Business

Mobile merger deal may be agreed upon next week

Mobile merger deal may be agreed upon next week

Tokyo-based SoftBank Group owns nearly 85 percent of Sprint, while Deutsche Telekom is the controlling owner of T-Mobile. This could allow Deutsche Telekom to consolidate the combined company without owning a majority stake. didn't do as well as T-Mobile. Their inability to find common ground wasn't the only thing that killed a T-Mobile-Sprint merger in the past. Analysts have said that without T-Mobile, Sprint lacks the scale needed to invest in its network and to compete in a saturated ...


Trump hails breakthrough at Korea summit, praises Xi

Trump hails breakthrough at Korea summit, praises Xi

President Donald Trump on Friday hailed the "historic meeting" between the leaders of North and South Korea and said "good things are happening" - but sounded a cautionary note about the thaw in relations between the two nations. After the summit, Kim and Moon committed to a "peace regime" aimed at ending nuclear conflict. "For more than a decade, South Koreans have been cut off from North Korea due to tensions", she said in a statement.


NFL lands US$130 million Thursday Night Football rights renewal with Amazon

NFL lands US$130 million Thursday Night Football rights renewal with Amazon

The news comes after Amazon agreed a deal to stream the US Open Tennis Championships in the United Kingdom and Ireland. The Seattle-based company said it had more than 18 million total viewers over 11 games this past football season. Earlier this year, Amazon released viewership numbers for its first season streaming NFL Thursday night games. Last year's deal was for a reported $50 million, and rumblings on Thursday indicated that the National Football League may have upped that price ...


United Kingdom economy sees slowest growth in over five years

United Kingdom economy sees slowest growth in over five years

The disappointing data cast doubt on the prospects of a May interest rate rise, with market expectations of a hike falling to just 25% according to Reuters , with investors now pricing in the next interest rate rise in December. The performance of the economy was much worse than the Bank of England had been expecting and nearly certainly puts paid to any chance of an interest rate rise when the monetary policy committee meets early next month.


House Chaplain Says Ryan Forced Him Out

House Chaplain Says Ryan Forced Him Out

Ashlee Strong, a spokesman for Ryan, said it was the Speaker's decision, but offered no explanation for the move, adding that Pelosi and her office "were fully read in and did not object". "The speaker consulted with the minority leader, but the decision was his", she told CNN in a statement. The aide also said Pelosi made it clear to Ryan that she disagreed with his decision.



Amazon's stock jumps 7% to a record at the open

About 6.39M shares traded. AMZN outperformed the S&P500 by 65.23%. Cls Investments Llc bought 249,000 shares as the company's stock rose 16.66% while stock markets declined. Forte Capital Lc Adv invested in 0.18% or 10,470 shares. Stillwater Advisors Ltd Liability Co stated it has 0.15% in Amazon .com, Inc. (NASDAQ:AMZN).