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AT&T boss exits Boeing, Emerson boards ahead of government fight

Bloomberg AT&T Inc.’s chief executive officer stepped down from the boards of Boeing Co. and Emerson Electric Co. to shield both companies from any fallout as he battles the US government to win approval for the takeover of Time Warner Inc., according to a person familiar with the matter. CEO Randall Stephenson, 57, thought it wise to sever ties with ...

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Google changes rules to purge news

Bloomberg Google moved to strip from its news search results publications that mask their country of origin or intentionally mislead readers, a further step to curb the spread of fake news that has plagued internet companies this year. To appear in Google News results, websites must meet broad criteria set out by the company, including accurately representing their owners or ...

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US Democrats threaten to allow medicare cuts to save Obamacare

Bloomberg House Democrats are threatening to allow automatic spending cuts triggered by the Republican tax bill to take effect next year unless Speaker Paul Ryan ends an attempt to cripple Obamacare. Under a 2010 law known as PAYGO, the $1.5 trillion reduction in government revenue caused by the Republican tax cut legislation would trigger years of across-the-board cuts to programmes ...

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