April 17, 2019

White House will not turn over documents on AT&T-Time Warner merger

The White House has told two U.S. House Democrats it will not turn over documents that could show whether Republican President Donald Trump sought to intervene […]
April 17, 2019

U.S. Justice Department tells T-Mobile, Sprint it has concerns about merger deal: sources

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp it has concerns about their proposed $26 billion merger in its current structure, sources […]
April 17, 2019

Brent nears $72 amid tightening supplies; surprise draw in U.S. crude stocks

Oil prices rose on Wednesday, supported by concerns over tightening global supply due to U.S. sanctions and fighting in Libya, as well as an unexpected fall […]
April 16, 2019

Qualcomm shares soar on surprise settlement with Apple of long legal dispute

Qualcomm Inc on Tuesday won a major victory with a surprise settlement of its wide-ranging legal dispute with Apple Inc that includes a supply agreement paving […]
April 16, 2019

Intel says to exit 5G smartphone modem business

Intel Corp said on Tuesday it was exiting the 5G smartphone modem business, while assessing opportunities for 4G and 5G modems in PCs, internet of things […]
April 16, 2019

No-frills no longer: GM’s China brand Baojun attempts a major makeover

By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities […]
April 16, 2019

Minnesota student sues China’s JD.com CEO Liu with allegation of rape

A University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China’s e-commerce retailer JD.com Inc, filed […]
April 16, 2019

IBM quarterly revenue, full-year forecast disappoints

International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its latest mainframe computers and a stronger dollar. […]
April 16, 2019

CSX overcomes ‘polar vortex’ to top Wall Street’s profit view

CSX Corp on Tuesday reported a quarterly profit that topped Wall Street’s target, after the No. 3 U.S. railroad operator pushed through price increases and contained […]
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