Business

Sinclair acquires Tribune Media for $3.9B, gaining stations in 33 markets

Sinclair acquires Tribune Media for $3.9B, gaining stations in 33 markets

Sinclair will also assume approximately $2.7 billion in net debt, according to CNBC . More conspicuously, Sinclair produces news segments from its headquarters in suburban Maryland that run on its many local TV stations. Sinclair is a former owner of WTAT-TV, Charleston's Fox TV affiliate. Sinclair may still have to sell some stations like St. Louis and Salt Lake City in order to comply with FCC regulations, according to analysts.



Curtis Banks Group PLC (CBP) Plans Dividend Increase - GBX 3 Per Share

Jefferies Group LLC increased their price objective on shares of Arrow Global Group PLC from GBX 384 ($4.97) to GBX 458 ($5.92) and gave the company a "buy" rating in a research note on Monday, April 3rd. COPYRIGHT VIOLATION WARNING: "The Sage Group plc (SGE) Given New GBX 780 Price Target at JPMorgan Chase & Co." was first posted by BBNS and is the property of of BBNS.


USA should take some of blame for massive cyberattack, Chinese media says

USA should take some of blame for massive cyberattack, Chinese media says

But Scott Vernick, a data security lawyer at Fox Rothschild that represents companies, said he was skeptical that WannaCry would produce a flood of consumer lawsuits. "An equivalent scenario with conventional weapons would be the US military having some of its Tomahawk missiles stolen", writes Brad Smith, Redmond president and legal boss.



Chinese media warn India over Belt and Road project

However, the developments have contributed to a cooling of relations between China and India, whose government boycotted the summit over concerns that its soverignity is being compromised by projects in the disputed Kashmir region. The CPEC is not about "conflict" with any side but for regional peace and prosperity, she said. The envoy said the two countries also plan to launch a satellite to improve Pakistan's capabilities in land surveying.


No Announcement Friday On Laptop Ban Expansion

No Announcement Friday On Laptop Ban Expansion

U.S. Department of Homeland Security Secretary John Kelly spoke with members of the European Commission and EU national governments on Friday about a possible extension of the U.S. airline ban on carry-on computers amid concerns it could cause massive disruption as the hectic summer travel season gets underway. "It's not like losing your water bottle or your scissors".



White House defends Trump's 'wholly appropriate' discussion with Russians

The disclosure to Russian Federation appeared to violate an intelligence-sharing agreement that provides the USA critical information about threats to the nation. His colleague Barbara Comstock called the reports "highly troubling" and demanded classified briefings. Sen. "He wasn't briefed on the source and method of the information either".