FCC Chairman Has 'Serious Concerns' With Sinclair-Tribune Deal

A top federal communications regulator said he had "serious concerns" about Sinclair Broadcast's $3.9 billion acquisition of Tribune Media.

 
Bank of America's Profit Rises 33%

Bank of America reported higher earnings in its second quarter as U.S. interest rates' upward climb helped the lender's results.

 
Whirlpool Wanted Washer Tariffs. It Wasn't Ready for a Trade War.

Trade barriers can ricochet through an economy in ways even proponents don't expect, as shown by washers, among the first consumer products targeted. The protection against overseas competitors has been more than negated by subsequent metals tariffs. Prices are up and demand is softening.

 
BlackRock's Investor-Cash Inflows Slide

BlackRock pulled in $20 billion in new investor cash in the second quarter, its lowest haul in two years as a global trade rift made investors increasingly skittish.

 
J.B. Hunt Profit, Revenues Soar on Surging Freight Demand

Transportation operator leads off second-quarter earnings reports for sector saying it saw double-digit gains in trucking, rail pricing measures.

 
Uber Faces U.S. Probe Over Alleged Gender Discrimination

Uber is the subject of an investigation by the U.S. Equal Employment Opportunity Commission stemming from a complaint about gender inequity, part of a series of federal probes of the ride hailing giant.

 
Barclays Mulls U.S. Push as Activist Looms

Barclays is considering doubling down on America as CEO Jes Staley comes under pressure from an activist shareholder to boost the bank's stagnant share price.

 
Elon Musk Lashes Out at Cave Rescuer in Twitter Outburst

Musk for years has used Twitter to combat critics in ways that few other business leaders would dare. His latest outburst on the platform-in which he suggested a British cave rescuer is a pedophile-was extreme even by his standards.

 
Deutsche Bank Shares Soar as Profit Beats Forecasts

Deutsche Bank said second-quarter profit and revenue would come in above analysts' forecasts, a boost for the German bank's new chief executive as he seeks to revive the lender's fortunes.

 
Startup Producing Cell-Grown Meat Raises New Funding

German drugmaker Merck and a top European meat processor are backing a startup producing beef from cattle cells, ramping up a race to transform the global meat industry with cell-culture technology.

(END) Dow Jones Newswires

July 16, 2018 13:15 ET (17:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.