"That's my view. They'll cut preemptively in June. That is to say Wednesday," says the Grant's Interest Rate Observer newsletter editor.Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Ross played down the prospect of an agreement being reached at the G-20 meeting in Osaka on June 28-29.Paris Airshowread more
Boeing is scrambling to restore confidence in the 737 Max from regulators, customers and the flying public.Paris Airshowread more
Google CEO Sundar Pichai said in a CNN interview that while the company will work to remove as much harmful content as possible, the company can't remove 100% of it.Technologyread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
In a rare downgrade for the stock, Imperial Capital lowered its rating for Disney to in-line from outperform and maintained its target price of $147.Investingread more
Atlassian is releasing a document that's meant to simplify the negotiation of terms for acquisitions. That way the buyer and seller can focus on more important topics, like...Technologyread more
The pizza chain's robo delivery program could add to store owners' options during peak times.Restaurantsread more
GM CEO Mary Barra promised the automaker would launch 20 models of electric cars by 2023, beginning early this year. That plan may stall. A slowdown in China, a ratcheting up...Evolveread more
T-Mobile hired a lobbying firm tied to former Trump campaign manager Corey Lewandowski, the telecommunications company said Friday.
In a statement to NBC News, the telecommunications company said it hired Turnberry Solutions in August for its perspective "on a variety of topics, including the pending transaction." It retained the lobbying firm as part of an effort to secure federal approval for its merger with Sprint, The Wall Street Journal reported Friday.
"Given the scope and complexity of our business, our Government Affairs team works with a number of political consulting firms to help navigate the numerous federal government and regulatory matters that are relevant to us. This list of agencies, which is publicly available, includes Turnberry Solutions which we hired last August," a T-Mobile spokesperson said.
"Corey Lewandowski is now affiliated with that firm and they have offered perspective to T-Mobile on a variety of topics, including the pending transaction."
Lewandowski is getting paid as part of T-Mobile's contract with Turnberry, according to documents reviewed by the Journal, as well as people familiar with his involvement. The newspaper said Lewandowski's specific role is unclear.
Data from the Senate Office of Public Records shows Deutsche Telekom, of which T-Mobile is a subsidiary, has paid Turnberry Solutions $70,000 so far in 2018, according to the Center for Responsive Politics' OpenSecrets database. Deutsche Telekom paid the lobbying firm $30,000 in 2017, OpenSecrets' records show.
Lewandowski worked for the Trump campaign until June 2016. He drew headlines after he was seen on video grabbing a reporter approaching then-candidate Donald Trump at a rally in March 2016, for which he subsequently received a misdemeanor battery charge. That charge was later dropped.
In a September report from Politico, Lewandowski said he has "nothing to do with Turnberry Solutions." Politico also reported T-Mobile's partnership with Turnberry in January.
T-Mobile and Turnberry Solutions did not immediately respond to CNBC's requests for comment on the Journal's report. A Sprint spokesman referred CNBC's request to T-Mobile.