WASHINGTON/NEW YORK (Reuters) - The U.S. government on Wednesday sued to block AT&T Inc’s $39 billion purchase of T-Mobile USA, citing concerns it will harm competition in the wireless market and lead to higher prices.
WASHINGTON/NEW YORK (Reuters) - The U.S. government sued to block AT&T’s $39 billion deal to buy T-Mobile USA because of anti-competition concerns, launching the biggest challenge to a takeover by the Obama administration.
NEW YORK (Reuters) - The pace of U.S. private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls processor showed on Wednesday.
NEW YORK (Reuters) - U.S. stocks snapped back from Tuesday’s early steep loss, trading mixed as gold and bonds also moved higher, with investors regaining some risk appetite despite fundamentally bearish news on the economy.
PATERSON, New Jersey (Reuters) - Emergency workers plucked dozens of residents from doorways and windows as Hurricane Irene’s floodwaters rose on Tuesday, swallowing homes, submerging cars and turning the streets of this working class town into lakes.
NEW YORK (Reuters) - Vermont struggled with its worst flooding in 80 years and reconnaissance teams scoured Massachusetts to assess the devastation on Monday after a weakened Hurricane Irene slammed an already soaked New England with torrential rain.
NEW YORK (Reuters) - Hurricane Irene lashed New York with heavy winds and driving rain on Sunday, flooding some of Lower Manhattan’s deserted streets and large parts of the northeast, but the feared major devastation was avoided as the storm lost some of its punch.
MOREHEAD CITY, North Carolina (Reuters) - Hurricane Irene howled ashore in North Carolina on Saturday on a path that triggered evacuations in New York and threatened the densely populated East Coast with flooding and power outages.
JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.
WASHINGTON (Reuters) - The U.S. economy grew slower than previously thought in the second quarter as business inventories and exports were less robust, a government report showed on Friday, although consumer spending was revised up.