US telecommunications giant AT&T confirmed that it is acquiring some assets of arc rival Verizon Wireless as part of the regulatory approvals granted to the latter for its purchase of Alltel Wireless.

US unemployment climbed to 8.9% in April, its highest level in a quarter of a century, as the economy shed more than half a million jobs, official figures have showed.

Two companies known for wiring devices and connectors are joining together to provide LED lighting modules that can be directly driven from an AC source.

As photovoltaic energy nears grid parity in select regions of the world and the industry's cell manufacturers work to lower costs further, the PV industry is becoming a serious on-grid alternative. This growth is reflected in a materials market for PV module manufacture that is expected to skyrocket in coming years, according to a new report from Linx Consulting.