Dec 22, 2017

Sinclair gives bonuses to employees after tax bill

Kim Hart, author of Cities

AP Photo/Steve Ruark, File

Sinclair Broadcast Group said Friday it will be giving nearly 9,000 employees a special $1,000 bonus, joining other companies including AT&T and Comcast offering bonuses after Congress passed the tax bill this week.

Why it matters: The companies offering employee bonuses are taking advantage of a good PR opportunity while also fostering their relationship with Republicans in Washington. As with AT&T, Sinclair is in the middle of trying to get a big acquisition approved by regulators. The FCC is reviewing it's proposed $3.9 billion acquisition of Tribune Media Co.

Real talk: Sinclair's offer amounts to $9 million, a drop in the bucket for the broadcaster that's likely about to get much larger. Just yesterday, the FCC slapped Sinclair with a $13 million fine for failing to disclose the sponsors of paid programming aired on its stations.

Go deeper

U.S. cities crackdown on protests against police brutality

Photo: Megan Jelinger/Anadolu Agency via Getty Images

Major U.S. cities have implemented curfews and called on National Guard to mobilize as thousands of protesters gather across the nation to continue protesting the death of George Floyd.

The state of play: Hundreds have already been arrested as tensions continue to rise between protesters and local governments. Protesters are setting police cars on fire as freeways remain blocked and windows are shattered, per the Washington Post. Law enforcement officials are using tear gas and rubber bullets to try to disperse crowds and send protesters home.

Trump to invite Russia and other non-member G7 countries to summit

President Trump at Cape Canaveral, Florida, on Saturday. Photo: Saul Martinez/Getty Images

President Trump told reporters on Saturday evening he would postpone the G7 summit to September and expand the meeting to more nations that are not members of the Group of 7.

Details: Trump said he would invite Russia, South Korea, Australia and India to the summit, according to a pool report. "I don’t feel that as a G7 it properly represents what’s going on in the world. It’s a very outdated group of countries," he said.

Updated 1 hour ago - Politics & Policy

George Floyd protests: What you need to know

Thousands of protesters march in Denver, Colorado, on May 30. Photo: Michael Ciaglo/Getty Images)

Curfews are being imposed in Portland, Oregon, and Cincinnati, while the governors of Georgia, Kentucky, Ohio and Texas activated the National Guard following unrest in the states, per AP.

The big picture: Floyd's fatal run-in with police is the latest reminder of the disparities between black and white communities in the U.S. and comes as African Americans grapple with higher death rates from the coronavirus and higher unemployment from trying to stem its spread.