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T-Mobile, Sprint amend merger terms, SoftBank takes a hit
(Reuters) – T-Mobile US <TMUS.O> and Sprint Corp <S.N> said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank, while leaving the offer to other shareholders unchanged. Under the revised deal, SoftBank <9984.T> will hold about 24% of the combined entity, down from 27% […]
Why Do Almost Half of Americans Leave Paid Time Off on the Table?
Summer vacation season is here. But if you’re like a surprising number of Americans, you’re probably leaving some paid time off on the table. Among workers whose employer offers paid vacation or leave, 46 percent said they typically took less time off than was offered, a recent Pew survey found. Here’s why: They don’t feel […]
European stocks record worst daily loss on record
By Ambar Warrick and Sagarika Jaisinghani (Reuters) – European shares plunged 11.5% on Thursday, their worst daily loss on record, as responses by governments and central banks to combat the potential economic hit from the fast-spreading coronavirus got a cold welcome. Airline stocks in particular took a major beating all day after the U.S restricted […]