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T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups.The  billion merger, announced Sunday, values Sprint near its current share price of .50.The tie-up would position the telecom companies as fiercer competitors to Verizon and AT&T, which have long dominated the US market."I'm excited to announce that @TMobile & @Sprint have reached an agreement to come together to form a new company -- a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details." said T-Mobile CEO John Legere, in a tweet Sunday.A report that the deal was getting close drove up Sprint's stock price by 8% on Friday and T-Mobile's price edged up as well. The stock price for SoftBank, a Japanese conglomerate with a majority stake in Sprint, rose by 3%.Sprint and T-Mobile first discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.The companies expected to have a better shot at the merger under the Trump administration.Sprint stock tanks as T-Mobile merger said to collapseSoftBank CEO Masayoshi Son met with Trump the month before he took office to talk up an investment in US businesses.A few weeks later, T-Mobile's Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration.But last November, after much speculation, the two companies issued a statement 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," Marcelo Claure, the Sprint CEO, said at the time.Sprint and T-Mobile's announcement is just the latest step in an ongoing movement towards telecom consolidation. AT&T is in talks to acquire Time Warner, which owns CNN and CNNMoney. The outcome of that billion merger-in-the-making depends on a case in federal court, which is pending the decision of the judge. 2203

The mother of a 5-year-old boy who was allegedly murdered by his father has now also been arrested on a charge of child neglect. According to an affidavit, she was also at the home when the boy was killed. Joseph Ray Daniels was arrested and charged with one count of criminal homicide in the disappearance of his son, Joe Clyde. Court records revealed that the elder Daniels allegedly beat the young boy to death before disposing his body in a rural location.   Officials announced Monday night that Joe Clyde’s mother, 27-year-old Krystal Daniels, was also arrested.According to an affidavit, Krystal Daniels was home at the time her husband allegedly murdered their child, Joe Clyde and knew he disposed of the body.She “failed to report the abuse and resulting homicide” of the boy, the affidavit added. Krystal Daniels also allegedly "failed to report injuries, abuse and/or homicide, despite multiple opportunities."She’s scheduled to appear in court on Monday. 1030

Thursday morning Baltimore Police continue to search for the person who shot a Baltimore City Homicide Detective. ATF, the FBI, and Metro Crime Stoppers are offering a ,000 reward for information leading to an arrest and conviction of whoever pulled the trigger.RELATED: Officer down: Police-involved shooting in West BaltimoreRight now, police don't have much of a description of the shooter, so they're hoping witnesses will come forward and help them identify the gunman. Officers have cordoned off a huge area around the shooting scene, they are going door to door, and they're searching every alley in the area.  655

This weekend, most Americans will set their clocks back one hour Saturday night as everyone reverts back to standard time.Every state except Hawaii and Arizona observe Daylight Saving Time in the summer months.The idea of Daylight Saving Time has been around for more than a century for a variety of reasons, including more evening daylight and saving energy.Germany was the first country to experiment with it, and it wasn't fully adopted in the United States until 1918 when "An Act to save daylight and to provide standard time, for the United States" was passed.Once this law was passed, it established the time zones we use today — Eastern, Central, Mountain and Pacific — and specified when Daylight Saving Time would begin and end.Two years later, however, the Daylight Saving Time option was repealed and left up to localities to decide whether or not they'd change their clocks.Nationwide Daylight Saving Time returned for almost three years during World War II when President Franklin Roosevelt instituted "War Time," or year-round Daylight Saving Time.It wasn't until 1966 when President Lyndon Johnson signed the Uniform Time Act, which ended a lot of confusion by setting standards for when Daylight Saving Time would begin and end. It also required every state to participate unless a state voted to keep the entire state on standard time.Daylight Saving Time was extended with the Energy Policy Act of 2005, so now most of the United States change clocks on the second Sunday in March and again on the first Sunday in November.Follow Storm Shield Meteorologist Jason Meyers via the Storm Shield app on Twitter, Facebook, and YouTube. Download the Storm Shield Weather Radio App for your iPhone or Android device and get severe weather alerts wherever you are. Named by Time.com one of the best weather apps for your iPhone. 1846

TORRANCE (CNS) - General Motors and Honda Motor Co. announced Thursday they have signed a memorandum of understanding toward establishing a North American automotive alliance.According to a jointly issued statement, the "scope of the proposed alliance includes a range of vehicles to be sold under each company's distinct brands, as well as cooperation in purchasing, research and development, and connected services."Honda, with North American headquarters in Torrance, and GM "would collaborate on a variety of segments in North America, intending to share common vehicle platforms, including both electrified and internal combustion propulsion systems that align with the vehicle platforms."Co-development planning discussions will begin immediately, with engineering work expected to begin early next year.The announcement builds on the agreement signed between the companies in April to jointly develop two all-new electric vehicles for Honda based on GM's global EV platform powered by Ultium batteries.The GM-Honda relationship, which began more than two decades ago, includes recent collaborations on fuel cells, batteries and the Cruise Origin shared autonomous vehicle."This alliance will help both companies accelerate investment in future mobility innovation by freeing up additional resources. Given our strong track record of collaboration, the companies would realize significant synergies in the development of today's vehicle portfolio," said Mark Reuss, president of General Motors."Through this new alliance with GM, we can achieve substantial cost efficiencies in North America that will enable us to invest in future mobility technology, while maintaining our own distinct and competitive product offerings," said Seiji Kuraishi, executive vice president of Honda Motor Co. Ltd."Combining the strengths of each company, and by carefully determining what we will do on our own and what we will do in collaboration, we will strive to build a win-win relationship to create new value for our customers," Kuraishi added.All facets of the alliance will be governed by a joint committee made up of senior executives from both companies. 2159

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