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Sprint postpaid subscriber loss lower than expected

Sprint Corp on Monday reported a lower-than-expected drop in quarterly mobile phone subscribers who pay a monthly bill as it ramps up its 5G coverage in the United States.



5 years ago

BA parent IAG ups bet on Latin America with Air Europa takeover

IAG , the parent of British Airways and Spain's Iberia, announced a 1 billion euro ($1.12 billion) takeover of Spain's Air Europa to boost its presence on routes to Latin America and the Caribbean.



5 years ago

Goldman Sachs leads $50 million investment in millennial credit-card start-up Deserve

Most of the card industry still relies on 1970's era technology, including mainframes and the COBOL programming language.

5 years ago

Citigroup plans on unveiling a digital savings account for American Airlines cardholders

Citigroup, the third biggest U.S. lender by assets, is leaning on its popular credit-cards to help it raise deposits on the banking side.

5 years ago

McDonald's CEO surprise exit throws long-term vision into doubt: analysts

The surprise exit of McDonald's Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain's multi-billion dollar strategy to boost sales could change under the new head.



5 years ago

The slow death of Canada’s banking ombudsman

Investment Executive  | Ermanno Pascutto | Oct 17, 2019   The independent dispute resolution service has been abandoned by most of the big Canadian banks For several years, the federal government has failed Canadian retail consumers and small business in providing access to justice in banking, including for seniors, who have comprised 38% of ombudsman

5 years ago

Oil prices creep higher on U.S.-China hopes and OPEC talks

Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day's boost from growing expectations of a U.S.-China trade deal and Iran flagging OPEC discussions over a deeper output cut next month.



5 years ago

U.S. Supreme Court rejects Charter appeal of Sprint patent verdict

Charter Communications Inc unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp telecommunications patents after the U.S. Supreme Court on Monday refused to hear Time Warner's appeal in the case.



5 years ago

Factbox: Meet McDonald's new CEO: Chris Kempczinski

McDonald's Corp head of U.S. operations, Chris Kempczinski, replaced Steve Easterbrook as chief executive officer of the world's largest fast-food chain on Sunday.



5 years ago

Wall Street opens at record high on U.S.-China trade deal hopes

Wall Street's three main indexes opened at all-time highs on Monday, as tech stocks gained on optimism over a U.S.-China trade deal and an improving domestic economy.



5 years ago

Takeaway.com tweaks Just Eat offer in move to thwart rival Prosus

Takeaway.com has changed its line of attack in the battle to buy food delivery ordering service Just Eat , effectively lowering the threshold for approval of its offer as it seeks to fend off rival suitor Prosus .



5 years ago

Citigroup to launch digital savings account for American Airlines cardholders

Citigroup Inc said on Monday it was planning to offer a high-interest online savings account early next year to users of its American Airlines co-branded credit card.



5 years ago

Virgin Hyperloop seeks backing to build U.S. certification center

Virgin Hyperloop One said Monday it is asking states to support and host the development of a center to advance its futuristic super high-speed travel plans by testing and validating the technology.



5 years ago

Microsoft rolls out new cloud tool for analyzing business data

Microsoft Corp announced on Monday a new service aimed at helping large businesses put to use the huge amounts of data stored in corporate systems.



5 years ago

Uber announces deeper push into financial services with Uber Money and Understanding its threat to the financial industry

CNBC | Hugh Son | Oct 28, 2019 Key Points The ride company announces a new division called Uber Money, which includes a digital wallet and upgraded debit and credit cards. The emphasis, at first, will be expanding Uber’s efforts to give its 4 million-plus drivers and couriers around the world access to a mobile

5 years ago