A federal judge has sided with T-Mobile in the company’s first legal challenge in their renewed $26.5 billion bid to acquire rival telecommunications giant, Sprint.
News of the formal indictments by the U.S. Department of Justice was made public during a press conference held on Monday by U.S. Attorney General, William Barr, and his staff.
Strong quarterly reports from big companies such as Apple, Norfolk Southern, and General Electric, helped lift the market even higher on Wednesday.
Along with its fine against Stumpf, the Office of the Comptroller of the Currency announced on Thursday it was suing five other former Wells Fargo executives for a combined total of $37.5 million for their roles in the bank’s controversial sales practices.
A monthly report from the Institute for Supply Management suggests that a strong year is ahead for small and medium-sized U.S.-based manufacturers.
The news came during a three-day visit to the country by Bezos, who additionally said that Amazon is going to use its “size, scale and global footprint to export $10 billion in goods made in India by 2025.”
London-based foreign currency exchange company Travelex has yet to restore digital sales and was reportedly infected with ransomware by hackers threatening to release the personal data of Travelex customers unless it pays a $3 million ransom.
Borden Dairy Co. has become the latest U.S. dairy to file for bankruptcy protection as dairy consumption continues to fall to all-time lows.
U.S. and world markets appear to be reacting negatively to increased tensions between the U.S. and Iran, propelling gold and oil prices to recent highs.
A recall of Mercedes vehicles is expected to affect roughly 750,000 owners.