Texas' attorney general has settled with T-Mobile Inc and Sprint Corp and will drop his opposition to the US$26.5 billion merger, leaving just Democratic attorneys general fighting the combination.
Apple Inc and semiconductor stocks powered the S&P 500 and Nasdaq indexes to record highs on Monday, after a report signaled that the United States and China were nearing a trade truce, with sentiment also buoyed by a raft of mega deals.
Tesla CEO Elon Musk and his spacy Cybertruck have ignited a frenzy over electric pickups, and at least seven other U.S. automakers expect to build new battery-powered trucks by 2021.
France will not follow the United States and exclude China's Huawei from its next-generation 5G network, but will have the power to vet all equipment makers for any potential security threat, a minister said on Monday.
EBay Inc will sell its ticketing unit, StubHub, for US$4.05 billion to ticket reseller Viagogo Ltd in an all-cash deal, the companies said on Monday.
Britain's Just Eat urged shareholders on Monday to shun a US$6.3 billion cash offer from Prosus, saying a currently lower valued deal with Takeaway.com was a better bet as it would create the largest food delivery firm outside China.
General Electric Co has named Carolina Dybeck Happe, currently finance chief at shipper AP Moller-Maersk as its chief financial officer, bringing in more new blood at the top of the struggling U.S. industrial conglomerate.
The all-stock merger of CBS Corp and Viacom Inc is expected to close on Dec. 4, the companies said on Monday.
The head of Italian broadcaster Mediaset is upbeat about reaching a deal to end a three-year legal battle with major shareholder Vivendi, providing the French media giant does not move the goalposts.
Tesla Inc shares rose 4per cent on Monday after Chief Executive Officer Elon Musk tweeted over the weekend that the company had already received 200,000 orders for its futuristic Cybertruck pickup.
