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US Business

Last Build Date: Thu, 14 Dec 2017 14:08:45 EST

Copyright: copyright © 2017 Dow Jones & Company, Inc.

Disney to Acquire Fox Assets in Big Bet on Video Streaming

Thu, 14 Dec 2017 13:56:44 EST

Walt Disney agreed to buy select assets of 21st Century Fox for $52.4 billion in stock as it moves to bolster its streaming and television businesses in a changing media landscape.image

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FCC Approves Rollback of Net Neutrality

Thu, 14 Dec 2017 14:01:15 EST

The Federal Communications Commission on Thursday rolled back far-reaching rules governing how internet-service providers treat traffic on their networks, a move that is likely to empower cable and wireless providers and transform consumers’ online experience.image

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Next Up for Westfield's Lowy Family: Blurring Retail Lines

Thu, 14 Dec 2017 09:36:55 EST

Fresh off the announced sale of its shopping-mall empire in the U.S., the Lowy family is making a new bet on the future of retail: that the distinction between online and bricks-and-mortar shopping will disappear.image

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A Christmastime Tax Cut for Some, a Lump of Coal for Others

Thu, 14 Dec 2017 14:04:24 EST

Republicans plan to turn their tax overhaul into law next week, giving many businesses a cut while removing some benefits for others and adding to the nation’s budget deficit.image

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From German Faucets to Italian Chocolate, Trade Barriers Are Rising Again in Europe

Thu, 14 Dec 2017 10:12:37 EST

The rise of economic nationalism is clashing with the open-market ideals of the EU’s original founders. Member states, including France and some in the east, are introducing new rules to favor domestic production and labor.image

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As Fed Tightens, Europe Hangs Loose

Thu, 14 Dec 2017 13:01:17 EST

Central banks in Europe showed continued caution about the region’s economic recovery, signaling that they are in no rush to follow the Federal Reserve in steadily raising interest rates.image

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The Fed Isn't the Tax Cut's Enemy

Thu, 14 Dec 2017 12:43:48 EST

Comments by Federal Reserve officials suggest they aren’t standing in the way of any boost that the Republicans’ $1.4 trillion tax cut delivers. image

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Fed Raises Rates, Sticks to Forecast for 2018 Increases

Thu, 14 Dec 2017 12:05:24 EST

The Federal Reserve said it would raise short-term interest rates for the third time this year and remained on track to chart a similar path next year, signaling continuity as the central bank enters a leadership reshuffle.image

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China's Tech Startup Funding: The Wild West in the Far East

Thu, 14 Dec 2017 06:52:02 EST

David Su’s Matrix Partners China has nurtured 20 unicorns—startups valued at $1 billion or more. But he’s anxious that there’s now too much capital chasing too few worthy ideas.image

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Business Insider Inc. Drops 'Business' From Its Name

Thu, 14 Dec 2017 09:49:30 EST

In January, the company will begin doing business as Insider Inc., doubling down on its plan to create new coverage verticals on social media and elsewhere.

Canada's CEOs Warn Government on Trade Policy

Thu, 14 Dec 2017 11:27:39 EST

Canada’s most prominent business leaders are ‘deeply concerned’ by setbacks to diversify trade in Asia in the face of uncertainty over Nafta, according to a letter their lobbyist sent to Finance Minister Bill Morneau. image

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Fed Should Improve Orientation for New Governors, Report Finds

Thu, 14 Dec 2017 13:00:00 EST

The Federal Reserve could do a better job at showing the ropes to new members of its board of governors, the central bank’s Office of Inspector General said.image

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South Africa's Sibanye Doubles Down on Platinum With Lonmin Buy

Thu, 14 Dec 2017 06:05:30 EST

Sibanye said it had agreed to buy London-listed miner Lonmin for $380 million, the latest in string of deals that have reshaped the South African company into the world’s No. 2 platinum producer.image

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MTA Awards $1.8 Billion Contract to Expand Long Island Rail Road

Thu, 14 Dec 2017 10:22:49 EST

The Metropolitan Transportation Authority on Wednesday awarded a $1.8 billion contract to expand the Long Island Rail Road, even as its commissioners raised concerns costs.image

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Sinclair-Tribune Deal Likely to Get Justice Department's Approval

Thu, 14 Dec 2017 07:00:16 EST

The Justice Department has signaled it is willing to grant approval to Sinclair Broadcast Group Inc.’s planned takeover of Tribune Media Co., but it wants the companies to sell off roughly a dozen television stations.