United States  

Business Highlights

SeattlePI.com Tuesday, 11 June 2019
___

States sue to stop $26.5 billion Sprint-T-Mobile deal

NEW YORK (AP) — A group of state attorneys general led by New York and California are seeking to block T-Mobile's $26.5 billion bid for Sprint. They say the merger would hurt competition and drive up prices for cellphone service. They filed a federal lawsuit Tuesday in an unusual step ahead of a decision by federal antitrust authorities. T-Mobile and Sprint have argued that they need to bulk up to upgrade to a fast, powerful "5G" mobile network that competes with Verizon and AT&T.

___

Tech on trial: House panel begins review of market power

WASHINGTON (AP) — The House Judiciary Committee is launching its investigation into the market dominance of Silicon Valley's biggest names, including Facebook, Google and Amazon. The hearing Tuesday will look at the tech giants' impact on news outlets and local advertisers. Some lawmakers warn that the technology companies have become monopolies, and several Democratic presidential candidates say they should be broken up on antitrust grounds.

___

Wholesale prices blip up 0.1% in May

WASHINGTON (AP) — U.S. wholesale prices rose just 0.1% in May month, another sign that inflationary pressures are under control. The Labor Department says the increase last month in its producer price index, which measures inflation pressures before they reach consumers, was half April's 0.2% increase.

___

New Jersey mandates panic buttons for hotel room cleaners

ATLANTIC CITY, N.J. (AP) — New Jersey Gov. Phil Murphy has signed a law requiring most of the state's hotels to provide their workers with wearable panic buttons they can press to quickly summon help in an emergency. The Democratic governor and several nationwide unions say New Jersey is the first state to mandate the...
0
shares
ShareTweetSavePostSend
 
Video credit: WFMZ Allentown, PA - Published
News video: Business Matters - BM20190610

Business Matters - BM20190610

Congressional Event Part 2?

Related videos from verified sources

Fast Fire Rushes Toward Onlookers [Video]

Fast Fire Rushes Toward Onlookers

Occurred on June 28, 2019 / Miami, Florida, USA Info from Licensor: "This was a forest fire in the Rockland Pines Reserve in Kendall off of 124th St and 133rd Ct at around 3 pm. The fire spread across..

Credit: Viral Hog Content     Duration: 01:01Published
Business owners working to keep customers during construction on Livernois [Video]

Business owners working to keep customers during construction on Livernois

Business owners working to keep customers during construction on Livernois

Credit: Rumble     Duration: 02:34Published

Related news from verified sources

How to respond to Google reviews of your business on desktop or mobile

How to respond to Google reviews of your business on desktop or mobile
** · *An open line of communication between business owners and their customers can provide valuable insight, and can help foster a better relationship...
Business Insider

Meet the power players at the SoftBank Vision Fund, who are writing checks for billions of dollars and upending the technology business

Meet the power players at the SoftBank Vision Fund, who are writing checks for billions of dollars and upending the technology business
· *SoftBank's Vision Fund is the world's largest tech investor and has backed companies like Uber, WeWork, and Ola.* · *The $100 billion is partly funded by...
Business Insider

You Might Like


Tweets about this