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Mike Sievert succeeds John Legere as CEO of T-Mobile on May 1, 2020

T-Mobile President and COO Mike Sievert will succeed John Legere as CEO on May 1, 2020, the company said Monday. T-Mobile shares fell in premarket trading. ] Sievert was the obvious heir as Legere should step down as CEO once the merger of T-Mobile with Sprint is completed. The Legere contract ends on April 30, 2020, according to the announcement. …

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Premarket Stocks: The light money boom is coming to an end

However, with the global economy slowing, dividend growth has fallen back to the bottom. "We have warned investors year-round that the rapid growth in income they have seen in recent years will return to more normal levels," said asset manager Janus Henderson in a report released Monday. The trend started in the second quarter and continued in the third. Although …

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Parts with Passports: How Free Trade Drives GM Motors

ROMULUS, Mich. (Reuters) – Long before the pistons of General Motors' Co V-6 engines reach the Romulus (Michigan) plant of US automaker # 1, they are experienced international travelers. A partially assembled V6 engine used in a variety of General Motors cars, trucks and crossovers will drive down the production line on August 21, 2019, at the GM Romulus Powertrain …

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China cuts its short-term refinancing rate for the first time since 2015

Main building of the People's Bank of China. Zhang Peng | LightRocket | Getty Images The Chinese central bank unexpectedly cut interest rates on Monday, the first such cut in more than four years, and signaled to markets that policymakers are ready to shore up slower growth. The People's Bank of China (PBOC) announced on its website that the 7-day …

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Emirates Announces Order of 50 Airbus A350 Jets

A passenger aircraft of the Airbus A380-800 of Emirates Airlines at the Moscow Domodedovo Airport. Mikhail Tereshchenko | TASS | Getty Images DUBAI, United Arab Emirates – Emirates has ordered 50 Airbus A350 jets that were announced by the Dubai state airline on Monday at the Dubai Air Show is usually negotiated by airlines. Originally Emirates was to order 70 …

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5G is not just a country, says Cisco vice president

At the Tencent Global Digital Ecosystem Summit on May 23, 2019 in Kunming, China, a man stands next to a 5G sign. Stringer | Reuters The advent of a super-fast 5G mobile network was fueled by fierce debates about national security concerns and fears that major players in the 5G industry, such as Huawei, the technology giant, might be used …

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How FedEx cut its tax burden to $ 0

Gerald Storch, former CEO of Toys & # 39; R & # 39; Us explains FedEx's decision to stop delivering to Amazon and the future of the ship's giant. The tax overhaul of President Trump has helped companies to a considerable extent. FedEx owe more than US $ 1.5 According to the New York Times, Frederick Smith, the founder and …

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Up close with Ford's electric Mustang SUV, the Mach-E

Ford has just gotten the grip on the Mustang Mach-E, a fully electric off-road vehicle that promises far more hands-on performance than the Mustang at its launch in late 2020, the only other Ford vehicle ever to be called a Mustang was – in the latter, the people are already excited. It's a bold move to take a cult product …

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Yahoo Japan and Line Corp Confirm Merger Agreement – TechCrunch

The SoftBank Corp. announced today that it has entered into an agreement to merge with Z Holdings (formerly known as Yahoo Japan's SoftBank subsidiary) and Line Corp. has met. The merger, which Nikkei first reported last week, is expected to close in October 2020. SoftBank and Naver, owners of Line, will each hold 50% of a new holding company that …

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