Star Tribune April 23, 2010
Qwest Communications, Minnesota's
biggest telephone company but the smallest of the remaining regional Baby Bell
firms spun off from AT&T, is being acquired by CenturyTel Inc. of Louisiana
in a $10.6 billion stock swap
Qwest, CenturyTel announce $10.5 billion merger.
Both CenturyTel and Qwest are latecomers to the
wireless party. Now, they want to merge in a $10.5 billion deal
By Leslie Brooks Suzukamo
St. Paul Pioneer Press
April 22, 2010 Qwest
Communications International may trade its western twang for a southern drawl
next year. CenturyTel Inc., a
Louisiana
phone company, plans to buy the larger Qwest for $10.5 billion in stock, ending
years of speculation over the ultimate fate of the financially hobbled
Denver-based phone giant
More Tough Luck For Convicted Former Qwest
CEO Nacchio
Wall Street Journal Law Blog
By Dionne Searcey
We all know that you win some and you
lose some. But if you’re former Qwest CEO Joseph Nacchio, you lose some, you win
some, you lose some. . . and you lose some again
Qwest: A scrappy little company with big ambitions The
Associated Press By Catherine Tsai and
Sandy
Shore April
23, 2010
DENVER
Since the day it was created, Qwest Communications has been like the scrappy
little guy who swings for the fences but doesn't quite hit a home run
Qwest’s payroll in region nearly
$30M
Billings
Gazette
Gazette
Staff Thursday, April 22, 2010
Qwest employs 180 people in Montana
and has a payroll of $14.5 million
CenturyTel
Center,
perhaps?
By
Maggie O'Brien
WORLD-HERALD STAFF WRITER April 23, 2010
The president of the Qwest Center Omaha said Thursday that
he wants to retain the facility's name, despite the company's pending sale
What's the impact of Qwest's
acquisition on employees, service, investors? The
Salt
Lake Tribune
April 22, 2010
Here are some answers to
questions about Qwest's acquisition by CenturyTel
CenturyTel taking large bites.
The once-tiny company paid $11.6 billion for Embarq two years ago
By Greg Griffin The
Denver
Post
April 23, 2010
Qwest is the larger company in the deal with CenturyTel
announced Thursday
CenturyTel Gambles on Qwest Merger
The Wall Street Journal - Technology By Nira J
Sheth And Roger Cheng April 23, 2010
CenturyTel Inc.'s $10.6 billion deal for Qwest Communications International Inc.
is a big bet by the
Louisiana
telecommunications company that it can fight off the relentless decline in the
U.S.
local-phone business by getting bigger
CenturyTel
makes $22.4 billion bid for Qwest CNET
by Marguerite Reardon
April 22,
2010 CenturyTel agreed to buy Qwest Communications
International in a $10.6 billion all-stock deal, the companies announced
Thursday
Qwest merger
and Phil Anschutz: More riches for Colorado's richest
man? Westword By Michael Roberts
Thursday, April 22, 2010 Qwest,
the Denver-based company founded in 1966 by Phil Anschutz, is being acquired by
CenturyTel in a deal that involves the swap of $10.6 billion in stock
For 80 years, Qwest buyer
CenturyTel has grown through acquisition into national giant
Denver
Business Journal by Mark Harden
April 22, 2010
CenturyTel — the company that announced Thursday plans to buy
Denver’s Qwest — has its roots as a
Depression-era Louisiana phone
company with 75 customers
CenturyTel, seeking scale, to buy
Qwest for $10.6B
Houston
Chronicle By Peter Svensson, AP
Technology Writer © 2010 The Associated Press April 22, 2010 NEW YORK
CenturyTel Inc., the country's fifth-largest local-phone
company, said Thursday that it will buy Qwest Communications International Inc.,
the third-largest, in a stock swap worth $10.6 billion to gain the benefits of
scale in a shrinking business
Judge denies Nacchio's request for prison
furlough
The
Denver Post
By Andy Vuong March 16, 2010 A federal
judge Thursday denied former Qwest chief executive Joe Nacchio's request for a
furlough from prison
Ex-Qwest
CEO Nacchio to appear for Denver
hearing The
Associated Press April 13, 2010 DENVER
A judge wants to see former Qwest CEO
Joe Nacchio in person before agreeing to let him waive his right to attend
re-sentencing hearings on insider trading charges
Judge says Nacchio
must return for Denver
hearing By
Andy Vuong The Denver
Post Joe Nacchio, currently serving time in
Minersville, Pa., for criminal insider trading, could soon make a public
appearance in Denver
— in prison clothes
Breaking Down
the Barriers. When health-care providers exchange electronic medical records,
costs go down and patient care goes up The Wall Street
Journal By LAURA LANDRO April 13, 2010 To understand
the potential of shared health records, consider the Bottone family
Judge dismisses racketeering lawsuit
against Qwest over Dutch venture
The
Denver
Post By Andy Vuong April 12, 2010
A federal judge in
Denver
has dismissed a racketeering lawsuit filed against Qwest by the bankruptcy
trustees of its failed European joint venture,
KPNQwest
NV
Nacchio ordered to appear in court in
Denver
The
Denver
Post By Andy Vuong April 12, 2010
Joe Nacchio could soon be
back in
Denver
Colorado's
largest firms made big increases in cash reserves
The
Denver Post
By Aldo Svaldi April 8, 2010
Colorado
companies significantly boosted their cash reserves last year, a sign that the
downturn wasn't as severe as many anticipated
Judge narrows SEC lawsuit against ex-Qwest execs
Associated Press
April 2, 2009
DENVER A
federal judge has thrown out some claims in a civil lawsuit the Securities and
Exchange Commission filed against former Qwest executives, including former CEO
Joe Nacchio
Qwest launches managed
security, network management services
Supported
by IBM Internet Security Systems Computer Business Review
By Staff Reporter
March, 30 2010
Qwest Communications has
launched two new managed offerings, Qwest iQ Managed Security Service (MSS) and
Qwest iQ Network Management Service (NMS), to provide a technology ecosystem
specifically designed for businesses with 15,000 employees or fewer
Sight-impaired kids
participate in egg hunt
Waterloo
Cedar Falls
Courier
By Tina Hinz
Monday, March 29, 2010 VINTON
The hunt was on for Easter eggs Thursday. Relying on their ears, visually
impaired kids scurried toward dozens of beeping eggs, nestled in
baskets around the
gymnasium at the Iowa Braille and Sight Saving School in Vinton
Qwest
earmarks $55 million for broadband in
Arizona
Phoenix
Business Journal
by Patrick O'Grady March
25, 2010
Qwest in
Arizona
expects to spend $55 million to beef up the state’s broadband infrastructure in
rural areas
SEC suit against ex-Qwest execs
likely heading to court.
Federal officials say a settlement
isn't likely in the case on alleged accounting improprieties
The
Denver
Post
By Andy Vuong
March 27, 2010
A 5-year-old civil fraud lawsuit against former Qwest chief executive Joe
Nacchio and four others appears headed for trial — and Nacchio hopes it's
not in Denver
AT&T takes $1
billion hit as health reform closes loophole
The Associated Press By Barbara
Ortutay March 27, 2010
NEW YORK
AT&T Inc. will take a $1 billion non-cash accounting charge in the first quarter
because of the health care overhaul and may cut benefits it offers to current
and retired workers
Qwest seeks $350M from stimulus for rural
broadband
Denver
Business Journal
Greg Avery March 26, 2010
Qwest Communications International Inc.
said Thursday it is applying for a $350 million federal stimulus grant to help
it extend high-speed Internet service to rural areas of its local phone-service
region
Qwest seeks stimulus money to expand
broadband Seattle
Post Intelligencer The Associated Press March 25, 2010 DENVER
Qwest is applying for $350 million in federal stimulus money to help extend
high-speed Internet service to rural parts of the 14 states where it offers
local phone service
Qwest Seeks Federal Grant to Deploy
Broadband to Rural Communities at Connection Speeds of 12 to 40Mbp The Wall
Street Journal, Market Watch March 25, 2010 DENVER, Mar 25, 2010 (BUSINESS WIRE)
Qwest Communications
/quotes/comstock/13*!q/quotes/nls/q
(Q
5.30, +0.01, +0.14%)
has filed an application for a federal stimulus grant to extend broadband at
speeds of 12 to 40 Mbps to rural communities throughout its local service region
Qwest CEO pay
increases 5 percent to $12M in 2009 Associated Press
By BARBARA ORTUTAY (AP) March 23, 2010 NEW YORK Edward Mueller, the
chairman and CEO of Qwest Communications International Inc., was awarded
compensation valued at nearly $12 million in 2009, a 5 percent increase from the
previous year according to an Associated Press analysis of a regulatory filing
Former boss'
conservative associates donating to Bennet
By Michael Riley
and Burt Hubbard The Denver Post March 19, 2010 Colorado billionaire Phil Anschutz
is famous for embracing conservative causes, but he also is a friend and former
boss of Colorado Democratic Sen. Michael Bennet's
Qwest CEO saw 2009 compensation
rise as net profit fell
By Andy Vuong The
Denver Post March 18, 2010 Even though Qwest posted a 39 percent drop in net profit
and a 9 percent drop in revenue in 2009, chief executive Ed Mueller enjoyed a 6
percent bump in pay for the year
Qwest to
Webcast First Quarter 2010 Earnings Conference Call
Denver, March 16, 2010, Business Wire
Qwest Communications
will announce its first quarter 2010 financial and operational
highlights on Wednesday, May 5, 2010, at 7 a.m. EDT
Prosecutors
want Nacchio in court for new sentence © 2010
The Associated Press March 15, 2010, 11:33PM
DENVER
Federal prosecutors are objecting to former Qwest CEO Joe Nacchio's request to
not be present in court when he is given a new sentence
6 Leprechaun
Leaders For St. Patrick's Day The San Francisco
Chronicle
Katie Adams, provided by Investopedia
Monday,
March 15, 2010 Ah, the spry little
leprechaun. These tight-wearing sprites are bankers of the fairy world and
self-appointed guardians of the proverbial pots of gold
Even amid rebound,
tech-stock index still at half its peak
10 years after the
tech bubble
The Denver Post
By Aldo Svaldi
March 10, 2010
Investment adviser Kenneth James still remembers clients who called in 2000
asking him to get them in on the "lottery-style" gains their neighbors and
friends boasted about
Qwest expanding
high-speed Internet through Phoenix, Tucson
Phoenix
Business Journal March 8, 2010 Qwest
Communications International Inc. is
expanding its newest version of high-speed Internet to areas of the
Phoenix
and Tucson
metros, the company announced Monday
Nearly $1B in Qwest
notes tendered by early deadline
Denver
Business Journal March 10, 2010
Qwest
Communications International Inc. said Wednesday
that $959.9 million in notes were tendered by Tuesday's early-participation
deadline in a $1.2 billion tender offer announced Feb. 24
Qwest GC Favors Innovative Communication
The National Law Journal by Richard Acello March
02, 2010 ON A QWEST
Rich Baer is chief legal officer at Denver-based
Qwest Communications International,
the nation's third-largest
telecommunications company
NSA threatened Qwest CEO with repercussions
if he didn’t cut a surveillance deal
Online Journal
By
Wayne Madsen, Online Journal Contributing Writer
March 2, 2010
(WMR)
WMR has learned from sources who worked in senior positions for the
telecommunications company Qwest that its former chairman and CEO, Joseph
Nacchio, was threatened with retaliation
Telecom giant says rural company milking
federal regulations Scripps News
By Steve
Alexander,
Minneapolis Star Tribune
March 3, 2010 Is a free chat room for singles a
bargain for romance or a telecom scheme to bilk Qwest?
One of Qwest's
video bets may be struggling to get streaming
By Andy Vuong The
Denver Post
March 4, 2010
During a keynote speech in
December, Qwest then-executive vice president Neil Cox boasted about a strategy
of delivering movies, shows and other video content to television sets over the
broader Internet
UPDATE 2-Qwest aims to cut debt 25 pct in
next 12 months Sees improving debt/EBITDA ratio in 2010, 2011
Reuters Sinead Carew February 25, 2010 NEW YORK, Feb 25
(Reuters) Telecommunications carrier Qwest
Communications International Inc (Q.N)
said on Thursday it expected to reduce its debt by $3.5 billion, or 25 percent,
over the next 12 months
Qwest a
ZillionTV investor
The
Denver
Post February 25, 2010
Qwest said Wednesday that last year it made a "very small,
or immaterial, investment" in ZillionTV, a startup developing Internet-based
video-on- demand service
Fiber-optic
connections help grow cellular bandwidth
The
Denver
Post
Andy Vuong
February 25, 2010 Pieter
Poll's 13-year-old son used nearly 340 megabytes of data on his Motorola Droid
smart phone last month, about 70 times more than Poll's wife consumed on her
BlackBerry
Market Report
-- In Play (Q)
MSN Money February 24, 2010 8:01 AM ET
Qwest and Qwest Capital Funding announce cash tender offer by Qwest Capital
Funding
Quietly, Qwest
invests in other people’s techDenverBusiness
JournalGreg Avery
February 24, 2010
Qwest stopped putting money into its Internet-delivered video
after CEO Ed Mueller arrived in mid-2007, so it may surprise some that the
Denver-based telecom invests in other company’s Internet video technology
Lawsuit: Free chats cost Qwest a
bundle
The
regional telecom giant alleges that a rural phone company is offering Minnesota phone
numbers to milk access fees from
Qwest
Minneapolis
Star Tribune Steve Alexander February 24, 2010 - 10:43 PM
Is a free chat room for singles a bargain for romance or a telecom scheme to
bilk Qwest?
Qwest
committee approves incentive plan The
Denver
Post
February 23, 2010 The
compensation and human-resources committee of Qwest's board of directors has
approved an incentive plan for management and senior executives, according to a
regulatory filing
State-of-the-Art Technology to Engage Fans
in New, Exciting Ways at Target Field Market Watch
February 23, 2010
MINNEAPOLIS, Feb 23, 2010 (BUSINESS WIRE) Qwest
/quotes/comstock/13*!q/quotes/nls/q
(Q
4.48,
+0.07, +1.47%) today announced it has signed an exclusive multiyear agreement
with the Minnesota Twins to deliver exciting, fan-friendly technology at Target
Field. The baseball franchise has named Qwest its Official
Level 3 Should Roll Up The Long Distance Market, Analyst Says
Barrons
By Eric Savitz February 19,
2010 The
time has come for Level 3
(LVLT) to go shopping for additional players in the long-distance telephony
business, Oppenheimer analyst
Timothy Horan asserts in a research
note today that has stirred up considerable investor interest in the group
Hearings on illegal stock profits
slated in Nacchio resentencing
The
Denver
Post
February 19, 2010
A federal judge has set a two-day hearing starting April 21 in Denver to
determine what former Qwest chief executive Joe Nacchio gained on company stock
he illegally sold based on insider information.
Hearing set in April in Nacchio
re-sentencing
The Associated Press
February 18, 2010
DENVER—A federal judge has set a two-day hearing
starting April 21 to determine what former Qwest CEO Joe Nacchio gained on
stocks he allegedly sold based on insider information
Hearing on Nacchio resentencing
Thursday
Denver
Business Journal February 18, 2010
Lawyers for Joseph Nacchio
and federal prosecutors are at a hearing Thursday in federal court in
Denver to go over procedures for
the resentencing of the convicted former Qwest CEO
Qwest wrings more cash out of down
2009
The
Denver
Post
By Aldo Svaldi
February 17, 2010
Qwest squeezed more cash out of its operations last
year despite declining revenues from a tough economy and a shrinking number of
land-line customers
Linda Alvarado steps down from
Qwest board of directors
By The
Denver
Post 02/16/2010 01:00:00 AM MST Updated: 02/16/2010
09:31:31 AM MST
Linda Alvarado, a longtime
member of Qwest's board of directors, has stepped down
Decode your medical bills. Before you pay,
make sure you understand all of the charges. Here are some tips
Los Angeles Times By Francesca Lunzer Kritz February 15,
2010 People with health insurance who get a medical bill this early in
the new year may also get some sticker shock
Qwest Buys Northern Virginia
Data
Center
DataCenterKnowledge.com
Rich Miller February 15th, 2010
Qwest Communications
(Q) has acquired an existing data center in northern
Virginia
that will serve as the company’s 17th CyberCenter hosting facility
Qwest won't renew lease on downtown Denver
headquarters building
By Andy
Vuong
The
Denver
Post
February 13, 2010
The Qwest sign that shines
prominently from the Denver
skyline may be going out.
Level 3 ready to resume hunt for
acquisitions
The
Denver Post
By Andy
Vuong February 11, 2010
More than two years removed from a
spending spree that netted eight companies, Broomfield-based Level 3
Communications is looking to jump back into the acquisition fray in 2010
Qwest being seen as likely takeover target
The
Denver Post
By Andy Vuong February 7, 2010
Qwest Communications appears to be on
the block, with a growing number of Wall Street analysts speculating that the
company is a prime acquisition target and senior management speaking more freely
about consolidation
Last
Duluth
telephone operators lose jobs
Duluth News Tribune February 5,
2010
Qwest will close its call
center in Duluth
after today, putting 52 directory-assistance operators out of work
Qwest to
webcast Feb. 25 NYC conference with analysts
Denver
Business Journal February 3, 2010
Qwest Communications International Inc.
said Wednesday it will a host a meeting with financial analysts Feb, 25 in
New York City
and will webcast the conference live
Qwest shares
rise most in eight weeks
The
Denver
Post
February 3, 2010
Qwest shares rose the most in eight weeks in
New York
trading after Goldman Sachs Group Inc. removed the stock from its "conviction
sell" list
Verizon To Cut 13,000 More Wireline Jobs;
Sees No Wireless Capacity Issues From Smart Phones Barron’s
By Eric Savitz January 27, 2010
They now do it every year
In 2008,
Verizon
(VZ) cut 13,000 jobs from
its shrinking wireline business. In 2009,
they cut another 13,000
Qwest, regulators take aim at 'cramming'
Minnesota
Public Radio
by
Martin Moylan,
January 25, 2010
St. Paul,
Minn
Your phone bill can include charges for a lot more than your normal chitchat
Qwest Raises $80,000 for
Haitian Relief By: Business Wire Jan. 15, 2010 07:50
PM Employees of Qwest
Communications (NYSE: Q) and the Qwest Foundation so far have raised a total of
more than $80,000 to assist victims of the earthquake in Haiti
Business leaders look to preempt move to suspend to tax breaks
The Colorado
Independent
Beth Potter January 14, 2010
Denver
business leaders are predictably pushed back this week against Gov. Bill
Ritter’s latest budget-cutting plan
Nacchio, Rigas make Time's list of top 10
'crooked CEOs' Denver
Business Journal
Thursday, January 14, 2010 Joe
Nacchio, the former
Qwest CEO convicted on insider trading charges,
has been named to Time magazine's "Top 10 Crooked CEOs" list
Judge won't postpone testimony in Qwest
case
The Denver
Post January 13, 2009
A federal judge rejected a
request by the U.S. Intelligence Community to postpone testimony from a
potential witness in a civil fraud case against five former Qwest officials,
including former chief executive Joe Nacchio
Judge denies new trial
for ex-Qwest CEO Nacchio Catherine Tsai
The Associated Press January 13, 2010 DENVER
A federal judge in Denver
has denied former Qwest CEO Joseph Nacchio's request for a new trial on insider
trading charges
Nacchio denied new trial
The
Denver Post
Andy Vuong January 13, 2010
A federal judge today denied Joe Nacchio's motion for a new
trial, effectively ending the former Qwest chief executive's efforts to overturn
his conviction for illegal insider trading
Signs of life in the SEC case against
Nacchio, other ex-Qwest execs
Denver Business Journal
Greg Avery January 11, 2010
The Securities and Exchange Commission’s civil case
against Joseph Nacchio and four other former Qwest executives revs up this week
in Denver
in advance of a summer trial
10-digit dialing
debuts. It went smoothly for the most part, but not without a little whining
The Mail Tribune
By JOHN DARLING, for the Mail Tribune
January 12, 2010 It was
a rare person who didn't complain Monday about having to dial 10 digits for
local calls — but the biggest bother came with resetting call-forwarding,
speed-dialing and alarm systems
Believe it - you are on your own for retirement.
