U.S. telecoms regulator stops clock on Sprint, T-Mobile merger review
The U.S. Federal Communications Commission said on Thursday it has halted the informal 180-day “shot clock” on the review of the merger of wireless providers Sprint Corp and T-Mobile US Inc to give the public three additional weeks to comment on the $2…
Tesla enters into agreement with Chinese lenders for Gigafactory
Tesla Inc said on Thursday it signed an agreement with lenders in China for a 12-month facility of up to 3.5 billion yuan ($521 million) for the electric carmaker’s Gigafactory in Shanghai, and secured new commitments from banks that could be used for …
Wall Street drops for fourth day as ECB stokes growth worries
Wall Street’s main indexes fell for a fourth consecutive session on Thursday, after Europe’s central bank said it would defer interest rate hikes and offered banks a new round of cheap loans, raising fresh concerns about global economic growth.
ECB move sends stocks lower; dollar climbs
A gauge of global stock markets stumbled on Thursday while the U.S. dollar rose, as the European Central Bank postponed interest rate hikes to 2020 and launched a new round of cheap loans to banks in an effort to spark the euro zone economy.
Exclusive: U.S. SEC scrutinizes fairness of stock exchange pricing
The U.S. Securities and Exchange Commission is investigating whether the multi-tiered pricing system used by stock exchanges favors large brokers at the expense of small ones, according to a person familiar with the matter.
U.S. State Department declines comment on Huawei suit
The U.S. State Department declined to comment on Thursday on a lawsuit against the United State by Chinese telecommunications equipment maker Huawei Technologies, and said Washington advocates for secure networks that are free from undue foreign govern…
Democrats probe whether White House interfered in AT&T Time Warner merger
Two U.S. House Democrats on Thursday asked the White House and Justice Department to turn over documents that could show whether Republican President Donald Trump sought to intervene in the regulatory review of AT&T Inc’s $85 billion acquisition of Time Warner Inc.
American Airlines grounds 14 planes due to overhead bin issue
American Airlines Group Inc grounded 14 Boeing 737-800 airplanes on Thursday after complaints by pilots that overhead bins on some recently-retrofitted aircraft cabins were not closing, an American official said.
Wall Street falls for fourth day after dour ECB view
Wall Street’s main indexes headed toward a fourth consecutive session of declines on Thursday, after Europe’s central bank said it would defer interest rate hikes and offered banks a new round of cheap loans, raising fresh concerns about global economi…
Tesla CEO Musk’s security clearance under review over pot use: Bloomberg
Tesla Inc and SpaceX Chief Executive Officer Elon Musk’s security clearance is being reviewed by the Pentagon after the billionaire smoked marijuana on a California comedian’s podcast in September, Bloomberg reported on Thursday, citing a U.S. official…
