Sprint CEO Marcelo Claure: These Two Companies Need Each Other
Sprint and T-Mobile are merging because shared resources help both companies achieve their ambitions, said the Sprint CEO Marcelo Claure. "The world's best partnerships or the best mergers have been formed when the two companies realize that they need each other," he tells Cheddar's
Hope King.
For the full interview, [click here](https://cheddar.com/videos/ceos-of-t-mobile-and-sprint-discuss-merger).
High-end clothing retailer Nordstrom is shutting down all 13 stores in Canada and laying off 2,500 employees after failing to make a profit in America's neighbor to the north.
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Alex Morris, chief investment officer with F/M Investments, joined Cheddar News to discuss near session highs in Thursday's trading despite soaring yields.
