 | | | | T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation's third and fourth largest wireless carriers. | | | | | | Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply. | | | | | | Dish Network's bid to become a fourth U.S. mobile carrier may cost billions more than it expected and pits it against corporate giants, but the satellite TV provider has an advantage in starting fresh, with no legacy technology to maintain, and deep-pocketed potential partners are standing by. | | | | | | The London Stock Exchange Group Plc (LSE) is in talks to combine with financial data analytics and trading platform Refinitiv, the Financial Times reported on Friday, citing people briefed on the matter. | | | | | | T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network. | | | | | | Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter. | | | | | | U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health. | | | | | | The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment. | | | | | | President Donald Trump's administration faces a growing list of hurdles that could scuttle its ambitions to remove U.S. mortgage giants Fannie Mae and Freddie Mac from their government lifeline. | | | | | | U.S. President Donald Trump on Friday said his administration would not grant Apple Inc any relief for tariffs on Chinese-made parts for its Mac Pro computer. | | | | | |
