Sinclair acquires Scripps stake in a push to merge

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps per…

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Larry Summers stepping back from 'public commitments' after Epstein emails

Former Treasury Secretary Larry Summers said Monday he will “withdraw from public commitments” amid revelations he frequently interacted with convicted sex offender Jeffrey Epstein. “I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my wrong decision to continue communicating with Mr. Epstein,” Summers… Source link

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Nikkei 225, Nifty 50, Kospi

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets fell Tuesday, following a tech-led slide on Wall Street. Japan’s benchmark Nikkei 225 slid 0.92%, while the Topix declined 0.6%. South Korea’s Kospi was 0.64% lower while the small-cap Kosdaq slid 0.58%. Hong…

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Trump admin sues to block California’s ICE mask ban

The Trump administration filed a lawsuit against the state of California on Monday, alleging that a law banning federal immigration officers from wearing face masks is unconstitutional. The lawsuit, filed in the Central District of California against California Governor Gavin Newsom (D) and California Attorney General Rob Bonta (D), says the state has… Source link

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