Gannett Co. sent a letter Monday to shareholders defending its growth strategy and recommending they reject a newspaper company’s takeover bid.
Author: Nathan Bomey, USA TODAY
Boeing faces liabilities as CEO Dennis Muilenburg acknowledges ‘apparent’ 737 Max problem
Boeing CEO’s acknowledgment that a new maneuvering system contributed to two fatal 737 Max crashes could leave company exposed to financial liability.
Speed limit increases are killing thousands of Americans, IIHS study finds
Increased speed limits have killed nearly 37,000 people over the last 25 years, according to research by the Insurance Institute for Highway Safety.
These 5 vehicles were the winter’s hottest sellers
America’s love affair with SUVs is still burning strong, but it wasn’t bright enough to lift the auto industry to growth in the first quarter.
Hedge fund-owned newspaper company asks Gannett shareholders to support board takeover
A hedge fund-owned newspaper company is asking shareholders of Gannett Co. to vote for its director nominees as it pursues the owner of USA TODAY.
Tesla, SpaceX CEO Elon Musk releases rap song: ‘RIP Harambe’
Elon Musk has built rockets, made electric cars, drilled tunnels and now, apparently, released a rap song.
Did Saudi Arabia hack Jeff Bezos? Amazon CEO adviser says Saudis ‘got private information’
Saudi Arabian officials with an interest in harming Jeff Bezos obtained his “private information,” according to an adviser to the world’s richest man.
Trump tweets that OPEC should boost oil production as gas prices rise in U.S.
President Donald Trump called for OPEC, the international oil cartel, to boost production amid spikes in U.S. gasoline prices.
Southwest Airlines takes financial hit from Boeing 737 Max 8 grounding
The grounding of Boeing 737 Max 8 planes is costing Southwest Airlines. It will lose $150 million in first-quarter revenue due to one-time issues.
Gannett says Digital First Media first floated possibility of selling itself to Gannett
Alden Global Capital-owned newspaper company that’s trying to acquireGannett had previously suggested Gannett buy MNG’s Digital First Media.