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FCC finds 'effective competition' in U.S. wireless market

A divided Federal Communications Commission on Tuesday approved a report that found for the first time since 2009 there is "effective competition" in the wireless market, a finding that could help Sprint Corp and T-Mobile US Inc to merge.

Private equity may win in U.S. Republicans' tax plan

U.S. President Donald Trump's promise to close the "carried interest" tax break that benefits some of Wall Street's wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms.

SEC chair grilled by Senate panel over cyber breach, Equifax

The chairman of the U.S. Securities and Exchange Commission (SEC) told a congressional committee on Tuesday he did not believe his predecessor Mary Jo White knew of a 2016 cyber breach to the regulator's corporate disclosure system, the exact timing of which could not be known "for sure."

Stocks tepid amid North Korea jitters, euro slides

A gauge of world stocks fell on Tuesday and the euro dropped to its lowest level in about a month as investors pulled back from trades that have worked for most of 2017 in the face of continued political uncertainty around the globe.

Nestle targets profit margin to satisfy investor hunger

Nestle set a profit margin target for the first time on Tuesday, responding to an industry slowdown and pressure from activist investor Third Point for greater near-term returns from the world's largest packaged food company.

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SEC chair grilled by Senate panel over cyber breach, Equifax

WASHINGTON The chairman of the U.S. Securities and Exchange Commission (SEC) told a congressional committee on Tuesday he did not believe his predecessor Mary Jo White knew of a 2016 cyber breach to the regulator's corporate disclosure system, the exact timing of which could not be known "for sure."