The regulatory clearance gives Amazon’s satellite arm Globalstar’s mobile-satellite spectrum and existing constellation, while an agreement preserves Apple’s safety services and Amazon prepares fixed, mobile and direct-to-device offerings.
BNP Paribas, Deutsche Bank, Standard Chartered and Santander exceeded profit expectations, while UBS accelerated buybacks, yet mixed share reactions exposed concerns over deposits, sovereign debt, Brazil and the durability of rate-driven earnings.
Twenty-one states and Washington, D.C., asked a federal court to vacate an August rule exempting US companies and individuals from 2021 transparency requirements, arguing that an agency cannot effectively repeal Congress’s statute through rulemaking.
