FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources
T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along party lines, two sources told Reuters.
Stocks flat on data, earnings; pound volatile
A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns about a slowing economy was offset by a solid start to earnings season, while sterling was volatile as negotiations on a Brexit deal continued.
Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board
An old, degraded piece of metal pipe that had not been tested for corrosion led to the June fire and explosions at the Philadelphia Energy Solutions oil refinery, the U.S. Chemical Safety and Hazard Investigation Board said on Wednesday.
U.S. safety agency to jumpstart revamp of new car rating program
The U.S. National Highway Traffic Safety Administration (NHTAS) said Wednesday it is reviving a long-stalled effort to overhaul the five-star crash rating program for all new vehicles.
Trump says likely won’t sign China trade deal until he meets with Xi
U.S. President Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with Chinese President Xi Jinping at the upcoming APEC Forum in Chile.
Facebook executive confident Libra will win enough financial backers
Facebook Inc, whose digital currency project Libra has been abandoned by several high-profile partners including PayPal, Visa and Mastercard, still expects to get 100 banks and financial firms on board once it addresses regulatory concerns, the head of…
GM, UAW reach tentative deal to end month-long strike
General Motors Co and the United Auto Workers union have reached a tentative deal for a new four-year labor deal, moving the sides closer to ending the month-long strike that had drawn the attention of U.S. President Donald Trump and potential Democra…
Timeline: GM reaches tentative labor deal with UAW union to end strike
General Motors Co and the United Auto Workers union have reached a tentative agreement for a new labor deal to end a month-long nationwide strike by about 48,000 hourly workers, the union said on Wednesday.
Abbott revenue misses as heart devices eclipse diabetes gains
Abbott Laboratories fell just short of Wall Street estimates for quarterly revenue on Wednesday, as weakness in the medical device maker’s cardiovascular business overshadowed strong performance in its fast-growing diabetes care unit.
GM, UAW reach tentative deal to end strike
General Motors Co and the United Auto Workers union have reached a tentative deal for a new four-year labor deal, moving the sides closer to ending the month-long strike that had drawn the attention of U.S. President Donald Trump and potential Democra…