Xinhua world economic news summary at 1100 GMT, Jan 1 bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
April 1, 2021 | 3:13 pm EDT by Scott R. Flick
Few rules in the Code of Federal Regulations have as tortured a history as 47 CFR § 73.3555 the broadcast multiple ownership rules. The subject of court decisions too numerous to count, a brief review of FCC decisions revising (or deciding not to revise) these rules reveals a twisted mass of logic and rationales where parties fiercely argue even as to the very reason for their existence. Today, the Supreme Court released a
unanimous decision reversing the Third Circuit’s ruling involving three ownership rules, noting simply that the FCC’s approach had been reasonable, and the fact that it made its decision based on the record before it rather than the record the Third Circuit wished for, was just the way government must function.
Just give us a vote $2,000 second stimulus check s fate is up to the Senate cnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnet.com Daily Mail and Mail on Sunday newspapers.
5:59 AM MYT NEW YORK, Jan. 1 (Xinhua) U.S. stocks advanced in the final week of 2020, wrapping up the wild year with solid gains. For the holiday-shortened trading week ending Thursday, the Dow rose 1.35 percent, the S&P 500 climbed 1.43 percent and the Nasdaq gained 0.65 percent. Markets were closed on Friday in observance of the New Year. The S&P U.S. Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on U.S. exchanges by total market cap, logged a weekly rise of 5.7 percent. Investors continued to weigh the possibility of larger U.S. COVID-19 stimulus came as the nationwide caseload continues to spiral.
WASHINGTON (AP) President Donald Trump’s extraordinary election challenge over his defeat by President-elect Joe Biden is splitting the Republican Party. Lawmakers will convene Wednesday in a joint session of Congress to confirm the Electoral College results.
Senate Majority Leader Mitch McConnell is urging Republicans to avoid a confrontation. But Sen. Josh Hawley of Missouri vows to object to the state tallies, joining some House Republicans. On the other side, Sen. Ben Sasse of Nebraska calls such challenges a “dangerous ploy.” Vice President Mike Pence is in the middle.
Trump’s allies want Pence to change the rules when he presides over the Jan. 6 session. Biden is set to be inaugurated Jan. 20 after winning the Electoral College vote 306-232.