Sinclair takes 8% stake in EW Scripps as broadcaster eyes potential acquisition
Scripps acknowledged Sinclair’s new stake and maintained its board would “continue to evaluate any transactions” in the best interest of shareholders.
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Foreign enrollment at US colleges holds steady overall
Some universities are seeing backslides that have punched big holes in tuition revenue, but overall the falloff is less severe than some industry groups had forecast.
FAA lifts order slashing flights, allowing commercial airlines to resume regular schedules
Data from aviation analytics firm Cirium showed that fewer than 1% of all flights were canceled over the weekend.
Brazilian coffee, beef and tropical fruit will still be tariffed 40%, says Brazil’s vice president
Although President Trump removed one layer of tariffs last week, a 40% tariff remains in place, according to Brazilian Vice President Geraldo Alckmin.
Trump scraps tariffs on beef, coffee, tropical fruit in a push to lower grocery store prices
Trump has built his second term in part around imposing steep levies on goods imported into the U.S. in hopes of encouraging domestic production and lifting the U.S. economy.
Anthropic warns of AI-driven hacking campaign linked to China
A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion.
IRS boosts contribution limits for 401(k) retirement plan savers
The changes, among others announced by the IRS, make it easier for retirement savers to set aside more of their income toward building their nest egg.
NCAA agrees to pay volunteer coaches $303M under proposed settlement
The class-action lawsuit would affect more than 7,700 men and women who worked as volunteer coaches in sports other than baseball, according to a motion for preliminary approval filed this week.
U.S. Mint presses final pennies as production ends after more than 230 years
Billions of pennies are still in circulation and will remain legal tender, but new ones will no longer be made.
President Trump signs government funding bill, ending shutdown after record 43-day disruption
House lawmakers made their long-awaited return to the nation’s capital this week after nearly eight weeks away. Republicans used their slight majority to get the bill over the finish line with a mostly party-line vote of 222-209.
With their government contracts in limbo, small businesses await historic shutdown’s end
Small business owners with government contracts say the shutdown has caused payment delays and the cancellation of some projects, and they will be working to make up for lost time and money, if the government reopens.
House returns for vote to end the government shutdown after nearly 2 months away
The prospect of travel delays due to the shutdown could complicate the vote. Still, Speaker Mike Johnson said the GOP was “very optimistic” about the outcome.
White House’s 50-year mortgage proposal has one notable benefit, but some drawbacks
The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism.
Bob Ross paintings sell for more than $600K to help public TV stations
The three paintings, all painted in Indiana, were the first of 30 Ross works being sold to benefit public TV stations hurt by cuts in federal funding.
Air travelers face frustration as FAA increases flight cuts during the government shutdown
The FAA also expanded its flight restrictions Monday, barring business jets and many private flights from using a dozen airports already under commercial flight limits.
Supreme Court expected to say whether full SNAP food payments can resume
The legal wrangling could be moot if the U.S. House adopts and Trump signs legislation to quickly end the federal government shutdown.
Wendy’s to close hundreds of stores in effort to boost profit
The new round of planned closures comes on top of the closure of 240 U.S. Wendy’s locations in 2024.
Senate approves bill to end shutdown, sending it to House
The shutdown, now in its 41st day, could last a few more days as members of the House return to Washington, D.C., to vote on the legislation.
Michigan towns bordering Indiana, Wisconsin vote to ban or limit marijuana shops
The exploding number of cannabis retailers in Michigan has been especially concentrated in the mostly small, rural border towns where they draw sometimes hundreds of customers a day from states where the drug remains illegal.
Speaker Johnson says House will return to Washington for voting on shutdown deal
It is unclear when the Senate will hold final votes on the legislation. But Johnson said the “nightmare is finally coming to an end” after the Senate voted 60-40 to consider a compromise bill to fund the government.