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The Sinclair Broadcast Group acquisition of Tribune Media is dead.Tribune said in a statement Thursday that it has terminated its merger agreement with Sinclair, scuttling a .9 billion deal that would have given the broadcasting group an even broader reach into American living rooms.The breakup of the deal is a stinging defeat for Sinclair, owner of dozens of local television stations. Sinclair has been scrutinized for its ties to the Trump administration.Tribune had been expected to walk away after the deal came under scrutiny from US regulators. The FCC in July referred the merger to an administrative judge hearing, and called into question whether some of Sinclair's proposed divestments were a "sham."Tribune said it will sue Sinclair for breach of contract, arguing Sinclair's negotiations with the US Justice Department and FCC were "unnecessarily aggressive. Sinclair also refused to sell certain stations that would have helped the deal secure regulatory approval, Tribune claims."Our merger cannot be completed within an acceptable timeframe, if ever," said Tribune CEO Peter Kern in a statement.Analysts expect Tribune to seek another buyer.Sinclair did not immediately respond to a request for comment sent outside business hours. 1259
The turnaround at SeaWorld might be real.The theme park owner reported that visitors to SeaWorld grew 5 percent for the quarter, the second consecutive quarter that attendance rose.Sales and attendance figures topped forecasts, and shares surged more than 15 percent to a four-year high. Its stock is up more than 80 percent this year.SeaWorld has struggled since a documentary called "Blackfish" aired in theaters and on CNN in 2013. The film focused on an orca that had killed people, including a trainer, and suggested that the conditions in which it was confined at SeaWorld contributed to its violent behavior. The company has disputed certain points in the documentary.Interim CEO John Reilly said new rides, discounted prices for annual passes and a new marketing strategy that focuses on animal rescue efforts helped push the good results. Reilly took over from former CEO Joel Manby in February after Manby failed to stop a long slide in visitors."We are pleased with our strong second quarter financial results and the continued momentum we see in the business," Reilly said in a statement.The rise in visitors coincided with the start of the summer, when kids are off from school and families take vacations. Some analysts had dismissed a first quarter attendance surge because it came at a slow time for amusement parks.SeaWorld also owns the Busch Gardens and Sesame Place theme parks.But its SeaWorld parks draw the most scrutiny.In addition to the "Blackfish" documentary, the company has been targeted relentlessly by the animal rights group PETA.In an attempt to rehab its corporate image, SeaWorld announced in 2016 that it would stop breeding orcas in captivity and also end its orca shows at its San Diego theme park. They continue elsewhere.But PETA is not enamored of the changes.PETA owns a tiny stake -- 339 shares -- in SeaWorld, with the hopes that it can urge other investors to put more pressure on management for bigger changes."We find that many families who recently went to SeaWorld say they'll never go back after what they saw. Shareholders should be wary," PETA executive vice president Tracy Reiman said in a statement to CNNMoney."This summer's events show that although the marine park may have a few upward blips, it's on a downward trajectory that won't stop until the animals are out of the tanks and in coastal sanctuaries," Reiman added.While PETA may still not be satisfied with some of the changes, SeaWorld has put another problem behind it.The company said Monday that it had reached a settlement with the Securities and Exchange Commission over an investigation into certain "disclosures and public statements" made by SeaWorld.SeaWorld said it did not admit or deny any of the SEC's allegations and that it recorded a million charge in the quarter to settle the matter. 2834

The U.S. Postal Service has announced its holiday shipping deadlines as we approach a holiday season like none in our lifetime.Delivering cards and gifts through the mail may be more important than ever this year because many people will refrain from visiting loved ones to prevent the spread of the novel coronavirus.The Postal Service says you can you rely on them to deliver your parcels to family and friends, whether they’re overseas, across the country or just on the other side of town.USPS officials recommend the following mailing and shipping deadlines for expected delivery by Christmas Day to domestic addresses and Air/Army Post Office/Fleet Post Office/Diplomatic Post Office addresses:Nov. 6 — APO/FPO/DPO (all ZIP Codes) USPS Retail Ground serviceDec. 9 — APO/FPO/DPO (ZIP Code 093 only) Priority Mail and First-Class MailDec. 11 — APO/FPO/DPO (all other ZIP Codes) Priority Mail and First-Class Mail servicesDec. 15 — USPS Retail Ground serviceDec. 