U.S. security panel deals major blow to Broadcom's bid for Qualcomm

The Committee on Foreign Investment in the United States (CFIUS), which reviews deals for potential national security concerns, does not typically review mergers before companies have clinched an agreement. CFIUS asked Qualcomm to postpone its shareholder meeting, that had been scheduled for Tuesday, by 30 days. Reuters had reported last week that CFIUS had begun looking at Broadcom's bid amid growing pressure from politicians, including senior Republican Senator John Cornyn.

Qualcomm responds to Broadcom statement

CNBC's David Faber reports the latest in the ongoing saga of Broadcom's hostile takeover of Qualcomm.

A 2004 school shooter serving a 20-year sentence wrote a letter in support of the Florida students advocating for gun control

Jon Romano, a school shooter now serving a 20-year sentence, wrote a letter to a local paper about the incident. In 2004, Jon Romano walked into his upstate-New York high school with a shotgun and opened fire. The then-16-year-old shot a teacher while being tackled by Columbia High School assistant principal John Sawchuk.

United Airlines Is Replacing Employee Bonuses With a Lottery

United Airlines is eliminating quarterly performance bonuses for its employees, and replacing them with something a bit more unconventional: a lottery-style drawing, with prizes including cash, cars, and vacations.

Trump suggests Canada, Mexico could win metals tariff exemption

WASHINGTON/MEXICO CITY (Reuters) - U.S. President Donald Trump on Monday appeared to suggest that Canada and Mexico could win exemptions to his planned sweeping tariffs on steel and aluminum if the two countries sign a new NAFTA trade deal and take other steps. "We have large trade deficits with Mexico and Canada.

Amazon mulling checking-account like product with big banks: WSJ

Shares of U.S. big banks came under pressure in early trading on Monday from broader selloff in the market and the WSJ report, Adam Sarhan, CEO of 50 Park Investments said. "Whenever you see a headline show up Amazon coming in and offering checking accounts with JPMorgan that triggers investors to sell first in the face of uncertainty and ask questions later," he said. In January, Amazon.com, Berkshire Hathaway Inc and JPMorgan said they will form a company to cut health costs for hundreds of thousands of their employees.

Penske Truck Leasing Digitizes Preventive Maintenance

Photo courtesy of Penske Truck Leasing

Penske Truck Leasing has implemented fully digital and voice-directed truck fleet preventive maintenance processes for its fleet of more than 266,000 vehicles. Penske's innovative digital preventive maintenance approach improves accuracy and consistency while also reducing and eliminating paperwork, and ensuring documentation and compliance with regulations.

“Our approach uniquely positions Penske to care for and maintain the increasingly complex vehicles on the market today, and the emerging vehicle technologies that will be part of the trucking industry in only a few years,” said Gregg Mangione, senior vice president of maintenance at Penske Truck Leasing. “We're putting the technology our technicians need to work smarter and faster right at the point of repair to keep our customers and their businesses moving forward.”

The system in use across Penske's expansive network of truck fleet maintenance facilities in North America taps into a robust, high-speed Aruba indoor and outdoor gigabit Wi-Fi network, uses rugged mobile tablet devices for maintenance technicians, and supplemented with an innovative voice-directed preventive maintenance system.

Penske Truck Leasing, Honeywell Safety and Productivity Solutions, and Vitech collaborated on the design of a voice-directed preventive maintenance system that leverages a fully customized version of Honeywell's Voice Maintenance & Inspection (M&I) solution. Vitech supported Penske's world-class project team as they implemented the solution for hundreds of locations and thousands of users. Vitech continues to support the solution and provide enhancements to further drive value from voice.

“We were first introduced to Penske through their logistics business unit in 2012, where we implemented voice to support their picking procedures. They experienced tremendous benefits early on and expressed a desire to explore using the technology for preventive maintenance. Penske's foresight and intuition regarding the use of voice-directed technology in their maintenance operations have enabled them to take a leadership position in the ...Read the rest of this story