The E.W. Scripps Company has finalized its $15.8 million purchase of WTVQ, the ABC affiliate in Lexington, Kentucky, from Morris Network. This acquisition creates a duopoly with Scripps' existing NBC affiliate, WLEX, strengthening its local media presence in Central Kentucky. The move is part of Scripps' strategy to optimize its local TV portfolio through acquisitions and divestitures. Earlier in 2026, Scripps sold stations in Florida and Indianapolis and expanded its reach in the Mountain West through a station swap with Gray Media.
Chevron reported a record second-quarter profit of $12.1 billion, a 386% increase year-over-year, fueled by higher crude oil prices, a 5% production increase, and synergies from its recent Hess acquisition. The company generated $15.4 billion in free...
BNB Chain is taking legal action against a former employee who retained unauthorized access to a company wallet's seed phrase and used it to launch the Asteroid Shiba token without approval. The token, which quickly gained millions in market cap and ...
Chainlink partnered with 24 major financial institutions including Swift, UBS, and Euroclear to tackle the $58 billion annual cost of corporate actions processing using AI and blockchain. Their Phase 2 initiative achieved near-100% data consensus by ...
Anheuser-Busch InBev's ADR has seen solid gains driven by EBITDA growth, debt reduction, and valuation expansion. However, the stock's returns are clustered rather than showing smooth structural growth, suggesting gains may be tied to broader market ...
A bill in Washington, D.C. proposing widespread use of autonomous vehicles (AVs) faces strong opposition from labor unions concerned about job losses and wage impacts for gig drivers. Surprisingly, Uber has aligned with these unions, advocating for a...
