Sprint's trick to making money: A year of free of service

On the M&A front, Sprint (s) has been reportedly in talks with competitor T-Mobile ( tmus ) as well as the two cable giants getting into wireless, Comcast ( cmcsa ) and Charter Communications ( chtr ). Claure said he was "a bit surprised" to see that announcement and that Charter talks were part of a "bigger play". Revenue rose about 2 percent to $8.16 billion, missing the $8.19 billion analysts expected, according to Zacks.

HSBC to buy back $2b shares

Adjusted revenue and pre-tax profit rose 4 per cent and 13 per cent respectively, beating analysts' estimates, as the bank continued to pump capital into better-returning markets in Asia and earnings at the investment bank surged. Banks analyst Robert James, who works for Old Mutual Global Investors, said that the key to the investment case for HSBC shares is the $400bn (£304bn) surplus of deposits over liabilities held by the company.

Starbucks to close all 379 Teavana locations

A spokesperson said: 'As reported on the Q2 call, numerous company's principally mall-based Teavana retail stores have been persistently underperforming. Overall, our tea business has grown 40% since we launched Teavana in the USA five years ago, and it is up over 60% since launching in China and Japan roughly one year ago.

United Kingdom wants to ban sales of internal-combustion vehicles by 2040

Sweden's Volvo Car Group said that by 2019 all of its cars will have an electric motor , while BMW AG will build an electric version of its iconic Mini compact car in Britain . "Dearman welcome the government's strong stance on diesel, which is necessary if we are to start tackling Britain's air pollution crisis". For example, the current in United Kingdom houses is too small at present to allow mass adoption of home charging of electric vehicles.

Oil Rises For Third Day As US Stockpiles Expected To Fall Again

The number of oil rigs fell last week, oilfield services giants Schlumberger (SLB) and Halliburton (HAL) see more cooling, and on Monday, Anadarko Petroleum (APC) said it would cut its 2017 capital spending outlook by $300 million, becoming the first US producer to do so.

BMW denies role in 'secret cartel' of diesel emissions cheating

Daimler announced on Tuesday that it would modify three million Mercedes vehicles in Europe to reduce their diesel emissions . The company said in a statement that it "aims to maintain the future viability of diesel engines" and believes the program "will counteract possible bans on vehicles with diesel engines".

Euro retreats as European Central Bank deliver little new to encourage the hawks

A raft of indicators in recent months has raised expectations that the eurozone recovery has gained momentum and that growth will come in stronger than anticipated. The purchases pump newly printed money into the economy in an effort to push up inflation, which is now at an annual rate of 1.3 percent. Aussie/dollar rose to 0.7987 following the news, but retraced the gains later in the session to last trade at 0.7924.

Jim Armitage: Reckitt Benckiser's food deal cuts the mustard

Kurzius, chairman, president and CEO of McCormick, said RB Foods' focus on creating products with simple, high-quality ingredients makes it a flawless match for McCormick as it continues to capitalize on the growing consumer interest in healthy, flavorful eating.

Will Your Student Loan be Completely Forgiven?

The troubled loans that have gone into default total at least $5 billion. The paperwork documenting the chain of loan ownership disappeared as the bank loans were bundled together and sold to investors through the securitization process.

Alfred Angelo closes the doors

It remained unclear whether customers would receive items they'd ordered and paid for. Social media postings began circulating Thursday saying that the company is going out of business . "I'm really trying to stay calm, but all the money we put into these dresses", Mejia said. First, they said, the entire store was 50 percent off.

Trump hotel guests had their credit card information hacked (again)

The unauthorized party in this data breach accessed payment card information for certain hotel reservations and, in some cases, guest contact information. 'Then you look at Trump's hotels , and they're obviously a highly symbolic target'. The first time occurred in May 2014, when hackers installed malware onto Trump hotels' payment processing system, the Post reported.

Surrounded by flames, firefighters rescue United States flag from wildfire

A summer camp had to be evacuated because of fire as well. "They have quite a few fires there and seem pretty busy, so they need help from other provinces", he said. It is 80 percent contained . Fire crews have yet to contain the fire. About 1,000 fire personnel are actively fighting the blaze with more resources ordered.

Tim Hardaway Jr. back with Knicks after Hawks pass on matching offer

With Hardaway Jr. now officially back in the orange and blue, Knicks fans are left to ponder what the signing entails. But with the Knicks offering about $25 million more than what was projected, the Hawks simply were not comfortable committing that much to a fringe starter.

Mayweather vs McGregor: Everything You Need to Know About the Fight

Although the approach to fight camps in MMA has and continues to evolve as the sport blooms, the blueprint for proper preparation in boxing has been largely set due to the its extensive history. Chuck Liddell doesn't believe Floyd Mayweather will come out guns blazing when he faces Conor McGregor next month. Here you flippin' well go now.

In the leaked fresh pictures of the "budget" model Tesla

Several other research analysts also recently issued reports on TSLA . The Motley Fool owns shares of and recommends Tesla . Vetr now has $361.37 target price on the electric vehicle producer's stock. It is supposed to allow the group, born in 2003, to produce about 500 000 vehicles in 2018 and 1 million by 2020. It is a pity that good share spikes don't result in good vehicle sales though.

