Verizon Communications is taking a $5.8 billion goodwill-impairment charge related to its Verizon Business Group, which has been grappling with falling results.

The Reagan-era Chevron decision that reined in judges has given federal agencies too much leeway, challengers say.

Li Qiang said the country’s economy grew 5.2% last year, breaking the news a day before the official data was set to be released.

“We’ll have to see whether this becomes a longer-standing issue,” CEO Wael Sawan told The Wall Street Journal in Davos.

The judge agreed with the Justice Department that the deal would eliminate a competitor important to price-conscious travelers. 

The billionaire said in a post to X that he feels uncomfortable making the auto company a champion of artificial intelligence without holding about 25% of the company.