Asia stocks near decade highs on buoyant Wall Street, kiwi rallies
TOKYO (Reuters) – Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the country’s central bank boosted the recently battered c…
U.S., AT&T at odds over CNN in Time Warner deal
NEW YORK/WASHINGTON (Reuters) – U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media company.
Equifax, reeling from breach, to release earnings Thursday
(Reuters) – Equifax Inc said it will release quarterly earnings on Thursday afternoon, its first earnings release since the September disclosure of a massive breach that prompted multiple government probes and the departure of its chief executive.
Fiat Chrysler hopes to win approval for diesel fix by early ’18: lawyer
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV said on Wednesday it hopes to reach an agreement over a fix for vehicles linked to a U.S. diesel emissions scandal by next spring if not earlier.
Arkansas pushes ahead with summertime ban on Monsanto, BASF weed killers
CHICAGO (Reuters) – An Arkansas regulatory body voted on Wednesday to bar the use of a weed killer critical to Monsanto Co’s seed sales for a second consecutive summer, ratcheting up a standoff after the company sued the state to prevent restrictions o…
Twenty-First Century Fox’s quarterly revenue beats Street
(Reuters) – Twenty-First Century Fox Inc’s quarterly revenue topped market estimates on Wednesday as higher sales from traditional and online distributors boosted its cable business.
Wall Street hits high score as videogame makers rally
(Reuters) – Wall Street closed at a record high on Wednesday as videogame makers rallied and Apple’s market value climbed above $900 billion.
Bitcoin hits record high after developers suspend plans to ‘fork’ currency
NEW YORK/LONDON (Reuters) – Bitcoin hit a record high just shy of $8,000 on Wednesday after a coalition of developers and investors suspended a software upgrade planned for next Thursday that could have split the digital currency in two.
U.S. Justice Department mulls limits on overlapping corporate penalties
WASHINGTON (Reuters) – The U.S. Justice Department is exploring ways to prevent multiple law enforcement agencies from slapping companies with corporate penalties over the same underlying misconduct, a senior official said on Wednesday.
U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal: sources
NEW YORK/WASHINGTON (Reuters) – U.S. antitrust regulators want AT&T Inc to sell either the parent company of CNN or its DirecTV satellite television unit before they will allow the wireless carrier to buy media company Time Warner Inc , sources told Reuters on Wednesday.
