Viacom Spectrum continue talks past 7 pm deadline Viacom Spectrum continue talks past 7 pm deadline: Viacom Inc (VIAB.O) and cable operator Spectrum continued talks Sunday night as the 7 pm ET (2300 GMT) deadline on their programming agreement passed, a source familiar with the situation told Reuters. As of […]
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T-Mobile Sprint aim to announce merger without asset divestitures T-Mobile Sprint aim to announce merger without asset divestitures: T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost […]
Delta refuses to pay tariffs on Bombardier CSeries jets Delta refuses to pay tariffs on Bombardier CSeries jets: Delta Air Lines Inc on Wednesday said it would refuse to pay a 300 percent U.S. tariff on Canadian-built Bombardier CSeries jets, raising doubts about its purchase of 75 of the new […]
Oil slips despite expected OPEC extension of output cuts Oil prices slipped on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production. Brent crude oil was down 20 cents at $56.74 a barrel by 0840 GMT. U.S. light crude was 35 cents lower at $50.95. Both […]
U.S. Treasury dashes hopes for near-term World Bank capital hike A U.S. Treasury official dashed hopes for a World Bank capital increase in the near term, saying the multilateral lender first needs to review its balance sheet to ensure resources are going to countries and projects that need them most. […]
Verizon media chief departing after not getting top job Verizon Communication Inc (VZ.N) media chief Marni Walden confirmed on Tuesday she had decided to leave the telecommunications company next year after it became clear she would not become its next chief executive. Walden, executive vice president and president of global […]
Storms impact U.S. job market trade expected to bolster economy Storms impact U.S. job market trade expected to bolster economy: The number of Americans filing for unemployment benefits fell more than expected last week, but the continued impact of Hurricanes Harvey and Irma on the data made it difficult to […]
Awaiting better days multinationals keep Venezuela units alive Awaiting better days, multinationals keep Venezuela units alive: Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up. His employer, Ford Motor Co (F.N), does not mind. In fact, it […]
Panel finds U.S. washing machine makers hurt by LG, Samsung imports Panel finds U.S. washing machine makers hurt by LG, Samsung imports: The U.S. International Trade Commission found on Thursday that surging imports of large residential washing machines harmed domestic producers, a major step toward the imposition of broad duties […]
Wall Street starts quarter higher data signals strength Wall Street starts quarter higher data signals strength: U.S. stocks started the fourth quarter on a strong note on Monday, with all three major indexes hitting record high closes as data pointed to underlying strength in the economy. A measure of U.S. […]
