UPDATE 1-AIG CEO may reduce buybacks, focus on acquisitions
June 28 American International Group Inc CEO Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions.
May 8 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- Sinclair Broadcast Group is nearing a deal to buy Tribune Media for about $44 a share, and the deal is expected to be announced as soon as Monday morning. nyti.ms/2ppFz10
- The Environmental Protection Agency dismissed five members of a major scientific review board. E.P.A. administrator spokesman Scott Pruitt said he would consider replacing the scientists with industry representatives whose pollution the agency is supposed to regulate. nyti.ms/2ppp6K9
- President Trump is set to announce a slate of 10 nominations to the lower federal courts on Monday. There are more than more than 120 openings on the lower federal courts to be filled. nyti.ms/2ppN6wN
- Emmanuel Macron won France's presidential election on Sunday, defeating the staunch nationalist Marine Le Pen after voters firmly rejected her far-right message and backed his call for centrist change. nyti.ms/2ppqXyB
(Compiled by Sangameswaran S in Bengaluru)
June 28 Shaw Communications Inc on Wednesday reported strong quarterly subscriber gains at its revamped cable business and notched wireless profit growth even as it spent heavily to build up both businesses.