Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
Judge Victor Marrero of U.S. District Court for the Southern District of New York set the hearing for June 21, in response to a request for an expedited hearing.
Ten states, led by New York and California, filed a lawsuit on Tuesday aimed at stopping the merger of the No. 3 and No. 4 national wireless companies, saying that the deal would cost Sprint and T-Mobile subscribers more than $4.5 billion annually.
The Federal Communications Commission has agreed in principle to approve the deal while the U.S. Justice Department is believed to be nearing a final decision.
The companies have offered to sell the Boost brand currently owned by Sprint to reduce the combined company's market share in the prepaid business. They have also indicated they were considering divesting wireless spectrum.
T-Mobile indicated in a filing on Thursday that its attorneys will include George Cary and David Gelfand, who oversaw litigation at the Justice Department's Antitrust Division during the Obama administration when there were at least three major merger challenges.
Sprint has filed that its attorneys will include Karen Hoffman Lent and Steven Sunshine of Skadden, Arps, Slate, Meagher & Flom, who have handled some of the biggest antitrust cases in the past 10 years.