Today's Top News Story

Albertsons will buy chunk of Rite Aid that isn't going to Walgreens: WSJ

(Reuters) - U.S. grocery chain operator Albertsons Companies Inc plans to buy the part of Rite Aid Corp that is not being bought by Walgreens Boots Alliance Inc , the Wall Street Journal reported on Tuesday. Read More

 

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Britain will not have 'Mad Max' economy to undercut rivals, Brexit minister says

LONDON (Reuters) - Brexit minister David Davis will say on Tuesday that Britain has no plans to recast itself as a regulation-light economy undercutting rivals on the continent, as he attempts to dispel a major concern of European Union leaders. More »

 

Murdoch's Fox seeks to win bid approval by extending Sky News guarantee

LONDON (Reuters) - Rupert Murdoch's Twenty-First Century Fox has strengthened its offer to protect the independence of Sky's loss-making news channel to try to overcome regulatory concerns about Fox's takeover of the parent company. More »

 

Japan's Sony to form alliance to build taxi-hailing system

TOKYO (Reuters) - Sony Corp <6758.T> said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. More »

 

Head bowed, Florida shooting suspect returns to court for hearing

FORT LAUDERDALE, Fla. (Reuters) - A former student accused of last week's deadly shooting at a Florida high school returned to court for a hearing on Monday in a case that has galvanized advocates of stricter gun control, including many of the rampage survivors. More »

 

Relax and invest, Saudi prince tells investors after corruption crackdown

RIYADH/DUBAI (Reuters) - Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business. More »

 

Global stocks struggle as bond yields, dollar regain traction

LONDON (Reuters) - A six-day rebound in world stocks began to splutter on Tuesday, as bond market borrowing costs regained traction and the dollar kicked firmly away from a three-year low. More »

 

Uber CEO sees commercialization of flying taxis in 5-10 years

TOKYO (Reuters) - Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years. More »

 

Britain and U.S. in talks over captured British Islamic State fighters: UK minister

LONDON (Reuters) - Britain and the United States are in talks about the fate of two captured British Islamic State militants, suspected of being part of a notorious group known for torturing and killing Western hostages, British Home Secretary Amber Rudd said. More »

 

Pennsylvania top court redraws voting map in boost to Democrats

(Reuters) - Pennsylvania's top court on Monday unveiled a new map carving out the state's U.S. congressional voting districts, imposing a plan it said was based on "traditional criteria" after rejecting a proposal drawn up by Republican lawmakers as unconstitutional. More »

 

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