FCC chair Pai seeks approval for Nexstar-Tribune merger
Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc’s acquisition of Tribune Media Co in a $6.4 billion tie-up, a spokeswoman for the agency said.
Argentine central bank curbs financial institutions access to pesos
Argentina’s battered bonds and currency were driven still lower on Friday amid downgrades by three credit rating agencies and a new policy that the central bank said would ensure the liquidity of the country’s financial system.
U.S. says no grace period for Chinese imports facing tariffs on Sept. 1
The 15% duties on Chinese imports taking effect on Sept. 1 will have no grace period for goods in transit, U.S. Customs and Border Protection said in guidance on its website on Friday.
Twitter CEO’s hacked account sends racist tweets
The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words to 4 million followers.
Twitter CEO Jack Dorsey’s account hacked
The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words to 4 million followers.
Stocks edge higher but post monthly loss; yuan weakens as tariffs loom
Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street, though caution over pending American tariffs on Chinese goods put the yuan on track for its biggest monthly decline …
Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday
Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to be levied.
Volkswagen overstated fuel economy on 98,000 U.S. vehicles, will repay consumers
Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the U.S. Environmental Protection Agency said auto software overstated real-world performance.
Activist Jana to push again for changes at Outback owner Bloomin’ Brands
Activist hedge fund Jana Partners on Friday disclosed a large new stake in Outback Steakhouse owner Bloomin’ Brands Inc , returning for the second time in nearly two years to push for fresh changes after reaching a settlement in 2018.
General Motors cuts some 350 jobs in Thailand operations
General Motors has cut about 350 jobs from its Thai subsidiary’s operations, a labor representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand.
