Author Archives: Bloomberg

Newsmax Media wants delay at FCC for Sinclair’s deal for Tribune

Sinclair Broadcast Group building in Hunt Valley. (File photo)

Newsmax Media Inc. wants federal regulators to slow their review of Sinclair Broadcast Group Inc.’s proposed $3.9 billion purchase of Tribune Media Co., saying the deal raises concerns about media concentration. “I am calling for delay,” Christopher Ruddy, chief executive ...

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Sessions says he isn’t quitting after Trump disparages him

Attorney General Jeff Sessions testifies on Tuesday, June 13, 2017, on Capitol Hill in Washington, before the Senate Intelligence Committee hearing about his role in the firing of James Comey, his Russian contacts during the campaign and his decision to recuse from an investigation into possible ties between Moscow and associates of President Donald Trump.  (AP Photo/J. Scott Applewhite)

Attorney General Jeff Sessions said he has no intention of quitting, despite President Donald Trump excoriating him over his decision to recuse himself from the probe into Russian meddling in the 2016 election. “We in this Department of Justice will ...

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Trump’s administration’s first health-care fraud sweep targets doctors, opioids

FILE- In this Jan 10, 2017, file photo, Attorney General-designate, Sen. Jeff Sessions, R-Ala., testifies on Capitol Hill in Washington at his confirmation hearing before the Senate Judiciary Committee. A Washington jury has convicted three people of being disruptive at U.S. Attorney General Jeff Sessions' confirmation hearing. A jury returned the verdicts Wednesday, May 3, in Superior Court of the District of Columbia.(AP Photo/Alex Brandon, File)

The U.S. accused more than 400 doctors, caregivers and others nationwide in health-care frauds it says bilked taxpayers of $1.3 billion, as the Trump administration laid down its intention to pursue excessive medical costs, opioid addiction and drug-related crimes. Attorney ...

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Trump sued for blocking Twitter users

(Associated Press)

President Donald Trump and high ranking members of the White House staff were sued on Tuesday by the Knight First Amendment Institute, which alleges the president’s blocking of dissenting Twitter users violates the Constitution. The case filed in Manhattan federal court ...

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VW’s Porsche brand probed as diesel fraud scandal spreads

In this March 15, 2013 file photo the company logo of German car manufacturer Porsche is pictured prior to the annual news conference in Stuttgart, Germany. German prosecutors say they've opened an investigation into employees of Porsche, which is a unit of Volkswagen AG, and an American subsidiary over the possible manipulation of diesel emissions. Stuttgart prosecutors said Monday, July 13, 2017 they are investigating suspicions of fraud and making false claims. (AP Photo/Matthias Schrader, file)

Volkswagen AG’s Porsche brand faces a formal probe by German prosecutors as the diesel-emissions scandal spreads to VW’s iconic sports-car maker. Prosecutors in Stuttgart said they were escalating an informal investigation started last year into allegations the Porsche brand may ...

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FDA chief says agency must do more to stop abuse of opioids

Dr. Scott Gottlieb, President Donald Trump’s nominee to head the Food and Drug Administration, appears at his confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions, on Capitol Hill in Washington in April.

The U.S.’s top drug regulator said on Monday that more must be done to stem the country’s tide of opioid addiction, proposing new guidelines and restrictions on some of the most widely used pain pills. Food and Drug Administration Commissioner ...

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Boom times for recruiters as job market tightens

Job seekers wait to speak with recruiters during a Job News USA career fair in Overland Park, Kansas, on March 8, 2017. Bloomberg photo by Luke Sharrett.

It’s hardly ever been a better, or busier, time to be a recruiter in America. Chris Nace — who’s done such work for the past decade — says that after years of searching for business, companies are now constantly approaching ...

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