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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Wall Street Journal

Hospital Giants in Talks to Create U.S.'s Largest Operator

Mon, Dec 11, 2017

Ascension and Providence St. Joseph Health are in talks about a possible merger that would put 191 hospitals in 27 states under a single owner, as a series of major deals are poised to consolidate control of the health-care landscape into fewer hands. ...

Mobile-Wireless Market Might Be Our Post Net-Neutrality World

Mon, Dec 11, 2017

With rules governing internet services set to be rolled back, service providers and their detractors are envisioning new models that could translate into a wider range of fees—both lower and higher....

Disney Deal for Fox Would End Era of the 'Big Six' Studios

Mon, Dec 11, 2017

Walt Disney would likely significantly scale back Fox’s movie studio if the company nails down a deal to buy most of the assets of 21st Century Fox, as part of Chief Executive Robert Iger’s plan to transform the company into a direct-to-consumer digital powerhouse to rival Netflix....

Retailers Help Shoppers Do the Markdown Math

Mon, Dec 11, 2017

Department stores and other retailers have a gift or two for discount-weary holiday shoppers: they have been scaling back overlapping promotions and making price reductions easier for customers to understand....

In New NFL Deal, Verizon Trades Mobile Exclusivity for Rights on Yahoo

Mon, Dec 11, 2017

Verizon Communications will no longer have the exclusive mobile rights to distribute the games to its wireless customers, but the $2 billion deal will expand the partnership to Verizon-owned platforms like Yahoo Sports....

Risks From The WTO's New Power Vacuum

Mon, Dec 11, 2017

The world trading system confronts a new power vacuum, with out-of-date rules and no driving force spearheading any effort to update them. ...

Treasury Says GOP Economic Agenda Would Pay for Tax Cuts

Mon, Dec 11, 2017

Treasury Department said the Republican economic agenda would generate enough economic growth to pay for the tax cuts being considered by Congress, using growth assumptions exceeding the official congressional estimates....

Senate Bill's Marginal Tax Rates Could Top 100% for Some

Mon, Dec 11, 2017

Some high-income business owners could face marginal tax rates exceeding 100% under the Senate’s tax bill, which lawmakers rushing to write the final measure are working to prevent. ...

Conference Board's Employment Index Fell in November

Mon, Dec 11, 2017

After a strong increase in October, an index that measures U.S. employment fell in November....

Icahn to Nominate Four to Xerox Board

Mon, Dec 11, 2017

Xerox said that former Icahn Capital Managing Director Jonathan Christodoro resigned from its board so that investor Carl Icahn’s organization could nominate four directors at Xerox’s annual meeting in 2018....