Technology

Verizon says new U.S. tax law to increase fourth-quarter earnings

NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

Politics

Senate Democrats close to majority in drive to restore net neutrality

(Reuters) - U.S. Senate Democrats said on Tuesday they had the backing of 50 members of the 100-person chamber to overturn the U.S. Federal Communications Commission’s decision to reverse the Obama administration's net neutrality rules, leaving the

Politics

Despite political risk, Republicans tinker with welfare

WASHINGTON (Reuters) - Political danger signs are flashing, but conservatives in Washington are pushing forward with proposals to change America's social safety net, an agenda even fellow Republican President Donald Trump recently shied away from.

Business

JPMorgan profit beats on higher interest rates; debt trading down

(Reuters) - JPMorgan Chase & Co , the biggest U.S. bank by assets, reported a higher-than-expected quarterly profit on Friday as gains in net interest income offset a slowdown in trading revenue.

Politics

Democrats vow to force vote on net neutrality, make it a campaign issue

WASHINGTON (Reuters) - U.S. Senate Democrats said on Tuesday they will force a vote later this year on the U.S. Federal Communications Commission's reversal of landmark Obama administration net neutrality rules and will try to make it a key issue in the 2

Technology

Internet Association to join expected net neutrality lawsuit

WASHINGTON (Reuters) - The Internet Association, a trade group representing companies such as Google parent Alphabet Inc and Facebook Inc , said on Friday it intends to join an expected lawsuit against a decision to roll back net neutrality rules.

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