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Technology, Media & Telecommunications Headlines

LPC: Bank lending undeterred by busted U.S. mergers

NEW YORK Banks losing fees from a string of mega-mergers scuttled by U.S. antitrust rulings are still eager to extend loans to investment-grade companies seeking big tie-ups, in the hope they will ultimately profit by winning business down the road.    

NYSE plans trial run for Snap IPO

The New York Stock Exchange will conduct a trial run of Snap Inc's initial public offering on Saturday, according to a notice given last week to stock traders, in anticipation of what is expected to be the biggest U.S. technology IPO in nearly five years.

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Democrats pick Perez to lead party against Trump

ATLANTA U.S. Democrats elected former Labor Secretary Tom Perez as chairman on Saturday, choosing a veteran of the Obama administration to lead the daunting task of rebuilding the party and heading the opposition to Republican President Donald Trump. | Video