A summary of Trump's tax plan said the president wants to reduce the number of tax brackets to three from seven, double the standard deduction that Americans can claim on their tax returns and repeal the estate tax and alternative minimum tax.
Business & Financial News, U.S & International Breaking News
FCC chairman to propose reversing 'net neutrality' rules
The head of the U.S. Federal Communications Commission is proposing to overturn the landmark 2015 Obama-era net neutrality rules, setting off a fight over the future of the internet, according to an FCC official.
Fox News anchor, others hit network with race bias claims
Fox News is facing renewed legal claims that it mistreated non-white employees, a week after network parent Twenty-First Century Fox Inc severed ties with its biggest star over unrelated sexual harassment complaints.
Exclusive: Austria investigates Airbus CEO over suspected fraud
Airbus was plunged deeper into legal wrangling over past business dealings on Wednesday when Vienna prosecutors announced a fraud investigation into its chief executive in connection with a $2 billion fighter order over a decade ago.
Injured Venezuela protesters face another woe: finding medicine
Demonstrators injured in Venezuela's often violent street protests are facing additional hardship: how to get treatment in a crisis-hit country where basics like antibiotics and painkillers are running short.
Ann Coulter cancels her speech at Berkeley amid safety dispute
Conservative commentator Ann Coulter has canceled her speech planned for this week at the University of California's Berkeley campus after a dispute with school officials, who feared violent protests, over whether a safe venue could be found.
'Silence of the Lambs' director Jonathan Demme dies of cancer
Jonathan Demme, the eclectic movie director whose work ranged from thrillers like "The Silence of the Lambs" to documentaries on leading musicians, died on Wednesday of cancer, his publicist said.
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