Reuters

Asian shares rose on Friday as strong U.S. earnings and a step forward in the U.S. Congress on tax reform brightened the mood, even though investors noted that many more hurdles must be passed to reach a final deal on tax cuts.

A radio broadcaster accused U.S. Senator Al Franken on Thursday of touching her breasts while she slept and forcing a kiss on her in 2006 when he was still a comedian and the two were preparing to perform before U.S. troops in the Middle East.

A California jury on Thursday ruled in favor of Johnson & Johnson in a lawsuit by a woman who said she developed the cancer mesothelioma after being exposed to asbestos in the company's talc-based products including J&J's Baby Powder.

The U.S. Federal Communications Commission voted 3-2 on Thursday to allow broadcasters to voluntarily use a new technology to improve picture quality and allow better reception on mobile phones and give advertisers dramatically more data about viewing habits.

Senate Republicans say their investigation of Hillary Clinton’s role in approving a deal to sell U.S. uranium mines to a Russian company hinges in part on the testimony of a secret informant in a bribery and extortion scheme inside the same company.

The U.S. Federal Communications Commission on Thursday voted to remove key roadblocks to increased consolidation among media companies, potentially unleashing new deals among TV, radio and newspaper owners as they seek to better compete with online media.