Month: September 2018

U.S. TV station owner Tribune Media Co is kicking off a new round of talks to sell itself after its planned $3.9 billion sale to peer Sinclair Broadcast Group Inc failed to get regulatory clearance, people familiar with the matter said on Wednesday.

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Don’t mess with U.S. Senator Marco Rubio.

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The Justice Department said on Wednesday it has convened a meeting with state attorneys general to discuss concerns that social media platforms were “intentionally stifling the free exchange of ideas.”

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Canada insisted there was still room to salvage the North American Free Trade Agreement after talks on Wednesday with the United States and said both sides would meet again later in the day after separate discussions on this morning’s proposals.

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President Donald Trump on Wednesday said the United States should have a fair trade deal with Canada, as the two countries resumed negotiations over renegotiating the North American Free Trade Agreement.

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Don’t mess with U.S. Senator Marco Rubio.

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Uber Technologies Inc [UBER.UL] Chief Executive Dara Khosrowshahi said on Wednesday the ride-hailing company was on track to launch an initial public offering next year and had no plans to sell its self-driving car research arm.

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The U.S. economy is expanding at a 4.4 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday, following the latest data on trade and auto sales.

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The Nasdaq tumbled on Wednesday, on pace for its biggest one-day drop in three weeks, as investors sold off technology stocks on concerns stemming from U.S. lawmakers grilling Twitter and Facebook executives over foreign efforts to tilt U.S. politics.

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Executives from Facebook Inc and Twitter Inc faced threats of legislative action from skeptical U.S. lawmakers on Wednesday over what many members of Congress see as a failure to combat foreign efforts to influence U.S. politics.

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The Justice Department said on Wednesday that it had met with state attorneys general to discuss concerns that social media platforms were “intentionally stifling the free exchange of ideas.”

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Don’t mess with U.S. Senator Marco Rubio.

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The U.S. Senate voted 85 to 14 on Wednesday to confirm Elad Roisman, President Donald Trump’s pick as commissioner to fill the vacant Republican seat atop Wall Street’s securities regulator.

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Executives from Facebook Inc and Twitter Inc defended their companies to skeptical U.S. lawmakers on Wednesday over what many members of Congress see as a failure to combat continuing foreign efforts to influence U.S. politics.

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