Yamiche Alcindor
Hillary Clinton Addresses a Rare Audience: Journalists
After more than 200 days without holding a formal news conference, Hillary Clinton took her most extensive questions from journalists in months — and it wasn’t so bad after all. Before taking questions, Clinton delivered a 15-minute address focused mostly on how her plans to improve the economy would especially benefit blacks and Latinos. She even had some words of encouragement for the Fourth Estate: “We need you to keep holding leaders and candidates accountable,” Mrs. Clinton told the hundreds of journalists attending the five-day conference of the National Association of Black Journalists and the National Association of Hispanic Journalists. Clinton said she took “seriously” the problems she has had winning voters’ trust. She clarified recent remarks about the F.B.I. investigation into her private email server. And she explained that the economic frustration driving many of Donald J. Trump’s supporters should be taken as seriously as his “bigotry” that appeals to some.
Sprint CEO talks consolidation, corporate responsibility
Sprint CEO Dan Hesse won't comment on speculation his company is preparing to merge with T-Mobile, but he will say that having a third large US mobile company that could rival the size of AT&T and Verizon would be a good thing.
Speculation has been swirling that Sprint, the third largest US wireless carrier, would acquire T-Mobile in a blockbuster deal valued anywhere from $31 billion to $50 billion.
If Sprint were to make such a move, one of the biggest roadblocks would the reluctance of US, regulators to let the US mobile market shrink from four major players to three. "I can't talk specifically about any particular potential merger, but I do think that the US wireless industry would be healthier and consumers would be better off with three strong competitors vs. basically a duopoly, which is what you have today," Hesse told USA TODAY. Hesse said a third competitor would drive prices down and might also motivate AT&T and Verizon to innovate more.
He added that a third major competitor might be able to build networks in rural and suburban US communities that are currently only serviced by AT&T and Verizon. "If you combined, let's say, Sprint and T-Mobile together, there would be enough customers to build a third network," he said.