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Business:



ZTE stock falls after US penalties over Iran, North Korea

BEIJING (AP) — Shares in ZTE Corp. fell 42 percent Tuesday in Hong Kong on their first trading day after the Chinese telecoms equipment maker agreed to pay a $1 billion penalty to the U.S. government and replace its top managers.

Posted on 13 June 2018 | 4:06 am

After AT&T-Time Warner win, is Comcast-Fox a done deal?

NEW YORK (AP) — Comcast will likely bid for Fox's entertainment business as early as Wednesday now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner.

Posted on 13 June 2018 | 2:30 am

AT&T antitrust win may herald new wave of media mergers

WASHINGTON (AP) — Brace yourself for a likely new era of media megamergers.

Posted on 13 June 2018 | 2:10 am

Will Amazon's work to kill Seattle tax spook other cities?

SEATTLE (AP) — A tax on large companies such as Amazon that was meant to fight a growing homelessness crisis got rolled back during a raucous Seattle City Council meeting that exposed divisions over how much companies that have fueled booming economies should help pay to alleviate the downsides of success.

Posted on 12 June 2018 | 10:09 pm

Anticipation surrounds Fed's rate forecasts after next hike

WASHINGTON (AP) — The Federal Reserve is set Wednesday to modestly raise its key short-term interest rate for the second time this year. But attention will be focused mainly on any hints that the Fed might accelerate its rate hikes in the coming months.

Posted on 12 June 2018 | 8:16 pm