Disney to Acquire Fox Assets in Big Bet on Video Streaming
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.
Thu, 14 Dec 2017 23:03:40 EST+0500(West Asia Standard Time)

FCC Approves Rollback of Net Neutrality
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.
Thu, 14 Dec 2017 20:23:05 EST+0500(West Asia Standard Time)

Facebook Overhauls Video-Ad Strategy
The social-media company is changing its video-ad strategy again, potentially amplifying tensions with many publishers who were already frustrated with their inability to earn significant money from videos posted on the platform.
Thu, 14 Dec 2017 19:24:01 EST+0500(West Asia Standard Time)

DHS Plans to End Work Eligibility for Spouses of H-1B Holders
The spouses of highly skilled foreign workers would no longer be able to work legally in the U.S. under a regulatory change proposed by the Trump administration Thursday.
Thu, 14 Dec 2017 23:07:00 EST+0500(West Asia Standard Time)

CSX Head Takes Medical Leave
The railway’s chief executive, Hunter Harrison, has taken a medical leave of absence due to unexpected complications from a recent illness.
Thu, 14 Dec 2017 22:49:41 EST+0500(West Asia Standard Time)

As Fed Tightens, Europe Hangs Loose
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.
Thu, 14 Dec 2017 14:47:03 EST+0500(West Asia Standard Time)

The Fed Isn't the Tax Cut's Enemy
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.
Thu, 14 Dec 2017 14:41:33 EST+0500(West Asia Standard Time)

Several GOP Senators Press for Late Changes in Tax Bill
Several Republican senators, including Marco Rubio, expressed last-minute doubts about the tax plan in Congress, possibly an attempt to strengthen their negotiating positions before final votes planned for next week.
Thu, 14 Dec 2017 22:40:38 EST+0500(West Asia Standard Time)

A Christmastime Tax Cut for Some, a Lump of Coal for Others
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.
Thu, 14 Dec 2017 15:33:27 EST+0500(West Asia Standard Time)

Oracle Shares Fall on Cloud Forecast
Oracle Corp.’s stock sank after hours following news that the growth of its cloud-computing business in the current quarter would fall below expectations.
Thu, 14 Dec 2017 18:41:14 EST+0500(West Asia Standard Time)

Teva Pharma to Cut 14,000 Jobs as Generic-Drug Business Suffers
Teva Pharmaceutical is cutting more than 25% of its workforce and suspending its dividend as it works to cut costs and pay down debt.
Thu, 14 Dec 2017 15:35:10 EST+0500(West Asia Standard Time)

Elliott Preps for Potential Fight With Hess, Seeking CEO Ouster
Elliott Management Corp. is preparing for a possible tussle with Hess Corp., hoping to either remove John B. Hess as chief executive or push him to consider selling all or part of the energy company.
Thu, 14 Dec 2017 23:07:58 EST+0500(West Asia Standard Time)

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