Spring Corp

Sprint Corp., AT&T Corp. and BellSouth Corp. were the top three winners of next-generation cellular licenses in the latest auction of federal airwaves, which closed after reaching $2.517 billion in bids. The sale was the biggest yet in terms of the number of licenses sold. Structured as three simultaneous sales, 1,479 personal communications services, or three PCS licenses per U.S. market, were on the block.

Everything seems to have fallen into place for Matt Barkley since his January arrival at USC. First, quarterback Mark Sanchez left after his junior season for the NFL, creating a chance for the early high school graduate to immediately compete for the starting job. Barkley narrowly lost out to sophomore Aaron Corp in the spring, but the precocious 18-year-old leaped into the front-runner position on Wednesday when the Trojans learned that...

Sprint Corp., which is being acquired by MCI WorldCom Inc., said its fourth-quarter profit rose a better-than-forecast 9.9% as revenue growth from its phone operations more than offset spending to build a high-speed data network. Profit from continuing operations rose to $431 million, or 49 cents a share, from $392 million, or 45 cents, a year ago, on an 8% rise in revenue to $4.41 billion.

Sprint Corp., which is being acquired by MCI WorldCom Inc., said its fourth-quarter profit rose a better-than-forecast 9.9% as revenue growth from its phone operations more than offset spending to build a high-speed data network. Profit from continuing operations rose to $431 million, or 49 cents a share, from $392 million, or 45 cents, a year ago, on an 8% rise in revenue to $4.41 billion.

Everything seems to have fallen into place for Matt Barkley since his January arrival at USC. First, quarterback Mark Sanchez left after his junior season for the NFL, creating a chance for the early high school graduate to immediately compete for the starting job. Barkley narrowly lost out to sophomore Aaron Corp in the spring, but the precocious 18-year-old leaped into the front-runner position on Wednesday when the Trojans learned that...

A hearing in federal court in Las Vegas is set for today on motions filed by Beverly Hills-based Hilton Hotels Corp. in connection with its $10.5-billion hostile takeover bid for ITT Corp. Hilton filed motions for two preliminary injunctions that seek to prevent ITT from amending its corporate bylaws or increasing the size of its board to fend off its offer. . . . West Covina-based SGV Bancorp Inc.

Hondo Oil & Gas Co. of Roswell, N.M., announced Tuesday that John J. Hoey, former president of Atlantic Refining & Marketing Corp. of Philadelphia, will take over as Hondo's new president and chief executive effective Nov. 30. Hoey has served on the Hondo board since June. Hondo--and a predecessor company, Pauley Petroleum Inc.--have been led by petroleum pioneer and philanthropist Robert O. Anderson since shortly after his retirement as chairman of Atlantic Richfield Co. in 1986.

In a remarkably simple 20-page will filed in probate court in Fairfield, Conn., composer-conductor-musician-author Leonard Bernstein directed that his multimillion-dollar estate be held in trust equally for his three children with income from the estate to be distributed quarterly to them or their descendants. Bernstein made an additional $1-million contribution to the Spring Gate Corp.

The No. 1 video game console is taking a page out of the playbooks of the ones in second and third place. Nintendo Co. announced Wednesday that it would add Netflix's movie-streaming service to its Wii console this spring. Microsoft Corp. added the Netflix streaming function to its Xbox 360 console in November 2008. Sony Corp. did the same on its PlayStation 3 in November 2009. As with Xbox 360 and PS3, the Netflix streaming service will be free to the more than 11 million people who already subscribe to Netflix's movie rental service.

Aaron Corp sprinted off USC's practice field, pushed through the gate and hustled toward the locker room en route to an evening class. With each step, the lanky sophomore seemed to grow surer of himself -- and his future. "I'm really excited," the usually laid-back Corp said, grinning widely. "There's a lot of work ahead and I can't wait to get started." Corp had reason to smile.

Sprint Corp., AT&T Corp. and BellSouth Corp. were the top three winners of next-generation cellular licenses in the latest auction of federal airwaves, which closed after reaching $2.517 billion in bids. The sale was the biggest yet in terms of the number of licenses sold. Structured as three simultaneous sales, 1,479 personal communications services, or three PCS licenses per U.S. market, were on the block.

Just days before starting a new job as a receptionist, Kimberly Sudhoff took a telephone call from a hiring manager who asked for her uniform size. Because she was four months pregnant, Sudhoff said, she wasn't sure about her size. A few days later, she said, the manager rescinded the employment offer and questioned Sudhoff's commitment to the job. Sudhoff said she was encouraged to reapply after having the baby.

USC's off-week practices provided the showcase, as planned, for younger players hoping to impress coaches. But junior quarterback Mitch Mustain also took advantage of the opportunity and might have positioned himself to become Matt Barkley's backup for the seventh-ranked Trojans' Oct. 17 game at Notre Dame. On Friday, after Mustain completed 10 of 12 passes and threw for two touchdowns during an early morning workout that was conducted without pads, Coach Pete Carroll declined to say whether the former Arkansas starter had overtaken sophomore Aaron Corp as the Trojans' No. 2 quarterback.