Author: Reuters

Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening...

The Federal Communications Commission has the three votes needed to approve a draft order sending Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co to an administrative hearing, an...

A draft Federal Communications Commission order seen by Reuters on Monday said that Sinclair Broadcast Group Inc’s application for approval to purchase Tribune Media Co may “involve...

U.S. retail sales rose solidly in June as households boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in the second...

Federal Communications Commission Chairman Ajit Pai said on Monday he has “serious concerns” about Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co, an announcement that could...