Bank, airline earnings, AT&T, Verizon 5G rollout, housing data top week ahead

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

While the stock market is closed Monday for MLK day, a busy week of bank and airline earnings will follow, along with fresh housing data.

Airlines for America argues that transitioning to 5G service near the airport would disrupt 345,000 passenger flights. FOX Business’ Lydia Hu with more.

Over the past few months, the rollout has been scrutinized over 5G's potential to cause interference with radar altimeters on aircraft, which provide critical altitude information for pilots when operating in low visibility environments Earlier this month, the companies reached an agreement with the Department of Transportation to implement additional mitigations to give agencies more time to reduce potential impacts to commercial flights. Under the terms of the agreement,identified as having the greatest impact to the U.S. aviation sector will be subject to C-band exclusion zones for six months.

Assuming no additional issues, AT&T and Verizon will be able to use their spectrum licenses without extra restrictions after July 5.Earnings taking the spotlight on Thursday include American Airlines before the market open and Netflix after the bell.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And Democrats inflation and supply chain disaster, continued to be ignored by media.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here’s Why Big Bank Stocks Like JPMorgan Are Struggling Despite Solid EarningsHere’s why big bank stocks like JPMorgan are struggling despite solid earnings: by skleb1234
Source: Forbes - 🏆 394. / 53 Read more »