Fresh
evidence proves that, yes, you are on your own for retirement Star
Tribune, Minneapolis St. Paul Neal St.
Anthony, Columnist January 12, 2010
The standard and comfort level you will have in retirement will be nothing like
your parents or grandparents
Potential Qwest
witnesses to appear in court The
Denver Post
Andy Vuong January 9, 2010
Several potential expert witnesses will appear in federal court next week in a
civil fraud case pending against five former Qwest officials, including former
chief executive Joe Nacchio
Celebration of
broadband report is premature
The
Denver Post By
Chuck Ward January 9, 2010
Re: "The state says 97.5
percent of Colorado residents have access to high-speed
Internet
Qwest sets new FTTN goals, maintains
bundling focus
FierceTelecom Sean Buckley January 6, 2010
As Qwest continues to shift its mindset towards becoming
more of a broadband services company, the telco has set the bar to bring Fiber
to the Node (FTTN) services to half of its 14-state footprint
Qwest sets giving
record with 2009 donations of $10.5M Denver
Business Journal Bob Mook
Friday, January 8, 2010 In
2009, Denver-based telecommunications giant tions
giant Qwest Communications International Inc. gave more to charitable causes
than in any of the past 10 years
Qwest sells
$800M in debt securities Denver
Business Journal Friday, January 8, 2010, 11:39am MST Qwest Communications International Inc.
sold $800 million in debt securities Thursday that mature in
2018 and will help it pay $525 million in debt coming due next
year
One woman turned her interest in teaching into
a second career
Des Moines
Register Patt Johnson January 8, 2010
Barb
Harrington took advantage of a company benefit during her
34-year tenure at Qwest, the metro's telephone company
CORRECTED - UPDATE 1-Qwest expects 09 earnings at upper end (Corrects throughout to reflect
earnings, cash flow forecasts were for 2009, not 2010)
REUTERS Ian Sherr January 6, 2010 SAN FRANCISCO, Jan 6 (Reuters) -
Qwest Communications
International Inc (Q.N) said that it
expects its full-year 2009 pre-tax earnings to come in near the
higher end of its forecast range, and forecast higher free cash
flow and lower pension costs
Qwest Foundations teams with employees to donate $10.5
million
The Daily Tell January -
6 – 2010 Despite the
tough times faced by many in 2009 due to the continued economic
downturn, Qwest Communications, its employees and the Qwest
Foundation increased their commitment to community service by
collectively donating more than $10.5 million
Qwest
shops its LD network again (with local attached)
TELEPHONY ONLINE
Ed Gubbins
Jan 6, 2010
“We’re agnostic about being a buyer or a seller,” said Ed
Mueller, CEO of Qwest Communications
Minneapolis'
$20 million Wi-Fi completed
Star Tribune Steve Alexander
January 4, 2010
It is hilarious to
read the level of stupidity on people's comments: "What a waste
of tax dollars!"
Workforce Solutions unveils new services New Mexico
Business Weekly
January 5, 2010
The Department of Workforce Solutions is
rolling out a new voice mail notification system for those
claiming unemployment insurance
Qwest takes the 100 Gbps challenge
FierceTelecom Newsletter
Sean Buckley
September 3, 2009 Following the lead of Telstra and Verizon with their
respective 100 Gbps trials, Qwest Communications is upgrading
its network to deliver 100 Gbps services to customer edge sites
FierceTelecom 2010 Prediction: Qwest goes to the auction block?
FierceTelecom Newsletter
Sean Buckley,
FierceTelecom
January 3, 2010
With many of the tier 2 telcos
buying one another, it's probably only a matter of time before
one of them gets ambitious and makes a possible move for Qwest,
the smallest of the remaining three RBOCs
Local calls will extend
to 10 digits next Sunday
Mail Tribune
Bill Kettler
January 03, 2010
Southern Oregon's
seven-digit telephone numbers will go the way of the passenger
pigeon beginning Jan. 10
Out of the mouths of
babes, life-changing advice
Minneapolis
Star Tribune
Dick Youngblood, Small Business writer December 31, 2009
John Quinliven's executive job kept
him on the road most of the time. After a comment by his 6-year-old daughter, he
knew it was time to go in a new direction
Qwest Lays Death
Benefit to Rest
Albuquerque
Journal December 30, 2009
Lewis: 2009 could only
make us miss 1999
By Al Lewis
Dow Jones Newswires
December 30, 2009
It's not like Prince sang, "Tonight I'm gonna party like
it's 2009."
Court Backs Nebraska in Rate Dispute
With Qwest
LINCOLN,
Neb.
December 29, 2009 (AP) The Associated Press
Federal appeals panel upholds ruling in Nebraska's favor in Qwest
rate dispute case
Should Dubuque pursue public telecom?
The Telegraph Herald BY M.D. KITTLE, Telegraph
Herald ASSISTANT CITY EDITOR December 29, 2009 The truce with Mediacom might be over after the company received a state
franchise agreement under a 2007 law
Qwest to save about $220 million by cutting retiree death benefits By
Andy Vuong The Denver Post
December 29, 2009
Qwest is eliminating pension death benefits for
thousands of retirees, a move that could cut the Denver-based company's
liabilities by about $220 million.
Qwest ending death
benefits for retirees in '10 Seattle
Post Intelligencer December 29, 2009
THE ASSOCIATED PRESS
DENVER
-- Qwest says it will eliminate death benefits for retirees starting in March
Qwest to cut retirees' pension death
benefits, worth $220 million
By Andy Vuong The
Denver
Post December 29, 2009
Qwest is eliminating pension death benefits for
thousands of retirees
Needy family receives a very merry
Christmas Bismarck
Tribune Steve Wallick December 21, 2009 (The Tribune asked readers to submit stories about
“Christmas angels,” someone who had been kind or helpful to them. Katie
Krukenberg wanted to share this story.)
Ready to start dialing 10 digits? The
Bulletin By Andres Navarro
December 22. 2009
What
you need to know
Qwest arranges $1B in new credit
Denver
Business Journal December 21, 2009
Qwest Communications International Inc. said Monday it has
lined up just over $1 billion in new credit
Qwest donates $25,000 for education
New Mexico
Business Weekly December 22, 2009
Qwest Communications International
donated $25,000 for five educational projects in New Mexico
Court Certifies Class of
Call
Center Employees
Represented by Nichols Kaster, PLLP in Lawsuit Against Qwest Communications
Marketwire December 22, 2009
MINNEAPOLIS,
MN
-- (Marketwire)12/22/09 On December 16, 2009,
the District Court of Minnesota certified several classes of hundreds of
employees working in Qwest Communications' Small Business and
Consumer Call
Centers
who are alleging that Qwest failed to pay them for time working "off-the-clock."
Everything on One Calendar, Please
The New York Times
Corner Office Published:
December 26, 2009
This interview with Teresa A. Taylor, the chief
operating officer of Qwest, was conducted and condensed by Adam Bryant
Judge puts parameters
on Nacchio resentencing
The Denver Post
Business Briefs December 19, 2009
A federal judge will resentence former
Qwest chief executive Joe Nacchio in a two-step process but will not completely
redo the sentencing
Qwest Declares
Quarterly Dividend of $0.08
By: Business Wire
Dec. 17, 2009 09:05 AM
Qwest Communications (NYSE: Q) today announced its
board of directors declared a quarterly dividend of $0.08 per share
UBS says Qwest may be a takeout candidate;
shares up
Reuters December 15, 2009
UBS upgraded Qwest Communications International Inc. to
"buy" from "neutral," and said the company could be a takeout candidate for one
of the rural telephone operators, sending its shares up as much as 5 percent.
Justices again say no
to Nacchio
U.S. Supreme Court nixes ex-Qwest CEO's plea to reconsider
passing on his appeal
By Andy Vuong
The
Denver
Post December 1, 2009 The
U.S. Supreme Court, which in October declined to hear Joe Nacchio's appeal of
his conviction for illegal insider trading, on Monday rejected the former Qwest
chief executive's request to reconsider that ruling
U.S.
Supreme Court denies Nacchio again
By Andy Vuong
The Denver
Post November 30, 2009
The U.S. Supreme Court, which in
October denied Joe Nacchio's petition for a review of his insider trading
conviction, today rejected the former Qwest chief executive's request for
reconsideration
Supreme Court won’t hear Nacchio’s case;
resentencing ahead
Denver
Business Journal - by
Greg Avery
Monday, October 5, 2009, 9:08am MDT | Modified: Tuesday, October 6, 2009,
9:39am
The
U.S. Supreme Court
on Monday denied ex-Qwest CEO Joe Nacchio’s petition to have his case heard and
possibly overturned by the justices.
Qwest CEO sees opening for mergers By Amy Thomson, Bloomberg News
Denver Post Friday, September 18, 2009
Qwest chief executive Ed Mueller said
there are more opportunities for acquisitions now because stock prices have
dropped through the recession
Qwest selects new COO. Teresa Taylor, who has
worked in various posts at the firm, replaces Tom Richards, who resigned By
Andy Vuong Denver Post Tuesday, September 1, 2009
Qwest announced Monday that Teresa Taylor has been selected
to replace Tom Richards as chief operating officer
Sol Trujillo's 32pc cut in total
remuneration nets $9m By Staff Reporters The Australian (WSJ) Thursday,
August 13, 2009
Sol Trujillo took a 32 per cent cut in total remuneration in his final year as
Telstra's chief executive, receiving $9.06 million
Qwest drops perk for execs. The payouts to
cover unreported expenses were eliminated following complaints by a shareholder
By Andy Vuong Denver Post Saturday, August 22, 2009
Qwest has eliminated a perk in which top executives were
given tens of thousands of dollars a year to cover unreported expenses, the
company disclosed in a filing Friday
Qwest CEO puts home on market. Ed Mueller
wants to sell his house near Cherry Creek, but Qwest says he won't leave
Denver
By Andy Vuong
Denver Post
Wednesday, August 19, 2009
Qwest chief executive Ed Mueller has put his
9,200-square-foot mansion near Cherry Creek on the market for $4.7 million
Qwest to shut off its wireless service
October 31 By Sinead Carew Reuters Aug 18, 2009
NEW YORK
(Reuters) -
Qwest Communications International Inc said on Tuesday that
it would discontinue its own-brand wireless service at the end of October and
started telling customers they need to switch to another service
U.S.
lets Nacchio ruling stand. Prosecutors won't challenge a court order expected to
lower the ex-CEO's prison term
By Andy Vuong Denver Post
Tuesday, August 18, 2009
The U.S. Department of Justice will not appeal a decision
that ordered a new sentence for former Qwest chief executive Joe Nacchio, an
agency spokeswoman said Monday
Telstra admits denying network access to
rivals. Telstra could face a fine of up to $300 million after admitting to the
Federal Court it was guilty of misleading and deceptive conduct in denying
competitors access to its copper network
By Mitchell Bingemann The
Australian Thursday, August 6, 2009
It is understood Telstra made the
startling admission in a defence filing lodged with the Federal Court on July 31
Re-sentence for Nacchio not unusual. A
ruling that might shorten his jail term isn't rare with financial crime, some
say By Andy Vuong Denver Post
Wednesday, August 5, 2009
A ruling last week that could shorten Joe Nacchio's
six-year prison term for insider trading surprised many retirees and
shareholders who blame the former Qwest chief executive for the company's
financial meltdown earlier this decade
Joe Nacchio's possible prison terms
By Andy Vuong Denver
Post Monday, August 3, 2009
On Friday, a federal appeals panel ruled that former Qwest CEO Joe Nacchio’s
six-year prison term for insider trading was too long and sent the case back to
the district court for resentencing
Court
Says Nacchio Prison Term Improper By Dionne Searcey The Wall Street Journal
Friday, July 31, 2009
A federal appellate court has ruled
Joseph Nacchio, former chief executive of
Qwest Communications International Inc., was improperly
sentenced after his 2007 conviction for insider trading
Nacchio's jail time could be cut. An appellate panel finds that the trial judge
erred in calculating his sentence and forfeiture By Andy Vuong and Sara
Castellanos Denver
Post Saturday, Aigist 1, 2009
A federal judge miscalculated when he
sentenced Joe Nacchio to a six-year prison term for illegal insider trading and
ordered the former Qwest chief executive to forfeit $52 million, a three-judge
appeals-court panel ruled Friday in reversing his original sentence
Appeals court orders new, shorter sentence
for ex-Qwest CEO Joe Nacchio
By P. Solomon Banda Mpls Star
Tribune Saturday, August 1, 2009 DENVER
An appeals court has ordered a new, shorter sentence for ex-Qwest CEO Joe
Nacchio, saying his 6-year term for insider trading was too long
House Backs Greater Say
On Pay by Shareholders Bill Also Adds to Regulators' Power to Curb Compensation
By David Cho and
Tomoeh Murakami Tse, Staff Writers Washington Post Saturday, August 1, 2009
The House
approved legislation Friday that would give shareholders greater say over
executive pay and expand the powers of regulators to limit compensation packages
that they deem improper
Budget paring and more high-speed-Internet
subscribers help boost its second-quarter showing
By Andy Vuong
The Denver
Post Posted: 07/30/2009 01:00:00 AM
MDT Updated: 07/30/2009
02:24:30
AM MDT
Cost cutting and high-speed-Internet subscriber growth
helped Qwest post an 18 percent increase in second-quarter earnings, but the
company continues to lose phone customers at an accelerating rate
Qwest posts 18% jump in 2nd-quarter earnings
By Andy Vuong The
Denver
Post Posted: 07/29/2009 07:45:28 AM
MDT Updated: 07/29/2009 03:00:37 PM MDT
Qwest posted an 18 percent increase in earnings during the
second quarter, spurred by cost cuts and growth in large business customers and
residential high-speed Internet subscribers
A retiree raises a fuss
after letters and e-mails go without responses
By Andy Vuong The
Denver
Post
Posted: 07/29/2009 01:00:00 AM MDT
When
Qwest's board of directors successfully beat back a proposal this year to let
minority shareholders call special meetings, it contended the company already
had "open lines of communications with stockholders."
Support Slips
for Tax on Employee Health Benefits
By Greg Hitt and Janet Adamy The Wall Street
Journal Wednesday, July 8, 2009
WASHINGTON
Senators are cooling to a proposal that would impose a first-ever tax on
employer-provided health insurance and are giving renewed attention to taxes on
the wealthy to pay for a sweeping health-care overhaul
High court mum
on Nacchio. The Supreme Court heard the ex-Qwest CEO's petition last week
By Andy Vuong Denver Post Tuesday, June 30, 2009
The U.S. Supreme Court didn't
disclose Monday whether it will review former Qwest chief executive Joe
Nacchio's appeal of his insider-trading conviction, signaling to his attorneys
that the case may be garnering deep consideration
Disclosure sensitizes directors to providing
perks. Companies' top officers often get lavish perks, but disclosure has
sensitized directors lately By Aldo Svaldi
Denver Post Friday, June 19, 2009
Liberty Media provides chief executive Greg Maffei and
chairman John Malone access to an apartment, a company car with driver and
catering services when they visit New
York City
Arnie targets Trujillo.
Sol Trujillo thought he had government problems at Telstra! It turns out
his unedifying brawls with Canberra were nothing compared with the brouhaha
brewing between US retail giant Target, where he's been glued to a board seat
for 15 years, and the government of Arnold Schwarzenegger
By Rebecca Urban The Australian (WSJ) Wednesday, June 17. 2009
According to Californian Attorney-General Jerry Brown and
20 district attorneys, Target stores across
California
have been illegally dumping hazardous wastes in landfills
Obama Is Pressed to Tax Health Benefits.
Seeking GOP Votes, Democrats Split Over Plan for New Levy
By Lori Montgomery and Ceci Connolly, Staff Writers Washington Post Monday, June
15, 2009
The White House is caught in a battle within its own party over how to finance a
comprehensive overhaul of America's health-care system, as key Democrats
advocate a tax plan that could require President Obama to break his campaign
pledge not to raise taxes on the middle class
Tax on Health Benefits Weighed. Senator
Calls Levy 'Perhaps the Best Way'
to Pay for Overhaul By Lori Montgomery, Staff Writer Washington Post
Wednesday, June 10, 2009
A Senate plan to overhaul the nation's health system is likely to include a new
tax on some employer-provided health benefits that exceed the value of the basic
plan offered to federal employees, currently about $13,000 a year for a family
of four, the chairman of the Senate Finance Committee said yesterday
Kennedy Readies Health-Care Bill By Ceci
Connolly, Staff Writer Washington
Post Saturday, June 6, 2009
Sen. Edward M. Kennedy (D-Mass.) has laid down the first marker in this year's
debate over how to revamp the nation's health-care system
Qwest's Long-Distance Arm Draws Bids Below
Targets By Amol Sharma
The Wall Street Journal Friday, June 5, 2009
Preliminary bids for Qwest Communications International Inc.'s long-distance
business are coming in well below the $2 billion to $3 billion it sought
Supreme Court
justices could review Nacchio's case June 18
Denver Post Wednesday, June 3, 1009
Former Qwest chief executive Joe
Nacchio's petition for a Supreme Court review of his insider-trading conviction
could be considered as early as June 18
Qwest's Burnett now running school of hard
knocks By Al Lewis, Dow Jones Newswires Denver Post Monday, June 1, 2009
Jessica Rosales was one of those kids, watching TV, wondering what to do about
the future, and seeing a commercial about Westwood College
Kennedy's Health-Care Measure To Require
Employers to Chip In By Ceci Connolly, Staff Writer
Washington
Post Friday, May 29, 2009
Sen. Edward M. Kennedy (D-Mass.) is circulating the outlines of sweeping
health-care legislation that would require every American to have insurance and
would mandate that employers contribute to workers' coverage
Shareholders Support Target in Blow to
Ackman By Zachery Kouwe and Joe Nocera New York Times Thursday, May 28, 2009
Shareholders of the retail giant Target delivered a
stinging defeat to the activist investor William A. Ackman on Thursday,
re-electing all of the company’s nominees to the board in one of the most
closely watched proxy contests of the season
Trujillo's rant is nothing more than sour
grapes, says Victorian Premier John Brumby By Staff Reporters The Australian
(WSJ) Tuesday, May 26, 2009
After slipping out of Australia ahead of his June 30 resignation date and just
days after boasting of his achievements at Telstra at a conference in San Diego,
Mr Trujillo told the BBC that being in Australia was like "stepping back in
time''
Saviour Sol preaches his mobile makeover
By Geoff Elliott in San Diego
The Australian (WSJ) Saturday, May 23, 2009
Sol Trujillo was back among friends in
San Diego this week and doing what he seems to do best --
selling himself
'I changed Australia': Sol Trujillo. Sol
Trujillo's scorn for the Rudd Government's $43 billion national broadband plan
on the sidelines of a technology conference in the US prompted a rebuke from Australia's consul-general to New York, Phil Scanlan, and dismay among
others who regard the project as cutting edge
The Australian (WSJ) Sunday, May 24, 2009
Apart from changing Telstra he claims to have also "changed Australia"
For Baucus, Health Care Is the Issue Of a Lifetime.
