 | | | | The U.S. Justice Department and Federal Communications Commission filed in court on Friday to support a merger of T-Mobile and Sprint , the third- and fourth-largest wireless carriers. | | | | | | Testimony ended on Friday in a lawsuit by a group of states led by New York and California seeking to block the merger of Sprint Corp and T-Mobile US Inc , moving the trial a step closer to having a U.S. judge rule on whether the deal violates federal antitrust laws. | | | | | | U.S. stocks hit record closing highs again on Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic about developments in the U.S.-China trade dispute. | | | | | | The U.S. Securities and Exchange Commission (SEC) is probing the listings of Slack Technologies Inc and other unicorns on the New York Stock Exchange, the Wall Street Journal reported on Friday, citing people familiar with the matter. | | | | | | The National Highway Traffic Safety Administration's (NHTSA) acting chief said on Friday the agency is in talks with General Motors Co on its January 2018 petition to deploy a limited number of self-driving vehicles on U.S. roads without steering wheels or other human controls. | | | | | | A year-end rally in global equity markets extended gains on Friday, helped by data showing relatively strong U.S. growth, while sterling posted its worst week in more than two years on concerns over how Britain will leave the European Union. | | | | | | Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of U.S.-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth. | | | | | | Alphabet Inc's newly instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant. | | | | | | A group of five U.S. senators sent a letter on Thursday to JPMorgan Chase & Co. , asking it to explain what it was doing to address what they described as "a troubling list of discriminatory practices" related to race. | | | | | | Amazon.com Inc plans to raise the fees it charges merchants for warehousing and shipping their goods in the United States by an average 3% next year, the company said Friday, as it faces higher costs from infrastructure and programs such as one-day delivery. | | | | | | United States Steel Corp plans to lay off as many as 1,545 workers at its Great Lakes Works facility in the electoral swing state of Michigan following its decision to indefinitely idle a "significant" portion of the facility. | | | | | |
