WASHINGTON, Feb 9 (Reuters) - A group representing broadcast television stations and conservative cable news channel Newsmax will square off Tuesday on the fate of rules that bar broadcasters from reaching more than 39% of the total number of U.S. TV households, according to testimony seen by Reuters.
The U.S. Senate Commerce Committee is holding a hearing on the 85-year-old national television ownership rule. Newsmax CEO Chris Ruddy will tell... (continue reading...)
WASHINGTON, Feb 9 (Reuters) - U.S. President Donald Trump will travel to Beijing during the first week of April for a meeting with Chinese President Xi Jinping, Politico reported on Monday, citing three people familiar with the plan.
(Reporting by Jasper Ward in Washington)
Feb 9 (Reuters) - Alphabet unit Waymo said on Monday it has gone fully autonomous in Nashville, Tennessee, ramping up operations as the robotaxi race heats up in the United States.
In September, the company and Lyft announced plans to start offering autonomous cab rides in Nashville this year, making it the first commercial deployment of Waymo's driverless taxis on the ride-hailing firm's network.
While Waymo remains the leader in... (continue reading...)
Feb 9 (Reuters) - Target is stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices, CNBC reported on Monday, citing an internal memo.
The company will reduce the number of store districts — the geographic areas that its nearly 2,000 stores are broken into, which have dedicated staffing — and put money toward more hours for frontline store employees, the report said.
Target said it was... (continue reading...)
Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran said Monday a weaker dollar isn’t much of an issue for the central bank right now.
The kind of decline seen in the dollar “doesn’t matter that much for consumer inflation” and only would if it were very dramatic, Miran said at an appearance at the Boston University Questrom School of Business. When it comes to the dollar decline, “I don't view it as something that sort of had material... (continue reading...)
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