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T-Mobile"s deal for Sprint gets big boost from FCC commission

T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal's approval......»»

Category: topSource: REUTERS59 min. ago Related News

U.S. eases some restrictions on China"s Huawei to keep mobile networks operating

The U.S. government on Monday eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequences......»»

Category: topSource: REUTERS59 min. ago Related News

Walmart, Target, Bed Bath must face lawsuit over fake "Egyptian" cotton: NY judge

A federal judge said Walmart Inc, Target Corp and Bed Bath & Beyond Inc must face a lawsuit claiming they sold linens that were falsely labeled "100% Egyptian Cotton" or "100% Long-Staple Egyptian cotton" despite being suspicious of their origin......»»

Category: topSource: REUTERS59 min. ago Related News

Legg Mason names Trian"s Peltz, Garden to board

Legg Mason Inc said on Monday it had appointed Trian Fund Management LP's Nelson Peltz and Ed Garden as directors, raising the size of its board to 12 members......»»

Category: topSource: REUTERS59 min. ago Related News

American Airlines asks court to block disruptive "slowdown" by mechanics unions

American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt U.S. summer travel......»»

Category: topSource: REUTERS59 min. ago Related News

Apple would be targeted if China retaliates, says Jay Jacobs

The U.S. move to blacklist Huawei sent tech stocks tumbling Monday. Global X Funds research head Jay Jacobs tells Reuters' Fred Katayama hardware companies like Apple are vulnerable to the trade wars, but not software firms......»»

Category: videoSource: REUTERS2 hr. 59 min. ago Related News

Huawei fallout worries spark tech sell-off

U.S. stocks slid Monday. As Fred Katayama reports, U.S. restrictions on Huawei Technologies slammed the tech sector......»»

Category: videoSource: REUTERS2 hr. 59 min. ago Related News

UK firms likely to scrap planned investment on a no-deal Brexit: BoE"s Broadbent

British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

Daimler plans to cut administration costs by 20%: Handelsblatt

Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by global trade woes and ramp up issues at factories, Handelsblatt reported, citing company sources......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

Nike, Under Armour, among others, urge Trump to remove footwear from tariff list

U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged U.S. President Donald Trump to remove footwear from the proposed tariffs list on goods imported from China......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

DOJ leans against approving T-Mobile"s takeover of Sprint: Bloomberg

The.....»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

Wall St. slides as Huawei fallout hits tech shares

U.S. sto.....»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

T-Mobile"s deal for Sprint gets big boost from FCC chief

T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission on Monday, in a significant step toward the deal's approval......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

U.S. Commerce Department scales back restrictions on Huawei

The U.S. Commerce Department on Monday created a temporary general license restoring Huawei's ability to maintain existing networks and provide software updates to existing Huawei handsets......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

American Airlines asks court to stop alleged maintenance slowdown

American Airlines Group Inc said on Monday it has filed a lawsuit against two unions representing its mechanics, accusing the workers of an illegal slowdown aimed at disrupting operations to improve their position in prolonged labor talks......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

Worries of longer, costlier U.S.-China trade war hits markets

Worries that the United States and China were digging in for a longer, costlier trade war weighed on financial markets on Monday as Beijing accused Washington of harboring "extravagant expectations" for a deal to end their dispute......»»

Category: topSource: REUTERS3 hr. 14 min. ago Related News

Oil edges higher as OPEC+ says to stay the course

Oil prices edged up to near multi-week highs on Monday as OPEC indicated it was likely to maintain production cuts that have helped boost prices this year, while escalating Middle East tensions provided further support......»»

Category: videoSource: REUTERS4 hr. 44 min. ago Related News

U.S. blacklisting of Huawei slams chip stocks

Shares of U.S. and European chipmakers got hammered Monday amid worries the suppliers of Huawei Technologies may suspend shipments to the Chinese telecom giant. Fred Katayama reports......»»

Category: videoSource: REUTERS4 hr. 44 min. ago Related News

Breakingviews TV: 5G champions

T-Mobile US and Spri.....»»

Category: videoSource: REUTERS4 hr. 44 min. ago Related News

Ford cutting about 10% of global salaried workers

Ford Motor Co said on Monday it will eliminate about 10% percent of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the automaker $600 million annually......»»

Category: videoSource: REUTERS4 hr. 44 min. ago Related News