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808 Results / Page 83 of 90

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Business & Lifestyle

Charter Communications declines a merger with Sprint

Ed Adamczyk, United Press International Writer STAMFORD, Conn./OVERLAND PARK, Kan. (UPI) -- Charter Communications Inc. ended speculation it would acquire Sprint Corp., announcing it would not seek a merger between media companies. Japanese telecommunications and Internet company SoftBank Group, whose U.S. subsidiaries include Sprint, proposed the deal. It called for a merger of Sprint and Charter, controlled by SoftBank. The new company would then attempt to purchase T-Mobile U.S. Inc., Bloomberg News reported Monday, citing sources close to negotiations. The deal would merge Sprint's wireless […]

todayJuly 31, 2017 5

Business & Lifestyle

N.J. Gov. Chris Christie faces off with Chicago Cubs fan who heckled him

Ray Downs, United Press International Writer MILWAUKEE (UPI) -- Gov. Chris Christie of New Jersey got into a Chicago Cubs fan's face at Miller Park in Milwaukee Sunday. A video tweeted by WISN showed the governor holding a tub of nachos as he crouched down in front of a sunglasses-clad Cubs fan. The fan allegedly heckled Christie, telling him he "sucked," as the Republican governor was walking back to his seat. The insult then prompted a response from the New Jersey politician. "You're a big […]

todayJuly 31, 2017 4

Business & Lifestyle

New Mexico private prison to close because doesn’t have enough inmates to profit

Ray Downs, United Press International Writer ESTANCIA, N.M. (UPI) -- Private prison operators in New Mexico said they will close one of its prisons because it doesn't have enough inmates to make a profit. CoreCivic, the private prison company formerly known as Corrections Corporation of America, announced it will close its Estancia, N.M. facility over the next two months. More than 200 people will lose their jobs as a result of the closing. The prison was designed to hold between 900 […]

todayJuly 30, 2017 4

Business & Lifestyle

Trump threatens to halt Obamacare insurance subsidies

Eric DuVall, United Press International Writer WASHINGTON (UPI) -- President Donald Trump on Saturday tweeted a threat to stop subsidies to health insurance companies after the Republican effort to repeal and replace the Affordable Care Act (aka Obamacare) collapsed this week. Trump's threat, which he has made before, is to halt billions in subsidies paid to insurance companies in order to keep health plans sold on government-run exchanges affordable for individuals required to buy them. The insurance industry has said stopping the payments […]

todayJuly 29, 2017 3

Business & Lifestyle

Sprint pursuing merger with cable giant Charter, according to reports

Eric DuVall, United Press International Writer OVERLAND PARK, Kan./STAMFORD, Conn. (UPI) -- The owner of wireless company Sprint has proposed a merger with cable giant Charter Communications, though Charter's leaders are reportedly only lukewarm to the idea. The potential merger would create a new publicly traded company controlled by SoftBank, which is also run by Sprint Chairman Masayoshi Son, a Japanese billionaire. Charter is not on board with the cash and stock merger proposal yet, but talks continue, The Wall Street Journal […]

todayJuly 29, 2017 6

Business & Lifestyle

Teen killed on Ohio fair ride was Marine Corps recruit

Eric DuVall, United Press International Writer COLUMBUS, Ohio (UPI) -- The individual killed when a thrill ride at the Ohio State Fair snapped and sent passengers flying through the air was identified as an 18-year-old Marine recruit, officials said. Tyler Jarrell was killed when the row of seats he was sitting in appeared to break free of a ride Wednesday. Video of the incident showed the seats smashed into a metal support beam for the ride, then, with the force of the ride, […]

todayJuly 28, 2017 7

Business & Lifestyle

Starbucks to close all 379 Teavana locations

Ray Downs, United Press International Writer SEATTLE (UPI) -- Starbucks announced it will close all 379 of its Teavana locations after the tea shop showed poor sales and little hope of improving. "Following a strategic review of the Teavana store business, the company concluded that despite efforts to reverse the trend through creative merchandising and new store designs, the underperformance was likely to continue," Starbucks said in a press release disclosing its earnings. The closures are expected to affect more than 3,000 employees […]

todayJuly 28, 2017 3

Business & Lifestyle

House passes spending bill with $1.6 billion to begin border wall

Ray Downs, United Press International Writer WASHINGTON (UPI) -- The House approved a $788 billion national security bill Thursday that includes $1.6 billion towards a wall along the U.S.-Mexico border. The bill, which passed along mostly party lines, 235-192, mostly allocates money for programs other than beginning construction of the wall -- including energy, water, defense, the Army Corps of Engineers, and implementing a 5% raise in veteran's programs. GOP leaders praised the bill as a fulfillment of one of President Donald […]

todayJuly 27, 2017 4

Business & Lifestyle

Twitter loses users in U.S. as revenue declines

Allen Cone, United Press International Writer SAN FRANCISCO (UPI) -- Twitter, the social media powerhouse, had stagnant worldwide growth of users last quarter and lost users in the United States. Twitter, in an financial filing Thursday, said its monthly user base in the United State declined two million to 68 million from the previous quarter. Globally, the number of users stayed at 328 million. From the same period a year earlier, the company's revenue fell 5 percent to $574 million. Twitter's adjusted […]

todayJuly 27, 2017 15

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