WASHINGTON, May 8 The U.S. Postal Service on
Friday said its losses more than doubled to $4.5 billion in the
quarter ending in March and warned the economic slowdown spurred
by the spread of COVID-19 could severely hurt its finances over
the next 18 months.
WASHINGTON Cengage and McGraw-Hill, the No. 2 and 3 largest U.S. college textbook companies, terminated their merger agreement on Monday under pressure from U.S. and British antitrust enforcers.
WASHINGTON Senator Josh Hawley urged the Justice Department on Tuesday to open a criminal probe of Amazon.com Inc, saying the online retailer was building a monopoly using "predatory data practices" on vendors using its platform.
WASHINGTON President Donald Trump on Friday threatened to block federal aid for the U.S. Postal Service unless it raises shipping rates for online companies like Amazon.com, prompting criticism that the move would hurt consumers relying more than usual on packages during the coronavirus outbreak.
WASHINGTON The U.S. Federal Trade Commission said on Wednesday it had filed a complaint aimed at forcing Marlboro maker Altria Group to sell its investment in e-cigarette maker Juul Labs Inc.
T-Mobile US Inc said on Wednesday it officially completed the $23 billion merger with Sprint Corp, solidifying its position as the No.3 wireless providers in the United States. | Video
(This March 25 story corrects paragraph 11 to show Sean Kennedy represents the National Restaurant Association) | Video