U.S. House panels to hold joint hearing on Sprint, T-Mobile merger

Two U.S. House panels will hold a joint hearing on Feb. 13 on T-Mobile US Inc and Sprint Corp’s proposed $26 billion merger and its potential impact on consumers.

The House Energy and Commerce Committee and the Judiciary Committee will hold a joint hearing to “examine the merger’s potential impacts on consumers, workers and the wireless industry,” the committees said in a statement on Monday. Both T-Mobile Chief Executive John Legere and Sprint Chairman Marcelo Claure have agreed to testify.

“A merger between T-Mobile and Sprint would combine two of the four largest wireless carriers and the carriers with the largest numbers of low-income customers,” said senior Democrats on the two panels and two subcommittees. “We look forward to examining this merger from the perspective of what is in the best interest of consumers and hardworking people.”

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Age bias law does not cover job applicants -U.S. appeals court

A divided U.S. appeals court on Wednesday dealt a setback to older job applicants, saying they cannot invoke a federal law against age bias in employment to challenge hiring policies they believe have a discriminatory impact.

In a 8-4 decision, the 7th U.S. Circuit Court of Appeals in Chicago said the “plain language” of the Age Discrimination in Employment Act (“ADEA”), which forbids discrimination against people 40 and older, showed that Congress intended that law to cover current employees, not outside job applicants.

The decision reversed a 2-1 ruling last April by a panel of the same court.

It also reinstated a federal district judge’s dismissal of Illinois resident Dale Kleber’s disparate impact claim against CareFusion Corp, a unit of medical device maker Becton Dickinson and Co.

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Shutdown is starting to hurt Trump’s financial deregulation agenda

The U.S. government shutdown over President Donald Trump’s call for Congress to fund a wall he promised to build on the U.S.- Mexican border is threatening another campaign pledge to make rules easier to navigate for banks and corporations.

The partial shutdown, sparked by a standoff between Democrats and Republicans over how to address Trump’s demand, is already the longest ever, entering its 27th day on Thursday with no signs of a resolution.

The Trump administration has outlined plans to ease bank rules, overhaul corporate governance, and boost financial innovation, sparking hopes among executives that they would already start to feel the benefits this year.

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Rihanna sues dad to keep hands off her Fenty trademark

Rihanna has sued her father for trading on her Fenty brand name and suggesting that a business venture he set up in 2017 is associated with her.

The “Diamonds” singer, whose full name is Robyn Rihanna Fenty, filed a lawsuit in U.S. federal court in Los Angeles on Tuesday accusing Ronald Fenty and two business partners of fraud and false advertising over his Fenty Entertainment talent and production company.

The Barbados-born Rihanna, who uses the Fenty trademark to sell cosmetics, lingerie and sneakers, asked the court for an injunction to stop her father using the Fenty name, and an unspecified amount of damages.

The lawsuit said Rihanna had “absolutely no affiliation” with Fenty Entertainment and yet the company was misappropriating her name and misrepresenting itself as being affiliated with her.

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U.S. Justice Department broadens restrictions on internet gambling

The U.S. prohibition on interstate sports gambling will be widened to include online poker and other casino games under a Justice Department decision, experts said on Tuesday.

The department’s Office of Legal Counsel said in a November 2018 opinion, not released until late Monday, that a 1961 law called the Wire Act does in fact apply to interstate online poker and casino games, not just sports bets.

The Justice Department said on Tuesday it would delay implementation of the new restrictions for 90 days to allow businesses to adjust their operations.

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