Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Comcast announced Xfinity Mobile on Thursday, a new wireless service that will be available for its nearly 25 million broadband customers.
The company, parent company of NBCUniversal, is hoping the new service will lock in existing customers as well as attract new ones, going after the 130 million mobile phone lines in places where Comcast offers services.
The company says the service is "designed for the way people use their phones today, with Internet and data at the center of the experience."
Comcast is not taking a Wi-Fi-first
The four major telecom companies have been battling over prices and offering different features to distinguish their services. Comcast expects this new business to be profitable, but at the same time doesn't aim to compete directly with the traditional wireless carriers. Rather, the goal is to use the new service to build its relationship with its core subscribers.
"One thing we're looking at now is retention — it's key for us," Watson said. "It will be designed to support the core cable business."
Comcast customers can subscribe to unlimited cellular data for $65 a line — or $45 per line for customers with the best X1 packages. The alternative is to pay $12 per gigabyte of cellular data on all lines on an account each month.
Xfinity Mobile makes it easy to watch video through other Xfinity apps, including up to 200 live TV channels with the
At launch, Xfinity Mobile will be available on the most popular devices, including the iPhone 7 family, the Samsung Galaxy S8, and the LG XPower. The service will first launch with an employee trial, followed by a nationwide rollout to its customers as part of the bundle beginning later in the second quarter.
Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and CNBC.com.