Trump is threatening broadcast station licenses – what that means, and how it all works

Networks like Disney’s ABC, Paramount Skydance’s CBS, Comcast Corp.’s NBC and Fox Corp.’s Fox are part of a system beholden to licensing over-the-air spectrum from the government.
RFK Jr.’s vaccine panel weakens Covid shot recommendations, calling it an individual decision

The group also voted to emphasize that the Covid vaccine is beneficial for those at high risk of severe illness from the disease.
Former Disney CEO Eisner backs Jimmy Kimmel, blasts FCC ‘intimidation’ of ABC

Disney and ABC have faced criticism for bowing to pressure from Federal Communications Commission Chairman Brendan Carr in benching Jimmy Kimmel.
Steve Bannon floats idea of Bessent running both Treasury and the Fed

White House confidante Steve Bannon has an unusual solution for who should take over as Federal Reserve Chair Jerome Powell next year.
The chart on UPS has become so bad that it’s good, says Carter Worth

Chart strategist Carter Worth breaks down the technical outlook on UPS.
Judge tosses Trump’s $15 billion suit against NY Times as ‘improper,’ allows refiling

Judge Steven Merryday noted that President Trump’s defamation lawsuit against The New York Times “consumes” 85 pages.
Ted Cruz compares FCC Chair Carr to Mafia boss in Jimmy Kimmel warnings

Republican Sen. Ted Cruz of Texas sharply criticized Federal Communications Commission Chairman Brendan Carr over his comments related to Jimmy Kimmel.
Elon Musk’s xAI raising $10 billion at $200 billion valuation: sources

The fundraising comes weeks after Musk raised $10 billion in debt and equity at what was believed to be a roughly $150 billion valuation, according to Faber.
Miran says he doesn’t see tariffs causing inflation, putting him in minority on Fed committee

Federal Reserve Governor Stephen Miran spoke on CNBC’s “Money Movers” on Friday.
Stocks making the biggest moves midday: Brighthouse Financial, Lennar, Apple, FedEx and more

These are the stocks posting the largest moves in midday trading.