18 — APO/FPO/DPO (except ZIP Code 093) USPS Priority Mail Express serviceDec. 18 — First-Class Mail service (including greeting cards)Dec. 18 — First-class packages (up to 15.99 ounces)Dec. 19 — Priority Mail serviceDec. 23 — Priority Mail Express* serviceUSPS also suggests skipping the trip to your post office and using their online tools to ship your items.The Postal Service anticipates Dec. 14 will be its busiest day online with more than 13 million consumers predicted to visit usps.com for help shipping things. Officials estimate nearly 500,000 consumers will use their Click-N-Ship feature and other online services on that day to order Priority Mail boxes, print shipping labels, purchase postage and even request free next-day package pickup.The Postal Service has offered these tips for a successful holiday mailing and shipping season:Use free Priority Mail Flat Rate boxes. They are available at local Post Offices or online at usps.com/freeboxes.Make it easy with Click-N-Ship. You can create shipping labels and pay for postage online at usps.com/ship.Schedule a free Package Pickup when the carrier delivers your mail. It’s free regardless of the number of packages. Or, pickups can be scheduled at usps.com/pickup.Mail and packages that weigh more than 10 ounces and/or are more than a half-inch thick using stamps as postage cannot be dropped into a collection box or left for a carrier to pick up. Instead, take them to a window clerk at a Post Office. 2448
The US House of Representatives passed a bill Wednesday to fund more security at schools, exactly one month after a gunman killed 17 people at a high school in Parkland, Florida, and as thousands of students take part in a national walkout in protest of gun violence.While the bill had bipartisan support, many Democrats were frustrated that it doesn't include any gun control measures."This is a pretense that we are doing something while assuring the NRA that we aren't doing anything," Rep. Steny Hoyer of Maryland, the second ranking Democrat in the House, told reporters Tuesday.The vote was 407-10. The bill attempts to curb school violence by providing more training for school officials and local law enforcement to respond to mental health crises, as well as, among other things, money to develop anonymous reporting systems for threats and deterrent measures like metal detectors and locks.Many Democratic lawmakers pressed Republican leaders to bring up gun control measures to expand background checks and ban assault weapons, but House GOP leaders continue to say they will wait to see what, if anything, the Senate can pass.In the Senate, the Judiciary Committee held a hearing on the Florida shooting and failures by the FBI and law enforcement to act on warning signs displayed by the gunman before the attack."In the wake of the Parkland attack, this committee has an obligation to find out what happened," said Senate Judiciary Committee Chairman Chuck Grassley, an Iowa Republican, in his opening remarks. "We must hold government to account for its failures, and make sure plans are in place to avoid future tragedies. And we must rally around consensus, evidenced-based solutions that will protect our nation's most valuable resource — its youth — from violent attacks."Both the hearing and the vote happened the same day students across the country are holding walkouts to commemorate the Parkland shooting anniversary and call for more action gun control measures. In Washington, global advocacy group Avaaz placed 7,000 pairs of shoes on the Capitol lawn to represent gun violence victims since the 2012 Sandy Hook Elementary School massacre. Protesters are demonstrating at the Capitol and in front of the White House on Wednesday.Both of Florida's senators -- Republican Marco Rubio and Democrat Bill Nelson -- testified at the hearing. The two men have also teamed up on legislation that would encourage states to adopt so-called red flag laws, which would give law enforcement the authority to seize guns from people who pose a threat to themselves or others.It's one of many gun control bills proposed by members on both sides of the aisle, but most efforts have largely stalled.President Donald Trump reiterated his support last weekend for a bill by Sen. John Cornyn of Texas, the No. 2 Republican in the Senate, and Democratic Sen. Chris Murphy of Connecticut that would encourage states and federal agencies to enter more data into the National Instant Criminal Background Check System, known as "Fix NICS."It was first introduced last fall after the Sutherland Springs, Texas, church shooting but it has seen renewed attention since last month's Florida shooting. While the bill currently has more than 60 cosponsors -- a normal indicator that it could avoid a filibuster -- many Democrats want to open up the legislation to amendments, and it's unclear how Republican leaders will proceed."I'm extremely interested in seeing Senator Cornyn's Fix NICS bill passed and a significant school safety bill passed," Senate Majority Leader Mitch McConnell told reporters on Tuesday. "The best way to get that done is still under discussion. But