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T-Mobile Parent Deutsche Telekom Seeking To Renegotiate Price Of Sprint Merger

Topline: T-Mobile parent company Deutsche Telekom is looking to renegotiate the buying price for the American wireless carrier’s takeover of Sprint, in a move that could delay and potentially complicate the recently approved merger, the Financial Times first reported.

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Jeff Bezos reportedly spends record $165M on historic Beverly Hills estate

Amazon CEO Jeff Bezos has reportedly plunked down an eye-popping amount of money for a new home in Beverly Hills. Bezos purchased the Warner Estate, an expansive property designed in the 1930s for Warner Bros. President Jack Warner, from media mogul David Geffen for $165 million, according to report Wednesday from The Wall Street Journal. The purchase reportedly sets a new high bar for Los Angeles-area residential real estate transactions.

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Southwest again delays Boeing Max jet’s return to the skies

Southwest Airlines has announced yet another delay in returning the grounded Boeing 737 Max to service.

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Business

McClatchy, nation’s second-largest newspaper company, files for bankruptcy

McClatchy Co., the second-largest newspaper company in the U.S., announced on Thursday that it has filed for Chapter 11 bankruptcy protection.

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American CEO of Barclays bank investigated over Jeffrey Epstein ties

The American boss of one of Britain’s biggest banks is being investigated over his ties to late pedophile Jeffrey Epstein, it emerged Thursday.

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Business

KFC Crocs cradle your feet in the look — and smell — of fried chicken

KFC’s new footwear is as fresh as a hot bucket of fried chicken. And you can tell by the smell.

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Business

Rising rents drive consumer prices higher in January

The numbers: The cost of staples such as rent, medical care and prepared food rose in January to push consumer prices higher, but inflation more broadly was still relatively tame.

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Business

Trump Fed nominee Shelton faces skepticism at Senate hearing

One of President Donald Trump’s nominees for the Federal Reserve came under sharp questioning Thursday from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it.