US News Headlines
New York, New Jersey commit $3.65 billion to fund tunnel project
NEW YORK (Reuters) - New York and New Jersey on Thursday committed $1.75 billion and $1.9 billion, respectively, to fund a new rail tunnel underneath New York's Hudson River, part of an urgent program to expand and renovate Amtrak's aging and heavily traveled Northeast Corridor line.
U.S. regulators ditch net neutrality rules as legal battles loom
WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.
Alphabet's X sells new wireless internet tech to Indian state
SAN FRANCISCO (Reuters) - Alphabet Inc's X research division said on Thursday that India's Andhra Pradesh state government would buy its newly developed technology that has the potential to provide high-speed wireless internet to millions of people without laying cable.
Family-friendly Disney to bring edgier Fox fare to streaming video
LOS ANGELES, Dec 14 (Reuters) - Walt Disney Co is poised to add foul-mouthed superhero Deadpool and gory TV series "American Horror Story" to its portfolio, a novel move for the king of family-friendly entertainment into the adult-oriented programming consumers are devouring on streaming video.
Joining Disney and Fox's sports channels may raise antitrust concerns - experts
WASHINGTON, Dec 14 (Reuters) - Walt Disney Co's deal to buy a number of Twenty-First Century Fox's businesses includes a plan to add Fox's 22 regional sports networks to Disney's No. 1 sports network ESPN, which could attract the attention of U.S. antitrust regulators, competition experts said on Thursday.
UPDATE 8-Disney buying Fox film, TV units for $52 billion in digital push
Dec 14 (Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.
Yemen's Houthis say Iranian missile charges a distraction from Jerusalem decision
DUBAI, Dec 15 (Reuters) - A spokesman for Yemen's Houthi group on Thursday dismissed U.S. accusations that Iran had supplied a missile fired at Saudi Arabia last month, saying it was an attempt to divert attention from the United States' decision to recognize Jerusalem as Israel's capital.
Wall Street falls as investors fret about tax bill passage
NEW YORK (Reuters) - Major U.S. stock indexes fell on Thursday, with the S&P 500 down the most in a month, as investor worries over potential roadblocks to the Republicans' tax overhaul more than offset optimism over strong retail sales data.
FACTBOX-Provisions of the U.S. Republicans' final tax bill
Dec 14 (Reuters) - Republicans in the U.S. Congress reached a deal on tax legislation on Wednesday, clearing the way for final votes next week on a package that, if approved, would be sent to President Donald Trump to sign into law.
ANALYSIS-Are China's cars finally going to make inroads in Western markets?
BEIJING, Dec 15 (Reuters) - After a decade of development, often through buying or benchmarking foreign technology and know-how, Chinese automakers are looking with greater ambition at selling their cars in major Western markets.
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