Democrat calls for 'good faith' talks with USTR on USMCA trade deal Newsletter

Democrat calls for 'good faith' talks with USTR on USMCA trade deal

The Democratic head of the U.S. House Ways and Means Committee on Friday called for "good faith" negotiations with the Trump administration to address concerns about the new U.S.-Mexico-Canada trade agreement and pave the way for its passage.

Dish Network has tough road to become competitive mobile carrier

Dish Network's bid to become a fourth U.S. mobile carrier may cost billions more than it expected and pits it against corporate giants, but the satellite TV provider has an advantage in starting fresh with no legacy technology to maintain and deep-pocketed potential partners.

Trump says he expects Apple to announce it will build plant in Texas

U.S. President Donald Trump said on Friday he wanted Apple Inc to build its plants in the United States and expects the technology firm to announce it will build one in Texas.

S&P 500, Nasdaq hit record highs; dollar gains ground

The S&P 500 and the Nasdaq closed at record levels and the dollar reached a two-month high on Friday as strong economic data and a string of upbeat earnings reports brought buyers back to the market.

Anadarko Petroleum adjusted profit falls 10%

Anadarko Petroleum Corp , which is being bought out by rival Occidental Petroleum Corp , reported a 10.4% fall in quarterly adjusted profit on Friday, hit by lower oil and gas prices.

S&P, Nasdaq hit closing records with help from Alphabet, Starbucks

Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.

Elon Musk's Boring Co raises about $117 million in latest funding round

Elon Musk's Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday.

London Stock Exchange in talks to combine with Refinitiv: source

The London Stock Exchange Group Plc (LSE) is in talks to combine with Refinitiv, less than a year after Blackstone Group Inc bought a majority stake in the data analytics platform in a $20 billion deal, a person familiar with the matter said on Friday.

Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger

T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation's third and fourth largest wireless carriers.

Oil gains on U.S. economic data, Gulf crude tanker dispute

Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.

T-Mobile says cost to close merger with Sprint should come down by 10%

T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network.

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