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T-Mobile under pressure to sweeten Sprint package to get regulatory nod

Bloomberg T-Mobile US Inc. suffered a significant setback in its bid for regulatory approval of its takeover of Sprint Corp. after failing to win over the US Justice Department with a remedy package, putting pressure on the companies to offer more concessions. The wireless carriers could try to sell additional assets to resolve the department’s concerns that the deal would ...

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Slowdown in US housing helps landlords raise rents

Bloomberg The US housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren’t buying still need somewhere to live. Data from Zillow shows that home-price appreciation continued to slow in April from a year earlier, driven in part by softening West Coast metros like San Jose and Seattle. The company also reported ...

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Tesla in ‘code red’ as sell-off after capital raise exceeds 20%

Bloomberg Tesla Inc.’s stock rout following this month’s $2.4 billion capital raise intensified after a once-bullish analyst called the range of issues facing the electric-car maker a “code red situation.” The shares have dropped in nine of the last 10 trading days, a stretch that started the day Tesla closed offerings of new stock and convertible bonds to shore up ...

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