Sinclair to buy Tribune Media, expanding its local TV reach

11.05.2017

Sinclair Broadcast is set to acquire Tribune Media for $3.9 billion in a deal announced on Monday, giving the conservative-leaning TV broadcaster nearly three-quarters of the local market nationwide. In 2014, Tribune was broken into two separate companies, with the publishing division later renamed Tronc (Frankfurt: 6T71.F - news). Ajit Pai, the new GOP chairman of the Federal Communications Commission, has already changed the way some stations are counted toward a company's national ...

Tesla Motors Inc (NASDAQ:TSLA) plans to double the number of Superchargers

Tesla Motors Inc (NASDAQ:TSLA) plans to double the number of Superchargers

11.05.2017

Sumitomo Mitsui Asset Management Company LTD increased its position in Tesla by 578.7% in the third quarter. Overall, management is confident that it can become a global leader in electric auto sales, but it will still have to deal with Tesla Inc.

Positive start sees William Hill confident of delivering on 2017 targets & projects

Positive start sees William Hill confident of delivering on 2017 targets & projects

11.05.2017

When it comes to the major worldwide markets for William Hill, Mr. Bowcock explained that the bookmaker was still performing very satisfactory with a double-digit wagering growth . The company said it had benefited from "strong horseracing results" over the period. William Hill said it is on track to deliver annualized 40 million pounds ($52 million) of cost efficiencies, by the end of 2017.

Blue Jays take down Indians

Blue Jays take down Indians

11.05.2017

Goins went deep in the second inning off Trevor Bauer (2-4) for his third homer of the year. The remarkable grab was one of several plays that helped Stroman escape jams. Toronto closer Roberto Osuna pitched the ninth to pick up his fourth save. Bauer gave up four runs in six innings. Bauer threw a career-high 125 pitches, 77 (62 percent) for strikes.

United reached resolution with rabbit's breeder

United reached resolution with rabbit's breeder

11.05.2017

Cook claims in his letter that the airline cremated the rabbit's remains without permission from Simon's breeder or owners after finding Simon dead during a layover. The hare was then cremated without the owners' consent, Cook said at a news conference Monday , pointing to United Kingdom tabloid reports written at the time of Simon's death that quoted an anonymous airline staffer detailing the freezer incident.

NASCAR at Talladega: Rain cuts Friday's practice session short

NASCAR at Talladega: Rain cuts Friday's practice session short

11.05.2017

Kevin Harvick was second at 196.439 miles per hour, while Brad Keselowski, Kurt Busch and Joey Logano rounded out the top five. He should be highly regarded when the series rolls back on Daytona in the summer. However, Almirola wasn't looking at the Xfinity race as a tune-up. (Larson) "You know I feel like I see a lot more Asians at the race track which is kind of neat, especially wearing my gear and getting autographs".

SBI cuts affordable home loan rates by up to 0.25%

SBI cuts affordable home loan rates by up to 0.25%

11.05.2017

The rates are applicable from tomorrow. The rate cut will help only new borrowers since the existing borrowers are locked into one-year fixed rate on interest as per the rule of arriving at lending rates. To supplement the affordable housing push, SBI has also come out with special offerings for Construction Finance to the builders for affordable housing projects.

Coach buys Kate Spade for $2.4bn (£1.85bn)

Coach buys Kate Spade for $2.4bn (£1.85bn)

11.05.2017

First of all, you can expect to see less of it in department stores and online flash sales. In this regard, the acquisition will create a synergy effect that helps Kate Spade build its brand and increase profits from the largely under-tapped global market.

AkzoNobel rejects third takeover bid from PPG worth $29 bln

AkzoNobel rejects third takeover bid from PPG worth $29 bln

11.05.2017

It seems AkzoNobel never meant to consider any takeover offer from PPG, regardless of two significant price bumps from the U.S. suitor. But opposition from its boards, Dutch politicians and many of its Dutch staff present difficulties PPG will have to weigh before a June 1 deadline to bid or walk away for at least six months.

Comcast, Charter to cooperate as threats from wireless grow

Comcast, Charter to cooperate as threats from wireless grow

11.05.2017

Comcast's service, the pricing for which was revealed last month, will be the first service to launch. The companies today announced an agreement to cooperate in their plans to sell mobile phone service, an agreement that also forbids each company from making wireless mergers and acquisitions without the other's consent for one year.