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Tribune Publishing adopts poison pill to stop Gannett bid

(Reuters) – Newspaper publisher Tribune Publishing Co said its board had adopted a shareholder rights plan – popularly known as a “poison pill” – in a bid to thwart Gannett Co Inc's unsolicited takeover offer. Tribune shares fell nearly 6 percent in morning trading on Monday, while Gannett shares were little

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Tribune Publishing adopts poison pill to stop Gannett bid

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Judge dismisses mental competence lawsuit against Sumner Redstone: tentative ruling

(Reuters) – A Los Angeles judge dismissed a lawsuit over the mental competence of media mogul Sumner Redstone, in a tentative ruling issued on Monday. (Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

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Judge dismisses mental competence lawsuit against Sumner Redstone: tentative ruling

kashkari

Fed’s Kashkari says current U.S. interest rates ‘about right’

While a rate hike in June is “possible,” Kashkari sounded happy to keep rates low for now in order to continue bringing workers who have not worked in months or years back into the labor force. “To me, just looking at the raw data, it says we should be …

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Fed’s Kashkari says current U.S. interest rates ‘about right’

kashkari

Fed’s Kashkari favors higher capital requirements, smaller banks

“I agree that many current reform efforts are headed in the right direction, particularly those that make banks stronger with additional capital, deeper liquidity and stress testing,” Kashkari said. Kashkari, who during the financial crisis ran the government's $700 billion bank bailout program, has been campaigning for solutions to the nation's “too…

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Fed’s Kashkari favors higher capital requirements, smaller banks