Trump Opposition Sinks Tegna Stock as TV Merger Deal Faces Uncertainty
Tegna shares dropped 4% after Trump opposed FCC ownership cap changes, threatening Nexstar's $6.2B acquisition and creating turmoil in TV broadcasting consolidation plans.
Tegna shares dropped 4% after Trump opposed FCC ownership cap changes, threatening Nexstar's $6.2B acquisition and creating turmoil in TV broadcasting consolidation plans.
White House plans to unveil health policy framework extending ACA subsidies for two years while adding income caps and minimum premium requirements to address expiring benefits.
Trump officials discuss potentially allowing Nvidia to export H200 AI chips to China, marking a major shift in US semiconductor export policy and boosting Nvidia shares.
The U.S. greenlights the sale of up to 70,000 advanced AI chips to UAE and Saudi companies, reversing earlier restrictions and reshaping global AI competition.
Trump administration approves $1 billion loan for Constellation Energy to restart Three Mile Island's undamaged reactor, aiming to boost power supply for AI data centers and manufacturing.
Treasury Secretary Scott Bessent says the Trump administration will take steps soon to lower prices on coffee, bananas, and other imported foods amid rising grocery costs.