WASHINGTON (Reuters) -The House Judiciary Committee reversed course on a proposal to remove the U.S. Federal Trade Commission's antitrust authority on Wednesday, days after its Republican leadership included the measure in a budget package. The House panel led by U.S. Representative Jim Jordan, a Republican, had included the proposal in its budget package on Monday. During a hearing on the...

April 30 (Reuters) - The U.S. State Department has approved the potential sale of Patriot missile systems equipment and support services to Kuwait for an estimated cost of $425 million, the Pentagon said on Wednesday. The primary contractor for the equipment and services is RTX Corp. ( RTX ) ...

BRASILIA (Reuters) -Brazil's government is considering capping card processor fees and shortening settlement periods to cut intermediation costs in the country's multi-billion-dollar meal voucher market, three sources with knowledge of the government's plans said. The sources, who requested anonymity to discuss private talks, said the idea of transferring funds directly to workers through Brazil's widely popular Pix instant payment system...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...