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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

Senate Republicans on Thursday unveiled the substance of their tax reform bill, one week after their House colleagues released their own legislation.Some of the Senate GOP proposals will be welcomed by critics of the House bill. For instance, Senate tax writers will not propose curbing the mortgage interest deduction.But others will raise hackles. The Senate GOP plan would fully repeal the state and local tax deduction. 431

Sometimes, all it takes is one phone call and you could save some money every month.  Scripps affiliate KTNV looked into three simple phone calls you can make.   189

September saw the highest number on record for family members crossing the US-Mexico border in a single month, the Department of Homeland Security said Tuesday.The figure could help fuel President Donald Trump's?calls for stricter immigration policies, a key issue he has been citing on the campaign trail in the closing weeks of the midterm election season.According to figures released by Border Patrol as part of its annual end of fiscal year numbers, 16,658 family members were apprehended crossing the border.The numbers were close during the 2014 unaccompanied minor crisis, when there were 16,330 apprehensions in June that year, and also close to numbers in December 2017, when 16,139 family members were apprehended on the southern border.2018 saw the most family apprehensions on the southern border, a DHS spokesperson said. The DHS data released Tuesday goes back to 2013.Overall apprehensions on the southern border in 2018 were also up slightly, at 396,579, up from 303,916 in 2017, but down from the previous year and in line with the last five years.The total is nowhere near the highs seen in the early 2000s.Senior administration officials told reporters Tuesday they have seen a steady increase of unaccompanied children and families compared to single adults apprehended illegally crossing the southern border. The officials spoke on a conference call under condition they not be identified by name.In September, almost 50% of those apprehended were family members and unaccompanied children. Last September, 32% were family members and unaccompanied children.The officials say that in 2000, 90% of those crossing illegally were single adults.The vast majority of family members apprehended come from the northern triangle countries of Guatemala, El Salvador, and Honduras, according to the officials, who say 75% of the unaccompanied minors come from Central America.The spike in family crossings has followed Trump's move in June to reverse his administration's "zero policy" that led to family separations. The widely criticized separations themselves followed an uptick in statistics for border crossings, and the new report on the surge in families entering the US comes just weeks before the midterm elections, which Trump has tried to make in part a referendum on immigration. 2316

Senate Minority Leader Chuck Schumer said Wednesday that Democrats will boycott the committee vote of Supreme Court nominee Amy Coney Barrett.The Senate Judiciary Committee is slated to meet on Thursday to send Barrett’s confirmation to the full Senate. Schumer said Democrats will prevent the committee from having a quorum.Barrett's confirmation is expected to pass through the committee and full Senate with just enough Republican support. Barrett is slated to replace Justice Ruth Bader Ginsburg, who died last month.“Democrats will boycott the illegitimate markup tomorrow of Judge Barrett’s nomination in Judiciary and not provide the quorum required Health care is at stake,” Schumer tweeted.” Rights are at stake. But the GOP's showing they're concerned only with raw political power We will not stop fighting”The boycott would force committee chair Lindsey Graham, who is in a tough re-election campaign, to alter the committee’s rules to allow for a quorum.“Judge Barrett is one of the most prepared people to have ever been nominated for the Supreme Court. America will be fortunate to have her as a member of the highest court in the land,” Graham said on Wednesday. “As to my Democratic colleagues’ refusal to attend the markup, that is a choice they are making. I believe it does a disservice to Judge Barrett who deserves a vote, up or down.” 1365