Wall Street Journal

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

A Treasury-led task force is proposing that the US Postal Service charge more for certain package deliveries, going after Amazon and other online retailers that President  Donald Trump has said benefit at the post office’s expense. The task force’s report recommends:

Nexstar Reaches Deal to Buy Tribune Media for $4.1 Billion

Apparently, Nexstar Media Group has reached an agreement in principle to buy Tribune Media Co. for about $4.1 billion. The acquisition would add Tribune Media’s 42 stations in major markets to Nexstar’s portfolio of about 175 TV stations in cities including San Francisco, Phoenix and Tampa. It would catapult Nexstar past rival Sinclair Broadcast Group, which owns more than 170 stations, mostly in midsize and smaller markets.