Sprint, T-Mobile Merger: Hawaii, Nevada Join Effort To Stop Network Linkup
Even as the process of regulatory approval by FCC and DOJ is advancing in the Sprint and T-Mobile deal, more states have come out in the open to oppose the deal.
Gasoline Prices Jump 3.4% After Refinery Explosion In Philadelphia
A massive fire broke out in the refinery complex of Philadelphia Energy Solutions in South Philadelphia in the wee hours of Friday. The refinery fire also spiked the U.S gasoline prices substantially.
Lower Open Likely For US Markets: Oil, Gold Up
Lower open likely for the U.S markets on Friday after the U.S. stock index futures looked subdued on Friday morning over the rising U.S-Iran tensions in the Middle East.
NASA Paid Boeing Huge Bonus Despite Failed Space Launch System, Report Reveals
The proposed moon mission of NASA, Artemis-1 has landed in a controversy with regard to its delay and its link with American space agency paying a hefty bonus to the contractor Boeing despite lagging production of the rocket that upset the launch.
Sprint, T-Mobile Merger Will Bring 5G ‘Across The Entire Country’ Unlike Verizon, AT&T
While the Sprint, T-Mobile merger is in regulatory crosshairs, T-Mobile’s outspoken CEO John Legere has listed out the impending social boost for America in terms of an "entire country" 5G delivery.
Goldman Sachs Cuts Tesla Stock Price By $42, Expects Shares To Continue Decline
In a jolt to the electric car maker Tesla, investment bank Goldman Sachs cut the price target outlook on Tesla stock.
Higher Open Likely For US Markets: Oil, Gold High
Higher open likely for the U.S markets Thursday after the U.S. stock index futures jumped sharply in the morning spurred by the Federal Reserve’s readiness for a cut in interest rates later this year.
New York Marijuana Legalization Fails Again
The hope of marijuana legalization in New York this year floundered after consensus evaded a bill seeking its legalization.
Slack IPO Priced At $26 Per Share
Enterprise communication company Slack Technologies is making its stock market debut on Thursday with a reference price per share at $26.
Facebook's Libra vs. Bitcoin: What's The Difference?
Facebook’s cryptocurrency Libra has caught popular imagination with its hyped features promising greater potential for mainstream adoption for buying things, sending money and the lower transaction fees.
Las Vegas Odds, Wall Street Believe Trump Will Win Election 2020
Expectations continue to ride high that President Donald Trump will romp home with a second victory in the 2020 polls. The optimism is more pronounced in the market circles.
Sprint, T-Mobile Merger Gets Help From Dish, Nearing Deal To Acquire Boost Mobile
The T-Mobile and Sprint merger approval expected from the Department of Justice will have a helping hand from satellite TV provider Dish Network in meeting the terms of approval.
Trump To Remove Millions Of Illegal Immigrants From US Starting Next Week
President Donald Trump on Monday warned that millions of undocumented immigrants in the U.S will be forcibly removed by official agencies starting next week.
Higher Open Likely For US Markets: Oil Slumps
Higher open expected for the U.S. markets Tuesday after the main stock index futures stood higher on Tuesday morning.
Sprint, T-Mobile Merger To Get DoJ Approval By End Of Week
The $26 billion merger deal between Sprint and T-Mobile is heading to a finale. According to reports, the U.S Department of Justice may approve the deal in a few days.
Boeing Considers Renaming 737 MAX As Zero Sales Continue
Boeing seems to be giving a thought to the suggestion by President Donald Trump to rebrand the grounded 737 Max.
Pfizer Acquires Cancer Treatment Maker Array Biopharma For $11.4 Billion
American pharmaceutical major Pfizer would acquire Array Biopharma to expand its portfolio of cancer drugs.
US Tech Companies Ask Trump To Ease Huawei Ban
American chip makers have urged the Trump administration to relax its curbs on doing business with the Chinese tech giant Huawei.
Boeing CEO Admits Error In 737 MAX 8 Crashes: ‘Should Have Communicated Better’
Boeing admitted that it regrets the lag in transparency that hurt its brand and damaged business in the aftermath of the Boeing 737 Max serial crashes and grounded the Max aircraft fleet.
Tesla Solar Roof Cost Is High: Benefits Justify
Curiosity is high on Tesla’s solar roof as a durable product. But a perspective exists that it is quite costly despite the company trying to project it as moderate in terms of costs.
China-Made Tesla Model 3 Parts To Pay Tariffs, US Won’t Waive Taxes
In a setback to Tesla, the U.S Trade Representative’s office rejected the American electric vehicles maker’s request seeking a waiver of higher tariffs on China-made center screen and car computer for Tesla Model 3.
Sarah Huckabee Sanders Resigns, Could Run As Governor Of Arkansas
White House press secretary Sarah Huckabee Sanders has resigned and will leave the job by the end of June.
China Hacked Telegram To Disrupt Hong Kong Protest, Investigation Reveals
In a bid to break the Hong Kong protests over a new law on extradition, China allegedly hacked Telegram and disrupted the app’s service.
Higher Open Likely For US Markets: Oil Price Zooms After Tanker Attack
Higher open likely for the U.S markets Thursday after main stock index futures looked up on Thursday morning.
Ford Recall 2019: 1.2 Million Explorer SUVs Recalled For Steering, Suspension Defect
American automaker Ford has issued safety recalls for its popular Explorer SUV made between 2011 and 2017 for fixing the suspected fractured rear-toe link problem at the suspension front.
Presidential Election 2020: Trump Wants ‘Dirt’ On Rivals From Foreign Governments
Unfazed by the allegations of Russian meddling in the 2016 elections, President Donald Trump has said he would not mind taking incriminating information from foreign governments pertaining to political rivals for the 2020 presidential election.
US CFOs Predict Recession In 2020, New Survey Reveals
Fear of a recession in the American economy by 2020 is stark in the minds of many U.S financial officers. They believe the current bull-run in the economy is no guarantee to insulate it from an impending recession.
Modest Open Likely For US Markets: Oil Price Falls
Moderate open likely for the U.S markets Wednesday after the U.S. stock index futures were marginally down on the back of the hardening of the U.S stand on trade talks with China.
China’s Food Prices Up 7% As Consumer Inflation Hits 15-Month High
While China is rejoicing over the doubling of the trade surplus in May, the bad news is that China’s consumer inflation in May shot up 2.7 percent and is the highest in 15 months
Sprint, T-Mobile Merger: 10 States Sue To Stop Merger Over Competition, Jobs
Fresh trouble is brewing for the merger of wireless carriers Sprint and T-Mobile after 10 states filed a lawsuit urging to stop the deal on the ground of injury to consumer interests and loss of jobs.