What’s News: Business & Finance https://ift.tt/HtSNGr8

Telecom Italia’s board approved the sale of the former monopoly’s fixed-line network to KKR for more than $20 billion, part of the company’s plan to reduce increasingly unmanageable amounts of debt. https://ift.tt/t0BnIx6

Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications, according to people familiar with the development. https://ift.tt/8zqJsyE

U.S. stocks built on a rally that pushed major indexes sharply higher over the past week. The S&P 500, Nasdaq and Dow rose 0.2%, 0.3% and 0.1%, respectively. https://ift.tt/WQq6iV7

Tesla boosted factory worker pay in Germany amid an aggressive unionization drive, a move that comes as Chief Executive Elon Musk may face similar organizing attempts in the U.S. https://ift.tt/C7WqdoR

Foreign companies long used to plowing the profits they made in China back into the country for hiring and investment are pulling those earnings out as growth slows and tensions between Beijing and Washington increase. https://ift.tt/qQ3Cvkb

Jurors heard opening arguments from “Fortnite” maker Epic Games that Google used its dominant position to squeeze excess profits from app developers. https://ift.tt/cFNZB4L

It May Be Too Late to Fend Off China’s Battery Giants https://ift.tt/nijzUCM

For Israelis Living at Gaza’s Edge, Fear Pervades Daily Life https://ift.tt/1qZg5IO

China Deal Slump Sends Bankers’ Fees to Decade Low https://ift.tt/u6UOFxR