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Sprint and T-Mobile's have abandoned discussions about a potential merger.The companies issued a joint statement Saturday, after a week of speculation, saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," said Marcelo Claure, Sprint's CEO.T-Mobile CEO John Legere also said there were benefits to consolidating, but added that, "we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile's shareholders."Shares of Sprint and T-Mobile tumbled Monday after rumors emerged that merger talks between the two companies were fizzling.On Monday it looked as if SoftBank, the Japanese conglomerate with a majority stake in Sprint, would end negotiations because of concerns about the ownership structure of the combined business, according to reports from Nikkei and The Wall Street Journal. Claure, the Sprint CEO, is also a member of SoftBank's board .Exactly what issue ultimately severed the talks was not immediately clear Saturday. Neither Sprint nor T-Mobile immediately replied to requests for comment by CNNMoney.This is the second time the mobile carriers have attempted to join forces and failed.Sprint and T-Mobile previously discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.Related: Sprint owner says 'door is open' to mergers under TrumpThe companies expected to have a better shot at the merger this year under the Trump administration.SoftBank CEO Masayoshi Son said in May that the Obama administration was "quite tough on business," and added "the door is open" for potential mergers with the new administration.Son met with Trump the month before he took office to talk up an investment in U.S. businesses. The investment ignited speculation about Son and SoftBank trying to revive merger talks.A few weeks later, Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration. 2202
Sorry "Game of Thrones" fans, but winter is not coming this year.Author George R.R. Martin has announced his long-awaited book "The Winds of Winter" will not be released in 2018.Martin posted the update Wednesday on his official blog. 242

SPRING VALLEY, Calif. (KGTV)-- While protesters in the streets are loud, some are taking a much quieter approach to support the Black Lives Matter movement. One viral post is driving people to many Black-owned businesses in San Diego. The magical seasonings behind David Bankhead's soul food are a secret. But the owner of Bankhead Mississippi Style Cookin' in Spring Valley says what is not a secret are the racial tensions still evident in America."You know I come out of Mississippi, so I was born into some of the things that are going on right now," Bankhead said. He says he supports the protests. He even took part in #blackouttuesday on his restaurant's social media pages. But the violence, he cannot condone. "When you're tearing up stuff in your own neighborhood, that's not helping the cause at all," Bankhead said. Since opening up his restaurant eight years ago, he had seen great success. But since the coronavirus pandemic hit, his shop has taken a 40% hit. On Tuesday, however, his store was suddenly packed."We had all nationalities come in," manager, Betty King said. "Hispanics, Caucasians, obviously African-Americans... it was it was amazing."It was the day an Instagram post calling San Diegans to support black-owned eateries went viral. Bankhead Mississippi Style Cookin' was one of the many listed on the post. 1344
Spencer Davis, bandleader of the self-titled group that reeled off such hits as "Gimme Some Lovin'" and "I'm a Man," has died at the age of 81.Davis died Monday while being treated for pneumonia in a hospital, Rolling Stone reported.Steve Winwood, who served as lead singer of the Spencer Davis Group, called Davis "an early pioneer of the British folk scene" in a statement released Tuesday and said Davis was "like a big brother" to him."He was definitely a man with a vision and one of the pioneers of the British invasion of America in the sixties," Winwood said.Founded in Birmingham, England, in 1963, Davis teamed with Winwood, his bass-playing brother, Muff Winwood, and drummer Pete York to form the quartet.The band's first No. 1 single, "Keep On Running," was released in 1965.In the next two years, the Spencer Davis Group followed with another pair of hits -- "Gimme Some Lovin'" and "I'm a Man," both of which cracked the top 10 on the U.S. charts."Gimme Some Lovin'" has been featured in several popular movies, including "The Big Chill," "Days of Thunder" and "Striptease."In recent years, the band is arguably known for its trick trivia question, "Who was the lead singer of the Spencer Davis Group?"Winwood eventually left the band to form Traffic in 1967, but the Spencer Davis Group carried on without him, though with far less success. The group eventually disbanded in 1969.This story was originally published by Peter Burke at WPTV. 1463
SOLANA BEACH, Calif. (KGTV) -- The Solana Beach City Council unanimously approved a three-year contract with San Diego Humane Society for animal control services, beginning July 1, 2018. 199
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