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| What's News |
 | Good Morning Here's what we're watching as the U.S. business day gets under way: | | |
| T-Mobile struck a $26 billion deal to buy Sprint in a combination that, if allowed by antitrust enforcers, would leave the U.S. wireless market dominated by three national players. | | |
| U.S. consumer-spending data will be released today for March, and may show whether spending picked up given bigger worker paychecks. Economists surveyed by the Journal expect spending rose 0.4% in March. | |
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| McDonald's will serve up its latest earnings report before the opening bell. Investors will be eager to hear its management provide more detail on just how well value meals priced at $1, $2 and $3 each are selling. | | |
| Walmart said it would sell its British arm Asda Group to U.K. rival J Sainsbury, creating the U.K.'s largest grocer with revenue of around $70 billion, if cleared by antitrust regulators. | |
| Amazon's first international foray into Europe was two decades ago, but the internet behemoth is still playing catchup selling apparel and footwear online to Europeans. Many of America's biggest retailers, meanwhile, have another problem: too few clerks in the store. | |
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| | | The stories you might have missed overnight | | |
 The latest Disney blockbuster has yet to open in China, the world's No. 2 market. PHOTO: MARVEL/WALT DISNEY/EVERETT COLLECTION | |
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| Two suicide bombers, one on a motorcycle and the other disguised as a photographer, carried out nearly simultaneous attacks in the heart of Kabul on Monday, killing dozens, including several journalists. | |
| U.K. Home Secretary Amber Rudd resigned following criticism of her handling of an immigration scandal, a departure that risks upsetting a delicate balance in Prime Minister Theresa May's top team. | |
| U.S. officials were cautious about Kim Jong Un's pledge to shut North Korea's nuclear test site, saying the dismantling of Pyongyang's
arms program must be irreversible and verifiable. | |
| Secretary of State Mike Pompeo visited four countries on his first trip since becoming the top U.S. diplomat. | |
| A new type of bargain hunter has found an Eden in the epicenter of the U.S. tech boom. San Francisco is full of growth-hungry startups rich with venture capital which offer consumers a plethora of free trials and discounts. | |
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| Rear Adm. Ronny Jackson, who last week withdrew his nomination to lead the Department of Veterans Affairs, will not return to his previous role as President Trump's personal physician. | | via the Washington Post | |
| Australia's government unveiled a plan to try to rescue the Great Barrier Reef, pledging hundreds of millions of dollars for reef conservation and management. | | via the New York Times | |
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| Chrysler Declares Chapter 11 Bankruptcy The storied U.S. auto maker filed the sixth-largest bankruptcy ever, in a move ''designed to arrest the decline of a company that popularized the Jeep and the minivan.'' The U.S. government had a plan: ''President Barack Obama pledged to give Chrysler LLC 'a new lease on life' by ushering the storied auto maker into a bankruptcy reorganization that will empower its union and put Italy's Fiat SpA in charge while elbowing aside its creditors,'' the Journal reported. The Obama administration was ''determined to protect UAW jobs and salvage the third-largest domestic auto maker, even at the expense of Chrysler's secured lenders,'' the Journal wrote. The bankruptcy filing marked a defeat for the company. ''Throughout most of the 20th century, Chrysler, GM and Ford generated wealth that drove the U.S. economy and helped raise Americans' standard of living,'' the Journal wrote. ''But since the oil shocks of the 1970s and increasing competition from foreign-owned auto makers, the Big Three have been in retreat. They are, in fact, no longer so big.'' The U.S. Supreme Court later helped clear the way for the deal. More recently, the current chief executive of Fiat Chrysler Automobiles said in January he has no plans to sell its Jeep business or split up the company, cooling speculation but leaving the company's long-term strategy unclear. The company's most recent quarterly earnings showed profit rose 60%. The company's new business plan through 2022 is due out this summer. | | |
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