I'm anxious to pass both of them, and pass both of them soon."The witness list at the Senate Judiciary Committee hearing also included David L. Bowdich, the acting deputy director of the FBI, as well as Ryan Petty, whose daughter was killed in the Florida shooting, and Katherine Posada, a teacher at the school, Marjory Stoneman Douglas High School.And while there were no gun industry witnesses at the first hearing since the shooting, they loom large in the debate and play a critical role in lobbying members of Congress and rallying their supporters across the country during elections.The House bill, the STOP School Violence Act, aims to provide more training for school officials and local law enforcement to respond to mental health crises, as well as, among other things, money to develop anonymous reporting systems for threats and deterrents like metal detectors and locks.It does not include many of the components of a proposal unveiled by the White House -- most notably it does not include any provisions to arm teachers. House Republicans have largely ignored the President's plan, especially since he publicly declared that the major legislation the GOP-controlled chamber passed in December to loosen concealed carry rules was not something that could pass as part of broader gun legislation."This is about schools but it's not just about schools," Rubio told reporters Tuesday at a news conference about the Senate version of the bill. "When someone is determined that they're going to commit an act of violence, it could be in a school, it could be in a mall, it could be in a movie theater, it could be in an airport, it could be at a stadium. So what we're really focused on here more than anything else is identifying the people that are going to commit a violent act irrespective of where they're going to commit it and stopping them before they do it." 5558
The Senate has passed its long-stalled legislation that would overhaul how sexual harassment complaints are made and handled on Capitol Hill and would hold members of Congress personally responsible for paying such settlements out of their own pockets.The legislation moved forward following a deal reached by Missouri Republican Sen. Roy Blunt and Minnesota Democratic Sen. Amy Klobuchar, and praised by leaders of both parties in the Senate.The bill now goes back to the House of Representatives, which passed its version in February and where the expectation is that there will be a conference committee to work out the differences between the two bills after Congress returns from its weeklong Memorial Day recess.The differences between the House's and Senate's versions of the legislation include the language used in describing when a member would be required to pay for settlements -- and when they would not -- and the reporting of settlements.California Republican Rep. Jackie Speier, one of the chief negotiators of the House's bill said that there is "disappointment" in Senate's bill among some members on both sides of the aisle in the House."We will go to conference and hopefully we can iron out some of those differences," Speier said Thursday on CNN's "New Day."There also is criticism of the Senate's bill among some outside advocacy groups, which have written to Senate Majority Leader Mitch McConnell and Senate Minority Chuck Schumer expressing concern that the House bill became essentially too watered down in the Senate's negotiations."This bill contains numerous provisions that are contrary to key principles we've previously articulated, falls short of an acceptable compromise, and may have unintended negative consequences," says a letter sent to Senate leaders signed by the American Civil Liberties Union, Equal Pay Today, The Leadership Conference on Civil and Human Rights National Women's Law Center and Public Citizen.Additionally, these groups say they see "significant differences" between the House and Senate bills and are "deeply concerned" that "neither senators nor key stakeholders have been given adequate time to fully vet the bill."Congressional sources tell CNN there are numerous areas that the discussion will center on when the two sides meet to work out a compromise.Among the chief areas of concern: The provision for members being held personally responsible in the Senate bill states that they have to pay out of pocket only for sexual harassment, not for any awards that may be ordered for sex discrimination or any other kind of discrimination. Some fear that could provide a loophole for members who are accused of harassment to settle with a victim for sex discrimination, knowing that they won't be required to pay the settlement and it will instead come out of a US Treasury fund.Additionally, there is concern that in the Senate's legislation would empower and involve the Ethics Committee more so than the House's. The Senate version would give the chair and ranking member of the committee the authority to overrule settlement repayments. The House bill would create a third-party investigatory process instead. 3183
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