Business

Business

China plans $500M subsea internet cable to rival US-backed project

Rep. John James, R-Mich., details legislation that seeks to declassify China as a ‘developing’ nation, taking away favored nation and tax exemptions. Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed …

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Mega Millions jackpot soars past $400M for Friday night

Check out what’s clicking on FoxBusiness.com The Mega Millions jackpot has surpassed $400 million for the first time in almost three months. It is also just the 19th time in the 21-year history of the game that it has reached this point. The jackpot rolled over after no ticket matched all …

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