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Trading Ideas

Verizon Is Close to Apple, Google Deals for 5G TV

Verizon Communications Inc. announced deals making Apple Inc. and Google its first video providers for a superfast 5G wireless service the company plans to launch in four cities later this year. The home broadband service will debut in Los Angeles, Houston and Sacramento, California, as well as the newly announced fourth city of Indianapolis, Verizon said Tuesday in a statement. With the introduction, Verizon will provide 5G customers either a free Apple TV box or free subscription to Google’s YouTube TV app for live television service, according to people familiar with the plan. …read more […]

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Trading Ideas

Verizon Is Close to Apple, Google Deals for 5G TV

Verizon Communications Inc. is close to deals making Apple Inc. and Google its first video providers when it launches a superfast 5G wireless service in four cities later this year, according to people familiar with the situation. Under the deals, which could be announced as soon as Tuesday, Verizon will offer 5G customers a free Apple TV box or a free subscription to Google’s YouTube TV app for a live television service, said the people, who asked not to be identified because the agreements haven’t been announced. After shelving its own online TV effort, New York-based Verizon decided …read more […]

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Manafort chooses not to testify as defense rests its case

Paul Manafort’s defense rested its case Tuesday without calling any witnesses in the former Trump campaign chairman’s tax evasion and bank fraud trial. Manafort himself chose not to testify. The decision not to call witnesses clears the way for the jury to hear closing arguments in the first trial to emerge from special counsel Robert Mueller’s investigation. …read more […]

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Business News

Royal Bank of Scotland pays $4.9 billion for financial crisis-era misconduct: U.S. Justice Department

Royal Bank of Scotland will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008, the U.S. Justice Department said on Tuesday, adding this was the largest penalty imposed on a bank for misconduct during the financial crisis.

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