Lawmakers from both parties signaled deep skepticism Tuesday toward a proposed merger between Nexstar Media Group and Tegna, warning that the deal could concentrate unprecedented power over local TV news even as supporters argue broadcasters need scale to survive in a digital marketplace dominated by Big Tech. At a heated Senate Committee on Commerce, Science, […]

White House press secretary Karoline Leavitt said Tuesday that President Donald Trump told Canadian Prime Minister Mark Carney that the United States should “own at least half” of the Gordie Howe International Bridge. Trump wrote on Truth Social Monday that he would block the opening of the project, a half-mile-long cable-stayed bridge connecting Detroit, Michigan, […]

Paramount Skydance CEO David Ellison is once again putting full confidence behind his company’s hostile takeover bid to buy Warner Bros. Discovery by sweetening the deal with what he calls “additional benefits.” The added guarantees announced on Tuesday include a “ticking fee” that pays Warner Bros. shareholders 25 cents per share if Paramount’s deal doesn’t […]

President Donald Trump’s administration is defending Commerce Secretary Howard Lutnick against bipartisan calls for the Cabinet secretary to resign due to his ties to convicted sex offender Jeffrey Epstein. The latest trove of Epstein files released by the Justice Department showed that Lutnick planned to visit Epstein’s island in the U.S. Virgin Islands in December 2012 after claiming […]