T-Mobile, Sprint lobby regulators to win U.S. approval for tie-up
Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined firm would have incentives to “aggressively lo…
Tesla says robotaxis coming next year, touts self-driving microchip
Chief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would be available in some markets next year thanks to exponential improvements in technology.
Facebook hires State Department lawyer as general counsel
Facebook Inc on Monday named the legal adviser to the U.S. State Department as its general counsel, as the social media giant faces growing regulatory hurdles and privacy concerns.
Textron sees final certification of Longitude jet in third quarter
(This April 17 story corrects headline and first paragraph to say the certification is expected in the ‘third’ quarter, not the ‘second’)
Whirlpool profit beats on price hikes, shares jump
Appliances maker Whirlpool Corp beat analysts’ estimates for quarterly profit on Monday, fueled by price increases to counter higher raw material and freight costs.
Wall Street near flat in quiet session ahead of earnings wave
U.S. stocks ended a low-volume trading session little changed on Monday, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings.
Tesla touts power of self-driving microchip in cars, working on software
Chief Executive Elon Musk unveiled on Monday a microchip for self-driving vehicles that the electric car company hopes will give Tesla Inc an edge over rivals.
Barclays to cut investment bankers’ bonuses: FT
Barclays Plc is planning to cut bonuses for investment bankers as it steps up its defense against activist investor Edward Bramson ahead of next week’s annual meeting, the Financial Times reported on Monday.
Bombardier eyes higher sales from retrofitting trains
Canada’s Bombardier Inc sees higher sales from modernizing existing rail cars as the company works to further diversify its largest division as measured in revenue, a spokesman said this month.
Wall Street pauses ahead of big earnings wave
U.S. stocks were little changed on Monday, as investors were cautious ahead of a barrage of quarterly earnings reports from major companies.
