Sprint’s stock soars more than 70% after judge approves T-Mobile merger
The $26 billion merger between T-Mobile and Sprint has been approved, ending a years-long attempt to combine the United States’ third- and…
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Fed chairman: Coronavirus could hurt the global economy
Federal Reserve chairman Jerome Powell on Tuesday warned Congress that the coronavirus could hurt the global economy. “We will be watching this…
Continue Reading Drake will stream rap battles exclusively on Caffeine, a platform run by ex-Apple employees
Drake has signed an exclusive multi-year deal with Caffeine, a budding broadcasting company that hopes to rival Amazon’s Twitch and…
Continue Reading The coronavirus outbreak is letting the safe-haven dollar shine
The US dollar has become a safe haven investment thanks to America’s strong economy, and has risen further in value as investors look for…
Continue Reading China is struggling to get back to work after the coronavirus lockdown
China is struggling to return to work after the coronavirus outbreak shut down large swaths of the world’s second biggest economy for more than…
Continue Reading Federal judge approves T-Mobile’s $26.5 billion takeover of Sprint in wireless shakeup
NEW YORK, NY — A federal judge has removed a major obstacle to T-Mobile’s $26.5 billion takeover of Sprint, as he rejected claims by a group of…
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Proposed Volvo-Geely merger could create China’s first global auto powerhouse
Chinese automaker Geely is discussing a full merger with Volvo, which could mark the beginning of the first global Chinese car manufacturing…
Continue Reading Under Armour says the coronavirus outbreak will hurt sales
Under Armour posted a surprise loss during the holidays and said sales could take a hit from the coronavirus outbreak in China. Shares of Under…
Continue Reading Britain finally admits that Brexit means the death of frictionless trade with Europe
The idea that Britain can leave the European Union and maintain frictionless trade with the bloc of 27 countries is officially dead. Cabinet minister…
Continue Reading Masa Son’s big tech dream is fading as more bets sour and key people leave
SoftBank founder and CEO Masayoshi Son wants to shape the future of technology for centuries to come, but that bold dream may be fading as his Vision…
Continue Reading Asian American and Pacific Islander women have to work this far into the year to earn the same amount that white men earned in 2019
February 11 is AAPI Women’s Equal Pay Day, but it’s not one to celebrate. Rather, it’s a day that represents immense financial…
Continue Reading Investors aren’t panicking about Bernie Sanders. Here’s why
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Wall Street…
Continue Reading The S&P 500 is really the S&P 5. Big tech dominates the index
The S&P 500 is supposed to be a broad representation of the US economy. So if you’re plowing money into an index fund, you might think…
Continue Reading Oscars brings in the lowest ratings in show’s history
The 92nd Academy Awards drew an average of 23.6 million viewers for ABC on Sunday — a new low for Hollywood’s biggest night. The awards…
Continue Reading Elon Musk’s verdict on Facebook: It’s ‘lame’ and you should delete it
Elon Musk has taken another swipe at Facebook. Responding to a Twitter post by actor Sacha Baron Cohen calling for Facebook to be regulated over its…
Continue Reading Defense Department proposes cutting funding to Stars and Stripes
The publisher of Stars and Stripes, the military’s editorially independent newspaper which covers issues relevant to members of the armed…
Continue Reading Trump seeks billions more for NASA to get US astronauts on the moon by 2024
The Trump administration is seeking a big boost to NASA’s annual funding in order to fulfill its mission to put a man and woman on the moon by…
Continue Reading You can’t make a car with 99% of the parts. Coronavirus could wreck the global auto industry
The human cost of China’s coronavirus outbreak is tragic, mounting and already readily apparent. The cost to businesses around the world could…
Continue Reading Schick owner drops purchase of Harry’s
Harry’s Razors was about to be swallowed up by one its larger rivals. But on Monday, the purchase was suddenly dropped. Edgewell Personal Care,…
Continue Reading So you want to legalize cannabis? Some dos and don’ts from the experts
New York Governor Andrew Cuomo says this will be the year that his state legalizes recreational cannabis. If those efforts prove successful, New York…
Continue Reading SEC Network condemns basketball analyst’s remark calling gymnasts ‘scantily clad girls’
Basketball analyst Barry Booker is under fire for comments he made during the broadcast of a men’s basketball game Saturday night. The incident…
Continue Reading Black News Channel, the sole African American-led news network in the US, has arrived
The country’s sole African American-led news network has arrived. Black News Channel debuted this week, the second week of Black History Month,…
Continue Reading LOL Surprise toys could be in short supply this holiday season because of coronavirus
No one knows how long the coronavirus outbreak will last, but it’s already threatening to ruin Christmas. Toymaker MGA Entertainment is warning…
Continue Reading Food prices are soaring in China because of the coronavirus and swine fever
The coronavirus outbreak is driving up the cost of food — and almost everything else in China — adding to the pressure on household budgets.…
Continue Reading This company is 5,000 miles away from Wuhan. It’s still at risk from the coronavirus
More than 5,000 miles away from Wuhan, a small UK company is preparing to take a potential hit from the coronavirus. Daletech, a manufacturer of…
Continue Reading Mega-mall merger: Simon to buy Taubman
American malls are struggling, and the industry is consolidating in a fight to keep its head above water. Simon Property Group, the largest owner of…
Continue Reading Amazon wants Trump to testify in battle over $10 billion Pentagon contract
Amazon has asked a federal court for permission to get testimony from President Donald Trump and Defense Secretary Mark Esper as part of its ongoing…
Continue Reading Popeyes’ chicken sandwich sends sales through the roof
Popeyes’ beloved chicken sandwich helped give the chain a major boost in the fourth quarter. Restaurant Brands International, which owns…
Continue Reading AirPods and iPhones could be harder to find because of coronavirus
The “heart and lungs” of Apple’s manufacturing is suffering, and it could get much worse as the deadly coronavirus continues to…
Continue Reading This man says he’s stockpiling billions of our photos
If Hoan Ton-That is feeling the pressure, he isn’t showing it. Over the last month, fears about facial recognition technology and police…
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