FCC chief says he has ‘serious concerns’ about Sinclair-Tribune deal
Federal Communications Commission Chairman Ajit Pai said on Monday he has “serious concerns” about Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co , an announcement that could scuttle the deal.
Brent oil falls four percent to three-month low as supply outage concerns ease
Oil prices slumped about $3 on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.
IMF warns of growing damage from trade fight, says U.S. vulnerable
Escalating and sustained trade conflicts following U.S. tariff actions threaten to derail economic recovery and depress medium-term growth prospects, the International Monetary Fund warned on Monday.
Qatar Airways adapts to blockade, may avoid making a loss
Qatar Airways chief executive said the airline was adapting to a regional blockade that has prevented it flying some routes, and that those restrictions would not necessarily push it into the red for the current financial year.
Thyssenkrupp faces leadership turmoil as chairman quits
The chairman of embattled German industrial group Thyssenkrupp resigned on Monday, following the company’s chief executive out the door under pressure from activist shareholders pushing for radical restructuring of the group.
Wall Street flat as oil slump offsets earnings optimism
Wall Street was mostly flat on Monday as a slump in oil prices dragged energy shares lower, offsetting a jump in financial stocks after Bank of America’s strong results reinforced expectations of earnings growth for U.S. companies.
Uber being probed for gender discrimination: source
Uber Technologies Inc is under investigation by the U.S. Equal Employment Opportunity Commission for alleged gender discrimination on issues such as pay, according to a source familiar with the matter.
FCC chairman says he has ‘serious concerns’ about Sinclair’s Tribune deal
Federal Communications Commission Chairman Ajit Pai said on Monday he has “serious concerns” about Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co, an announcement that could scuttle the deal.
Thyssenkrupp chairman Lehner quits, following CEO
The chairman of embattled German industrial group Thyssenkrupp resigned on Monday, following the company’s chief executive out the door under pressure from activist shareholders pushing to break up the group.
Oil falls four percent to three-month low as supply outage concerns ease
Oil prices slumped 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.