Legislation Could Define His Career, His Party
By Shailagh Murray and Ceci Connolly, Staff Writers
Washington
Post Sunday, May 24, 2009 Max Baucus, chairman of the Senate Finance Committee,
may be President Obama's most critical ally on health-care reform
Feds get second extension for Nacchio
response Denver
Post Saturday, May 23, 2009
The government has been granted a second extension to file
its response to former Qwest chief executive Joe Nacchio's request for a U.S.
Supreme Court review of his insider- trading conviction
Ackman, Target practice art of proxy war
By Jackie Crosby Mpls Star Tribune Saturday, May 23, 2009
The blows are hitting faster and lower as the proxy fight
between Target Corp. and activist investor William Ackman enters its final week
Tax on Medical Benefits Gains Traction.
Health-Care Overhaul Could Be Funded by Levy on Employer-Paid Insurance Premiums
By Lori Montgomery, Staff Writer Washington Post Friday, May 22, 2009
A new tax on employer-provided health insurance is emerging as a likely option
to finance an overhaul of the nation's health-care system, key Democrats say,
despite opposition from organized labor and possibly the Obama administration
UAW, GM Reach Accord By Sharon Terlep
The Wall Street Journal Thursday, May 21, 2009
General Motors Corp. and the
United Auto Workers reached a deal that will reduce the auto maker's $20 billion
obligation to fund retiree medical obligations, the union announced Thursday
Unions vs. Taxpayers. Organized labor has
become by far the most powerful political force in government By Steve
Malanga The Wall Street Journal Thursday, May 14, 2009
Across the private sector,
workers are swallowing hard as their employers freeze salaries, cancel bonuses,
and institute longer work days
GM Nears Crucial Deal With UAW By John
D. Stoll The Wall Street Journal Friday, May 15, 2009
General Motors Corp., under the direction of the U.S. Treasury, is near a deal
that would cut its hourly labor costs by more than $1 billion a year and reduce
its $20 billion pledge to the United Auto Workers to cover health-care
obligations, said people familiar with the matter
Qwest to decide later on Nacchio fees
By Andy Vuong Denver
Post Thursday, May 14, 2009 Qwest general counsel Rich Baer said today that the
company would wait until after former Qwest chief executive Joe Nacchio has
exhausted all of his appeals before deciding whether or how to recover the money
it has advanced for Nacchio’s legal fees
Bankruptcies Swell Deficit at Pension Agency
to $33.5 Billion By Eric Lipton New York Times Wednesday, May 20, 2009
WASHINGTON
The deficit at the federal agency that guarantees pensions
for 44 million Americans more than doubled in the last six months to a record
high, reaching $33.5 billion
Ailing Chrysler's pensions underfunded
Denver Post Wire Services Wednesday, May 20, 2009
Bankrupt Chrysler's pension plans may be underfunded by
more than $10 billion, the federal Pension Benefit Guaranty Corp. has estimated
Much washing of hands with quiet last supper
for Sol. It's an abrupt and rather undignified end to one of the more explosive
careers in Australian corporate history
By Mitchell Bingemann and Jennifer Hewett The Australian (WSJ) Tuesday, May 19,
2009
Sol Trujillo's very quiet exit from Australia means a new and much less
aggressive image for Telstra under his successor, David Thodey
D.C. telecom cites price in spurning Qwest
asset The Denver
Post
Tuesday, May 19, 2009 Washington, D.C.-based Cogent Communications looked at
Qwest's fiber-optic network and decided
not to consider purchasing it because the asking price was too high relative to
its profitability, Cogent chief executive Dave Schaeffer said at an investor
conference Monday
Senior Federation to shut down
By Warren Wolfe Mpls Star Tribune Tuesday, May 19, 2009
Leaders of a pioneering advocacy group that initiated bus
trips to Canada for
cheaper medications, then the nation's first nonprofit website for those drugs,
voted Monday to dissolve
Optus makes pitch for Telstra break-up.
Optus has added its voice to the chorus calling for the structural separation of
Telstra, outlining four key regulatory changes it considers necessary for the
success of the Government's $43 billion national broadband network.
By Mitchell Bingemann The Australian (WSJ) Monday, May 18, 2009
On April 7 the Government announced that the original NBN
would be terminated and replaced with a state-owned enterprise to build a $43
billion fibre-to-the-home network
Chrysler Expands Worker Retirement,
Separation Plan By Kerry E, Grace
The Wall Street Journal Monday, May 18, 2009
Chrysler LLC will expand
its retirement and separation program for employees at seven facilities it is
set to close before December 2010 as part of its restructuring plan
Court Rules Old Maternity Leave Doesn't
Count Toward Pension Associated Press The Wall Street Journal Monday,
May 18, 2009
WASHINGTON
-- Women who took maternity leave before it became illegal to discriminate
against pregnant women, can't sue to get their leave time to count for their
pensions, the Supreme Court ruled Monday
Star Tribune sues drivers' union after
failure to reach pensions deal. The Star Tribune has sued its Teamsters drivers
in an effort to void their contract. By HERÓN MÁRQUEZ ESTRADA Mpls Star
Tribune Monday, May 18, 2009
As it continues to try to extricate itself from bankruptcy, the Star Tribune on
Sunday filed suit against Teamsters Local 638 in an attempt to cancel its fleet
drivers' contract and stop funding their pension plan
Verizon, Frontier in Deal for Wirelines
By Kevin Kingsbury The Wall Street Journal
Wednesday, May 13, 2009
Verizon Communications Inc. agreed to sell 4.8 million
access lines in 14 states to
Frontier Communications Corp. for $5.25 billion in stock, tripling that
company's size and making it the nation's largest communications provider
focused on rural areas
Idea on Hill: Taxing Health Benefits
By Janet Adamy The Wall Street Journal Wednesday, May 13, 2009
The idea of taxing employee health-care benefits to raise money for an overhaul
of the health system is gaining strength in Congress, although it drew criticism
from Barack Obama when he was campaigning for president
Social Security, Medicare Face Insolvency
Sooner By T.W. Farnam The Wall Street Journal Wednesday, May 13, 2009
WASHINGTON
The government revised estimates for the long-term solvency of Medicare and
Social Security on Tuesday, moving up the date when trust funds for the
entitlement programs will run out of money
No public offers yet for Qwest network. But
the telecom hasn't confirmed the fiber-optic system is up for sale By Steve
Raabe Denver Post Tuesday, May 12, 2009
No buyers have publicly surfaced for Qwest's fiber-optic
communications network following news reports that it was put up for sale nearly
six weeks ago, leaving analysts wondering whether anyone will step up
Ranks of Older Workers Swell as Losses
Shorten Retirement By Kelly Evans The Wall Street Journal Friday, May 9,
2009
SCOTTSDALE,
Ariz.
Jose Villareal once had a successful career as a
franchising executive with Pepsi Co. Now, at the age of 67, he can't even
get a job as a school custodian
Ex-chairman Donald
McGauchie loses last Telstra fight By Jennifer Hewett The Australian News
Saturday, May 9, 2009
The simmering Telstra showdown came out into the open at the company's board
meeting on Wednesday
AT&T Buys Some Assets From Verizon Wireless
By Bloomberg News New York Times Saturday, May 9, 2009
AT&T, the country’s second-biggest wireless phone company, agreed Friday to pay
$2.35 billion in cash to buy assets put up for auction by Verizon Wireless
Chicago
museum asks people to help count squirrels. How many are in your Zip code?
Notebaert Nature Museum, UIC want to know Associated Press
Chicago Sun Times Tuesday, May 5, 2009
How many squirrels are in your Zip code?
Qwest broadens broadband brand. Playful ads
now airing are trying to change its image from a traditional phone company
By Andrew LaVallee, The Wall Street Journal
Denver Post Friday, May 8, 2009
Qwest Communications International is out to rebrand itself
as a broadband provider rather than a traditional telecommunications company,
wielding a playful ad campaign to advance the effort
Telstra on hold as contenders vie for top
job By Michael Sainsbury The Australian (WSJ) Monday,
May 4, 2009
TELSTRA this week faces its most critical board meeting
since listing in 1996 as it mulls the appointment of a new chief executive to
replace Sol Trujillo and prepares for a restructure of the telecoms sector
Investors seek more input on executive pay.
Shareholders for companies such as Qwest are seeking oversight over compensation
packages at upcoming annual meetings By Steve Raabe
Denver Post Sunday, April 3, 2009
Disgruntled investors increasingly are calling for
shareholder oversight of executive compensation, putting large businesses on
notice that corporate salaries must reflect companies' financial performance
Qwest Earnings Rise 37% as it Culls Low-End
Customers By Roger Cheng The Wall Street Journal Wednesday, April 29, 2009
Qwest Communications International
Inc.'s first-quarter profit rose 37% through cost cuts, but the
telecommunications provider faced intense pressure on its land-line operations
Australia
Starts Antitrust Case Against Telstra
By Lydal McFarland The Wall Street Journal Monday, April 20, 2009
Australian regulators
started legal proceedings against Telstra Corp. for allegedly refusing rivals
access to key parts of its network
U.S.
Chamber backs Nacchio's high-court petition
By Andy Vuong Denver Post Monday, April 27, 2009
Former Qwest chief executive Joe Nacchio has a new ally: the U.S. Chamber of
Commerce
Nacchio attorneys request hearing on
testimony By P. Solomon Banka, AP Writer
Denver Post Tuesday, April 28, 2009
DENVER
Attorneys for Qwest CEO Joe Nacchio are asking a
judge for a hearing to consider new testimony from the prosecution's star
witness that they say would prove their client's innocence
Telstra shareholders victims By Michael
Sainsbury The Australian Monday, April 27, 2009
Two weeks after Sol Trujillo strode into his new offices at Telstra, he summoned
his chairman, Donald McGauchie, to dinner at a Melbourne restaurant
Verizon hires Qwest legislative exec By
Sami Lais Washington
Technology Thursday, April 23, 2009
Legislative and government relations specialist Shirley
Bloomfield has traded her job at one Networx telecommunications provider for a
similar position at another
Qwest tops among Colorado companies on Fortune 500
Denver Post Tuesday, April 21, 2009
Qwest landed the top spot for
Colorado
companies on the 2009 Fortune 500 list. The telecom was one of 11 Colorado companies on the
list this year
Pay Rule Led Chrysler to Spurn Loan, Agency Says.
Firm Claims It Didn't Need The Government Infusion
By David Cho, Peter Whoriskey and Amit R. Paley, Staff Writers
Washington
Post Tuesday, April 21, 2009
Top officials at Chrysler Financial turned away a government loan because
executives didn't want to abide by new federal limits on pay, according to new
findings by a federal watchdog agency
The sky’s no limit for CEO perks. Fortune
100 companies (shareholders, that is) are spending more and more on private jets
for top executives -- who can use them for personal tasks, like dropping off
kids at school By Michael Brush MoneyCentral.msn.com Saturday, April 18,
2009
Delayed flights. Lost bags. The shoe dance at the security gate
Qwest to close call centers in Omaha, Littleton by July 15
Denver Post
By Aldo Svaldi Thursday, April 16, 2009
Qwest Communications said Wednesday it will close
customer-service call centers in Littleton and Omaha by July 15
Qwest to end its namesake wireless service
By Andy Vuong
Denver Post Tuesday, April 14, 2009
Qwest-branded wireless service is headed the way of Betamax
Ex-judge hangs out shingle By Penny
Parker, Columnist
Denver Post Friday, April 17, 2009
Former Chief U.S. District Judge Edward Nottingham, the man
who sent ex-Qwest chief Joe Nacchio to the slammer for six years for illegal
insider trading, has hung out his lawyer's shingle in downtown Denver
Nacchio enters Pa. prison for six-year term. The former
Qwest CEO may get bail if the Supreme Court decides in June to review his
insider-trading conviction By Andy Vuong Denver Post Wednesday, April 15,
2009 Updated: 04/15/2009 12:38:03 AM MDT
Former Qwest chief executive Joe Nacchio arrived Tuesday at
a federal prison in
Pennsylvania
in the back seat of a sport utility vehicle to begin a six-year sentence
Ex-Qwest chief Nacchio reports to prison in Pennsylvania
By Andy Vuong Denver Post Tuesday, April 14, 2009 Updated: 04/14/2009 02:46:58
PM MDT
Former Qwest chief executive Joe Nacchio was driven in a
dark SUV with tinted windows to a federal prison today in
Pennsylvania
for the start of a six-year term
Headed to Jail. Nacchio Set to Start Serving
Six-Year Sentence After Long Legal Battle
By Dionne Searcey The Wall Street Journal Tuesday, April 14, 2009
Joseph Nacchio, the former chief executive of Qwest Communications
International, Inc., is expected to head to federal prison Tuesday, nearly two
years after a judge sentenced him to serve six years for insider trading
Nacchio's options dwindle. A federal court
denies his bid for bail. Unless the Supreme Court steps in, he'll enter prison
today By Andy Vuong Denver Post Tuesday, April 14, 2008
A federal appeals court panel denied bail Monday to Joe
Nacchio, prompting the former Qwest chief executive to make a last-ditch request
to the U.S. Supreme Court to avoid going to prison today
In prison, just another Joe (Nacchio). Set
to check in Tuesday, Nacchio will be stripped of his stature, says one who's
been there By Andy Vuong Denver Post Sunday, April 12, 2009
Should Joe Nacchio report to a federal prison in Pennsylvania as expected Tuesday, the former
Qwest chief executive will be strip-searched and issued a green button-up shirt
and matching pants
Prosecutors fight
Nacchio's bid to stay free Denver
Post Friday, April 11, 2009 Posted: 04/11/2009 12:30:00 AM MDT Federal prosecutors asked an appeals
court Friday to deny former Qwest chief executive Joe Nacchio's latest bid to
delay when he must report to prison
Qwest asset sale rumors go up in smoke
By Sami Lais
Washington
Technology Wednesday, April 8, 2009
The rumored sale by Networx
contract holder Qwest Communications International Inc. of its long-haul network
is, as suggested by telecom analyst Warren Suss, “mere speculation.”
Bail
request heads to higher court. An appellate court is asked to stay an order to
report to prison next week pending a ruling by the Supreme Court By Andy
Vuong Denver
Post Thursday, April 9, 2009 Former Qwest chief executive Joe
Nacchio renewed his request for bail Wednesday
US prosecutors attack
Nacchio's bid for new trial By Catherine Tsai, AP Business Writer
Denver Post Tuesday, March 7, 2009
DENVER —
Federal prosecutors have asked a judge to deny former Qwest
CEO Joseph Nacchio's motion for a new trial on insider trading charges, saying
that new evidence Nacchio says he has uncovered isn't really new
US prosecutors attack
Nacchio's bid for new trial By Catherine Tsai, AP Business Writer
Denver Post Tuesday, March 7, 2009
DENVER —
Federal prosecutors have asked a judge to deny former Qwest
CEO Joseph Nacchio's motion for a new trial on insider trading charges, saying
that new evidence Nacchio says he has uncovered isn't really new
Nacchio has date with detention. Former
Qwest CEO due in prison Tuesday after request to stay free on bail denied By
Andy Vuong
Denver Post
Wednesday, April 8, 2009
Former Qwest chief executive Joe Nacchio must report to
prison Tuesday to being serving a six-year prison term for illegal insider
trading
Qwest Warns of Lower
Revenue By Jay Miller The Wall Street Journal Wednesday, April 8, 2009 Qwest
Communications International Inc.
warned that it expects first-quarter revenue to come in "modestly" below Wall
Street expectations, but did say it expects adjusted earnings to come in above
views
OK, now Nacchio really is
going to prison DowJones Newswires
Posted by Al Lewis
on
April 07, 2009
Embattled Execs
The on-again, off-again prison sentence for former Qwest CEO Joe Nacchio is back
on again
Companies Seek Shareholder Input on Pay
Practices. Amid Anger Over Compensation Packages, Executives and Directors Look
for New Ways to Appease Investors
By Phred Dvorak The Wall Street
Journal Monday, April 6, 2009
As outrage grows
over executive-pay practices, biotechnology firm Amgen Inc. is taking the
unusual step of asking shareholders what they think of its compensation plan
AT&T and union talks continue past deadline
By Joshua Freed, AP Business Writer
Denver Post Sunday, April 5, 2009
AT&T and unions for its landline workers were working past a strike deadline
early Sunday to try to reach agreement on a new contract
Qwest poised for total sale? Analysts see
that as a possibility if it sells off its fiber-optic network By Steve
Raabe Denver Post Friday, April 3, 2009
Qwest's possible sale of its nationwide fiber-optic network could be a prelude
to selling the rest of the company, analysts said Thursday
Qwest Seeks To Sell Piece Of Its Nelwork
By amol Sharma and Dana Cimilluca
The Wall Street Journal Tuesday, April 2, 2009
Qwest Communications International, Inc. struggling to pare a hefty debt load,
is seeking a buyer for a key piece of its telecommunications network, according
to people familiar with the matter
Qwest eyes network sale. Selling the
fiber-optic communications network could bring in $3 billion By Andy Vuong
Denver Post Tuesday, April 2, 2009
Denver-based Qwest is considering a sale of its nationwide
fiber-optic communications network, an asset that could be valued at $2 billion
to $3 billion, according to The Wall Street Journal
Blame Is Put on Management, but Hourly
Workers, Retirees Face More Pain By Matthew Dolan The Wall Street Journal
Tuesday, March 31,
2009
DETROIT
--
President Barack Obama's recovery plan for General Motors
Corp. and Chrysler LLC appears to take aim at union retirees, a usually reliable
Democratic constituency
Social Security payments to begin in May
By Darlene Superville Google News Thursday, March 26, 2009 WASHINGTON (AP) —
People who collect Social Security or disability benefits
will share $13 billion in federal money, each receiving a one-time, $250 payment
beginning in May, Vice President Joe Biden said Thursday
Prosecutor: Long jail time fitting
(for two ex-KPMG execs). Twenty-four year sentences are urged for two ex-KPMG
execs convicted of selling illegal tax shelters By David Glovin, Bloomberg
News Denver Post
Friday, March 27, 2009
NEW YORK
Two former KPMG executives convicted of tax fraud should
receive prison terms of as much as 24 years when they come before a judge next
week for sentencing, prosecutors said
Feds win extension in Nacchio's bid for new
trial
Denver Post Wednesday, March 25,
2009
Federal prosecutors have been granted a one-week extension
to respond to former Qwest chief executive Joe Nacchio's motion for a new trial
Nacchio's Supreme Court petition not
necessarily a reach By Al Lewis, Dow Jones Newswires Denver Post Wednesday,
March 25, 2009
Former Qwest Communications International Inc. CEO Joe
Nacchio took a lot of abuse when he was on trial in
Denver
in 2007 on multiple insider-trading counts
Stay of prison term frustrates retirees.
