*By Conor White*
Now that the Justice Department has made it known it intends to appeal the AT&T/Time Warner merger, Sprint and T-Mobile are watching closely to see what it means for the future of their deal.
"Their situation, our situation, is very different in many ways," explained Dow Draper, Chief Commercial Officer at Sprint. "All that will get sorted out by people that are a lot smarter than me, and right now we're just focused on driving the best value for customers we can."
Sprint's next step in that process is introducing two new plans: Unlimited Basic and Unlimited Plus. Basic offers a subscription to Hulu and global roaming, while Plus adds on a subscription to streaming music service Tidal, 15 GB of data, full HD streaming capabilities, and more.
"We're really starting to tailor this to people's needs," said Draper. "It used to just be talk, text, and data. Now we have content, music, global roaming, all those different things."
In an interview Friday on Cheddar, Draper explained these plans were built for Sprint customers, by Sprint customers.
"We did a lot of consumer research, because we wanted to make sure we were doing the right thing for the customer, not just coming up with a plan for the sake of coming up with a plan."
For the full segment, [click here.](https://cheddar.com/videos/sprint-announces-new-unlimited-plans)
David Wright, president and owner of Wright Financial Group LLC, joined Cheddar News to discuss Thursday's trading as stocks closed higher amid strong tech profits. But Wright says banking stress could sway markets down as the Federal Reserve could weigh more rate increases.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
