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AT&T says Time Warner purchase could avoid FCC scrutiny

AT&T Inc expects to be able to bypass a powerful telecommunications regulator in its planned $85.4 billion acquisition of Time Warner Inc , the companies said in regulatory filings on Friday. Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station,

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AT&T says Time Warner purchase could avoid FCC scrutiny

Ford plant turns ‘cemetery’ as Trump wrenches Mexican autos

Ford Motor Co's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy. Many auto parts makers had started to expand in …

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Ford plant turns ‘cemetery’ as Trump wrenches Mexican autos

Volkswagen, Justice Dept. nearing $3 billion deal to resolve diesel allegations

By David Shepardson and Joel Schectman WASHINGTON (Reuters) – Volkswagen AG and the U.S. Justice Department are nearing an agreement to resolve the government's civil and criminal investigations that would require the German automaker to pay a penalty of more than $3 billion, sources briefed on the talks said on Friday. Volkswagen is also expected to face oversight by an outside…

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Volkswagen, Justice Dept. nearing $3 billion deal to resolve diesel allegations

In sign of more hawkish Fed, Evans nods to three rate hikes

Chicago Federal Reserve President Charles Evans said on Friday the central bank could raise interest rates three times this year, faster than he had expected just a few months ago and in line with the majority of his colleagues. The comments from Evans, a voting member of the Fed's policy committee this year, reinforced the view that the Fed could step up the pace of its rate hiking campaign if the incoming Trump administration unleashed a fiscal stimulus.

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In sign of more hawkish Fed, Evans nods to three rate hikes

U.S. job growth slows, but wages rebound strongly

U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose

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U.S. job growth slows, but wages rebound strongly

U.S. loses bid to overturn AmEx antitrust decision

A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. Without comment, the 2nd U.S. Circuit Court of Appeals let stand its Sept. 26 reversal of

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U.S. loses bid to overturn AmEx antitrust decision

Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

(Reuters) – Indian budget airline SpiceJet Ltd is expected to order at least 92 Boeing Co 737 jetliners, as it looks to bolster its presence in the world's fastest growing aerospace market, Bloomberg reported on Thursday.

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Boeing nears $10.1 billion order from India’s Spicejet: Bloomberg

Samsung Electronics forecasts fourth-quarter profit at over three-year high

Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50 percent from a year earlier to its highest level in more than three years, beating expectations on strong chip sales …

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Samsung Electronics forecasts fourth-quarter profit at over three-year high

Verizon executive says company unsure about Yahoo deal

Yahoo came under renewed scrutiny by federal investigators and lawmakers last month after disclosing the largest known data breach in history, prompting Verizon to demand better terms for its planned purchase. “I can't sit here today and say with confidence one way or another because we still don't know,” Marni Walden, president of product innovation and new businesses at

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Verizon executive says company unsure about Yahoo deal

Trump hits Toyota in latest broadside against carmakers and Mexico

U.S. President-elect Donald Trump targeted Toyota Motor Corp on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico. “Toyota Motor said …

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Trump hits Toyota in latest broadside against carmakers and Mexico

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