will open the lines of communication -- to its rivals. The
reported Sunday that the company has agreed to let rival Internet service providers use its high-speed cable lines. Sources tell the
that the concession was part of a tentative deal the company has reached with ISP
The U.S. wants airlines to keep tabs on the safety records on their foreign partners, sources tell
. The proposed requirement would apply to U.S. airlines that write tickets for flights on foreign airlines.
Meanwhile, competition in the domestic aviation industry could soon get tighter thanks to an overseas competitor.
in London that he is moving ahead with plans to launch a low-cost airline in the U.S., encouraged by the startup of service in Australia.
, which has lately been fending off would-be acquisitor
, now faces an attack from within. Germany's
Welt am Sonntag
newspaper reports that a group of Mannesmann shareholders filed suit against the telecom giant in Germany Friday. They want the company to stop fighting Vodafone's repeated takeover attempts and let shareholders decide how to proceed.
Having successfully disrupted the
World Trade Organization
meeting in Seattle last week, opponents say they are now setting their sights on the free-trade pact between the U.S. and China. Expect Round 2 of this fight early next year.
Even though sales plunged 50%,
Toy Story 2
topped the box office for a second weekend in a row, with receipts of $28.3 million. Following were James Bond's
The World is Not Enough
, with $10.6 million,
Ah-nuld's End of Days
, with $9.7 million,
, with $9 million, and
The Bone Collector
, with $3.1 million.
In the Papers
Unlikely as it may sound,
could become a takeover target,
reports. Speculation has it that the automaker's highly profitable
unit, which operates
, could attract a group of investors, the magazine reports.
has been facing sluggish growth along with the rest of the digital printing industry, but it also faces the growing threat of cheaper competitors,
reports in its latest issue.
also takes a look at auto-parts maker
, which hopes to see its sales and earnings double during a five-year period ending in 2002.
Life's about to get a little more interesting for sports fans in London.
Video Network Communications
, which provides video-on-demand, will announce a deal with
Universal Sports Marketing
to air live football and boxing there, London's
newspaper reported Sunday.
pay-TV service will take a 24% stake in
, a pay-TV business in Germany, Murdoch tells France's
David Rheingold is a New York-based freelance writer. At the time of publication he was long Disney, although holdings can change at any time.