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US auto worker strike hits October industrial production

US industrial production declined more than expected in October, with the auto workers strike exerting downward pressure on a range of market groups, the Federal Reserve said Thursday.Among the major market groups, output was mixed, with the impact of strike action "exerting downward pressure on a number of categories," including the index for consumer durables, which fell 5.8 percent.
Bernard Yaros Federal Reserve United Auto Workers Oxford Economics Industrial Production Uaw Strike
Source: yahoo.com

iHeartMedia Buys Equity's Atlantic City Cluster

IHEARTMEDIA is buying Hot AC WAYV/ATLANTIC CITY, Top 40/Rhythmic WZBZ (99.3 THE BUZZ)/PLEASANTVILLE-ATLANTIC CITY, Classic Rock WZXL/WILDWOOD, NJ, and R&B WTTH/MARGATE CITY-ATLANTIC CITY from EQUITY COMMUNICATIONS for an undisclosed price.“iHEARTMEDIA is the multiplatform leader in audio built on the power of radio, and this acquisition underscores our commitment to broadcast radio’s continued growth and success as the no. 1 reach medium in the U.S. These stations have a long ...
Perry Michael Simon Heartmedia Buys Equity Atlantic City Perry Michael Classic Rock Market Groups

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