Saudi Bloc Slams Qatar But Stops Short of Imposing New Sanctions

Qatar faces further isolation and possible expulsion from the Gulf Cooperation Council (GCC) if its response to a list of demands made almost two weeks ago is not satisfactory, state-backed Gulf media said on Wednesday. "This list of demands confirms what Qatar has said from the beginning - the illegal blockade has nothing to do with combating terrorism, it is about limiting Qatar's sovereignty, and outsourcing our foreign policy", Sheikh Saif bin Ahmed Al Thani, director of the Qatari ...

Vantiv Offers Deal for Worldpay Valued at $10 Billion

Worldpay would announce an 8.5 billion pounds ($10.97 billion) deal with Vantiv later on Wednesday, Sky News reported. A concrete offer must be made by August 1 under British takeover law. - Worldpay is being advised on its deal with Vantiv by Goldman Sachs . Gordon Smith, chief executive officer of the bank's consumer-banking division, said last month that the MCX deal was "something we'd like to do more of, to look for technologies that we can acquire that will facilitate and ...

Philippine Supreme Court Upholds Martial Law In Southern Philippines

During oral arguments from June 13 to 15, petitioners asked the SC to void the martial-law declaration and argued that there was no sufficient factual basis to justify the martial-law implementation. Lacson was referring to Sen. "Konsyensya Dabaw particularly salutes Associate Justice Marvic Leonen who dissented from the majority ruling" and Sereno, Carpio and Caguioa who voted to limit the coverage of martial law in Mindanao.

Bank of America Corp(NYSE:BAC), Rite Aid Corporation(NYSE:RAD)

The Higher end of the revenue forecast is $8.19 Billion, while the Lower end of the forecast is $7.92 Billion. The plug was pulled on the merger because of anti-trust (monopoly) concerns, even though Walgreens had meant to circumvent some of these concerns by selling a slug of stores to Fred's Inc (NASDAQ: FRED ).

Cyber Attack Hits 17 APM Container Terminals

A message on Maersk's website said: "We can confirm that Maersk IT systems are down across multiple sites and business units due to a cyber attack". "We are assessing the situation in each terminal and we are tracking down what's going on in all our business units", she said.

America's Cup defenders US claw back a win over New Zealand

Both teams say they've a lot more in the tank and both were planning extensive reviews of their performances. Conditions were better for racing than forecast on Saturday afternoon, with wind in the 9-12 knot range, from the southwest. New Zealand tacked and gybed 17 times to Oracles 19. Increasingly impressive young Team New Zealand helmsman and regatta rookie Burling executed a textbook manoeuvre against his vastly more experienced Oracle counterpart in race two on day four of the Cup ...

The music may be over for Pandora's CEO

Westergren, who co-founded Pandora in 2000, served as its Chief Executive and president from May 2002 to July 2004, before returning to the company as its chief executive past year. They even hit an all-time low a few days after the Sirius XM deal. There has also been chatter that Verizon would be interested in buying a stake in Pandora.

Tech Titan CEOs Strategize at the White House

Kushner met with a team of tech executives, including Tim Cook and Jeff Bezos, as part of the newly created American Technology Council . Donald Trump has gathered the most prominent American technology executives to the White House and asked them to reform IT across the federal government.

Fed: Biggest US banks strong enough to withstand recession

The tests were put in place after the financial crisis to strengthen financial capacity in the event of a downturn. The measures signal economic health but are only the first in a two-step process. Bancorp, Wells Fargo and Zions Bancorp. The tested banks included Bank of America, JP Morgan Chase, Wells Fargo, Morgan Chase and the Deutsche Bank Trust Corp, a U.S.

After Levandowski, Uber CEO Travis Kalanick Might Be Getting The Boot Next

Uber's board met yesterday with former United States attorney general Eric Holder and lawyer Tammy Albarrán, who were hired to head the investigation . The logo of the ride-sharing service Uber in front of its headquarters in San Francisco . Kalanick has since the early days of Uber been the company's figurehead and while not its first, its longest-running CEO.

Conservatives continue to lead Labour in latest opinion polls

In the new poll, the Conservatives were on 45 percent, up one point, and Labour was on 36 percent, down two points. "The way you deal with that is putting more police on the streets: we will put 10,000 more police on the streets, the Conservatives are taking 20,000 off the streets".

US employers add modest 138K jobs; rate dips to 4.3 percent

Economists described the data as "soft", and the value of the dollar fell against a range of currencies amid the modest pay data and downward revisions to job growth in previous months. The U-6 has declined since January to 8.4 percent, an encouraging sign that jobless people who had given up hope of working are now being hired. "Companies may be taking a more cautious approach to hiring, not because they are anxious about sales, but because they are trying to assess whether the President ...

World leaders reaffirm commitment to fighting climate change

President Donald Trump says he will announce his decision on the Paris accord this afternoon. The protest, organised by 350 DC group, was announced on Wednesday night and is set to follow Trump's announcement on Thursday of whether the USA will remain a party to the 196-nation agreement aimed at curbing the effects of climate change , The Hill magazine reported .

Trump Signs Waiver to Keep Embassy in Tel Aviv

Jordanian government spokesman Mohammed Momani said Thursday that "we strongly welcome the decision and highly value the message it is sending". Trump has made brokering peace between Israel and Palestine among the top priorities of his administration's foreign policy.

Schapelle Corby back home in Aus

Dozens of police and media and surrounded Corby as she was bundled out the gate of her home in Kuta and shoved into a waiting black auto with her sister Mercedes. She will be processed by immigration officials at the airport and authorities insist she will not be allowed to use the VIP exit. It took her about 30 minutes to disembark and clear security before she was whisked into a vehicle on her way to her mother's home.