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Tribune Terminates $3.9 Billion Sinclair Merger, Sues Broadcast Rival

Tribune Terminates $3.9 Billion Sinclair Merger, Sues Broadcast Rival

Tribune Media terminated its merger agreement with rival TV station-owner Sinclair Broadcast Group and sued the company for failing to make sufficient efforts to get their $3.9 billion deal approved by regulators.

Published 2 months ago

Rite Aid, Albertsons Call Off Merger Amid Investor Opposition

Rite Aid, Albertsons Call Off Merger Amid Investor Opposition

Rite Aid and Albertsons have called off their planned merger in the face of mounting concern from investors.

Published 2 months ago

Elon Musk’s Flawed Plan for Tesla Shareholders

Elon Musk’s Flawed Plan for Tesla Shareholders

Elon Musk’s latest piece of showmanship—an offer to take electric-car maker Tesla private—amounts to a slap in the face for shareholders, writes James Mackintosh.

Published 2 months ago

Discrepancy Over Saudi Oil Data Could Rattle Markets

Discrepancy Over Saudi Oil Data Could Rattle Markets

Saudi Arabia has pressured independent energy analysts to alter their estimates of its oil production, a move that could put it in conflict with other OPEC members.

Published 2 months ago

New York Plans to Cap Uber and Lyft

New York Plans to Cap Uber and Lyft

New York moved to become the first city in the U.S. to cap ride-hailing services including Uber and Lyft, freezing new vehicle licenses for one year while it studies the fallout from the booming industry.

Published 2 months ago

Aerial Photos of Redding Capture Devastation From Carr Fire

Aerial Photos of Redding Capture Devastation From Carr Fire

Survey some of the damage from the Carr fire, the fifth most-destructive fire in California history, in aerial photos taken by the city of Redding.

Published 2 months ago

Argentina Rejects Bill to Ease Abortion Law

Argentina Rejects Bill to Ease Abortion Law

Argentina’s Senate rejected a bill to legalize elective abortions, an issue that sharply divided the nation while raising the prospect that it could prompt other Latin American countries to ease their strict antiabortion laws.

Published 2 months ago

Russian shares and rouble hit by US sanctions

Russian shares and rouble hit by US sanctions

Washington steps up action against Kremlin over Skripal poisoning in UK

Published 1 second ago

Albertsons and Rite Aid call off multibillion-dollar merger

Albertsons and Rite Aid call off multibillion-dollar merger

Collapse deals blow to Cerberus-led consortium that owns US grocery chain

Published 1 second ago

Adidas forced to amend 2016 report after fresh Reebok hit

Adidas forced to amend 2016 report after fresh Reebok hit

Adidas has been forced to retrospectively tweak its 2016 financial report after an accounting watchdog took issue with the book value of Reebok’s brand, in the latest embarrassment related to the German company’s botched 2006 acquisition of the US sportswear maker.

Published 1 second ago

Elon Musk’s Flawed Plan for Tesla Shareholders

Elon Musk’s Flawed Plan for Tesla Shareholders

Elon Musk’s latest piece of showmanship—an offer to take electric-car maker Tesla private—amounts to a slap in the face for shareholders, writes James Mackintosh.

Published 2 months ago

Discrepancy Over Saudi Oil Data Could Rattle Markets

Discrepancy Over Saudi Oil Data Could Rattle Markets

Saudi Arabia has pressured independent energy analysts to alter their estimates of its oil production, people familiar with the matter said, a move that could put it in conflict with other members of the fractious Organization of Petroleum Exporting Countries.

Published 2 months ago

New York Plans to Cap Uber and Lyft

New York Plans to Cap Uber and Lyft

New York moved to become the first city in the U.S. to cap ride-hailing services including Uber and Lyft, freezing new vehicle licenses for one year while it studies the fallout from the booming industry.

Published 2 months ago

The Battery Pioneer Who, at Age 96, Keeps Going and Going

The Battery Pioneer Who, at Age 96, Keeps Going and Going

Four decades ago, John Goodenough helped invent the battery that is used to recharge cellphones, iPads and many other of today’s electronic goods. Now he wants to change the game again, working on a prototype of a liquid-free and cobalt-free battery.

Published 2 months ago