03:14 PM EDT, 07/09/2025 (MT Newswires) -- T-Mobile US ( TMUS ) eliminated its diversity, equity and inclusion policies in response to Federal Communications Commission Chairman Brendan Carr, who said earlier this year the agency would block mergers of companies that promote invidious DEI policies, multiple media outlets said Wednesday, citing the wireless carrier's letter to the commission. The company...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

RIO DE JANEIRO (Reuters) -Chinese tech giant Huawei is interested in investing in Brazil's data center market but is waiting for a local government bill to finalize its strategy for the country, an executive told Reuters on Wednesday. Citing Huawei's international experience in the data center sector, the executive emphasized that the advancement of artificial intelligence requires government incentives and...

03:28 PM EDT, 07/09/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%. In sector news, Linda Yaccarino said Wednesday on X that she is stepping down as chief executive of the social media company. In corporate...