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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

SOLANA BEACH, Calif. (KGTV) - A concert at the Belly Up Tavern this Saturday will raise money for a program dedicated to kids with special needs.Banding Together will hold their 7th annual fundraiser from 12-4 pm on February 24th. The concert features three local bands, and one special, surprise guest artist.The bands are Dr. Seahorse, the Grinnell Trio and Jungle Poppins.But the real stars will be the kids and young adults from the program, some of whom will perform with the bands on stage."It's thrilling for them," says Banding Together Co-Founder and Director Angela Meier. "They hear that people like the Rolling Stones have performed a show there and now they get to as well!"The program uses music therapy to help people with special needs come out of their shell. Meier says it's inspiring and amazing to see how they progress."I've had students who have difficulty putting sentences together," says Meier. "And using rhythm and music, all of the sudden they're able to sing whole sentences."In addition to individual and small group classes, Banding Together runs 42 "Jam Sessions" throughout the year, where the students and musicians join together to make music."It's not just that it's making them feel good, but it's giving them self-esteem," says Meier. "It gives them social skills and prepares them to go out into the community and give back."The concert is open to the public and will also feature live auctions, silent auctions and other fundraisers. All the money goes to fund scholarships and to pay for the jam sessions. Over the previous six years, this event has helped the group give out 134 scholarships totaling ,000.Tickets are and are available at the door, or here. 1714

Someone out there is sitting on a lottery ticket worth more than .5 billion, but has not stepped forward to claim the prize, according to ABC News. On Oct. 23, a single winning ticket was purchased in South Carolina for the largest Mega Millions jackpot in history. The ticket is also the single most valuable lottery ticket in US history. "We have not heard that the winner in South Carolina has come forward," Mega Millions administrator Seth Elkin told ABC News. The winner has 180 days to claim the prize. That means the winning ticket does not have to be claimed until April. If no winner comes forward, each participating state in the Mega Millions game will get back all the money that state contributed to the unclaimed jackpot, the lottery says on its website. The amount of money that goes unclaimed in state lottery programs is quite staggering. Nearly billion went unclaimed during a 12-month period from late 2016 through early 2017, lottery expert Brett Jacobson told CNN. While most of the unclaimed lottery winnings are from smaller prizes, there have been a few notable examples of massive jackpots going unclaimed. The largest known unclaimed lottery ticket was sold in Georgia in 2011 worth million. Elkin told ABC News that it would be prudent for whoever is holding the winning lottery ticket to sign it, keep it somewhere safe and consult a financial advisor before claiming the prize.  1490

Senate Republicans are poised to introduce their own tax plan Thursday morning -- part of the GOP's ambitious agenda to pass tax cuts before the new year.Republicans will unveil their plan just days after Democrats swept state races in New Jersey and Virginia -- an election GOP members said is a wake up call that their party needs to pass at least one major legislative accomplishment or else face electoral backlash in the midterms."If we don't produce, it'll get worse," Sen. Lindsey Graham, a Republican from South Carolina told CNN. "The antidote to this problem is to pass a tax cut that Americans believe helps them and their families, to replace a broken health care system with something better. And if we do those things, I think we'll do fine in the fall." 776

SOMERSET, Wis. -- A teenager in western Wisconsin has built a device that could save lives in the event of an active shooter situation. WCCO reports that Justin Rivard, a senior at Somerset High School, came up with the idea after noticing a potential flaw in the school's emergency response plan. The 'Justinkase' lock is made with two steel plates cut to a specific shape. Handles are welded to them, and a rod and tube are welded on to connect the end place. Finally, a locking knob is added. His principal, Shannon Donnelly, even pushed him to get a patent for the device.During his summer off in 2017, he built enough devices for every classroom and conference room in the high school. The device retails for . 746