Many blame the former Qwest CEO for paper losses to their retirement accounts
By Andy Vuong Denver Post Tuesday, March 24, 2009
Qwest retirees are outraged that former chief executive Joe
Nacchio remains free on $2 million bond two years after his insider-trading
conviction
Nacchio was to have reported to prison
Monday The Associated Press Denver
Post Monday, March 23, 2009 Updated: 03/23/2009 08:06:21 AM MDT
DENVER
Disgraced former Qwest CEO Joe Nacchio will be sleeping in
his own bed Monday night
Nacchio wins go-to-prison reprieve.Qwest's
ex-CEO won't have to report to jail while the judge reviews his high-court
petition By Andy Vuong Denver Post Saturday, March 21, 2009
U.S. District Judge Marcia Krieger on Friday revoked an
order requiring former Qwest chief executive Joe Nacchio to report to prison
Monday to begin serving a six-year sentence for illegal insider trading
His bail request is being considered. A
"suspicious growth" on his leg has been found to be benign By Andy
Vuong Denver Post Friday, March 20, 2009
Former Qwest chief executive Joe Nacchio probably will not
have to report to prison Monday as previously ordered
Nacchio prison term delayed; tests show no
cancer The Associated Press Denver
Post Thursday, March 19, 2009 Updated: 03/19/2009 11:59:19 AM MDT
DENVER
Former Qwest CEO Joe Nacchio has been told he doesn't have
skin cancer and doesn't have to report to prison Monday
Nacchio's surrender date postponed By
Andy Vuong Denver Post Thursday, March 19, 2009
A Denver federal judge today
granted former Qwest chief executive Joe Nacchio's request to delay the date he
must surrender to authorities to begin serving a six-year prison term for
illegal insider trading
Biopsy cited in call for delaying prison.
The ex-Qwest exec's doctor says he'll know Friday if the leg growth needs
treatment By Andy Vuong Denver Post Wednesday, March 18, 2009
Joe Nacchio's dermatologist conducted a biopsy Monday on a
"suspicious growth" on the former Qwest chief executive's leg to test it for
skin cancer, according to a court filing Tuesday
Ford Retiree Deal Won't Suit GM, CEO
Says
By Peter Whoriskey, Staff Writer
Washington
Post Wednesday, March 18, 2009
When Ford and the United Auto Workers reached an agreement last month on retiree
health care, it was touted as a model for the industry, one that could save the
companies from faltering under the multibillion-dollar burden
Nacchio's 'suspicious growth' biopsied
By Andy Vuong Denver Post Tuesday, March 17, 2009
Joe Nacchio's dermatologist conducted a biopsy Monday on a "suspicious growth"
on the former Qwest chief executive's leg to test it for skin cancer, according
to a new court filing
Feds: Send him (Nacchio) to prison. The
ex-Qwest CEO must show his verdict is wrong, the filing says By Andy Vuong
Denver Post Tuesday, March 17, 2009
Former Qwest chief executive Joe Nacchio should not be
allowed to remain free on bail because he has not met the heavy burden of
showing that his insider-trading conviction is incorrect, the government argued
in a court filing Monday
Nacchio renews bid for bail By Andy
Vuong Denver Post Friday, March 13, 2009
Former Qwest chief executive Joe Nacchio has renewed his bid to remain free
Nacchio denied bond again By Andy Vuong
Denver Post Thursday, March 12, 2009
A Denver federal court judge
today denied former Qwest chief executive Joe Nacchio's request to remain free
on bond pending his petition for a Supreme Court review of his insider trading
conviction
Depositions roll in Qwest suit. The civil
fraud case against former execs had been idle during Joe Nacchio's appeals
By Andy Vuong Denver Post Thursday, March 12, 2009
The one-time Qwest officials helped the government land a criminal
insider-trading conviction against former chief executive Joe Nacchio, providing
key testimony at his trial in 2007
Nacchio plea to stay free denied By Andy
Vuong
Denver Post Wednesday, March 11, 2009
A federal appeals court panel on Tuesday rejected former
Qwest chief executive Joe Nacchio's request to remain free pending a possible
Supreme Court review of his insider-trading conviction
Nacchio Seeks New Trial;
Filing Faults Prosecutors By Dionne Searcey The Wall Street Journal Friday,
March 6, 2009
Days after an appellate court
upheld the insider trading conviction of former Qwest Communications
International Inc. Chief Executive Joseph Nacchio, his lawyers are asking for a
new trial, saying prosecutors mischaracterized testimony from a key government
witness
Telstra on hold as the
top amigo Sol Trujillo leaves
The Australian
Michael Sainsbury
February 27, 2009
SOL Trujillo,
Telstra's original "amigo", will leave Australia at least $40 million
richer when he flies back to his native US later this year
Report to jail March 23
in Pa.,
Nacchio is told By Andy Vuong Denver Post
Thursday, March 5, 2009
Former Qwest chief executive Joe
Nacchio is 18 days from trading in his million-dollar digs for a prison camp in
central Pennsylvania
Goodbye, Colorado
The Rocky Published
February 27, 2009
at midnight It is with great sadness that we say goodbye to you today. Our
time chronicling the life of Denver and Colorado, the nation and
the world, is over
Friday last day for Rocky
Mountain
News By Steve Raabe Denver Post Thursday, February 26, 2008
A nearly 150-year publishing run will
end Friday as the Rocky Mountain News prints its final edition
NEWS ALERT from The Wall Street Journal Feb.
26, 2009
Denver's
Rocky Mountain News will publish its final edition on Friday
Qwest unlikely to recapture Nacchio legal fees By Andy Vuong Denver Post
Wednesday, February 25, 2009 Qwest will have a
difficult time recovering any of the millions of dollars the company shelled out
for Joe Nacchio's defense against insider trading charges, even though the
former chief executive's conviction has been upheld, experts say
A
saga not near its end By Al Lewis, Dow Jones Newswires
Denver Post Thursday, February 26, 2009 Drag former Qwest
CEO Joe Nacchio to prison, but keep two thoughts in mind
Nacchio's number not up yet By Scott Robinson Rocky Mountain News Thursday,
February 26, 2009
Numbers have not been kind to Joe
Nacchio lately. Having been convicted on 19 counts of insider trading, with a
loss calculated at $28 million, which resulted in a six-year prison sentence, a
$19 million fine, and $52 million in forfeiture, Joe Nacchio has now lost his
10th Circuit appeal by the narrowest of margins
Joe Nacchio's
conviction reinstated. Former Qwest CEO faces prison; Supreme Court his last
chance By Sara Burnett and Jeff Smith Rocky Mountain News Thursday, February
26, 2009 Former Qwest Chief Executive Joe
Nacchio has one final chance to avoid spending years in a federal prison:
the U.S. Supreme Court
Full court upholds Nacchio insider trading conviction By Andy Vuong Denver
Post Updated: 02/25/2009 12:21:32 PM MST
A federal appeals court in Denver
today upheld Joe Nacchio's criminal insider trading conviction, overturning an
initial three-judge panel's decision to grant the former Qwest chief executive a
new trial
Nacchio Losses Bid to Reverse Conviction By Al Lewis The Wall Street Journal
Wednesday, February 25, 2009
A U.S. appeals court upheld the
insider trading conviction of former Qwest Communications International Inc.
Chief Executive Joseph Nacchio, reinstating his prison sentence and revoking his
release on bond
GM to cut retiree health care for salaried
workers under 65 By Tim Higgins
Detroit Free Press Wednesday, Feb. 11, 2009
General Motors Corp. is reducing life insurance benefits
for most of its white-collar retirees and cutting back on company
provided-health care for some retired salaried workers younger than 65
Qwest profit falls 49 pct in 4Q, beats view
By Peter Svensson, AP Technology Writer
Denver Post Wednesday, February 11, 2009
NEW YORK
Fourth-quarter earnings fell 49 percent at Qwest
Communications International Inc. from a year ago, mainly due to tax effects,
while cost-cutting helped its underlying performance beat Wall Street
expectations. Its shares rose 21 cents, or 6.2 percent, to $3.58 in
morning trading
AT&T CEO to Forgo Bonus By Amol Sharma
The Wall Street Journal Friday, January 31, 2009
AT&T
Inc. said Chief Executive Randall
Stephenson decided to forgo a bonus for 2008, as the company prepares to cut
12,000 workers and forecasts a bleak 2009
Anschutz-owned Examiner
closing in Baltimore
The Associated Press Denver
Post Friday, January 30, 2009 BALTIMORE
Less than three years after its launch as the city's
second daily newspaper, The Baltimore Examiner is shutting down, a victim of
slower-than-expected ad sales
Earnings Reports Start Revealing Ugly Pension
Costs By Lynn
Cowan, Dow Jones Newswires The Wall Street Journal Wednesday, January 28, 2009
There have been warnings for months about the severity of U.S.
corporations' pension underfunding, but this week's round of earnings reports
showed just how badly retirement plans will weigh on the companies that operate
them
2 KPNQwest bankruptcy trustees sue Qwest
The Associated Press Denver
Post Wednesday, January 28, 2009
DENVER
Two bankruptcy trustees for Qwest Communications
International Inc.'s Dutch joint venture KPNQwest N.V. filed a lawsuit Tuesday
claiming that fraud and mismanagement by Qwest and three former executives led
to the venture's financial ruin
Stimulus could be boon for Qwest By Jeff
Smith
Rocky Mountain News Friday, January 16, 2009
Denver-based Qwest Communications is expected to benefit if
a draft economic-stimulus measure becomes law
UnitedHealth Settlement Near, but Faces a
Protest By Reed Abelson New York Times Friday, January 16, 2009
The insurance giant
UnitedHealth Group said Thursday that it had reached a
$350 million deal to settle class-action lawsuits claiming it had underpaid
patients and doctors
PBGC Stakes Claim in Bankruptcy Case By
Amir Efrati and Jeffrey McCracken The Wall Street Journal Wednesday, January 14,
2009
The Pension Benefit Guaranty Corp., a federal agency that insures private
pensions, identified itself as a creditor in the liquidation of Bernard Madoff's
firm
UnitedHealth Settles Probe Over Fee Database
By Vanessa Fuhrmans and Chad
Bray The Wall Street Journal Wednesday, January 14, 2009
In a settlement that could
have far-reaching implications for consumers,
UnitedHealth Group Inc. reached an agreement with
New York's attorney general to pay $50 million toward a
new, independent database that will determine how much insurers pay for doctors
and hospitals outside of the insurers' networks
Qwest director won't seek re-election
Denver Post Tuesday, January 13, 2009
Qwest announced Monday that Frank Popoff will not seek re-election to its board
of directors at Qwest's annual meeting in May
Racketeering suit vs. Qwest won't be revived
Bloomberg News The Denver
Post
Tuesday, January 13, 2009 WASHINGTON
The U.S. Supreme Court refused to revive a
multibillion-dollar racketeering suit filed against Qwest Communications by the
trustees of a now-bankrupt joint venture the company formed in the
Netherlands
Agency Raises Concerns About Car Makers'
Pensions By John D. Stoll The Wall Street Journal Saturday, January 10, 2009
DETROIT
The government agency that protects pensions for Americans
is raising fresh concerns about the repercussions if one or more of the U.S.
auto makers were to collapse, saying 1.3 million workers and retirees could see
their pensions slashed if that were to happen
Qwest to warn SkyWi about future disconnects
The Associated Press Denver
Post Saturday, January 10, 2009
SANTA FE, NM
New Mexico regulators have approved an agreement with Qwest
Communications International Inc., which will provide notice before
disconnecting SkyWi Inc. from its system
2008 Leaves Pensions Underfunded.
Stock Losses Leave $400 Billion Deficit; Shoring Up Funds May Be Costly
By David S. Hilzenrath, Staff Writer
Washington
Post Thursday, January 8, 2009
The collapse of the stock market last year left corporate pension plans at the
largest companies underfunded by $409 billion, reversing a $60 billion pension
surplus at the end of 2007
SkyWi president says Qwest cost his firm
customers The Associated Press
Denver Post Monday, January 5, 2009
ALBUQUERQUE, NM
The president of a
New Mexico
internet and telephone provider says he fears his company has lost its
customers' trust after Qwest Communications disconnected its service last week
PRC orders Qwest to restore Internet service
The Associated Press Denver
Post Thursday, January 1, 2009
LAS CRUCES, NM
New Mexico
regulators have ordered Qwest to restore service to customers of independently
owned and operated Internet service provider SkyWi Inc.
Qwest pulls plug on NM Internet provider
The Associated Press Denver
Post Wednesday, Decemer 31- 2008
LAS CRUCES, N.M.
Qwest has disconnected independently owned and operated Internet service
provider SkyWi Inc., contending SkyWi owes $1.7 million for services dating back
to September
Some Breathing Room for IRA's. New Law
Suspends Withdrawals in 2009. Here's How the Rules Will Work
By Anne Tergesen The Wall Street Journal Friday, December 26, 2008
Retirees who ignore the annual distributions they are required to take from
their individual retirement accounts usually run a big risk
Nacchio seeks dismissal of SEC allegations
The Denver Post
Thursday, December 25, 2008
Former Qwest chief executive Joe Nacchio is asking a judge
to dismiss Securities and Exchange Commission claims against him
Executive Pay.
After years of watching the top
echelons of corporate management take home billions, shareholders want to know:
Will inflated pay packages get slashed?
By David S. Hilzenrath,
Staff WriterWashington
Post Sunday, December 21, 2008
Angelo R.
Mozilo, whose Countrywide Financial came to symbolize the failings of the
mortgage industry, took home more than half a billion dollars from 1998 to 2007
Shareholders Seek More Say on Pay
By Heather Landy Special to The
Washington
Post Sunday, December 21, 2008
So you're a shareholder in a company you believe pays its top executives far too
much. What can you do about it?
Medical insurer renews partnership By
Myung Oak Kim Rocky Mountain News Tuesday, December 23, 2008
UnitedHealthcare, the second-largest medical insurer in
Colorado, has renewed its contract with Exempla Healthcare
House Passes Bill to Ease Pension Crunch
for Retirees, Companies By Nancy Trejos, Staff Writer
Washington
Post Thursday, December 11, 2008
The
House of Representatives last night approved a bill
that would provide relief to older Americans who have lost much of their
retirement savings and to companies that have complained of stringent
requirements for funding their pension plans during a market downturn
Numerous outcomes possible for ruling on
Nacchio. Even if the conviction of the former Qwest CEO is upheld, a three-judge
panel may still get the case back By Andy Vuong
Denver Post Thursday, December 11, 2008
When the full 10th Circuit Court of Appeals rules on former
Qwest chief executive Joe Nacchio's appeal of his insider-trading conviction,
some issues may remain unresolved
Just One Real Leader, and We Could Have
Avoided This Mess By Steven Pearlstein
Washington
Post Friday, December 12, 2008
I'd like to pick up where my last column left off, with the lack of leadership
shown by top
Wall Street executives
Congress acts to help employer pension
funds hit by recession; bill awaits Bush's signature By Jim Abrams,
Associated Press
Minneapolis
Star Tribume Friday, December 12, 2008
WASHINGTON
In one of its final acts of the year, Congress on Thursday
relieved businesses of paying billions of dollars in required contributions to
their pension plans in the coming year
Retirees fight Windstream plan to cut
benefits By Josh Funk, Associated Press Forbes.com Friday, December 5, 2008
Windstream Corp. wants a federal judge to affirm its authority to reduce retiree
benefits even when the people affected retired from other phone companies that
Windstream acquired over the years
Corporate Finance Chiefs Face New Pressures.
Turnover of CFOs at Major Companies Rises Sharply and Outpaces CEO Departures,
Amid Credit Crisis and Slowing Economy By Cari Tuna
The Wall Street Journal
Monday, December 1, 2008
The credit crisis and slowing economy are creating new pressures for chief
financial officers, spurring turnover and increasing demand for experienced
finance professionals
AT&T Cutting 12,000 Jobs. Company Cites
Economy, Business Mix By Amol Sharma The Wall Street Journal Thursday,
December 5, 2008
AT&T
Inc. said it will cut about 12,000 jobs, or 4% of its workforce, as the telecom
provider deals with a slowing economy and increased competition in the
residential market from cable companies
Qwest Says It Has the Resources to Cover
Debt By Roger Cheng The Wall Street Journal Monday, November 24, 2008
Qwest Communications International Inc. Chief Financial Officer Joseph Euteneuer
assured Wall Street that the company was generating enough free cash and had
enough "levers" to pull to cover its debt.
Preliminary OK given to Qwest investor
settlement The Associated Press
Denver Post
Thursday, November 27, 2008
DENVER
A federal judge gave preliminary approval Wednesday to a
$45 million settlement of shareholder allegations of securities fraud by two
former Qwest executives
Former Enron Prosecutor Speaks Out:
Criminal Charges Shouldn't Be So Easy
By Amir Efrati The Wall Street Journal Friday, November 21, 2008
As one of the lead Justice Department prosecutors investigating the collapse of
Enron Corp., Andrew Weissmann in 2002 helped bring criminal charges against
Enron's accounting firm, Arthur Andersen, for allegedly destroying evidence
Before the Bust, These CEOs Took Money Off
the Table By Mark Maremont, John Hechinger and Maurice Tamman The Wall
Street Journal
Thursday, November 20, 2008
The credit bubble has burst. The economy is tanking.
Investors in the U.S.
stock market have lost more than $9 trillion since its peak a year ago
Qwest union workers in
Montana
ratify new contract The Associated Press
Denver Post Wednesday, November 18, 2008
DENVER
Qwest Communications International Inc. union workers in
Montana
have ratified a new contract
Business Groups Pushing for Relief From Pension Law
By Stephen Manning, Associated Press
Washington
Post Wednesday, November 12, 2008 With pension funds facing billions of
dollars in shortfalls as markets plunge, a range of companies from Ford to
Verizon are pushing Congress to suspend portions of a two-years-old law
Qwest union ratifies contract By
Kimberly S. Johnson
Denver Post Friday, November 7, 2008
Members the Communications Workers of America union at
Qwest voted today to ratify a new four-year contract
Business Groups Pushing for Relief From
Pension Law By Stephen Manning, Associated Press
Washington
Post Wednesday, November 12, 2008
With pension funds facing billions of dollars in shortfalls as markets plunge, a
range of companies from Ford to
Verizon are pushing Congress to suspend portions of a two-year-old law
Union
extends contract vote
Denver
Post Friday, October 31, 2008
Qwest employees represented by the Communications Workers of America union are
getting more time to vote on a proposed four-year contract
Qwest 3Q profit down;
will cut 1,200 jobs By PETER SVENSSON, AP Technology Writer
Denver Post Wednesday, October 29, 2008
NEW YORK
Qwest Communications
International Inc. posted a profit for its third quarter Wednesday, but said the
continued slide of its traditional phone business is forcing it to cut 1,200
jobs, 3 percent of its work force
"I" is for irony,
cellmate By Al Lewis, Dow Jones Newswires Denver Post Monday, October
27, 2008 It's getting tougher to say who
might end up in prison first, former Qwest Communications International Inc. CEO
Joe Nacchio or the federal judge who slapped him with a six-year sentence on
insider-trading charges
Tellabs reports $1B
loss, cutting 280 jobs By Sandra Guy, Business Reporter
Chicago Sun Times Wednesday, October 22, 2008
Tellabs on Tuesday reported a nearly $1 billion
loss, mostly to write down asset value, and said it will lay off 280 employees
due to weak sales
Complaint still hangs
over judge
By Berny Morson Rocky
Mountain News Thursday, October 23, 2008
A piece of U.S. District Court Judge Edward Nottingham's legal troubles is still
unresolved before a state ethics panel, despite his resignation from the bench
Judge Nottingham quits amid inquiry. He
faced possible impeachment in misconduct case
By Berny Morson Rocky Mountain
News Wednesday, October 22, 2008
U.S.
District Court Judge Edward Nottingham resigned Tuesday amid an investigation of
charges that he asked a prostitute to lie about their relationship
Federal judge may resign amid inquiry
By Felisa Cordona
Denver Post Friday, October 17, 2008
Chief U.S. District
Judge Edward W. Nottingham Jr. is contemplating resignation in the midst
of a judicial probe of his conduct outside the courtroom
Federal judge expected to go.
