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Updated: 2 hours 17 min ago

T-Mobile's $26 billion deal for Sprint gets big boost after FCC chief gets behind it

Mon, 05/20/2019 - 11:00am
T-Mobile's US Inc's $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission (FCC) on Monday, in a big step toward the deal's approval.

Missouri governor expected to sign eight-week abortion ban into law

Mon, 05/20/2019 - 10:54am
Missouri's Republican governor could sign a law as early as this week banning most abortions in the Midwestern state after the eighth week of pregnancy, part of a wave of restrictions aimed at driving a challenge of abortion to the U.S. Supreme Court.

Wall St. lower as tech stocks sell-off on Huawei fallout worries

Mon, 05/20/2019 - 10:54am
U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies.

Face ID firm Lumentum follows Google with Huawei ban

Mon, 05/20/2019 - 10:44am
Apple Face ID parts supplier Lumentum Holdings Inc followed Google on Monday in clamping down on the business it does with Huawei Technologies, after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds.

Lumentum says halting all Huawei shipments, cuts quarterly forecast

Mon, 05/20/2019 - 10:44am
Mobile phone parts producer Lumentum Holdings Inc on Monday was the first U.S. company to confirm formally it was halting shipments to Huawei Technologies, following export restrictions put in place by the United States Department of Commerce.

Global stocks slide as worries about Huawei fallout mount

Mon, 05/20/2019 - 10:38am
Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before this week's Federal Reserve meeting.

Measles outbreak spreads to Oklahoma as U.S. reports 41 new cases

Mon, 05/20/2019 - 10:31am
The worst measles outbreak in the United States in 25 years has spread to Oklahoma, federal health officials said on Monday as they reported 41 new cases nationwide, raising the total number sickened this year to 880 people.

One Alabama officer dead, another critical, manhunt underway for shooter

Mon, 05/20/2019 - 10:12am
A manhunt was underway early Monday after an Alabama police officer was shot and killed, another critically wounded and a third injured at a trailer home park, officials said.

Huawei CFO house arrest contrasts with Canadians detained in China

Mon, 05/20/2019 - 10:01am
Huawei Chief Financial Officer Meng Wanzhou described her house arrest in Vancouver as "restricted to a limited space" even as she spent her past six months in a six-bedroom, multi-million dollar Canadian home.

India's BJP prepares return to power as exit polls predict clear win: sources

Mon, 05/20/2019 - 9:46am
India's ruling Bharatiya Janata Party (BJP) is to meet coalition partners to discuss a new government, two BJP sources said on Monday, after exit polls predicted a clear general election victory for the party led by Prime Minister Narendra Modi, to the delight of Hindu groups.

If Modi wins India election, who will be finance minister?

Mon, 05/20/2019 - 9:46am
India's Finance Minister Arun Jaitley looks set to retain his post if Prime Minister Narendra Modi wins a second term as expected when results come on Thursday.

Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring

Mon, 05/20/2019 - 9:27am
Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually.

U.S., China bicker over 'extravagant expectations' on trade deal

Mon, 05/20/2019 - 9:23am
China accused the United States on Monday of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as U.S. action against China's technology giant Huawei began hitting the global tech sector.

U.S. Supreme Court takes no action in Indiana abortion cases

Mon, 05/20/2019 - 8:52am
The U.S. Supreme Court on Monday took no action on appeals seeking to revive two restrictive Republican-backed abortion laws from Indiana, even as debate rages over a new measure in Alabama that would prohibit the procedure almost entirely.

U.S. to encourage investment in Palestinian areas as first part of peace plan

Mon, 05/20/2019 - 8:25am
The White House will unveil the first part of President Donald Trump's long-awaited Israeli-Palestinian peace plan when it holds an international conference in Bahrain in late June to encourage investment in the West Bank and Gaza Strip, senior U.S. officials said on Sunday.

Palestinians to shun U.S.-led economic conference, say they weren't consulted

Mon, 05/20/2019 - 8:25am
The Palestinians will not attend a U.S.-led conference in Bahrain next month that the Trump administration has cast as a preliminary roll-out of its plan for them to make peace with Israel, a Palestinian cabinet minister said on Monday.

Algeria's army chief says elections are best way out of crisis

Mon, 05/20/2019 - 8:19am
Algeria's armed forces chief said on Monday that elections were the best way to overcome the country's political crisis and avoid a constitutional vacuum.

Is Britain's Hunt going for PM May's job?: "We have to see what happens"

Mon, 05/20/2019 - 8:11am
British Foreign Secretary Jeremy Hunt declined to say on Monday whether he would run for Prime Minister Theresa May's job, adding that the focus had to be on delivering Brexit.

Britain prepares for new spying law after Salisbury poisoning

Mon, 05/20/2019 - 7:10am
Britain is preparing to bring in a new spying law and is considering updating treason legislation to counter the threat from hostile states in the wake of the nerve agent poisoning in Salisbury last year, Home Secretary Sajid Javid said on Monday.

Asian shares steady after slump, oil jumps on Saudi comments

Sun, 05/19/2019 - 10:57pm
Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America.