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AT&T shares jump most in 8 years on surprise mobile gains

Bloomberg AT&T Inc. shares surged the most in more than eight years after the telecommunications giant posted a surprise wireless subscriber gain in the second quarter, showing it can fend for itself in a cutthroat price war. Second-quarter earnings topped estimates, and wireless customers rose by 127,000, compared with analysts’ average projection for a loss of 22,713. An offer for ...

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Hyundai to bring new SUV to US after discounts

Bloomberg Hyundai Motor Co. is banking on a new compact SUV to reinforce its lineup and help arrest a slide in sales in its biggest markets, after misjudging the consumer shift away from sedans that forced the South Korean automaker to increase incentives for consumers. The compact model, called the Kona after a seaside town in Hawaii, will be introduced ...

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Britain not to accept chlorine-washed chicken in US deal

Bloomberg Britain won’t allow in imports of American chlorine-washed chicken as part of the post-Brexit trade deal it’s seeking with the US, the cabinet minister responsible for food and farming said. “I’ve made it perfectly clear, and indeed this is something on which all members of the government are agreed, that we are not going to dilute our high animal-welfare ...

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