Articles by: Rexford Register Staff Writer

T-Mobile shares at all-time high on hope that Sprint deal‘s close is imminent

T-Mobile shares at all-time high on hope that Sprint deal‘s close is imminent

T-Mobile US Inc. shares notched a new all-time intraday high in Friday trading, following the company‘s better-than-expected earnings report issued the prior afternoon. Reports also indicated that the Department of Justice plans to approve the T-Mobile-Sprint Corp. merger . T-Mobile shares are trading up 2.3%, to $82.19, above their prior intraday high of $81.74, which was set on July 20, […]

by × August 1, 2019 ×
What Facebook‘s multibillion-dollar fine means for you and your privacy

What Facebook‘s multibillion-dollar fine means for you and your privacy

Facebook is paying a record-breaking $5 billion penalty — and agreeing to major overhauls. Federal Trade Commission Chairman, whose agency imposed the record-breaking fine on Wednesday for data breaches in the run-up to the 2016 presidential election, called it “an historic victory for American consumers.” Last year, Facebook  announced that U.K.-based Cambridge Analytica improperly accessed 87 million Facebook users’ data. […]

by × August 1, 2019 ×
Weekly Top 10: Money for me in Equifax settlement? Plus: Can I trust the GDP?

Weekly Top 10: Money for me in Equifax settlement? Plus: Can I trust the GDP?

Here are must-read MarketWatch articles on investing and personal finance from the past week. 1. Equifax pays $300 million; you can go after $20,000 As part of a $700 million settlement with regulators, Equifax  has already paid $300 million into a fund that will help people who suffered harm after the credit rating agency’s epic data breach. . 2. The […]

by × August 1, 2019 ×
T-Mobile–Sprint deal wins Justice Department approval; both stocks surge

T-Mobile–Sprint deal wins Justice Department approval; both stocks surge

The Department of Justice on Friday officially approved T-Mobile US Inc.‘s merger with Sprint Corp. , provided that the wireless carriers divest assets to Dish Network Corp. . Dish will be purchasing spectrum and prepaid wireless brands from the merging companies and it will have the ability to access the new T-Mobile network for seven years while it builds its […]

by × July 31, 2019 ×
British pound and euro at lowest levels against the dollar in two-plus years

British pound and euro at lowest levels against the dollar in two-plus years

The Britsh pound and euro midday Friday in New York touched their lowest points against the U.S. dollar in more than two years, according to Dow Jones Market Data. Britain‘s currency changed hands at $1.2388, which would be its lowest level against dollars since April 7, 2017, based on 5 p.m. Eastern Time levels. For the euro, the shared currency […]

by × July 31, 2019 ×