Jul 29, 2017

Report: Sprint seeking merger with Charter

Jeff Chiu / AP

The Wall Street Journal reported Friday night that Sprint is seeking to merge with Charter Communications. That deal would marry one of the the nation's four main wireless carriers with a dominant cable provider under the auspices of SoftBank, Sprint's Japanese parent company.

  • Caution: Bloomberg has a source who says Charter isn't on board with the idea. Both companies declined to comment on either story.
  • Take note: Sprint CEO Marcelo Claure was in Japan this week, per his Twitter feed.
  • Bigger picture: It's been a furious season of speculation about possible telecom deals. Sprint could benefit from a deal with Charter or another company to help it compete with Verizon and AT&T, and companies that offer wired service can diversify by getting into the wireless space or investing in content. An agreement between Charter and Comcast means the former couldn't merge with Sprint without the blessing of the latter.

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Coronavirus death toll tops 2,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

Some economists warn the stock market has been too "complacent" without factoring in the novel coronavirus as a valid risk, although the major averages were broadly lower midday Monday. Apple and Nvidia have issued earnings warnings and multiple conferences and sports events are being canceled or limited in size.

The big picture: COVID-19 has now killed at least 2,009 people and infected more than 75,000 others, mostly in mainland China. 328 American evacuees from the Diamond Princess are in quarantine at U.S. military bases after arriving from Japan, including 14 people who tested positive — making the total number of confirmed cases in the U.S. 29.

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Sanders requests recount of Iowa recanvass after results show shrunken margin

Photo: Joe Raedle/Getty Images.

Sen. Bernie Sanders said in a statement Tuesday night he will request a recount of the Iowa Democratic Party's recanvass results.

Where it stands: Both Buttigieg and Sanders requested partial recanvasses in Iowa last week after results were delayed and showed several errors following a software malfunction on caucus night.

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