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T-Mobile set to win court nod for Sprint takeover

Bloomberg T-Mobile US Inc is poised to win court approval for its $26.5 billion takeover of Sprint Corp, according to a person with knowledge of the matter, defeating a state-led lawsuit that sought to block the industry-altering wireless deal. US District Court Judge Victor Marrero in Manhattan is expected to rule, said the person, who asked not to be identified ...

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Daimler cuts dividend to lowest in decade

Bloomberg Daimler AG slashed its dividend to the lowest since the financial crisis and promised deeper cost cuts as Chief Executive Officer (CEO) Ola Kallenius frees up cash this year to electrify its vehicle lineup. Kallenius, who has struggled to make headway on a restructuring push in his first nine months on the job, vowed to deliver “significantly” higher profit ...

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Amazon seeks to question Trump in suit challenging bid loss

Bloomberg Amazon.com Inc has asked the US Court of Federal Claims to allow it to question President Donald Trump in its lawsuit challenging the loss of a highly lucrative cloud contract. In a court filing made public, Amazon asks to question Trump and top Pentagon leaders about their role in the Pentagon’s Joint Enterprise Defense Infrastructure (JEDI) cloud contract that ...

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