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  • Google provides data on U.S. political advertising

    August 15, 2018 7:59 PM 8

    (Reuters) - Google has added a section to its twice-yearly transparency report to show who buys U.S. election ads on its platform and how much money is spent on political advertising, the search engine giant said on Wednesday. The move follows similar steps from Twitter (TWTR.N) and Facebook (FB.O) in late June, as social media platforms face the threat

  • Farmers’ Anxiety Grows as Details on Federal Aid Remain Unclear

    August 15, 2018 11:44 AM 23

    Questions mount over disbursal of pledged $12 billion aid to offset impact of Trump’s tariffs WASHINGTON—Farmers fretting over a trade conflict sparked by President Trump’s tariffs may soon get more details on the $12 billion worth of aid that the administration has pledged, as their concerns mount over potentially plunging incomes and market losses

  • Public Radio Networks to Merge in Big Bet on Podcasts

    August 15, 2018 11:21 AM 27

    PRI and PRX are joining forces in hopes of becoming a podcasting juggernaut Public-radio companies PRX and PRI are merging in a bid to capitalize on the surging popularity of podcasts and other digital formats as listeners and content creators migrate away from traditional broadcast radio. PRX and PRI are two of the nation’s four national distributors

  • Twitter Suspends Alex Jones Over New Tweet

    August 15, 2018 3:36 AM 18

    Social-media site’s action follows increasing public scrutiny of right-wing talk-show host’s posts Twitter Inc. on Tuesday suspended the far-right talk-show host Alex Jones for violating the social media company’s policies, a reversal amid intensifying public scrutiny and criticism of Mr. Jones’s posts on the platform. Mr. Jones will be blocked from posting

  • Twitter suspends conspiracy theorist Alex Jones for one week

    August 15, 2018 3:22 AM 19

    Twitter has suspended far-right conspiracy theorist Alex Jones from its platform for one week. The news was first shared by an InfoWars personality, who tweeted a screenshot of Jones' Twitter account -- indicating the company limited some of Jones' account features temporarily. A Twitter spokesperson confirmed the authenticity of the screenshot. The spokesperson

  • Sears CEO’s Hedge Fund Offers $400 Million for Kenmore Brand

    August 14, 2018 11:57 PM 21

    ESL Investments also proposes buying company’s home-improvement business for as much as $80 million Edward Lampert, the chief executive of Sears Holdings Corp., has offered to buy the company’s Kenmore brand for $400 million in cash, according to a letter Mr. Lampert sent to Sears’s board. The offer, from Mr. Lampert’s hedge fund, ESL Investments, is contingent

  • Match Group and IAC Face Lawsuit Over Tinder’s Valuation

    August 14, 2018 9:58 PM 21

    Suit claims dating app’s parent companies manipulated financial information; it also includes sexual-harassment allegation Three of Tinder’s founders and a handful of current executives say the popular dating app’s parent companies cheated them out of as much as $2 billion by manipulating financial information to undermine its valuation, according to a lawsuit

  • New York Magazine Owner Explores Sale

    August 14, 2018 9:37 PM 18

    Publisher of New York magazine, Vulture and The Cut is the latest media company to weigh consolidation New York Media, owner of New York magazine and several websites, is exploring options including a possible sale, according to people familiar with the matter, as publishers increasingly weigh consolidation to cope with pressures in the fast-changing

  • Wall St. rises on earnings optimism, lira rebound

    August 14, 2018 8:08 PM 18

    (Reuters) - Wall Street’s three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased contagion fears. The S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks with broadbased gains across industry

  • The Key to Big Profits in Clean Energy: Animal Fats

    August 14, 2018 7:25 PM 22

    In the global push for cleaner energy, one Finnish oil company fuels its growth by making diesel from animal fat One of the best-performing stocks in the global oil sector this year is a company that makes most of its money without touching crude. Finnish state-backed refiner Neste Oil has carved out a niche using proprietary processing to turn animal