T-Mobile offers iPhone 6s for $5 a month
T-Mobile US Inc. offered the cheapest option to own the latest iPhone at $5 under the company's trade-in plan, amid fierce competition among the top U.S. carriers ahead of Apple Inc.'s highly anticipated phone launch. Customers can get a 16-gigabyte iPhone 6s for $5 per month without upfront payment, under an 18-month lease, in exchange for an iPhone 6, 6 Plus or Samsung Electronics Co Ltd.'s Galaxy Note 5 and Galaxy S6 versions under T-Mobile's latest plan. They can also get a 16 GB iPhone 6s Plus for $9 per month under the plan. Sprint Corp. offers an iPhone 6s for $15 per month, under a 22-month lease, with its trade-in plan.
Chinese firms agree to buy 300 Boeing jets
Chinese companies have agreed with Boeing to buy 300 jets and build an aircraft assembly plant in China in deals signed during President Xi Jinping's visit to the United States, the official Xinhua News Agency said. China Aviation Supplies Holding, ICBC Financial Leasing and China Development Bank Leasing inked the jet purchase agreement after Xi's arrival in Seattle, Xinhua said. It did not give details of the plane models involved or the deal's value. State-owned Commercial Aircraft Corporation of China, which is better known as COMAC, also signed a cooperation agreement with the U.S. plane maker to build a 737 aircraft assembly center in China.
Deals give Microsoft a boost in China
Microsoft Corp. unveiled a slate of agreements with Chinese businesses and government agencies, including a deal that will make China's largest search engine the default home page for Microsoft's new Edge browser in the country. Baidu will be both the home page and default search engine for Microsoft Edge, the browser the Seattle-area company introduced with its new Windows 10 operating system. In exchange, Baidu will offer a tool to help Chinese consumers download and install Windows 10. The deals coincided with Chinese President Xi Jinping's visit to the United States.
Court rejects claims against New York Fed
A New York-based federal appeals court has rejected claims of a former employee of the Federal Reserve Bank of New York who says she was fired because she was investigating Goldman Sachs. The 2nd U.S. Circuit Court of Appeals in New York upheld a lower-court ruling dismissing Carmen Segarra's lawsuit. She claimed the New York Fed interfered with her examination of the financial firm's legal and compliance divisions and directed her to change findings.
Slowdown seen in eurozone, report says
Economic growth across the 19-country eurozone is showing signs of slowing, according to a survey conducted before any assessment of the impact on German industry of the emissions-rigging scandal engulfing carmaker Volkswagen. Financial information company Markit said its monthly purchasing managers' index — a broad gauge of business activity — fell to 53.9 points in September from 54.3 the previous month. Though anything above 50 indicates expansion, the decline points to slower growth.