Nottingham mired in sex-related misconduct issues
By Sara Burnett Rocky Mountain
News Friday, October 17, 2008
Chief U.S. District
Judge Edward W. Nottingham
is expected to quit the federal bench amid a new sex-related scandal and a
closed-door judicial misconduct hearing that didn't go well, sources said
Thursday
Union hopeful on
contract By Steve Raabe Denver
Post Tuesday, October 14, 2008
Officials of Qwest's largest union say a newly
negotiated contract proposal might fare better with members who voted down an
earlier deal
Qwest, CWA reach
4-year labor agreement By Jeff Smith Rocky Mountain News Saturday,
October 11, 2008 Updated October 11, 2008 at 1:50 a.m.
Qwest Communications and its largest union reached
a tentative agreement late Friday night on a new contract that calls for a 12.55
percent wage increase over four years and modest health-care premium sharing
Qwest, union face
midnight deadline By Jeff Smith Rocky Mountain News
Friday, October 10, 2008
Qwest and its largest union, the Communications
Workers of America, resumed bargaining Thursday in efforts to reach a tentative
agreement by a midnight deadline today
WALL STREET WEST:
Up-to-the-minute local reaction to the financial crisis By Jeff Smith
Rocky Mountain News Thursday, 9, 2008
Local telcos take beating
Local telco stocks have been battered amid the recent financial turmoil
Qwest, Level 3
declines steeper than the average By Jeff Smith Rocky Mountain News
Thursday, October 9, 2008 The market has battered local
telco stocks in recent weeks, with Broomfield-based Level 3 Communications
dipping below $2 a share and Denver-based Qwest hovering just above that mark
Qwest seeking court
costs in retirees' suit. Judge ruled in company's favor on death benefit By
Jeff Smith Rocky Mountain News Tuesday, October 7, 2008 at 12:05 a.m.
U S West/Qwest retirees are miffed that the Denver telco is seeking $2,672 in court costs
in connection with a lawsuit the retirees filed to try to preserve a death
benefit
Qwest, union schedule resumption of
contract talks
Rocky Mountain News
Friday, October 3, 2008
Qwest Communications and its
largest union will resume bargaining Thursday, setting a midnight deadline
Friday for reaching a new tentative agreement
Exec fraud initiative
gains strength. Growing support linked to turmoil on Wall Street By David
Milstead Rocky Mountain News Thursday, October 2, 2008
The
turmoil on Wall Street seems to be boosting the prospects of Colorado's labor-backed
ballot initiative on corporate fraud
Union, Qwest talk about future
Denver Post Thursday, October 2, 2008
A day after members of the
Communications Workers of America rejected a contract offer from Qwest,
officials from both sides met Wednesday to lay out plans for additional talks
and a contract extension
Qwest workers say no to contract. No work stoppages are planned, but one was
OK'd in August before a deal was reached with the union By Steve Raabe
Denver Post Wednesday, October 1, 2008 Members of
the Communications Workers of America at Qwest rejected a proposed new contract
Tuesday covering 20,000 employees in 13 states
Qwest union rejects contract By Jeff Smith Rocky Mountain News Wednesday,
October 1, 2008
Members of Qwest
Communications' largest union have rejected a contract that would have increased
wages by 9.73 percent over three years but required health care premium-sharing
for the first time
Court hears Nacchio appeal of conviction By Tom McGhee
Denver Post Thursday, September 25, 2008 1:41 p.m.
Court in recess. 1:40 p.m. Mahoney in rebuttal. Judge Mary Beck Brisco asks why
the defense didn't request a continuance to address question of testimony.
Nacchio could have come back from his home in
New Jersey to make it, she adds. "He's a frequent flyer
— he could have come back."
Nacchio case goes to full court. Oral arguments take 40 minutes, decision to
come in months ahead By Jeff Smith Rocky Mountain News
Thursday, September 25, 2008 Updated September 25, 2008 at 2:03 p.m.
1:40 p.m.: Oral arguments completed in the Joe
Nacchio case in front of the full appellate court.
Nacchio still in
jeopardy. Experts say it's likely that the ex-Qwest CEO's conviction will be
affirmed By Andy Vuong
Denver Post Friday, September 26, 2008
The attorney for former Qwest chief executive Joe Nacchio
was just moments into arguing for reversal of his insider-trading conviction
Thursday when a flurry of questions from judges took her off script
Nacchio appeal likely to be decided by filings, not oral argument
By Scott Robinson Rocky Mountain News
Friday, September 26, 2008 Did Judge Edward
Nottingham shortchange the Nacchio defense?
Experts expect Nacchio guilty verdict to
stand. Judges more hostile to ex-Qwest CEO's attorney
Rocky Mountain News By
Sara Burnett and Jeff Smith Friday, September 26, 2008
Legal experts walked out of Joe Nacchio's appellate court
hearing Thursday with a nearly unanimous prediction: an initial guilty
verdict for the former Qwest CEO's insider trading trial will be reinstated
Bush yields on exec
pay. Compromise closer By Julie Hirschfeld Davis and David Espo, Associated
Press Denver
Post Thursday, September 25, 2008
WASHINGTON President
Bush summoned Barack Obama, John McCain and legislative leaders to an
extraordinary White House summit, warning Americans and Congress on Wednesday
night that failing to act on a $700 billion financial-industry bailout could
lead to "a long and painful recession."
What you need to know about Nacchio appeal By Sara Burnett and Jeff Smith
Rocky Mountain News Thursday, September 25, 2008 Attorneys
for the government and former Qwest CEO Joe Nacchio will face off today in a
rare hearing before the full 10th Circuit Court of Appeals
Another chapter in a book that never ends By Al Lewis Dow Jones Newswires
Denver Post Wednesday, September 24, 2008 Former
WorldCom chief executive Bernie Ebbers is serving 25 years in prison
Nacchio's next battle begins Thursday By Andy Vuong Denver Post Wednesday,
September 24, 2008 Joe
Nacchio's insider-trading case will take center stage again at a federal court
in Denver, this
time as the focus of a rare full-court appellate review
Retirees criticize 'golden parachute' deal for Qwest CFO By Jeff Smith Rocky
Mountain News Tuesday, September 23, 2008 A
potential multimillion-dollar "golden parachute" for Qwest's new chief financial
officer is being criticized by a retirees group, which says shareholders should
approve such packages
Qwest selects Euteneuer as CFO By Jeff Smith Rocky Mountain News Tuesday,
September 16, 2008
Qwest Communications has
tapped a satellite radio and cable-TV veteran with mergers and acquisition
experience as its new chief financial office
Fair trial at issue in
Nacchio appeal. 9-judge panel to hear arguments over key witness By Jeff
Smith Rocky Mountain News Saturday, September 20, 2008 Did former Qwest CEO Joe
Nacchio get a fair trial?
Feds propose huge bailout plan. $500
billion tag for U.S. to buy up
bad loans, debt
By Tom Raum and Jeannine Aversa, Associated Press
Rocky Mountain News Saturday, September 20, 2008
Struggling to stave off financial
catastrophe, the Bush administration on Friday laid out a radical bailout plan
with a jaw-dropping price tag
Qwest, execs try to ease ballot battle. The talks aim to remove four union
measures in return for help fighting Amendment 47 By Andy Vuong
Denver Post Thursday, September 18, 2008
Denver-based Qwest and Colorado Concern, an alliance of top business executives,
are trying to quell a battle between business and organized labor over competing
November ballot initiatives
Qwest considers paying off more debt Rocky Wire Reports Thursday, September
18, 2008 Denver-based Qwest
Communications International Inc., the third-largest local phone company, may
pay off more debt instead of refinancing it because of "shaky" credit markets,
Chief Executive Officer Edward Mueller said
Qwest taps ex-Comcast, XM Radio exec as CFO
By Kimberly S. Johnson
Denver Post Tuesday, September 16,
2008
Qwest named former XM Radio and
Comcast Corp. executive Joseph J. Euteneuer its chief financial officer Monday.
UnitedHealth Ex-CEO Settles Pay Case By Vanessa Fuhrmans The Wall Street
Journal Thursday, September 11, 2008 Former
UnitedHealth Group
Inc. Chief Executive William McGuire agreed to pay $30 million and forfeit 3.7
million stock options to settle shareholder claims
Criminal-defense group again backs Nacchio
Denver Post Friday, September 5, 2008 The
National Association of Criminal Defense Lawyers has once again come to the
support of former Qwest chief executive Joe Nacchio, whose insider-trading
conviction is being reviewed by the full 10th Circuit Court of Appeals
Nacchio: Witness excluded at trial was 'heart' of defense By Jeff Smith
Rocky Mountain News Tuesday, September 2, 2008 An expert witness excluded
from testifying at former Qwest CEO Joe Nacchio's insider-trading trial last
year represented the "heart" of his defense, his attorneys argue in a filing
Qwest workers face
health premium. For first time, union members to pay part of cost By Jeff
Smith Rocky Mountain News Saturday, August 30, 2008 Qwest union employees will pay
a portion of their health care premiums for the first time in 2009, with costs
ranging from $33 a month for individuals to $75 for family coverage, according
to a copy of the agreement
Qwest 'over-ready' for
DNC, chief exec says. Mueller: 3-year pact shows union, telco are partners
By Jeff Smith Rocky Mountain News Thursday, August 21, 2008 Qwest Communications is ready
for the Democratic National Convention, and its top executive said he never
thought a strike would disrupt operations
Qwest, unions reach
tentative three-year pact. Agreement averts strike; members voting next month
By Roger Fillion and Jeff Smith Rocky Mountain News Tuesday, August 19, 2008
Qwest Communications reached a
tentative three-year labor agreement with two of its unions, averting a possible
strike a week before the start of the Democratic National Convention in
Denver
Qwest contract talks
stalled By Steve Raabe Denver
Post Sunday, August 17, 2008 Article Last Updated: 08/17/2008 12:35:17 PM MDT
Qwest and the Communications
Workers of America District 7 said this morning that contract talks have stalled
Qwest, unions reach agreement, avert strike By Jeff Smith Rocky Mountain
News Monday, August 18, 2008 Qwest and its two unions have
reached tentative agreements on new, three-year contracts, averting a potential
strike one week before the National Democratic Convention in
Denver
Qwest, union keep
talking as contract expires The Associated Press
Denver Post Sunday, August 17, 2008 Article Last
Updated: 08/17/2008 01:58:21 AM MDT Members of the Communications Workers of
America listen to union...
Qwest faces deadline on union pact By Steve Raabs
Denver Post Friday, August 15, 2008 Negotiations between Qwest and
its chief union are picking up speed as their labor contract nears expiration
Veteran Justice Dept. attorney to handle Nacchio case By Andy Vuong Denver
Post Wednesday, August 13, 2008 Article
Last Updated: 08/13/2008 03:50:33 PM MDT A veteran Department of Justice
attorney who has argued 100 cases before the U.S. Supreme Court will handle the
appellate review of former Qwest chief executive Joe Nacchio's illegal
insider-trading case
Heavy hitter landed for Nacchio case By Jeff Smith Rocky Mountain News
Thursday, August 14, 2008 A veteran
Supreme Court attorney will represent the government in the full appellate court
case against former Qwest CEO Joe Nacchio in September
Telstra's Net Rises 14% By Sam Holmes The Wall Street Journal Wednesday,
August 13, 2008 SYDNEY-- Telstra
Corp., Australia's
biggest telecommunications company, said Wednesday annual net profit rose 14%
from the previous year, boosted by increased mobile and broadband revenues, but
slightly below market expectations
Insurers Expect
Health-Care Costs To Rise More Than 10% Next Year Associated Press The Wall
Street Journal Tuesday, August 12, 2008 Health-care costs are expected
to rise more than 10% into next year, according to a survey of insurers by Aon
Consulting Worldwide
Verizon labor deal could bode well for Denver telco By Jeff Smith
Rocky Mountain News Tuesday, August 12, 2008
A Verizon
labor agreement Sunday that averted a potential strike could bode well for
successful Qwest-union talks, though both sides were quick to say Monday the
financial situation is different here
Verizon Settlement
Provides New Union Jobs, Protects Health Care for Active and Retired Workers,
Boosts Wages, Pensions for 65,000 Monday, August 11, 2008 Washington,
D.C. -- A new tentative three-year
contract settlement with Verizon achieves union employees' major goals of
promoting union jobs and expanding bargaining rights
Verizon-Union Deal
Averts Strike. Three-Year Pact Will Create Jobs; Ratification Awaits By Amol
Sharma The Wall Street Journal
Monday, August 11, 2008
Verizon Communications
Inc. reached a deal with two labor unions covering 65,000 workers, averting a
potential strike that could have affected the telecom giant's installation and
repair operations in Northeastern and Mid-Atlantic states
CWA votes to authorize Qwest strike
Denver Post Sunday, August 10, 2008
Members of Communications
Workers of America District 7 voted to authorize a strike against Qwest if
negotiations fail to produce a new contract, union officials said Saturday night
Qwest adds millions to settle old lawsuit By Jeff Smith Rocky Mountain News
Thursday, August 7, 2008 Qwest
Communications has agreed to pay an additional $40 million to settle a
lingering, 7-year-old class-action securities fraud lawsuit, according to a
regulatory filing Wednesday
Qwest cites competition in 24 percent income decline By Steve Raabe
Denver Post Wednesday, August 6, 2008
Article Last Updated: 08/06/2008 09:10:02 AM MDT
Denver-based Qwest reported a 24 percent drop in net income for the second
quarter as the company lost phone customers to cable and wireless providers
Qwest Posts Lower
Profit, Trims Full-Year Outlook By Donna Kardos and Shirleen Dorman The Wall
Street Journal Wednesday, August 6, 2008 11:26 a.m.
Qwest Communications International
Inc. reported a 24% drop in second-quarter profit amid declining revenue and a
tax charge
Companies Tap Pension Plans
To Fund Executive Benefits. Little-Known Move Uses Tax Break
Meant For Rank and File The Wall Street Journal
By Ellen E. Schultz and Theo Francis
Monday, August 4, 2008
At a time when scores of
companies are freezing pensions for their workers, some are
quietly converting their pension plans into resources to finance
their executives' retirement benefits and pay
Qwest plans cybercenter in Albuquerque The Associated Press
Denver Post Saturday, August 2, 2008
SANTA FE
Some funds
for a planned $40 million Qwest Communications cybercenter in
Albuquerque
can count toward state-mandated service improvements
SEC to consider reporting changes By Ian
Katz, Bloomberg News
Denver Post
Monday, August 4, 2008 The U.S.
Securities and Exchange Commission will begin considering some of the 25
proposals from an advisory group seeking to make financial reporting less
complex, Chairman Christopher Cox said
Verizon Workers' Unions Delay Planned Strike,
Continue Talks By Amol Sharma The Wall Street Journal Sunday, August 3, 2008
Unions
representing workers at
Verizon Communications
Inc. delayed a planned strike, citing progress in their weekend contract
negotiations with the telecom giant
Verizon, Unions Negotiate As Strike Deadline Looms By Amol Sharma The Wall
Streeet Journal Saturday, August 2, 2008
Verizon Communications
Inc. was facing a weekend labor strike deadline as it negotiated Friday with
unions representing about 65,000 employees
Retirees cheer Nacchio decision By Alex
McCarthy and Andy Vuong
Denver Post Thursday, July 31, 2008
Qwest retirees rejoiced over Wednesday's decision that a
full panel of appellate judges will reconsider former Qwest chief executive Joe
Nacchio's insider-trading conviction
Second look at bid for
new Nacchio trial. Full appeals court to decide whether conviction stands By
Sara Burnett and Jeff Smith Thursday, July 31, 2008 The Department of Justice
scored a victory Wednesday in its ongoing case against Joe Nacchio, as the full
10th Circuit Court of Appeals agreed to consider whether the former Qwest CEO's
conviction should stand
Computer Glitch? Consider Calling the Phone Company By Andrew LaValle The
Wall Street Journal Thursday, July 31, 2008 When Rob
Tugman's computers started acting up, he called the manufacturer
Qwest names Tom Richards operations chief By Andy Vuong Denver Post
Wednesday, July 30, 2009 Qwest and its board of
directors announced today that Tom Richards has been appointed chief operating
officer
Qwest's Richards takes on new responsibilities By Jeff Smith Rocky Mountain
News Wednesday, July 30, 2008 Qwest has
promoted Tom Richards to chief operating officer, a title the Denver telco hasn't used
since 2000.
Renewables attract Anschutz. The
Denver billionaire's company plans to generate and
transmit wind power By Andy Vuong
Denver Post Wednesday, July 30, 2008
Philip Anschutz (RJ Sangosti, The Denver Post)
Denver
billionaire investor Philip Anschutz is plugging into the red-hot
renewable-energy field, announcing plans to develop multibillion-dollar
wind-farm and transmission-line projects
Bell Canada to
Cut 2,500 Jobs Associated Press The Wall Street Journal Tuesday, July 29,
2008
BCE Inc. said it is
cutting about 2,500 positions at Bell
Canada,
representing about 6% of the unit's total workforce
Chairman Tchuruk, CEO
Russo To Step Down From Alcatel-Lucent By Leila Abboud and Jethro Mullen The
Wall Street Journal Tuesday, July 29, 2008 PARIS The architects of the
trans-Atlantic merger that created
Alcatel-Lucent two years
ago are stepping aside
Qwest insists network price caps unnecessary. The FCC wants better competition
in four markets to lift controls. By Alex McCarthy
Denver Post
Tuesday, July 29, 2008 Qwest
Communications is looking to prove that its level of market competition meets
regulators' standards after the Federal Communications Commission denied its
forbearance petition Friday, a company official said
Retirees claim 'threat' by Qwest
ALBUQUERQUE JOURNAL
By Jack King Journal
Staff Writer
Monday, July 28, 2008
In the latest development in an on-going legal battle, representatives of a
Qwest retirees association charge the company's lawyers have threatened the
phone company's retirees' with the loss of the life insurance in their
retirement packages
Unions Rally, Vowing Strike at Verizon
By Javier C. Hernandez New York Times Sunday, July 27, 2008 The unions
representing 65,000
Verizon workers on
Saturday resounded a pledge to strike if demands for higher wages, caps on
health care payments and limits on outsourcing jobs are not honored
Qwest petition denied by FCC By Kimberly
S. Johnson
Denver Post Saturday, July 26, 2008
The Federal
Communications Commission denied a forbearance petition by Qwest Friday that
would have let the carrier charge more to wholesale customers that must lease
the company's "last-mile" network lines
Enron prosecutor on Joe
Nacchio team. Sean Berkowitz has role defending former Qwest CEO By Keith
Coffman, Special To Rocky Rocky Mountain News Thursday, July 24, 2008 The lawyer who prosecuted former Enron
executives Kenneth Lay and Jeffrey Skilling is now on the other side of the
white-collar crime legal fence -- defending former Qwest CEO Joe Nacchio from
civil fraud charges brought by the Securities and Exchange Commission
Qwest eyes Phoenix in regulation case By Jeff Smith
Rocky Mountain News Wednesday, July 23, 2008 With Qwest's
request to remove wholesale price regulation in four metro areas an uphill
battle, the Denver telco is focusing its final
efforts on its best case: Phoenix
Tough Times Prompt Patients to Skip Care
By Benjamin Brewer, M.D. The Wall Street Journal Wednesday, July 23, 2008
With
gas prices hovering around $4 a gallon, my patients are cutting back on medical
care
Lawsuit Threatens Sarbanes-Oxley Act By Jane Bryant Quinn
Washington
Post Sunday, July 20, 2008 Just when you
thought that the drive toward better financial accounting couldn't be stopped, a
stick may be shoved into the spokes
New Breed of Directors Reaches Out to
Shareholders. Treading a Fine Line Between Apologist, Sympathetic Ear By
Joann S. Lublin The Wall Street Journal Monday, July 21, 2008
Bonnie G. Hill, the longest-serving director at
Home Depot Inc., has a new role: "heat shield" against
dissatisfied investors
Tax districts owe Qwest $40 million.
