How Apple's Tim Cook Became Tech's Top Diplomat

How Apple's Tim Cook Became Tech's Top Diplomat

Apple, meanwhile, has a deal with China’s biggest telecom company, China Mobile, giving it a direct channel to nearly 900 million subscribers in China. The competition to sell smartphones in the country has become increasingly intense, with a number of other Chinese companies also offering high-end — but usually lower-priced — phones. Mr. Cook’s frequent […]

Mergers Would Make AT&T, Comcast World's Most Indebted Companies

Mergers Would Make AT&T, Comcast World's Most Indebted Companies

Updated June 18, 2018 7:54 a.m. ET A wave of expected major-media mergers would transform AT&T Inc. and Comcast Corp. into the two most indebted companies in the world, a standing that carries uncharted risks for investors in the firms’ bonds. If both deals are finalized—AT&T has bought Time Warner Inc. and Comcast hopes to […]

1 hospitalized after carbon monoxide spreads through local shopping center

1 hospitalized after carbon monoxide spreads through local shopping center

EL CAJON, Calif. — An exhaust fan that appeared to have been accidentally turned off led to high levels of carbon monoxide at an El Cajon shopping center Sunday, triggering evacuations of multiple businesses. Firefighters were called to a Starbucks on Fletcher Parkway near Navajo Road about 8:15 a.m. to assist with an employee who […]

Apple supplier Foxconn now has a North American headquarters in Milwaukee

Apple supplier Foxconn now has a North American headquarters in Milwaukee

Taiwanese contract electronics manufacturer Foxconn has purchased a building in Milwaukee, Wisconsin to serve as its North American headquarters, according to the Associated Press. Foxconn is buying the 611 Building originally owned by Northwestern Mutual, which handed the building over to the company in a ceremony on Friday. It says that it will house 500 […]

Merrill Weighs Fewer Retirement Account Restrictions

Merrill Weighs Fewer Retirement Account Restrictions

June 15, 2018 Emmanuel Dunand/AFP/Getty Images (Updates with additional information throughout.) Merrill Lynch Wealth Management head Andy Sieg told the firm’s almost 15,000 brokers on Friday that it may loosen the strict ban on commission-based retirement accounts that the firm imposed 18 months ago. Given the essential death of the Department of Labor’s fiduciary rule, […]

AT&T Closes Acquisition of Time Warner

AT&T Closes Acquisition of Time Warner

AT&T announced it had completed its $85.4 billion acquisition of Time Warner on Thursday, shortly after the Justice Department said it would not seek an injunction to stop the deal. The merger gives AT&T a vast media and entertainment portfolio belonging to Time Warner, including HBO and CNN, rights to major sports leagues and valuable […]

GM names Dhivya Suryadevara its first female CFO

GM names Dhivya Suryadevara its first female CFO

Suryadevara, a native of India, joined GM in 2005 and has since been a part of many of the Detroit-based company’s crucial business decisions, including its sale of Opel to PSA Group last year, GM’s acquisition of Cruise Automation, GM’s $500 million investment in ride-hailing company Lyft and a $2.25 billion investment in Cruise last […]

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