The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped 12% Monday afternoon, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Carl Icahn thinks Occidental Petroleum's CEO got played by the Oracle of Omaha himself in the company's effort to buy Anadarko Petroleum.Investingread more
The U.S. Food and Drug Administration has approved the first generic copies of a popular, pricey pill for nerve pain. The agency on Monday said it approved nine generic...Biotech and Pharmaceuticalsread more
Starbucks is licensing its mobile and loyalty program technology in a deal that will give global franchisees the chance to offer the Starbucks mobile app to customers.Restaurantsread more
British electrical goods and mobile phone retailer Dixons Carphone said its Connected World Services (CWS) division has signed a deal with Sprint, the U.S. mobile network operator, to open and manage Sprint-branded stores in the U.S.
Dixons Carphone, formed last year from the merger of Dixons Retail and Carphone Warehouse, said the first phase of the deal will see CWS supply mobile phone retail expertise and proprietary knowledge to Sprint who will open about 20 retail stores.
If these stores prove successful, the deal would progress to a second phase which would involve CWS investing equally with Sprint in a joint venture to roll out up to 500 stores.
That second phase would see Dixons Carphone invest up to $32 million to obtain a 50 percent interest in the new venture.
"This...is a significant step in growing our CWS business in the U.S.," said Andrew Harrison, Dixons Carphone deputy group CEO.
Shares in Dixons Carphone, up a quarter over the last nine months, closed Wednesday at 459 pence, valuing the business at 5.3 billion pounds ($8.3 billion).