Maricopa County must pay $26.9 mil
By Yvonne Wingett and Ryan Randazzo The
Arizona Republic Sunday, July 13, 2008
Arizona's
counties, cities, towns, school districts and other local taxing districts must
pony up millions of dollars
MassMutual offers free
life insurance for working parents. $50,000 policies offered for free to benefit
children By Jonathan D. Epstein, NEWS BUSINESS REPORTER
Buffalo News Saturday, July 19, 2008 Massachusetts Mutual Life Insurance
Co. is offering free $50,000 life insurance policies for 10 years to benefit the
children of low-income working consumers in
Buffalo
Qwest deregulation plea draws fire By
Jeff Smith Rocky Mountai n NewsThursday, July 17, 2008
Residential and business price hikes undermine Qwest's plea for deregulation in
the metro area, the Colorado
Office of Consumer Counsel argued this week
Class-action sought for Qwest benefits suit
Denver Post Wednesday, July 16, 2008
An attorney for the Association for U S West/Qwest retirees
filed a document in U.S. District Court in
Denver
Tuesday in an effort to get class-action status for a lawsuit regarding
life-insurance benefits.
Retiree Benefits Take Another Hit. GM's Plan
to End Medical Coverage For Many 65 and Over Signals a New Era; Pensions to
Increase by $300 a Month By Vanessa Fuhrmans and Theo Francis The Wall
Street Journal
Wednesday, July 16, 2008
General Motors Corp.'s move to eliminate retiree health
benefits for salaried workers is a sobering signal to the rest of the U.S. work force
Packers name ex-Qwest exec a senior VP
Denver Post Wednesday, July 16, 2008
The Green Bay Packers named former Qwest executive Laura
Sankey as senior vice president of marketing and sales
Last defendant in Milberg kickback case
pleads guilty From the Associated Press
Los Angeles
Times Tuesday, July 15, 2008
The last defendant in a major federal kickback case
involving class-action lawsuits against some of the nation's biggest
corporations pleaded guilty Monday to a tax-related felony
Lawyer to Plead Guilty in Kickback Scheme
By THE ASSOCIATED PRESS New York Times Saturday, July 12, 2008
Paul T. Selzer, a lawyer who is the final defendant in a
federal kickback case involving class-action lawsuits against big corporations,
has agreed to plead guilty to a tax-related felony, prosecutors in Los Angeles said Friday
Many Retirees Face Prospect of Outliving
Savings, Study Says By Nancy Trejos, Staff Writer
Washington
Post Sunday, July 13, 2008
Nearly three out of five middle-class retirees will probably run out of money if
they maintain their pre-retirement lifestyles, a new study from Ernst & Young
has concluded
Depositions of former Qwest execs delayed.
Postponement due to uncertainty of Joe Nacchio's case By Jeff Smith Rocky
Mountain News Thursday, July 9, 2008
A defense attorney Wednesday described the Securities and
Exchange Commission's civil fraud case against five former Qwest executives as
in a "syrupy morass."
Retirees slam Qwest filing. The group says
the firm is threatening to end life-insurance benefits for all if a class-action
lawsuit succeeds By Kimberly S. Johnson
Denver Post Thursday, July 10, 2008
Qwest retirees are voicing concern over comments made in a
brief filed by Qwest last week in a case surrounding their life-insurance
benefits
Qwest, union have reason to deal: DNC.
Neither wants a strike before the convention By Jeff Smith Rocky Mountain
News Saturday, July 5, 2008
Qwest Communications and its largest union start new contract talks Tuesday,
negotiations especially critical given the upcoming Democratic National
Convention in Denver
Telstra Purchases Majority Stakes In 2
China
Firms By Lyndal McFarland
The Wall Street Journal Monday, June 30, 2008
SYDNEY
Telstra Corp. said Friday it has taken majority stakes in
two more online advertising groups in China,
which it could spin off later in an initial public offering
AT&T moving headquarters to Dallas The
Denver Post Sunday, June 29, 2008
DALLAS
AT&T Inc., the nation's largest telecommunications company,
said Friday that it is moving its corporate headquarters to Dallas from San
Antonio for easier access to customers and operations around the world
Qwest: Let FCC rule on prices. The company
asks Congress to stay out of the debate as it seeks an exception to limits on
its wholesale service rates By Kimberly S. Johnson
Denver Post Thursday, June 26, 2008
With just a month before a key regulatory ruling, Qwest is
continuing to fight for a petition that would let it raise rates for wholesale
customers and is asking congressional members to refrain from getting involved
HR Departments Get New Star Power at Some
Firms. Business Executives Now Tapped to Lead As Job Is Rethought By Erin
White The Wall Street Journal
When the CEO of Qwest Communications International Inc. asked Teresa Taylor to
run human resources a few years ago, she thought she was being punished
(AZ) Qwest chief Pat Quinn stepping down
By Amy Eagleburger The Arizona Republic Wednesday, June 11, 2008
Qwest Arizona said Wednesday that President Pat Quinn would step down after 31
years with the company
SEC: Fraud case against former Qwest execs
should proceed Denver
Post Thursday, June12, 2008
The Securities and Exchange Commission said five former
Qwest executives have failed to prove why the SEC's fraud complaint against them
should be dismissed
Anschutz, IRS lock horns again in latest
joust. The Denver
billionaire's legal battle with the government is at least his seventh since
1987 By Greg Griffin
Denver Post Wednesday, June 11, 2008
Philip Anschutz's ongoing dispute with the Internal Revenue
Service isn't his first battle with the tax man
A tax break for funding HSAs via IRAs
By Lydell C. Bridgeford, Employee Benefit News SourceMedia, Inc. Tuesday, June
10, 2008
Owners of individual retirement accounts who are enrolled in a high-deductible
health plan (HDHP) can now shift IRA funds to a Health Savings Account (HSA)
without facing a tax penalty
Companies Promise CEOs Lavish Posthumous
Paydays. Options Vest, Insurance Flows; Even Salaries May Continue By Mark
Maremont The Wall Street Journal Tuesday, June 10, 2008
You still can't take it with you. But some executives have
arranged for the next best thing: huge corporate payouts to their heirs if
they die in office
Dispute with IRS could cost Anschutz
millions. Issue hinges on whether a loan is sometimes a sale
By David Milstead Rocky Mountain News Tuesday, June 10, 2008
Denver
financier Phil Anschutz's tussle with the taxman is an academic exercise with at
least $113 million at stake
Qwest hiking rates for a la carte services
By Jeff Smith Rocky Mountain News Tuesday, June 10, 2008
Qwest Communications is raising the rates of a la carte products -- such as
caller ID and call forwarding -- by 7 to 28 percent. The new rates take
effect July 1
When is a sale not a sale?
By Al Lewis Denver Post Tuesday, June 10, 2008
Denver
billionaire Phil Anschutz got a letter from the Internal Revenue Service last
year, demanding $143.6 million in back taxes
IRS Targets Billionaire's Lucrative Tax
Strategy By
Jesse Drucker The Wall Street Journal Monday, June 9, 2008
The Internal Revenue Service is fighting with billionaire
Philip Anschutz to force the Denver-based mogul to pay back taxes totaling
$143.6 million. The court battle is part of a broad attempt by tax authorities
to crack down on complex transactions used to defer paying capital-gains taxes.
Performance pay sends salaries into higher
orbit. Execs' rewards overshadow raises given typical worker By David
Milstead Rocky Mountain News Saturday, June 7, 2008
Executive pay continues to increase at a pace far beyond
the raises typical workers see in their paychecks
Grinding axes over unions By Al Lewis
Denver Post Tuesday, June 17, 2008
Jay Hesterman, a technician at Qwest, resigned from a union 14 years ago, but he
still pays about $500 a year in dues and gets the union's newsletter anyway
Milberg law firm says it will pay $75M to
settle case By Greg Risling, Associated Press Writer Rocky Mountain News
Tuesday, June 17, 2008
LOS ANGELES (AP) -- The Milberg law firm will pay $75 million to settle a
federal kickback case involving class-action lawsuits against some of the
nation's biggest corporations
Qwest, union begin negotiations in July.
Workplace issues and health-care benefits are expected to dominate the contract
talks
By Kimberly S. Johnson
Denver Post Friday, June 6, 2008
Health care and the number of benchmarks employees must reach will be among the
top issues next month when Qwest and its union begin contract negotiations
Class-Action Law Firm Close to a Settlement
By Nathan Koppel The Wall Street Journal Monday, June 2, 2008
Class-action law firm Milberg LLP is close to a settlement that could end a
federal prosecution of the firm for alleged kickbacks, according to two people
familiar with the discussions
Alcatel Talks Up Its Prospects to Holders
By Jethro Mullen and Leila Abboud The Wall Street Journal Saturday May 31, 2008
PARIS
Alcatel-Lucent tried to
reassure restive shareholders at its annual meeting that its long-term growth
prospects were strong, despite the competitive pressures buffeting the
telecommunications-equipment sector
Weiss gets prison for legal scheme
By
Greg Risling, AP Denver
Post Tuesday, June 3, 2008
LOS ANGELES Melvyn Weiss, the co-founder of a law firm known for securities
class-action suits, was sentenced Monday to 30 months in prison for his role in
a lucrative lawsuit kickback scheme targeting some of the largest corporations
in the nation
Some Qwest directors warm to stockholders at
annual event
By Jane Hoback & Gil Rudawsky Rocky Mountain News Friday, May
30, 2008
Nelson Phelps noticed a change by Qwest's board of directors this year at the
annual stockholders meeting
DNC host officials short on cash. The
committee for the Democratic convention considers cuts in light of the
fundraising shortfall. By Chuck Plunkett Denver Post Friday, May 30, 2008
Millions of dollars behind in raising money and unlikely to meet a
fast-approaching final deadline, the
Denver
committee hosting the Democratic National Convention is considering spending
cuts
SEC asks court to uphold complaints vs.
ex-Qwest execs
Denver
Post Friday, May 30, 2008
The Securities and Exchange Commssion wants a court to uphold its complaints
against former Qwest executives who say claims against them should be dismissed
Customer service survey frowns on Comcast,
Qwest, Dish
By Jeff Smith Rocky Mountain News Thursday, May 29, 2008
Colorado has the notorious distinction of being a hub of
sorts for companies perceived as doling out poor customer service
Family to drop suit against ranch over Qwest
exec's death
The Associated Press
Denver Post Thursday, May 29, 2008
DENVER
The family of a Qwest executive killed while
turkey hunting in 2005 is dropping a lawsuit filed against the ranch that hired
the suspect, according to a court document
CEO Security: No Replacements. Lack of Deep
Bench Can Help Preserve Poor Performers By Joann S. Lublin The Wall Street
Journal Tuesday, May 27, 2008
Fewer big-company chief executives are leaving their posts, and CEOs face little
risk of dismissal even after two years of poor shareholder returns, according to
a new study
Qwest misses a connection
By Al Lewis
Denver Post Sunday, May 25, 2008
Qwest customer Joe Halpern has a problem. "I have a Ph.D. with an emphasis in
applied statistics and I can't understand my bill," he told me
Qwest on defensive at meeting. Shareholders
and retirees grill the board of directors and executives, but CEO Ed Mueller
takes it in stride
By Kimberly S. Johnson The
Denver Post Friday, May 23, 2008
Shareholders and retirees ripped into Qwest's executives
and board of directors during their annual meeting Thursday, asking for better
leadership and accountability
Qwest adopts new severance policy during
annual meeting
By Sandy Shore, AP Business Writer Dener Post
Friday, May 23, 2008
DENVER
Qwest Communications shareholders won greater control over
some executive severance agreements Thursday as they peppered the telecom's CEO
with questions about retiree benefit cuts and top management perks
SEC vs. QWEST - Former execs ask court to
dismiss certain claims
By The Associated Press
Denver Post Thursday, May 22, 2008
Former Qwest executives are asking a court to dismiss
certain claims filed by federal regulators, partly because the government is
invoking state-secrets privileges that the former executives say will hurt their
defense
Qwest's corporate legal staff lauded
By Jeff Smith Rocky Mountain News
Monday, May 19, 2008
Corporate Counsel magazine has named Qwest Communications' as the best corporate
legal department
Shareholder advisers slam executive pay
By Jeff Smith Rocky Mountain News Monday, May 19, 2008
Shareholder advisory firms Glass Lewis and RiskMetrics, formerly ISS, both
criticize Qwest Communications for overly generous executive pay and are
supporting two shareholder proposals, including one to split the chairman and
chief executive jobs
Nacchio urges denial of full court review
By Jeff Smith Rocky Mountain News Thursday, May 15, 2008
Joe Nacchio’s attorneys today said the government’s request for a full appellate
court review of the former Qwest CEO’s insider-trading case isn’t warranted and
should be denied
Qwest's exec perks assailed. Union investor
group targets CEO's relocation costs
By Jeff Smith Rocky Mountain News Wednesday, May 14, 2008
A union investor group is protesting Qwest's executive perquisites, especially a
relocation agreement with CEO Ed Mueller that wound up costing the Denver telco $1.8 million
Companies Take Big Hits on Relocation As
Executives' Homes Languish on Market. Qwest Loses $1.8 Million on CEO's House;
Angry Shareholders Are Seeking Recourse
By Joann S. Lublin Wednesday, May 14, 2008
Disgruntled investors at Qwest Communications International Inc. vow to air a
litany of complaints at the annual meeting next week
Labor coalition circulating ballot petitions
By Joanne Kelley Rocky Mountain News Wednesday, May 14,
2008
A labor-backed coalition called Protect
Colorado's Future will begin collecting signatures
downtown just after noon today in an attempt to get two initiatives on the
ballot this fall
Qwest's earnings tumble by 35%. The telecom
suffers from slowing growth in broadband, losses of land-line customers and
higher tax expenses.
By Kimberly S. Johnson
Denver Post Wednesday, May
7, 2008
Slower broadband growth and increasing land-line losses
combined with higher tax expenses as Qwest reported a 35 percent drop in
first-quarter net income Tuesday
Qwest hiking prices during economic slump
By
Jeff Smith Rocky Mountain News Wednesday, May 7, 2008
Qwest Communications is raising the prices of some of its
Internet services by as much as 11 percent as it struggles amid the current
economic and housing slump
Nacchio gets two weeks to respond
By Jeff
Smith Rocky Mountain News Friday, May 2, 2008 Updated 12:30 p.m., May 1, 2008
An appellate court panel has ordered Joe Nacchio’s defense team to respond in 14
days to a government petition seeking the reinstatement of his 2007 conviction
Tax credits at heart of McCain's health care
proposal
By Scott J. Anderson CNN Wednesday, April 30, 2008
(CNN)
A tax credit to help individuals and families buy health insurance
is at the heart of a health care proposal Sen. John McCain unveiled Tuesday
New Nacchio trial appealed
By Jeff Smith
Rocky Mountain News Thursday, May 1, 2008 Updated 01:14 p.m., April 30, 2008
Federal prosecutors are requesting the full appellate court to review the case
of former Qwest Chief Executive Officer Joe Nacchio
Government files appeal in Nacchio case
By Andy Vuong Denver Post Thursday, May 1, 2008
Article Last Updated: 04/30/2008
05:18:55 PM MDT
The Justice Department today appealed a three-judge appellate panel's decision
to overturn the criminal insider-trading conviction of former Qwest chief
executive Joe Nacchio
330-year payoff in scam. 72-year-old also
told to pay $38 million for fraudulent investment deal
By Felisa Cardona
Denver Post
A 72-year-old man convicted in a multimillion-dollar high-yield investment scam
was sentenced Tuesday to 330 years in federal prison
Qwest offers $16M bill reduction to settle
complaint
By Matt Gouras, AP
Montana
Independent Record Helena,
Montana
Wednesday, April 30, 2008
Qwest Communications is offering a $16 million reduction in customers' bills to
settle a complaint that it was overcharging Montana customers
CEO doesn't know Dex
By Al Lewis Denver
Post Tuesday, April 29, 2008
Dex knows, but the phone directory's parent company, R.H. Donnelley, does not
Tellabs shares fall on sales forecast
By
Sandra Guy Chicago
Sun Times Tuesday, April 22, 2008
Tellabs' shares fell the most in nearly two years Tuesday after the
Naperville-based manufacturer of wireless phone equipment forecast
second-quarter sales that may fall below analysts' expectations
AT&T to cut about 4,600 jobs, sees $374
million 1Q charge
The Associated Press Denver Post
Friday, April 18, 2008
NEW YORK AT&T Inc. on Friday said it plans to cut about 4,600 jobs, or 1.5
percent of its work force, to shift resources to growing parts of its business
Qwest declares dividend
Denver Post
Friday, April 18, 2008
Qwest said Thursday its board of directors declared a quarterly dividend of 8
cents a share
B2B firms fight Qwest relief. Telecoms meet
with PUC commissioners in an effort to keep Qwest from raising rates for
"last-mile" connections.
By Kimberly S. Johnson
Denver Post
Wednesday, April 16, 2008 Qwest's request for a reprieve from federal regulation guiding the amount it can
charge competitors for access to its lines was fought at the local level Tuesday
at the Colorado Public Utilities Commission
Bill aimed at phone deregulation passes state
Senate panel. Proponents say the measure would lead to lower monthly bills.
Critics say it would impede the Public Utilities Commission in protecting the
public interest.
By Marc Lifsher, Staff Writer
Los Angeles
Times
Wednesday, April 16, 2008
SACRAMENTO A
drive to eliminate much of the last vestiges of conventional home telephone
regulation by the state won a key endorsement Tuesday from a Senate committee
SURVEY OF CEO COMPENSATION. Terminated?
