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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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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

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 3 months 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 3 months ago

County Jail in New York Takes In Hundreds of Asylum Seekers

County Jail in New York Takes In 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 asylum-seeking migrant detainees. He agreed after receiving assurance that legal help could be provided for them.

Published 3 months ago

The Problem With Innovation: The Biggest Companies Are Hogging All the Gains

The Problem With Innovation: The Biggest Companies Are Hogging All the Gains

As far back as the industrial revolution, improvements in productivity have traveled swiftly from company to company and industry to industry, an economy-boosting phenomenon called diffusion. Today, there is mounting evidence this engine of growth seems to be misfiring.

Published 3 months ago

As Farnborough Airshow Opens, Space Agencies Put Collaboration on Display

As Farnborough Airshow Opens, Space Agencies Put Collaboration on Display

From promoting space tourism to proposing new launch sites to setting up assembly lines to churn out small satellites, corporate and government space officials are pursuing intercontinental collaboration.

Published 3 months ago

Deutsche Bank Shares Soar as Profit Beats Forecasts

Deutsche Bank Shares Soar as Profit Beats Forecasts

Deutsche Bank said second-quarter profit and revenue would come in above analysts’ forecasts, a boost for the German bank’s new chief executive as he seeks to revive the lender’s fortunes.

Published 3 months ago

China Cozies Up to EU as Trade Spat With U.S. Escalates

China Cozies Up to EU as Trade Spat With U.S. Escalates

China courted the European Union as an ally in its trade conflict with the U.S., offering to improve access for foreign companies and work with the EU on reforming the WTO.

Published 3 months ago

Bank of America profits jump as revenue falls less than feared

Bank of America profits jump as revenue falls less than feared

Lender’s consumer business strong, helped by deposit growth and higher interest rates

Published 1 second ago