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California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight

California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions.


Monday, November 18, 2019
U.S. grants Huawei new 90-day license extension

The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd as U.S. regulators continue crafting rules on telecommunications firms that pose national security risks.


Monday, November 18, 2019
T-Mobile CEO Legere to step down next year

T-Mobile US Inc Chief Executive Officer John Legere will step down next year, the company said on Monday, less than three weeks before it goes to trial to determine the fate of its planned $26.5 billion merger with smaller rival Sprint Corp.


Monday, November 18, 2019
Fed's Mester: U.S. monetary policy 'in a good spot'

The current level of interest rates is appropriate for the U.S. economy and the Federal Reserve should now pause as it monitors how the economy evolves, Cleveland Fed President Loretta Mester said on Monday.


Monday, November 18, 2019
Wall Street at record levels after U.S. extends Huawei reprieve

Wall Street's main indexes hit record highs on Monday as Washington's decision to grant an extension for U.S. companies to do business with China's Huawei helped ease some concerns around U.S.-China trade relations.


Monday, November 18, 2019
Boost founder says willing to pay up to $2 billion to buy brand from Sprint

Boost Mobile founder Peter Adderton is willing to pay up to $2 billion to buy back the prepaid wireless brand from Sprint Corp , he told Reuters on Monday, a significant potential premium to what satellite TV provider Dish Network agreed to pay for Sprint's entire prepaid wireless business.


Monday, November 18, 2019
Trump, Powell met Monday at White House to discuss economy

U.S. President Donald Trump and Federal Reserve Chair Jerome Powell met at the White House on Monday morning, their second meeting since Powell started the job in February 2017 and soon after became the target of frequent criticism from the president who had appointed him.


Monday, November 18, 2019
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