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Uncertainty grips solar developers as industry awaits Trump’s ruling

Bloomberg US solar developers are bracing for months of uncertainty after a federal trade agency ruled that imported panels are crippling American manufacturers, giving President Donald Trump until January to decide whether to impose tariffs. The $29 billion industry had largely expected the 4-0 decision from the US International Trade Commission. Even before the vote, developers were halting construction and ...

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SoftBank willing to merge with T-mobile, accept Sprint price

Bloomberg SoftBank Group Corp., the majority owner of Sprint Corp., is willing to accept a stock-for-stock merger with T-Mobile US that values Sprint at or near its current market price, according to people familiar with the matter. While the two sides haven’t agreed on an exact value, SoftBank doesn’t expect to receive much of a premium to Sprint’s current share ...

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Amazon deepens its push into India with stake in local retailer

Bloomberg Amazon.com Inc. is set to buy a 5 percent stake in Indian retailer Shoppers Stop Ltd., as the US company steps up efforts to gain ground in the fast-growing consumer market. Shoppers Stop’s board approved the issuance of 4.4 million shares to a unit of Amazon for 407.78 rupees ($6.28) each, the Mumbai-based company said in an emailed statement. ...

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