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GateHouse Media poised to buy Gannett

GateHouse Media is deep in talks to buy USA Today owner Gannett – a merger that would create America's biggest newspaper chain, The Post has learned. Fairport, NY-based Gatehouse – which owns nearly 700 papers across 39 states, including 156 dailies like the Columbus Dispatch in Ohio – is owned by Fortress Investment Group, a hedge fund controlled by business …

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Facebook back pedals from his ambitious vision for Libra

Enlarge / David Marcus, head of blockchain on Facebook, speaks at one meeting of the House Financial Services Committee on Wednesday, July 17, 2019. David Marcus, director of Facebook's new Calibra payment department, ahead of two hostile congressional committees a week with a simple announcement: Facebook knows politicians are concerned about Libra, and Facebook will not proceed with the project …

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Chevy's mid-engine C8 Corvette: Watch the livestream unveiling here

It won't be long before we see this bad boy without camouflage, and you can see it right alongside us. Jennifer Altman / Chevrolet                                                  Later today, Chevrolet will finally debut its long-awaited, eighth-generation, mid-engine Corvette. We'll be attending the big media event to see the new Vette in Southern California, and we hear some sort of tie-in with the …

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What is the safest place on an airplane?

Yesterday, @KLMIndia shared and deleted the following tweet: "According to data studies of Time, the mortality of the sites in the middle of the plane is highest. However, the mortality of the sites in the front is marginally smaller and is least for sites on the rear of the plane. " The Washington Post has a screenshot of the deleted …

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Budweiser Brewer Explores Asset Sales After Calling Off Asia IPO

Anheuser-Busch InBev SA contemplates selling business units in South Korea, Australia and Central America to cut its huge debt burden, as it seeks a backup plan after renouncing the listing of its Asian operations, according to people familiar with the issue. Korean and Australian companies, which make popular beers like Cass and Victoria Bitter, were important parts of the canceled …

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Trump says seriously to look at Amazon's JEDI Pentagon contract

President Donald Trump speaks to journalists after arriving at Pitt-Greenville Airport before joining a campaign rally at the Williams Arena in Greenville, North Carolina, July 17, 2019. Kevin Lamarque | Reuters President Donald Trump said on Thursday that he is seriously considering looking at a Pentagon contract that is said to be worth $ 10 billion for Microsoft or Amazon. …

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The electric car revolution is coming. This is what has to happen first

We may already be closer than you think. Analysts at Bloomberg New Energy Finance predicted that 20 years from now, more than half of new cars will be electric. "We see a real possibility that global sales of conventional passenger cars have already passed their peak," said Colin. McKerracher, head of advanced transport for BNEF But, for electric cars really …

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