Who Cares? Severance-pay packages for CEOs appear to be coming down. But
slowly
By Perri Capell
The Wall Street Journal
Monday, April 14, 2008 Shareholder fury over oversized severance-pay packages awarded to chief
executive officers is causing boards to begin to whittle them down
Candidates Target Executive Pay. McCain
Comments Echo Some Themes Of Obama, Clinton
By Joann S. Lublin
The Wall Street Journal
Saturday, April 12, 2008 Sens. John McCain and Barack Obama both attacked executive compensation this
past week
Qwest CEO expected to lead national panel
Denver
Post
Wednesday, April 9, 2008 President Bush is expected to appoint Qwest chairman and chief executive Ed
Mueller chairman of the National Security Telecommunications Advisory Committee,
the company said Tuesday
Another prosecutor from Nacchio trial going
private
By Andy Vuong
Denver Post Tuesday, April 8, 2008 Another member of the team that secured last year's insider-trading conviction —
since overturned — against former Qwest chief executive Joe Nacchio is going
private
DSL, wireless outage hangs up metro area
By Kimberly S. Johnson and David Migoya Denver Post
Friday, April 11, 2008
A hardware failure resulted in the loss of broadband service for Qwest business
and residential customers in the Denver
area Thursday afternoon
Qwest opposes state's control. Phone company
wants law loosened to allow it to raise basic rate
By Kimberly S. Johnson
Denver Post
Tuesday, April 8, 2008
In the face of increasing competition, Qwest is looking to loosen the control
the state has over basic residential phone rates
Qwest CEO gets compensation valued at $17.4
million
By George Merritt, AP Denver Post
Friday, April 4, 2008
Qwest Communications chief executive Edward Mueller, leading the company as it
recovers from a 2002 accounting scandal, received compensation in 2007 valued at
$17.4 million, according to a regulatory filing Friday
Qwest CFO joins the exec exodus
By Kimberly S. Johnson Denver Post
Sunday, April 6, 2008
The resignation of Qwest chief financial officer John Richardson adds to a
growing list of executives who have left the company since chief executive Ed
Mueller took over last August
Aiming to shape the "connected home." Linking
consumers' phones, TVs and the Internet with faster broadband is telecoms' goal
for homes of the future
By Kimberly S. Johnson
Denver Post
Sunday, April 6, 2008
Qwest chief executive Ed Mueller talks enthusiastically about the day when a
consumer's phone, television, e-mail and security services are all
interconnected
Qwest takes hit on home sale. CEO's
California
house cost telco $1.8 million
By David Milstead
Rocky Mountain News
Saturday, April 5, 2008
Qwest lost $1.8 million in three months because of a deal it reached to buy the
California
home of CEO Ed Mueller
Australia
Cancels Broadband Deal. SingTel-Led Network Is Said Not to Reach Enough Remote
Areas
By Lyndal
McFarland The Wall Street Journal Friday, April 4, 2008
SYDNEY, Australia
The Australian government canceled a 958 million Australian
dollar (US $869 million) funding agreement with a venture led by Singapore
Telecommunications Ltd. to build a broadband network in Australia's more remote
areas, saying the proposed network didn't meet coverage requirements
Firms picking up CEOs' taxes. One common perk covers exec's
personal time on corporate jets
By Greg Farrell
USA
Today Wednesday, April 2, 2008 CEOs are just like the rest of us: They hate paying for things out of pocket if
they can find someone else to foot the bill
Appeals panel rejects Qwest request for
rehearing over settlement
The Associated Press
Denver Post Thursday, April 3, 2008
DENVER
A three-judge panel of the 10th U.S. Circuit
Court of Appeals has denied Qwest's request for the full court to hear an appeal
regarding its settlement with a pension fund. Qwest Communications
International Inc. and the New England Health Care Employees Pension Fund
reached a $400 million settlement related to a collapse in company stock
Colorado
Proposes Tough Law on Executive Accountability By Dan Frosch New York
Times Tuesday, April 1, 2008
DENVER For 30 years, Lew Ellingson
loved being a telephone man
3M to limit its pension benefits for new
hires
By Dee DePass
Minneapolis
Star Tribune Tuesday, April 1, 2008
3M Co. said Monday that it is altering retiree medical plans and eliminating a
defined-benefit pension plan for new hires, a benefit once regarded as one of
the most generous in the nation
Nottingham
is being viewed from both sides
By Felisa Cardona
Denver Post Tuesday, April 1, 2008
Since Chief U.S. District Judge Edward W. Nottingham Jr. slammed his gavel down
at former Qwest chief executive Joe Nacchio in July and lectured him on
morality, the focus has turned to the judge's own behavior on and off the bench
Inquiry Assails Accounting Firm in Lender’s
Fall By Vikas Bajaj The New York Times Thursday, March 27, 2008
A sweeping five-month investigation into the collapse of one of the nation’s
largest subprime lenders points a finger at a possible new culprit in the
mortgage mess: the accountants
Reach out and tax someone
By Peter
Blake, Special to the Rocky Rocky Mountain News Thursday, March 27, 2008
Alcohol, tobacco and -- telephone service?
Proposal targets CEOs who knew of crimes
By Ivan Moreno
The Associated Press Denver
Post Friday, March 21, 2008
A labor and activist coalition is pushing a
November ballot proposal that could allow
Colorado
executives to be sued if they knew their company broke a law and did nothing to
stop it
Retrial: No sure way to tell who has edge
By Jeff Smith and Sara Burnett
Rocky Mountain News
Wednesday, March 19, 2008
Who has the upper hand if the government retries former Qwest CEO Joe Nacchio?
It depends on whom you ask
Meter running on Nacchio trial costs
By Sara Burnett and Jeff
Smith
Rocky Mountain
News
Wednesday, March 19, 2008
As the case of U.S.
v. Joe Nacchio goes on and on, each side's legal bills just keep going up and up
Nacchio prosecutors ask for appeal extension
By Andy Vuong
Denver Post Wednesday, March 19, 2008
Article Last Updated: 03/19/2008 01:12:21 PM MDT
The government has asked for a 30-day extension to file its appeal of the
reversal of former Qwest chief executive Joe Nacchio insider trading conviction
His team rejoices, but he
should consider a plea deal
By David Milstead
Rocky Mountain News
Tuesday, March 18, 2008
Those who wish to see Joe Nacchio whisked off to prison ASAP
must be maddened, infuriated, perhaps shocked and surprised that
his conviction got tossed
Critics greet appellate court's decision
with dismay and resignation
By James Paton
Rocky Mountain News Tuesday, March 18, 2008
Mimi Hull wasn't surprised but was "extremely disappointed."
Don't expect plea deal
By Al Lewis Denver Post
Tuesday, March 18, 2008
Joe Nacchio is not going to plead guilty.
Mark these words. After his conviction was overturned Monday, prosecutors
will drag him to the negotiating table before initiating a new trial
Long wait for Nacchio verdict? U.S.
attorney calls ruling a 'setback, not a defeat,' ponders next move
By Sara Burnett
Rocky Mountain News
Tuesday, March 18, 2008
A federal appeals court decision to grant Joe Nacchio a new trial means it could
be years before the former Qwest CEO either goes to prison for insider trading
or walks away a free -- and vindicated -- man
Qwest, union agree to buyouts for some
workers
By Crayton Harrison
Bloomberg News Service
Tuesday, March 18, 2008
Denver-based Qwest Communications International Inc. reached an agreement with
union officials on voluntary buyouts for about 700 workers to cut costs as
customers shut off phone lines
Nacchio conviction reversed
By Andy Vuong
Denver Post Monday, March 17, 2008 Article Last Updated: 03/17/2008 11:53:08 AM MDT
The 10th Circuit Court of Appeals has reversed the guilty verdict in the insider
trading case of former Qwest CEO Joe Nacchio and ordered a new trial before a
different judge
Conduct complaint vs. judge proceeds.
Whether Nottingham tarred office is taken under
advisement By Sara Burnett
Rocky Mountain News
Friday, March 14, 2008
U.S. District Judge Edward Nottingham, recently linked to a high-priced escort
service in Denver,
is the focus of a broadening investigation into allegations he "has brought
disrepute to the judiciary," the Rocky Mountain News has learned
Allegations against Spitzer don't affect
Nacchio case, experts say
By Jeff Smith
Rocky Mountain News Wednesday, March 12, 2008
It's been a wild week in the continuing saga of former Qwest CEO Joe Nacchio.
And that's without any new development in his criminal or civil cases
Spitzer spurs lots of crowing
By Al
Lewis Denver Post Tuesday, March 11, 2008
Anyone who ever sat in Eliot Spitzer's cross hairs can feel better now, laughing
about his dark side
Pampered CEOs ruin others
By Al
Lewis Denver Post Sunday, March 9, 2008
One lawmaker called it "a sanctimonious search for scapegoats."
Sol Trujillo, CEO, Telstra.
Trujillo became CEO in 2005 when company was
losing its dominance in
Australia. Has run three communication company
in three continents: U.S. West,
Orange, Telstra
By Andrew Stevens The Boardroom,
CNN.com Friday, March 7, 2008
Now, privatized and owned by millions of shareholders, Telstra has struggled to
remain a dominant force in telecommunications down under as competition heats up
CEOs defend their high pay on Hill
By
Jim Abrams, Associated Press Writer
Denver Post Saturday, March 8, 2008
WASHINGTON Three corporate executives called in for a shaming by Democratic
lawmakers Friday defended raking in hundreds of millions of dollars despite
contributing to the subprime mortgage crisis that has their companies reeling
from losses and the nation on the edge of recession
Judge under scrutiny. Allegations raised
involving escort service
Rocky Mountain News Saturday, March 8, 2008
Chief federal Judge Edward W. Nottingham, who admitted to indiscretions at a
downtown topless club, also may have been a client of a high-priced escort
service, according to a television news report.
Observers await result of Nacchio appeal.
The decision of a three-judge panel could come any day. The ex-Qwest CEO was
found guilty last April.
By Andy Vuong
Denver Post
Friday, March 7, 2008
Nearly a year after the criminal insider-trading trial of former Qwest chief
executive Joe Nacchio, jurors, shareholders and retirees are anxiously awaiting
the outcome of the appeal on his conviction
Health insurers get poor marks from hospitals.
UnitedHealth is rated worst of the bunch in a a survey of executives.
By Lisa Girion, Staff Writer
Los Angeles
Times
Thursday, March 6, 2008
The nation's biggest health insurers lately have
taken to rating hospitals on quality and cost, saying the information can help
patients make better choices
SEC targets 5 former Qwest execs
Denver
Post
Thursday, March 6, 2008
The Securities and Exchange Commission will file an amended
fraud case against five former Qwest officials, including former Qwest chief
executive Joe Nacchio, on March 14, according to a new court filing
Labor issues may find ballot.
'Right-to-work' measure, reins on firing workers and allowing corporate fraud
suits in mix By Joanne Kelley and
David
Milstead
Rocky Mountain
News
Wednesday, March 5, 2008
The next showdown between
Colorado's labor movement and various business interests
may be decided by voters in November
Former Milberg Witness To Plead Guilty to
Perjury
By Nathan Koppel
The Wall Street Journal
Friday, February 29, 2008
John Torkelsen, a former expert witness used by Milberg Weiss LLP and other
plaintiffs class-actions firms, has agreed to plead guilty to a perjury charge
for making false statements in federal court
Qwest CEO takes comfort in his VP
By Jane Hoback and Gil Rudawsky
Rocky Mountain News
Saturday, March 1, 2008
Qwest CEO Ed Mueller's coming-out party this week at the ritzy St. Regis Hotel
on Fifth Avenue in Manhattan featured gourmet sandwiches, pasta salad and a
couple of pieces of sushi served in an attractive Bento box
Six questions for Ed Mueller. Qwest CEO looks to the future
By Jeff Smith Rocky Mountain News Wednesday, February 27, 2008
Qwest CEO Ed Mueller took a few minutes with Rocky Mountain News reporter Jeff
Smith after hosting an analyst meeting Monday in New York
Qwest gives execs stock awards. CEO gets
$8.4 million out of total $17 million
By David Milstead
Rocky Mountain News Wednesday, February
27, 2008
Qwest has given five of its top executives stock awards valued at nearly $17
million
Qwest OKs targets for exec bonuses
Denver Post Wednesday, February 27, 2008
The compensation and human-resources committee of Qwest's board of directors
approved specific performance targets used to calculate the 2008 Qwest
Management Bonus Plan, according to a Tuesday filing
Sprint's signal may be fading with Qwest as
Verizon enters partner talks
By Crayton Harrison, Bloomberg News
Denver Post Wednesday, February 26, 2008
Verizon Communications is in talks to replace Sprint Nextel as the wireless
partner of Qwest, according to Verizon executives
Qwest promotes strategy chief
Rocky Mountain
News Saturday, February 23, 2008
Qwest
Communications has named Stephanie Comfort executive vice president of
corporate strategy. The move is a promotion for Comfort, who was tapped by
Qwest Chairman and CEO Edward Mueller to lead the firm's strategic planning last
September
CU prof Caruther second on charitable giving
list
By Joanne Kelley Rocky Mountain News Saturday, February 23, 2008
It takes giving more than $1 billion to charity to be named among the most
generous philanthropists in the country these days
Qwest courts analysts in N.Y. amid
skepticism
By Kimberly S. Johnson
Denver Post Sunday, February 24, 2008
Qwest chief executive Ed Mueller's trip to New York to meet with analysts Monday is an
important step in convincing analysts that he has a solid, long-term plan for
the company
Qwest's "Billion-dollar opportunity". CEO Ed
Mueller says only 32 percent of broadband customers in the 23 markets Qwest
serves get it from the Denver-based provider, which also seeks partnerships to
improve wireless business.
By Kimberly S. Johnson
Denver Post Tuesday,
February 26, 2008
Qwest chief executive Ed Mueller said Monday that the company intends to
leverage new and existing partnerships to boost its revenues
Closing Argument: Mr. Lerach Mulls
Life Behind Bars.
Guilty but Defiant, The Plaintiffs' Lawyer Kicks Back in La
Jolla
By Peter Lattman
The Wall Street Journal
Tuesday, February 12, 2008
Staring at a pile of newspapers stacked before him over breakfast recently at
the La Jolla Beach & Tennis Club, fallen class-action lawyer William Lerach
recalled how for years he read as many as six papers a day
"Vulture" heads to hoosegow"
By Al Lewis Denver Post
Wednesday, February 13, 2008
Here's something you never, ever see: renowned consumer advocate Ralph
Nader writing a letter to a federal judge asking him to go easy on a confessed
white-collar crook
Lerach Gets Two
The Wall Street Journal
Tuesday, February 12, 2008
Tort baron Bill Lerach was sentenced to two years in prison yesterday, and he
can consider himself a lucky man
U.S.
pension guarantor alters investment strategy
From Reuters Los Angeles
Times
Tuesday, February 19, 2008 WASHINGTON
The Pension Benefit Guaranty Corp. said Monday that it had adopted an investment
policy designed to increase chances that the government pension guarantor would
be fully funded within 10 years
When dividends are . . . or are not
By David Milstead
Rocky Mountain News
Wednesday, February 20, 2008
Qwest shareholders are getting something tomorrow that they haven't seen in a
long, long time: a dividend
Qwest exposed in claims.
Telco may have to pay more in class-action suits
By Jeff Smith
Rocky Mountain News
Saturday, February 16, 2008
Qwest Communications warned this week that it might have to pay more money to
settle shareholder class-action claims against former CEO Joe Nacchio and former
CFO Robert Woodruff
Nacchio prosecutor leaving federal post
By Sara Burnett
Rocky Mountain News
Wednesday, February 6, 2008
Cliff Stricklin, lead prosecutor on the team that secured a conviction of former
Qwest CEO Joe Nacchio, said Tuesday he will leave his job as first assistant
U.S. attorney for Colorado this spring to
enter private practice
SEC to review, perhaps trim, Qwest fraud suit By Sandy Shore, Associated Press Denver Post
Wednesday, February 5, 2008
Federal regulators agreed Monday to review and perhaps streamline their civil
fraud lawsuit against former Qwest executives so the allegations would not
involve the telecom's secret business dealings with clandestine government
agencies
Qwest civil trial's focus whittled down.
Judge urges SEC to shelve charges to keep U.S. secrets
By Jeff Smith
Rocky Mountain News
Tuesday, February 5, 2008
A federal magistrate Monday encouraged the Securities and Exchange Commission to
consider eliminating civil-fraud allegations against five former Qwest
executives that could implicate national secrets
Treasury Allows Some Pension Freeze By Ellen E. Schultz and Theo Francis
The Wall Street Journal
Saturday, February 2, 2008 Under intense pressure from employers, the Treasury issued a ruling that allows
companies to freeze the pensions of older workers in certain cases without
running afoul of laws meant to protect employees' nest eggs.
Tellabs must face securities fraud suit
Chicago
Sun Times
Friday, January 18, 2008
Tellabs Inc., the
Naperville
telecommunications equipment maker, must face a securities fraud suit claiming
the company and a former chief executive made misleading statements about its
financial prospects
Qwest sends man $4,600
By Andy Vuong
Denver Post
Tuesday, January 15, 2008
Former Qwest cable splicer Don Keller estimates he lost more than $300,000 in
his retirement account because of the Denver company's dramatic
stock-price collapse amid an accounting scandal and the tech downturn
Qwest goes all out for its first full-blown
analyst meeting since Nacchio
Denver Post
Sunday, January 27, 2008
Qwest will host its first full-blown analyst meeting since the days of Joe
Nacchio on Feb. 25. And the Denver-based company is going all out
Qwest to move 200 jobs as part of
consolidation
By Andy Vuong
Denver Post
Thursday, January 24, 2008
Qwest on Wednesday notified about 200 directory-assistance and operator workers,
including 36 in Colorado Springs,
that their jobs will be moved to other locations as part of a consolidation
Qwest to move 200 jobs as part of
consolidation
By Andy Vuong Denver Post Thursday, January 24, 2008
Qwest on Wednesday notified about 200 directory-assistance
and operator workers, including 36 in
Colorado Springs, that their jobs will be moved to other
locations as part of a consolidation.
Shares of the Denver-based
telecom are down 20 percent since the beginning of the year. Are they
undervalued?
By Andy Vuong
The Denver
Post
The telecommunications sector has taken a beating from the
markets so far this year, and Qwest has been among the hardest hit.
SEC asks judge to cut defense's questions
By Jeff Smith Rocky Mountain News
Friday, December 21, 2007
Federal regulators on Thursday asked a judge to limit the questions that can be
posed by five former Qwest executives in a civil fraud lawsuit
Qwest wins DOE contract Denver Business
Journal
Thursday, December 20, 2007
Qwest Communications International Inc. won an $8.3 million contract to
upgrade the
U.S. Department of Energy telephone network at its Washington D.C.-area
offices, the company announced Wednesday
New precedent is only certainty
By Scott Robinson
Rocky Mountain News
Wednesday, December 19, 2007
Will the Nacchio conviction survive appeal?
Nacchio's got me, babe
By Al Lewis Denver Post
Wednesday, December 19, 2007
The clock radio blares at 6 a.m. Sonny and Cher are singing "I've Got You Babe." I wake up,
horrified, and realize it's time to cover the insider-trading trial of Joe
Nacchio again
What world are the judges and Nacchio's
defense living in
By David Milstead
Rocky Mountain News
Wednesday, December 19, 2007
If the judges on the 10th Circuit Court of Appeals aren't living in the same
alternate reality as his defense attorneys, they seem to be neighbors
Case may hinge on witness. Appellate judges
show concern that law professor couldn't testify
By Sara Burnett and Jeff Smith
Wednesday, December 19, 2007
Three judges hearing Joe Nacchio's appeal Tuesday seemed troubled that a defense
witness was not allowed to give key testimony at his insider-trading trial
Judges narrow case to two points. The
appeal's outcome could boil down to the significance of Nacchio's inside
information and a witness' exclusion
By Andy Vuong
Denver Post
Wednesday, December 19, 2007
A three-judge panel Tuesday focused on two points during the oral arguments of
former Qwest chief executive Joe Nacchio's criminal-insider-trading appeal:
It's second round for Nacchio. The defense
team for the former Qwest chief executive is expected to zero in on jury
instructions
By Andy Vuong
Denver Post
Tuesday, December 18, 2007
Article Last Updated: 12/18/2007 12:24:23 AM MST
On many fronts, Joe Nacchio's appeal of his criminal-insider-trading conviction
is unusual
Former Qwest CEO's attorney has made
winning a habit
By Sara Burnett
Rocky Mountain News
Tuesday, December 18, 2007 It was about seven minutes into Maureen Mahoney's 2003 argument before the U.S.
