Marcy Gordon, Associated Press | Posted Dec 7th - 11:01am
Senators scrutinizing the proposed merger of AT&T and Time Warner homed in on brass tacks with the companies' CEOs. OK, you say this $85.4 billion mega-deal will enhance, not quash, competition and benefit consumers. Will it actually reduce prices that consumers pay?
Michelle L. Price, Associated Press | Posted Dec 7th - 10:51am
Gov. Gary Herbert on Wednesday released a $16 billion budget plan for the upcoming year that tries to stem high turnover among prison guards and corrections workers and pay for 10,000 more students in Utah schools.
Stuart Graham, Associated Press | Posted Dec 7th - 10:50am
Britain's exit from the European Union will be a "smooth process" that will not disrupt trade patterns with smaller countries, finance chief Philip Hammond said Wednesday as he began an overseas tour to reassure global partners ahead of his nation's planned EU departure.
Switzerland has achieved "good results" in fighting money laundering and terrorism financing, but should strengthen its compliance controls, boost scrutiny on the use of cash and share information more with foreign authorities, a leading watchdog said Wednesday.
Marley Jay, Associated Press | Posted Dec 7th - 10:01am
U.S. stocks are moving higher Wednesday, keeping major indexes at record highs. Bond yields are falling, and investors seeking income are buying stocks that pay large dividends, like real estate investment trusts, utilities and phone companies. Health care companies are taking steep losses after President-elect Donald Trump said he wants to reduce drug prices.
Several large German companies, including carmaker BMW, have pulled their ads from U.S.-based news and opinion website Breitbart due to concerns about its content, following a similar move by cereal maker Kellogg's.
Danica Kirka, Associated Press | Posted Dec 7th - 9:28am
British regulators fined U.S. drugmaker Pfizer and distributor Flynn Pharma a record 89.4 million pounds ($112.7 million) Wednesday for increasing the cost of an epilepsy drug by as much as 2,600 percent.