MCI Reduces Rates: MCI, the nation’s second-largest...

MCI Reduces Rates: MCI, the nation’s second-largest long-distance carrier, is trimming its rates 1.5%, effective immediately. The company said it made the move to maintain a pricing advantage over American Telephone & Telegraph. AT&T; recently lowered some of its rates under a new federal government policy that gives the dominant carrier some flexibility in setting its own rates.