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Business News

AT&T, Justice Department await decision that could determine future of media

WASHINGTON (Reuters) – AT&T Inc, which owns DirecTV, awaits a court ruling on Tuesday that will determine if it can buy Time Warner Inc, a decision that could prompt a cascade of pay TV companies buying television and movie makers and the first big test of the Trump administration’s antitrust teams.

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Business News

Financial crime task force eyeing binding crypto exchange rules: Japan official

TOKYO (Reuters) – International financial crime-fighting group Financial Action Task Force (FATF) will start discussions later this month on introducing binding rules governing cryptocurrency exchanges, a Japanese government official familiar with the matter said on Tuesday.

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Trading Ideas

Stocks creep higher, dollar retreats after U.S.- North Korea summit

World stocks crept higher on Tuesday while the dollar turned negative after hitting a three-week high at the end of a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula. U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula, while Washington committed to provide security guarantees for its old enemy. …read more […]