With WorldCom teetering on the brink of bankruptcy, the company's jittery customers are being advised to hang tight for now--but also have a backup plan ready. Research firms such as Giga Information ...

As WorldCom's financial situation darkens, analysts say bankruptcy could be just around the corner. Even if it isn't, the telecommunications company and its competitors are in for a rough ride for the ...

WorldCom Inc., the long-distance giant already embroiled in scandal, disclosed Tuesday that it substantially inflated profit for more than a year by improperly accounting for more than $3.9 billion in ...

With a WorldCom bankruptcy a possibility, Wall Street analysts began handicapping the future of the company and concluded there may not be much of one. WorldCom disclosed late Tuesday that it had ...

After a significant stock drop, Electronic Data Systems said Monday that WorldCom's accounting scandal and possible bankruptcy will not impact the bottom line of the information technology services ...

WorldCom Inc. reached an initial settlement with the Securities and Exchange Commission yesterday that requires the company to submit to continued federal oversight but leaves open the question of ...

It has now been 20 years since the historic collapse of WorldCom, Inc. (“WorldCom” or the “Company”). A review of the WorldCom collapse yields some continuing lessons for corporate counsel. On July 21 ...

WorldCom, which owns the nation's No. 2 long distance carrier MCI, said Tuesday that more than $3 billion of expenses in 2001 and $797 million in the first quarter of 2002 were wrongly listed on ...

Following WorldCom’s disclosure of what appears to have been the largest financial misstatement in history — nearly US$4 billion — the company on Tuesday fired chief financial officer Scott Sullivan ...

WorldCom Inc. announced yesterday that it hired an outside law firm to investigate allegations that it improperly rerouted millions of long-distance telephone calls in an effort to avoid paying ...

WorldCom Inc.'s legal and financial woes are rippling through the government marketplace, sparking a review of the company's federal contracts and raising concerns about its ability to continue ...

Companies can now upgrade their basic Web-hosting service from WorldCom Inc. with storage, global load-balancing and IP virtual private network (VPN) services at their own pace, the company announced ...