Tribune Terminates $3.9 Billion Merger With Rival Sinclair

Tribune Media terminated its merger agreement with rival TV station-owner Sinclair Broadcast Group and sued the company, alleging it failed to make sufficient efforts to get their $3.9 billion deal approved by regulators. Changed.

U.S. consumer prices up 0.3 percent in October –

WASHINGTON — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department said Wednesday that this meas…

Akamai and MUFG Announce Joint Venture for Blockchain-Based Online Payment Network

CAMBRIDGE, Mass., Feb. 12, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and deliverin

WV MetroNews – PEIA Finance Board bumps up tiers, gets good...

PEIA is expected to close out current fiscal year with a surplus.

StreetInsider.com

Source: www.streetinsider.com Berkshire Hills Bancorp Inc. has announced the acquisition of SI Financial Group Inc. (SIFI) and its subsidiary Savings Institute Bank and Trust Company,...

China’s August Trade Surplus With US Hits Record $31 Billion

China has retaliated to the US tariffs on $50 billion in Chinese imports with an equal amount of import taxes on US goods

UniCredit To Pay $1.3 Bln To Settle U.S. Sanctions Investigation

Italian lender UniCredit SpA (UCG, UNCFF.PK) announced that the company and its subsidiaries, UniCredit Bank AG or UCB and UniCredit Bank Austria AG or UCBA have agreed to pay penalties totaling approximately $1.

J.P. Morgan to launch a U.S. dollar-backed cryptocurrency

JPM Coin, the first of its kind from a major bank, will initially be used to transfer funds over a blockchain network internally and between internationally between institutional clients.

Sterling Bancorp Enters Definitive Agreement to Acquire $504 Million in Commercial...

Source: globenewswire.com Sterling Bancorp signed a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in an all-cash transaction....

Fed Leaves Rates Unchanged, Drops Reference To Gradual Rate Hikes

After raising interest rates by a quarter point last month, the Federal Reserve announced its widely expected decision to leave interest rates unchanged on Wednesday.