Supreme Court on behalf of the
University
of Michigan that Justice
John Paul Stevens slipped, just for a moment
The new CEO says the telecom will spend
$300 million to boost broadband speed rather than roll out a costly television
service
By Andy Vuong
Denver Post
Tuesday, December 18, 2007
New Qwest chief executive Ed Mueller on Monday unveiled his strategic plan for
the company, which doesn't stray far from the path laid by his predecessor
Qwest to reinstate dividend, ending a
six-year absence
By Jeff Smith Rocky Mountain News
Friday, December 14, 2007
Qwest Communications is resuming a shareholder dividend after a six-year
absence, a move welcomed by retirees and analysts
McGuire can't use the UnitedHealth
airplanes anymore by Chris Snowbeck
St Paul Pioneer Press
Friday, December 7, 2007
Ah, the fine print. On page 61 of the court document filed Thursday governing
the settlement agreement between former chief executive officer William McGuire
and Minnetonka-based UnitedHealth Group, are some choice details
Court will decide fate of Nacchio next
week. If the appeals panel upholds his insider-trading conviction, few options
will remain
By Andy Vuong The Denver
Post Sunday, Devember 9, 2007
The game will be on the line for former Qwest chief executive Joe Nacchio next
week when a three-judge panel hears the appeal on his insider-trading conviction
Qwest dividend may be on way. It would be
the first for the firm since 2002. CEO Mueller is set to disclose his
strategic plan soon
By Andy Vuong Denver
Post Wednesday, December 12, 2007
Qwest chief executive Ed Mueller is expected to disclose by Monday his
much-anticipated strategic plan, which should include the announcement of a
dividend, according to a Wall Street analyst
Nacchio team makes case to toss suit
By Andy Vuong Denver
Post Tuesday, December 11, 2007
A civil fraud lawsuit pending against former Qwest Chief Joe Nacchio should be
tossed if a federal judge allows the government to invoke its state-secrets
privilege, his attorneys wrote in a filing Monday
Nacchio's appellant hearing next week:
Will he attend?
By Jeff Smith Rocky Mountain News Tuesday, December 11, 2007
Will Joe Nacchio attend his appellate hearing next week?
Appeals court names panel in Nacchio case.
Same 3 judges who OK'd bail to review conviction
By Sara Burnett Rocky Mountain News Tuesday, December 11, 2007
The same three appellate judges who ruled that Joe Nacchio could remain free
pending an appeal of his conviction of insider trading will hear his case next
week, the 10th Circuit Court of Appeals announced Monday
Appeals Court Lets Stand FCC Relief for
Verizon By Corey Boles The Wall Street Journal Saturday, December 7, 2007
WASHINGTON --
An federal appeals court rebuffed an attempt by Sprint Nextel Corp. and Qwest
Communications International Inc. to overturn relief Verizon Communications Inc.
won last year from rules governing aspects of its commercial broadband service
Ex-Qwest accountant seeks right to fully
question regulators By Sandy Shore, AP Business Writer Denver Post Saturday,
December 8, 2007
DENVER—A former Qwest Communications
accountant accused in a civil fraud case should be granted full access to
question federal regulators about evidence against him, his attorney argued
Friday
Texas
teachers settle case for $61.6 million
By Jeff Smith Rocky Mountain News Saturday, December 8, 2007
The Teacher Retirement System of Texas announced it has reached a $61.6 million
settlement with Qwest Communications on allegations of securities fraud during
former CEO Joe Nacchio's tenure
Review and Outlook: Union Proxies
The Wall Street Journal Friday, December 7, 2007
To hear his critics tell it, SEC Chairman Chris Cox threw American investors to
the wolves last week. His crime? He voted to maintain a status quo
that had gone unchallenged for 30 years until last year
Former UnitedHealth CEO McGuire To
Give Back More Than $600 Million By Vanessa Fuhrmans and James Bandler The
Wall Street Journal Thursday, December 6, 2007
In one of the largest executive pay givebacks ever, former UnitedHealth Group
Inc. chief executive William McGuire has agreed to repay more than $400 million
to settle civil and federal government claims
Telstra, Australia
Discuss Plan to Build Web Network
By Rachel Pannett
The Wall Street Journal Wednesday, December 5, 2007
CANBERRA, Australia
-- Telstra Corp. will work with
Australia's newly elected Labor
government on its election promise to build an A$4.7 billion
($4.14 billion) high-speed Internet network
AT&T to hang up on
pay-phone business
By The
Denver
Post 12/03/2007 11:33:24 PM MST
SAN ANTONIO — AT&T Inc., the biggest U.S.
phone company, plans to leave the pay-phone business after 129
years as more people use wireless handsets to make calls on the
go.
Pay phones fade away at
AT&T. Relic loses place to cell phones; only a million left
By Jeff
Smith
Rocky Mountain
News Tuesday, December 4, 2007
U S West retiree Jim Killorin bought a
beat-up phone booth at a Bell secondhand shop in
the mid-1980s
Ex-Qwest accountant seeks
dismissal of SEC case
The Associated Press
Denver Post Saturday, December 1, 2007
DENVER—Attorneys
for a former Qwest Communications accountant said Friday that it
is unfair for federal regulators to accuse him of fraud, and
then have federal prosecutors try to prevent him from collecting
evidence for his defense
Convention dials Qwest
cliffhanger. The telecom giant has given Democrats the biggest
cash pledge. But what it wants in return could prove dicey
By Chuck Plunkett and Andy Vuong Denver Post Saturday,
December 2, 2007
The biggest pledged donation for the 2008
Democratic National Convention is the subject of continuing
rocky negotiations as the result of a crosstown rivalry between
two telecommunications companies
Zander out as CEO; Brown to
assume post
Rocky Staff And Wire Saturday, December 1,
2007
Ed Zander is out as Motorola Inc.'s chief executive after a
roller coaster four years that saw him oversee the cell-phone
maker's Razr-led resurgence but ultimately bear blame for
strategic gaffes that led to its steep decline
Cox, in Denying Proxy
Access, Puts His SEC Legacy on Line
By Kara Scannell The
Wall Street Journal Thursday, November 29, 2007
A high-stakes battle over shareholder
rights, dubbed "proxy access," has become a proxy for something
else: the performance of Christopher Cox, chairman of the
Securities and Exchange Commission
Seating will be tight at
Nacchio's appeal
By Jeff Smith Rocky Mountain News Wednesday, November 28, 2007
Limited public seating will be available on a first-come basis
for former Qwest CEO Joe Nacchio's appellate hearing Dec. 18
NBA player to be Qwest
spokesman
Denver
Post Wednesday, November 28, 2007
Denver-based Qwest announced Tuesday that
NBA player and 2006-07 "Sixth Man of the Year" award winner
Leandro Barbosa has agreed to serve as a company spokesman
Firms Step In To Help Cover
Relocation Costs. Housing Slump Prods Some To Buy Employees'
Houses And Make Up for Losses
By Alex Frangos The Wall Street Journal Tuesday, November 27,
2007
The fallout from the housing bust is making it more expensive
for workers to relocate for jobs, and that's putting pressure on
employers to offset housing-related losses for transferring
employees
CEOs fake the money and
run. Take this; now go away
By Al Lewis Denver
Post Tuesday, November 27, 2007
Latest market rumor: Citigroup plans to
cut up to 45,000 employees
Qwest-watchers wait for
vision. No details yet, Mueller says, but here are some things
to expect
By Andy Vuong Denver Post Sunday, November 25,
2007
By year's end, Qwest chief executive Ed
Mueller will unveil his grand vision for the Denver-based
telecommunications company he took over in mid-August
Qwest OKs payouts to PERA,
Alaskan AG
Denver
Post Wire Services Wednesday, November 22, 2007
Qwest has agreed to pay $15.5 million to
the Colorado Public Employees' Retirement Association and $19
million to the Alaskan Attorney General's Office
Nacchio's defense calls case against him flawed
By Sara Burnett
Rocky Mountain News
Wednesday, November 21, 2007
In its final court filing before facing the 10th Circuit Court
of Appeals next month, Joe Nacchio's defense team said Tuesday
that the government's arguments for convicting the former Qwest
CEO of insider trading were flawed and should be scrutinized
"with care."
Law Firm Seeks Hefty Fee Payout For Enron Suit
By Nathan Koppel
The Wall Street Journal
Wednesday, November 21, 2007
A San Diego law firm founded by
trial lawyer William Lerach is seeking nearly $700 million in
legal fees for itself and other plaintiff lawyers for work on
the Enron Corp. securities litigation, according to a filing
yesterday in federal court in Houston
Feds "transform" testimony
By Andy Vuong
Denver Post
Wednesday, November 21, 2007
Federal prosecutors misrepresented testimony from former Qwest
chief executive Joe Nacchio's criminal trial in a filing in
which they argued for his conviction to be upheld, Nacchio's
appellate attorney alleges in a new court filing
Briefs: Qwest's lobbying toll: over $1.8 million
Denver Post
Sunday, November 18, 2007
Denver-based Qwest spent more than $1.8 million to lobby the
federal government in the first half of 2007, according to a disclosure form
Nacchio: Use of state secrets fought.The nation's top intelligence officer files a notice that says
disclosure of government contracts could harm the U.S
By Andy Vuong
Denver Post
Tuesday, November 20, 2007
The country's top intelligence officer has joined the fray in a
civil fraud case against former Qwest chief executive Joe
Nacchio and four other former company officials
SEC seeks limit on ex-Qwest accountant's questions
By Andy Vuong Denver Post
Tuesday, November 20, 2007
The government asked a magistrate judge today to limit the scope
of depositions issued by a former Qwest accountant charged with fraud
Ford Expects to See Health Savings Ahead of Rivals
By Terry Kosdrosky and Jeffrey McCracken
The Wall Street Journal
Friday, 2007, November 16, 2007
Ford Motor Co. said its new labor deal with the United Auto
Workers will let it book savings on retiree health care as early as the third
quarter of 2008, ahead of its Detroit rivals, and will allow it to buy out more
workers
3 unions organize into giant of labor.
Some observers expect the group of public employees to dominate
bargaining efforts
By John Ingold
Denver Post
Friday, November 16, 2007
Three of the largest public employee unions in Colorado are joining forces to woo state
workers, creating a labor behemoth that some observers believe will dominate the
effort to organize state employees
Feds rebut Nacchio defense.
Prosecutors stick with arguments made at trial
By David Milstead
Rocky Mountain News
Saturday, November 10, 2007
Prosecutors said in April that Joe Nacchio told investors Qwest would hit its
financial targets even though he knew the company's revenue was weakening --
then made millions by selling his stock on that inside information
Directors buy into Qwest Denver Post
Tuesday, November 13, 2007
Three members of Qwest's board of directors have bought company shares in the
past week
Prosecutors argue there's evidence to maintain Nacchio conviction
By Sandy Shore, AP Business Writer Denver Post
Saturday, November 10, 2007
Federal prosecutors in papers filed today asked an appellate court to uphold the
$52 million insider-trading conviction of former Qwest chief Joe Nacchio,
disputing his claim that the evidence was insufficient to find him guilty
Health insurers see lucrative market with early retirees.
Roughly 7 million Americans between the ages of 50 and 64 are uninsured. Federal
Medicare kicks in at age 65.
By Tom Murphy, The Associated Press Denver Post
Sunday, November 4, 2007 INDIANAPOLIS —
Health insurers trying to boost individual policy sales are making a new push
into an older market -- the roughly 7 million uninsured Americans between the
ages of 50 and 64
Ford and UAW Reach Tentative Agreement
By Mike Spector and Jeffrey McCracken
The Wall Street Journal
Saturday, November 3, 2007
Ford Motor Co. and the United Auto Workers union reached a tentative agreement
on a new contract after more than 40 hours of marathon negotiations over the
past two days
Papers Contradict
Nacchio's Defense Qwest Was Considered for NSA Contract
By
Carrie Johnson Washington
Post Staff Writer Tuesday, October 23, 2007
Qwest Communications
belonged to a business alliance that won a rich national security contract in
the summer of 2001
Nacchio affects spy probe. His court filings point to government surveillance
months before 9/11
By Andy Vuong Denver Post Sunday, October 21, 2007
Recent revelations about former Qwest chief executive Joe Nacchio's
classified-information defense
Qwest's Mueller in a jam
By Al Lewis
Denver Post Friday, November 2, 2007
When you're new on the job, one of the smartest things you can do is keep your
ears open and your mouth shut
Faced With Stagnant Sales, Qwest Plans Fiber Upgrade By Roger Cheng The Wall
Street Journal Tuesday, October 30, 2007
Qwest Communications International Inc.'s third-quarter
net income rose sharply on a one-time tax gain, but investors were concerned by
a lack of clarity and delays in setting a dividend plan. Shares fell 14%
Feds: No act existed against Qwest. The
U.S.
denies defense claims of retaliation over Qwest's refusal to aid warrantless
spying. By Kelly Yamanouchi
Denver
Post Tuesday, October 23, 2007
Qwest was not retaliated against after former chief
executive Joe Nacchio refused to participate in the government's
warrantless-wiretapping program in 2001
Class-action lawyer pleads guilty. Former Milberg Weiss partner William Lerach
faces up to two years in prison for conspiracy in a scheme to bribe plaintiffs
By Molly Selvin, Staff Writer Los
Angeles
Times Tuesday, October 30, 2007
William S. Lerach, the securities lawyer whose
multibillion-dollar recoveries on behalf of aggrieved shareholders made him a
lightning rod, pleaded guilty Monday to a criminal charge that could send him to
prison for up to two years
Verizon Agrees to Yearly Advisory Vote On Executive Pay Bloomberg News
Washington
Post Friday, November 2, 2007
Verizon Communications will hold a vote each year for investors to weigh in on
executive pay, the second time a U.S. company has
allowed such a measure
Pensions may be outsourced.
Banks look to take the plans and their assets off the hands of employers
By
Jonathan Peterson, Staff Writer Los
Angeles
Times Wednesday, October 31, 2007WASHINGTON
— Would you feel comfortable if your company sold off your pension plan to a big
bank?
Qwest investors rattled over Q3
report
By Jeff Smith Rocky Mountain News Tuesday, October 30, 2007
Qwest's third-quarter profits soared on a one-time tax gain today, but revenues
were down 1.5 percent and shares fell by more than 10 percent in early trading
amid investor concerns over the Denver
telco's strategy
Prosecution: No retaliation against Nacchio
By David Milstead Rocky Mountain
News Tuesday, October 23, 2007
Prosecutors fought ex-Qwest CEO Joe Nacchio's charge of government retaliation
by pointing out that Qwest actually got a piece of the business Nacchio's
attorneys say was lost
FCC Ready to Ban Exclusive Cable Contracts.
Deals With Developments, Apartment Complexes in Jeopardy
By Kim Hart, Staff
Writer Washington
Post Wednesday, October 31, 2007
When several
Loudoun County neighborhoods were built five years ago, a
Dulles company won long-term exclusive contracts to provide cable service to
hundreds of residents
Qwest Is Quiet on Plans, Despite Profit By Roger Cheng The Wall Street Journal
Wednesday, October 31, 2007
While Qwest Communications International Inc.'s
third-quarter profit rose sharply on a $2.1 billion tax gain, lack of clarity on
its strategy and silence on possible dividend plans weighed on its shares
Qwest settles remaining suits claiming stock-price inflation By Tom McGhee
Denver Post Wednesday, October 31, 2007
Qwest has settled all the remaining shareholder lawsuits
that accused the company of inflating its stock price in 2001
KPMG Case Delayed As
Defense Lawyer Is Disqualified By Chad Bray and Amir Efrati The Wall
Street Journal Friday, October 19, 2007 NEW YORK -- A
federal judge in Manhattan delayed the trial of three former KPMG LLP executives
and a onetime Sidley Austin LLP lawyer yesterday after disqualifying a lead
defense attorney in the tax-shelter case
Pair seek separate
Qwest fraud trial
By Sandy Shore,
Associated Press Rocky Mountain News Thursday, October 18, 2007
Two former Qwest Communications accountants claim their rights will be violated
if they are tried on civil fraud charges at the same time as three high-ranking
one-time executives, including former CEO Joe Nacchio
Surveillance Law
Could Hold New Risks for Telecom Firms By Evan Perez The Wall Street
Journal Saturday, October 20, 2007 WASHINGTON --
Legislation aimed at updating a law on government-surveillance activities would
give telecommunications companies legal immunity for aiding a warrantless
wiretapping program after the Sept. 11 terrorist attacks
AT&T, Verizon may
shift to union-run health funds. GM, UAW made similar deal last month
By Jeff
Gree and John Uppert, Bloomberg News The Tennessean Wednesday, October 17, 2007
SOUTHFIELD, Mich. —
AT&T Inc., the biggest U.S. phone company, and No. 2 Verizon Communications Inc.
may follow General Motors in trying to shift retiree health-care liabilities to
a union-run fund, a trend that has broad implications for American workers
Nacchio appeal
ripped from pages of Ripley's
By Al Lewis
Denver Post Sunday, October 14, 2007
Joe Nacchio met with top officials of the National Security Agency in Fort
Meade, Md., on Feb. 27, 2001
Former CEO
Says U.S. Punished Phone Firm.
Qwest Feared NSA Plan Was Illegal, Filing Says
By Ellen Nakashima and Dan Eggen, Staff Writers Washington Post Saturday,
October 13, 2007
A former Qwest Communications International executive, appealing a conviction
for insider trading, has alleged that the government withdrew opportunities for
contracts worth hundreds of millions of dollars
Bail Is Set for
Lawyer Who Sued for Investors By Michael Parrish New York Times
Saturday, October 13, 2007 LOS ANGELES — Melvyn I. Weiss,
known for filing class-action investor lawsuits and representing Holocaust
victims, made his first appearance as a defendant Friday in a Los Angeles
courtroom
Court unlikely to
toss conviction, experts say
By Sara Burnett
and Jeff Smith Rocky Mountain News Thursday, October 11, 2007
Former Qwest CEO Joe Nacchio could get a new trial based on his appeal, but it's
unlikely the appellate court will throw out his insider-trading conviction
completely, legal observers said Wednesday
Documents: Qwest was
targeted. 'Classified info' was not allowed at ex-CEO's trial
By Sara Burnett
and Jeff Smith Rocky Mountain News Thursday, October 11, 2007
The National Security Agency and other government agencies retaliated against
Qwest because the Denver telco refused to go along with a phone spying program,
documents released Wednesday suggest
Qwest shares drop
amid broadband concerns By Andy Vuong The Denver Post Friday, October
11, 2007 Qwest shares dropped 5 percent Wednesday after a
Wall Street analyst downgraded the company, citing a slowdown in
broadband-subscriber growth.
Deal Ends 6-Hour
Strike at Chrysler. Automaker Says Union Trust to Run Retiree Health Care
By Sholnn Freeman, Staff Writer Washington Post Thursday, October 11, 2007
The
United Auto Workers
announced yesterday that it reached a tentative contract agreement with
Chrysler after a six-hour
strike against the automaker
Former Milberg Weiss
partner pleads guilty. Steven Schulman faces up to 33 months in prison and will
pay more than $2 million in connection with a kickback scheme that the
class-action law firm is accused of running. From Bloomberg News Los
Angeles Times Wednesday, October 10, 2007 Former Milberg
Weiss partner Steven Schulman pleaded guilty in a Los Angeles federal courtroom
Tuesday to one count of conspiracy in connection with a kickback scheme that
allegedly netted millions of dollars in illicit legal fees
Nacchio appeal
detailed in 58 pages. The brief argues there was insufficient evidence and the
Denver trial took place in an atmosphere of "vitriol."
By Andy Vuong
Denver Post Wednesday, October 10, 2007
The appellate attorney for Joe Nacchio laid out his case Tuesday, detailing in a
58-page opening brief why the former Qwest chief executive should have his
insider-trading conviction overturned or, at the very least, be granted a new
trial
Top U.S. attorney
leaving the case. Cliff Stricklin got high marks as the leading prosecutor in
the insider-trading trial, resulting in a conviction.
By Andy Vuong
Denver Post Tuesday, October 9, 2007
The prosecutor who led the government's criminal-insider-trading case against
former Qwest chief executive Joe Nacchio, which resulted in a conviction, is
stepping down from the case
UAW, Chrysler Begin
Contract Talks By Jeffrey McCracken and John D. Stoll The Wall Street
Journal Sunday, October 7, 2007 DETROIT -- Negotiators
with the United Auto Workers union and Chrysler LLC were at the barga
|