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FCC Approves Combination of Nexstar and Tegna TV Stations

The Federal Communications Commission said on Thursday it has approved the sale of some local broadcast TV stations from Tegna to Nexstar. "By approving this transaction, which allows Nexstar to own less than 15% of television stations, the FCC acts mindful of the media marketplace that exits today — not...

CA’s $20 Fast Food Wage Yields Higher Prices, Fewer Jobs, More Automation

This commentary was originally published by CalMatters. Sign up for their newsletters. Two years ago, a hotly contested law imposing a $20-per-hour minimum wage on franchised fast food outlets took effect. The legislation, Assembly Bill 1228, emerged from months of intense political conflict, pitting fast food behemoths such as McDonald's...

US Gas Prices Jump 30% Since Middle East War Began

U.S. gasoline pump prices have jumped more than 30% this month, moving toward $4 a gallon despite efforts by President Donald Trump to curb price increases and contain supply disruptions stemming from the Middle East war. U.S. national average retail gasoline prices have climbed about 90 cents a gallon, or...

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