Judge Puts T-Mobile Merger Trial on Fast Track 
 

A federal judge told lawyers fighting over T-Mobile US.'s more than $26 billion bid for Sprint to skip their customary opening arguments so they could start questioning witnesses, a sign he is seeking a speedy trial.

 
Tiger Global Cuts Juul's Valuation to $19 Billion 
 

Tiger Global Management, one of Juul's earliest boosters, slashed its valuation of the e-cigarette startup to $19 billion, the latest sign of a broader reassessment investors are making of several one-time Silicon Valley darlings.

 
PG&E Charges to Swell to $25 Billion After Wildfire Settlement 
 

PG&E expects to take a fourth-quarter charge of $4.9 billion in connection with a new $13.5 billion deal to settle claims from wildfire victims, the company disclosed in a securities filing.

 
Amazon Claims 'Improper Pressure' From Trump on Pentagon Contract 
 

Amazon.com said President Trump exerted "improper pressure" on the Pentagon to keep a lucrative cloud-computing deal from going to his perceived political enemy, company founder Jeffrey Bezos.

 
Merck to Buy ArQule for $2.7 Billion 
 

Merck said it is buying ArQule for about $2.7 billion, adding to its portfolio of cancer treatments beyond the company's top-selling immunotherapy drug Keytruda.

 
Nuclear Power, a Low-Carbon Energy Source, Is Shunned by the West 
 

As countries and companies push to counter climate change, nuclear-power firms are struggling to survive. Some experts say nuclear power should play a larger role in any move away from fossil fuels.

 
HSBC Cuts More Top Executives in Strategy Shift 
 

HSBC pruned its top ranks and announced new hires as part of a strategic revamp, with three of its most senior executives set to retire or move into other roles.

 
Trucker Celadon Group Files for Bankruptcy 
 

Celadon Group Inc. and its affiliate entities have filed for bankruptcy under Chapter 11 of the U.S. bankruptcy code, and will shut down its business operations effective Monday.

 
Bill.com IPO Is Worth the Tab 
 

Business software companies that also have payments tools have been a sweet spot for investors.

 
Big Banks Making Most Progress in Libor Transition, Study Finds 
 

Global lenders are more prepared for the transition away from the troubled London interbank offered rate because of their larger resources, greater contact with regulators and experience in adjusting operations for other systemic changes.

(END) Dow Jones Newswires

December 09, 2019 13:15 ET (18:15 GMT)

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