Tribune's Court Hurdle on Papers Spurs Freedom to Pick New Buyer
Tribune Publishing Co. hit a court roadblock in its bid to acquire bankrupt California newspaper publisher Freedom Communications Inc., which now plans to turn to the next-highest bidder and its $52 million offer.Freedom will notify a bankruptcy judge about the pivot to Digital First Media Inc., publisher of the Los Angeles Daily News and Oakland Tribune, said William Lobel, Freedom’s lawyer. Freedom, owner of two newspapers in the region, faces a March 31 deadline from lenders to repay $21 mil..>> view originalTransCanada buyout offer sends Columbia Pipeline shares up 6 percent
Pipeline flowing: Columbia Pipeline Group climbed 6 percent to $24.84 Friday after TransCanada Corp. agreed to buy the company for $10 billion, or $25.50 per share, in an attempt to expand further into the U.S. Burned: Williams-Sonoma lost 6.3 percent, to $55.71 Thursday after the seller of cookware and home furnishings disclosed disappointing fourth-quarter results and gave a disappointing outlook for 2016. Weak performance at Pottery Barn was a key factor. Shares closed Friday at $56.73. ..>> view original3M CEO's perspective: No recession in sight
Maria Bartiromo(Photo: USA TODAY)Global markets have finally stabilized after a rough start to the year as recession fears have faded. How strong is the economy, and was the early year panic justified? I turned to the CEO of 3M, a global diversified company making everything from Post-It notes to medical products, to get a handle on the consumer. 3M CEO Inge Thulin says China has issues, but there are bright spots in the USA in the consumer and health care businesses. Our interview follows, edi..>> view originalTiny Vermont brings food industry to its knees on GMO labels
MONTPELIER, Vt. — General Mills’ announcement on Friday that it will start labeling products that contain genetically modified ingredients to comply with a Vermont law shows food companies might be throwing in the towel, even as they hold out hope Congress will find a national solution. Tiny Vermont is the first state to require such labeling, effective July 1. Its fellow New England states of Maine and Connecticut have passed laws that require such labeling if other nearby states put one into ..>> view originalSkyslide airlifted to downtown Los Angeles skyscraper - The San Diego Union
LOS ANGELES (AP) — The latest Los Angeles thrill ride has arrived — a glass slide that will jut from a skyscraper 1,000 feet above the ground.A helicopter on Saturday brought the Skyslide to the 69th floor of the downtown U.S. Bank Tower. At 72 stories, it is the tallest building west of the Mississippi.When it opens on June 25, the transparent, 45-foot-long slide will carry visitors from floors 70 to 69 as they peer down through 1 ¼-inch-thick glass."The Skyslide boasts a safe, thrilling experi..>> view originalCarl's Jr CEO - Try A $15 Minimum Wage And See Those Jobs Get Automated Out Of Existence
Lancaster inmate death treated as suspicious
Drones in 2016: Where Do Unmanned Aircraft Go From Here?
When the first airplanes were introduced into the skies the world suddenly got a lot smaller. Planes changed how quickly people got from point A to point B, and they changed infrastructure and culture. Planes created new opportunity, but they also created new rules. Drones are now in the same territory. During a Consumer Electronics Show 2016 press conference, Brendan Schulman, vice president of policy and legal affairs at DJI, a leading Chinese drone manufacturer, said drone technology "is now..>> view original4 Taken to Hospital After Denver Airport Train Malfunctions
Four people including a child were taken to a hospital Saturday after a concourse train at Denver International Airport malfunctioned, jolting passengers when the train abruptly accelerated and then decelerated as it approached a platform in the main terminal. Airport spokesman Heath Montgomery said the train was carrying about 45 passengers when the accident happened about 2 a.m. Montgomery said 27 passengers were checked out by medics and refused treatment and the others were not injured. ..>> view original
Saturday, March 19, 2016
Tribune's Court Hurdle on Papers Spurs Freedom to Pick New Buyer and other top stories.
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