August, 2017

• 7 August

  Sprint resumes early talks on T-Mobile merger

  

  Bloomberg Sprint Corp. has resumed preliminary talks about a potential merger with T-Mobile US Inc., people with knowledge of the matter said, as billionaire Masayoshi Son explores ways to build scale for a carrier facing increasing competition in the US wireless market. The two wireless operators restarted discussions after Sprint’s exclusive negotiating period with Comcast Corp. and Charter Communications Inc. ...

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• 7 August

  North Korea rules out nuclear talks, says US will ‘pay dearly’

  

  Bloomberg North Korea condemned the latest round of United Nations sanctions and reiterated that it wouldn’t negotiate over its nuclear program until the US ceases “hostile” policies. Kim Jong Un’s regime said it will “make the US pay dearly for all the heinous crime it commits against the state and people of this country,” the Korean Central News Agency reported. ...

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• 7 August

  Trump antitrust chief pick blocked by Warren

  

  Bloomberg Democratic Senator Elizabeth Warren put a “hold” on the confirmation of Makan Delrahim, President Donald Trump’s nominee to run the Justice Department’s antitrust division, delaying a vote until at least September, according to two people familiar with the matter. The delay means Delrahim remains on the outside as Justice Department lawyers wrap up their investigation of AT&T Inc. and ...

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• 7 August

  UK dismisses 40bn-euro Brexit bill as speculation

  Bloomberg Theresa May’s office dismissed as speculation a report that the UK is prepared to pay a 40 billion-euro ($47 billion) bill to leave the European Union, while leading Brexit supporters pushed back against paying anything at all. The figure surfaced in the Sunday Telegraph newspaper, which cited three government officials it didn’t identify as saying Britain would offer the ...

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• 7 August

  US envoys to visit Gulf in push to defuse crisis

  

  Bloomberg Two US envoys are expected in Kuwait before embarking on a tour of the four states that have isolated Qatar, according to a Gulf official with direct knowledge of the visit, in the latest push by Washington to help defuse the two-month standoff. General Anthony Zinni, a retired former head of US Central Command, will be accompanied by Timothy ...

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• 7 August

  Ruling party scrambles to hold onto power in Mexico

  Bloomberg A year is a long time in politics. But for the task confronting Mexico’s ruling party — to recover from rock bottom approval ratings and retain the presidency — it may not be long enough. That’s why there’s a sense of urgency about the party’s national assembly taking place in five states this week. After ruling Mexico for most ...

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• 7 August

  Senate chairman move ramps up Trump Russia probe

  

  Bloomberg Donald Trump may have annoyed the wrong man in Congress. Senator Chuck Grassley, the chairman of the Judiciary Committee, has been ramping up an investigation into possible collusion between Russia and Trump’s presidential campaign, in addition to the president’s dismissal of former FBI Director James Comey. The plain-spoken Iowa Republican had sharply criticized the administration’s initial failure to respond ...

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• 7 August

  Trump’s great growth debate raises questions

  

  The argument between the Trump administration and its critics over a sustainable rate of economic growth raises profound questions about America’s future. Have we entered a prolonged period of slow growth? If so, how does that alter society and politics? Or will the “right” policies raise growth to past levels? If you haven’t paid attention, here’s a brief overview of ...

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• 7 August

  Has China’s rise into a global economic superpower stalled?

  

  The fall from grace of China’s Anbang Insurance Group Co. Ltd. continues to get steeper. Not long ago, the mysterious firm was chasing one foreign deal after another, becoming a symbol of China’s global economic ambitions. Now it appears the government may be pressuring Anbang to divest those prized foreign assets. If that proves to be the case, China will ...

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• 7 August

  How Japan could remove melted atomic fuel it lost

  More than six years after three nuclear reactors melted down in Japan, the country is homing in on the lost fuel inside one of them. Japan’s biggest utility and owner of the wrecked Fukushima Dai-Ichi plant, Tokyo Electric Power Co. Holdings Inc., last week released images that for the first time showed what’s likely melted fuel inside the No. 3 ...

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