The U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and Sprint Corp to merge by selling assets to Dish Network Corp , the Wall Street Journal reported, citing people familiar with the matter.
REUTERS: Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies. Separately, the company said it would sell the ...
Mattel Inc reported a surprise rise in quarterly revenue on Thursday, as the success of the latest "Toy Story" movie boosted demand for its action figures and a makeover of Barbie lifted sales of the iconic dolls, sending its shares up 5per cent.
REUTERS: Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp's modem business in a deal valued at US$1 billion, the companies said on Thursday. Under the deal, about 2,200 Intel employees will join Apple, along with intellectual property ......
Intel Corp beat analysts' estimates for quarterly revenue and profit on Thursday, raising hopes that a recent slump in chip demand aggravated by the U.S.-Sino trade war was easing.
OSHKOSH, Wisc.: The U.S. Federal Aviation Administration distanced itself on Thursday from suggestions by Boeing that its grounded 737 MAX could resume flying passengers in October, saying regulators do not have a timeline for vetting safety upgrades. Boeing Chief Executive Dennis Muilenburg told ...
The U.S. government will pay American farmers between US$15 to US$150 per acre starting from mid- to late-August, Department of Agriculture officials said on Thursday, as part of its US$16-billion aid package to compensate those hurt by the trade war with China.
British Airways said Thursday it would resume flights to Cairo following a week's suspension, having reviewed its security measures.
Boeing Co's top two U.S. customers warned on Thursday of an increasing financial toll from the prolonged grounding of the 737 MAX jet, which prompted a "frustated" Southwest Airlines Co to announce it was ending operations at Newark Liberty International airport.
Britain's O2 mobile phone network, owned by Spain's Telefonica, said on Thursday it would launch next generation 5G services in October, and will be live in 20 towns and cities by the end of the year and in 50 by next summer.
