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Frank A. Bennack, Jr., chairman of The Museum of Television & Radio (MTR), and Pat Mitchell, president and CEO, announced today that the thirty-one-year-old institution will be renamed The Paley Center for Media to better reflect MTR's evolution to a center that convenes media leaders and enthusiasts for programs that explore and illuminate the immense and growing impact of all media on our ...Flextronics International Ltd. , the world's second-biggest maker of electronics for other companies, will buy Solectron Corp. for $3.6 billion to narrow the sales gap with larger rival Hon Hai Precision Industry Co. Semiconductor sales in April climbed slightly over last year but experienced a slight downturn since March, a trade group said Monday, reflecting the impact of intense pricing competition that has dragged down revenues even as unit shipments have soared.

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