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The $10.4 bln acquisition, contingent on Comcast buying Time Warner Cable, suggests some confidence those rivals will get approval. If not, however, the U.S. cable puzzle could realign. Charter again might chase Time Warner Cable, which actually has first dibs on Bright House.

Silicon Valley's noble goals hit home in Indiana

Apple, Google and other technology companies often fall short of promises to make the world a better place. Opposing discriminatory laws in the Hoosier State and elsewhere could make up for lost ground. An economic boycott helps put weight behind the industry’s lofty ideals.

Philips earns credibility with lighting selloff

The Dutch group sold 80 pct of its lighting components unit for $2.8 bln. An Asian tech fund paid a surprisingly high 1.65 times last year’s sales. Buyout firms’ hunger for corporate cast-offs helped lift the price. A bigger test looms: splitting off the main lights business.

China housing rescue uses right tool for wrong job

Homebuyers can now get bigger mortgages more easily. If fundamentals drove Chinese house prices, such loosening might help. As it is, arresting the slide requires a belief that property values will go up again. That’s not in the gift of Beijing’s mandarins.

$12.8 bln prescription may clear up pharmacy M&A

UnitedHealth should generate savings worth more than the 27 pct premium it’s paying for drug middleman Catamaran. But United is playing catch-up. And its target is usually a buyer. Catamaran’s capitulation indicates benefits managers no longer need a dose of dealmaking.

Clipping Indian central bank's wings is bad idea

The Reserve Bank of India is facing a campaign to undermine it. Subjecting its regulatory decisions to judicial review will erode its authority. Removing the bond market from its control serves little purpose. Investors can live with a bossy RBI, but not a weak one.

Silicon Valley trials start as sexism lawsuit ends

Venture capital firm Kleiner Perkins beat gender discrimination allegations, but the likes of Facebook and Twitter face similar lawsuits. The court of public opinion also has yet to deliver its verdict. Scrutiny of how the tech world treats women is just getting under way.