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FCC Chairman Has ‘Serious Concerns’ With Sinclair-Tribune Deal

FCC Chairman Has ‘Serious Concerns’ With Sinclair-Tribune Deal

A top federal communications regulator said he had “serious concerns” about Sinclair Broadcast’s $3.9 billion acquisition of Tribune Media.

Published 1 month ago

Barclays Mulls U.S. Push as Activist Looms

Barclays Mulls U.S. Push as Activist Looms

Barclays is considering doubling down on America as Chief Executive Jes Staley comes under pressure from an activist shareholder to boost the bank’s stagnant share price.

Published 1 month ago

China Targets U.S. Tech Startups in Investment Loophole

China Targets U.S. Tech Startups in Investment Loophole

Tighter national security reviews have curbed Chinese deal-making in the U.S., but a new study shows China is pouring money into cutting-edge American technologies at a record pace this year through loosely regulated venture capital investments.

Published 1 month ago

Strong Retail Sales in June Boosted Growth

Strong Retail Sales in June Boosted Growth

Americans boosted their spending at retailers in June, capping a strong quarter of consumption that is expected to help ramp up economic growth.

Published 1 month ago

County Jail in New York Receives Hundreds of Asylum Seekers

County Jail in New York Receives Hundreds of Asylum Seekers

Albany County Sheriff Craig Apple received an inquiry from federal immigration officials asking whether the New York jail he runs could receive hundreds of asylum-seeking migrant detainees. He agreed after receiving assurance that legal help could be provided for them.

Published 1 month ago

Uber Faces Federal Investigation Over Alleged Gender Discrimination

Uber Faces Federal Investigation Over Alleged Gender Discrimination

Uber is the subject of an investigation by the U.S. Equal Employment Opportunity Commission stemming from a complaint about gender inequity, part of a series of federal probes of the ride hailing giant.

Published 1 month ago

Bank of America Profits Rise 33%

Bank of America Profits Rise 33%

Bank of America reported higher earnings in its second quarter as U.S. interest rates’ upward climb helped the lender’s results.

Published 1 month ago

Barclays Mulls U.S. Push as Activist Looms

Barclays Mulls U.S. Push as Activist Looms

Barclays is considering doubling down on America as Chief Executive Jes Staley comes under pressure from an activist shareholder to boost the bank’s stagnant share price.

Published 1 month ago

FCC Chairman Has ‘Serious Concerns’ With Sinclair-Tribune Deal

FCC Chairman Has ‘Serious Concerns’ With Sinclair-Tribune Deal

A top federal communications regulator said he had “serious concerns” about Sinclair Broadcast’s $3.9 billion acquisition of Tribune Media.

Published 1 month ago

County Jail in New York Receives Hundreds of Asylum Seekers

County Jail in New York Receives Hundreds of Asylum Seekers

Albany County Sheriff Craig Apple received an inquiry from federal immigration officials asking whether the New York jail he runs could receive hundreds of asylum-seeking migrant detainees. He agreed after receiving assurance that legal help could be provided for them.

Published 1 month ago

Tesla CEO Elon Musk Lashes Out at Critic in Latest Twitter Outburst

Tesla CEO Elon Musk Lashes Out at Critic in Latest Twitter Outburst

Musk for years has used Twitter to combat critics in ways that few other business leaders would dare. His latest outburst on the platform—in which he suggested a British cave diver is a pedophile—was extreme even by his standards.

Published 1 month ago

Inside Israel’s Raid to Seize Nuclear Documents in Iran

Inside Israel’s Raid to Seize Nuclear Documents in Iran

Israeli agents covertly extracted documents detailing Iran’s nuclear program in a dramatic 6½-hour operation in Tehran in January, removing a trove that included partial designs for a nuclear warhead, Israeli officials said.

Published 1 month ago

China’s biggest-budget film becomes its worst flop

China’s biggest-budget film becomes its worst flop

Country’s first $100m movie pulled after opening weekend box office take of just $7m

Published 1 second ago

Trump Hopes for ‘Extraordinary Relationship’ With Putin as Summit Begins

Trump Hopes for ‘Extraordinary Relationship’ With Putin as Summit Begins

President Donald Trump said he and Russian counterpart Vladimir Putin had made a “very good start” to talks. He earlier said the two leaders would discuss issues related to trade, the military, nuclear weapons and China, including their “mutual friend” President Xi Jinping.

Published 1 month ago

Cerberus in pole position in Abraaj auction as Colony bid rejected

Cerberus in pole position in Abraaj auction as Colony bid rejected

US asset manager’s bid for Dubai-based investor said to be ‘better fit’

Published 1 second ago