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Two Senate Republicans critical of party's tax plan

Wed, 11/15/2017 - 20:54
WASHINGTON (Reuters) - A Senate Republican tax plan that would repeal the Obamacare mandate and give permanent tax cuts only to U.S. corporations drew fire from two Republican lawmakers on Wednesday in what could be a sign of trouble for the sweeping measure.

Narrow win for Fox shows restlessness with dual-class shares

Wed, 11/15/2017 - 20:23
LOS ANGELES/NEW YORK (Reuters) - A shareholder proposal calling for Twenty-First Century Fox Inc to scrap its dual-class share structure was rejected on Wednesday, although the measure received significant support among voters outside the controlling Murdoch family.

FCC plans to vote to overturn U.S. net neutrality rules in December: sources

Wed, 11/15/2017 - 19:21
WASHINGTON (Reuters) - The head of the Federal Communications Commission is set to unveil plans next week for a final vote to reverse a landmark 2015 net neutrality order barring the blocking or slowing of web content, two people briefed on the plans said.

In post-Asia trip speech, Trump makes news ... with water

Wed, 11/15/2017 - 18:46
WASHINGTON (Reuters) - U.S. President Donald Trump went on television on Wednesday to recap his just-completed trip abroad, but it was his pause to refresh that ended up making news.

Trian's Peltz claims win in proxy fight, P&G says not yet

Wed, 11/15/2017 - 18:20
(Reuters) - Activist hedge fund manager Nelson Peltz claimed victory in his fight to win a seat on Procter & Gamble Co's board after a preliminary tally of votes was released on Wednesday, but P&G refused to concede and said it wants to see a certified result before declaring a winner.

Exclusive: Mattel snubs Hasbro's latest acquisition approach - sources

Wed, 11/15/2017 - 18:00
(Reuters) - Mattel Inc has rebuffed Hasbro Inc's latest takeover approach, people familiar with the matter said on Wednesday, casting uncertainty over the potential combination of the world's two largest toy companies.

Bombardier plans hiring spree for business jet program: sources

Wed, 11/15/2017 - 16:16
MONTREAL (Reuters) - Bombardier Inc expects to hire around 1,000 workers in Montreal over 18 months, as the Canadian plane and train maker ramps up production of its new Global 7000 business jet, three sources familiar with the matter said on Wednesday.

Senate Republicans add Obamacare gamble to tax plan

Wed, 11/15/2017 - 15:39
WASHINGTON (Reuters) - Democrats accused Republicans in the U.S. Senate of changing their tax-cut plan into an attack on Obamacare and skewing it even more toward corporations and the wealthy on Wednesday as tensions rose in the congressional tax debate.

U.S. government approaches 18 states to fight AT&T-Time Warner deal

Wed, 11/15/2017 - 15:39
WASHINGTON (Reuters) - The U.S. Justice Department has approached 18 state attorneys general to try to win their support for an antitrust lawsuit to block pay TV and wireless powerhouse AT&T Inc's $85.4 billion deal to buy media and entertainment company Time Warner Inc, a person briefed on the matter said on Wednesday.

UCLA players apologize for shoplifting in China, thank Trump

Wed, 11/15/2017 - 15:24
LOS ANGELES (Reuters) - Three UCLA basketball players who had been detained in China on suspicion of shoplifting admitted on Wednesday that they stole items from three stores, and they thanked U.S. President Donald Trump for his help in winning their release.

Fox shareholders reject proposal to abandon dual-class shares

Wed, 11/15/2017 - 13:57
(Reuters) - A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure was rejected on Wednesday, based on preliminary results announced at the media company's annual meeting.

U.S. Justice Dept eyes spring to release findings on FBI handling of Clinton email probe

Wed, 11/15/2017 - 13:52
WASHINGTON (Reuters) - The internal watchdog at the U.S. Justice Department said on Wednesday he hopes to complete his review by early spring into whether the Federal Bureau of Investigation erred when it announced it was reopening its investigation into Democratic candidate Hillary Clinton's emails ahead of the 2016 presidential election.

No refund for Tezos contributors, cryptocurrency broker says

Wed, 11/15/2017 - 12:55
ZURICH/LONDON (Reuters) - Backers of the embattled Tezos tech project should not expect to receive refunds, according to the Swiss cryptocurrency broker that helped it raise $232 million in July.

Zimbabwe's army seizes power, Mugabe confined but "safe"

Wed, 11/15/2017 - 12:53
HARARE (Reuters) - Zimbabwe's military seized power on Wednesday saying it was holding President Robert Mugabe and his family safe while targeting "criminals" in the entourage of the man who has ruled the nation since independence 37 years ago.

Trump administration releases rules on disclosing cyber flaws

Wed, 11/15/2017 - 12:37
WASHINGTON (Reuters) - The Trump administration publicly released on Wednesday its rules for deciding whether to disclose cyber security flaws or keep them secret, in an effort to bring more transparency to a process that has long been cloaked in mystery.

Justice Department approaches states to block AT&T-Time Warner deal: source

Wed, 11/15/2017 - 12:30
WASHINGTON (Reuters) - The U.S. Justice Department has approached state attorneys general to try to win their support for a bid to block telecommunications powerhouse AT&T Inc's $85.4 billion deal to buy media and entertainment company Time Warner Inc, a person briefed on the matter told Reuters on Wednesday.

U.S. core inflation pushes higher; retail sales rise

Wed, 11/15/2017 - 12:25
WASHINGTON (Reuters) - Underlying U.S. consumer prices increased in October on the back of a pickup in rents and healthcare costs, bolstering the view that a recent disinflationary trend worrying the Federal Reserve probably had ended.

Nearly 1.5 million people signed up for Obamacare plans so far: officials

Wed, 11/15/2017 - 12:04
WASHINGTON (Reuters) - More than 800,000 people signed up for Obamacare individual health insurance plans in the second week of open enrollment, U.S. government health officials said on Wednesday, bringing the total number of sign-ups to nearly 1.5 million so far.

U.S. consumer prices edge up; retail sales unexpectedly increase

Wed, 11/15/2017 - 10:18
WASHINGTON (Reuters) - U.S. consumer prices barely rose in October as the boost to gasoline prices from hurricane-related disruptions to Gulf Coast oil refineries was unwound, but rising rents and healthcare costs pointed to a gradual buildup of underlying inflation.

Department of Justice approaches state AGs to block AT&T-Time Warner deal: source

Wed, 11/15/2017 - 10:14
(Reuters) - The U.S. Department of Justice has approached state attorneys general to block AT&T Inc's $85.4 billion deal to buy Time Warner Inc, a person briefed on the matter told Reuters on Wednesday.

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