Oil Extends Declines After Saudi Pledge to Restore Lost Output

Oil prices retreated on Wednesday, extending the previous day’s decline after Saudi Arabia said it would quickly restore full production following last weekend’s attacks on its facilities. Tension in the Middle East remained elevated, however, after Saudi Arabia said it would provide evidence on Wednesday linking Iran to the attacks. The United States had already said it believed the attacks against the world’s top oil exporter originated in southwestern Iran.
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Amazon Expands Chicago Tech Hub and Announces Plans to Create 400 New Tech Jobs

Amazon (NASDAQ: AMZN) today announced an expansion of its Chicago Tech Hub and plans to create 400 new tech jobs in fields including cloud computing, advertising, and business development. To accommodate this job creation, Amazon will expand its office in downtown Chicago by more than 70,000 square feet, allowing the company to double its tech workforce in the city.
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Hearst’s Camp Systems International Agrees to Acquire Inventory Locator Service (ILS) from the Boeing Company

Hearst’s CAMP Systems International has agreed to acquire Inventory Locator Service (ILS) from Boeing, the world's largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. Founded in 1979, ILS provides the largest electronic marketplace for the aviation industry to buy and sell parts, equipment, and services, and offers manufacturers and parts suppliers ways to improve inventory planning and processing.
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Nexstar Media-Tribune Media Deal Approved By FCC, Station Affiliation Deal Renewed With Fox

The Federal Communications Commission has approved the Nexstar-Tribune deal -- valued at $6.4 billion, including debt. The FCC also gave the go-ahead to its TV station divestiture plan related to the deal in order to meet federal regulatory TV station ownership limits. In July, the U.S Justice Department approved the sales. Those sales -- totaling 21 local TV stations-- are to be bought through deals from TV station group Tegna Inc., The E.W. Scripps Co, and Circle City Broadcasting.
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Bertelsmann Trainee Program For Humanities Graduates Enters Third Round

From this week, humanities and social sciences graduates can once again apply for Bertelsmann’s “Creative Management Program.” During the 18-month rotational program, participants gain diverse insights into the international media, services, and education Group’s businesses, including one in another European country. For two years now, Bertelsmann has been offering students yet another opportunity to start a management career at the company.
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Petition Filed to Force Bankruptcy of Colortree Group; More Than $8M Owed to Creditors

On June 3, the Colortree Group abruptly closed its doors without informing employees prior to the closure. Now, the Colortree Group is facing more difficulties as it is confronted with a petition seeking Chapter 7 liquidation, according to a report from Richmond BizSense. The report explains that the involuntary petition was filed in federal bankruptcy court against Colortree on behalf of three companies seeking outstanding payments — Lindenmeyr Munroe, Domtar Corp., and G.E. Richards Graphic Supplies.
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PRINTING United Offers a Bigger, Better, Bolder Experience

As the printing industry continues to evolve, all print service providers (PSPs), no matter their core services, are looking for their next revenue stream, and next avenue for growth and expansion. Convergence — where PSPs offer services and products beyond their traditional scope — is continuing to impact the industry and PRINTING United (Dallas, Oct. 23-25) will help all PSPs, including commercial printers, navigate the waters of this changing industry.
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Next-Generation EFI Fiery Technology Delivers Higher Print Color Quality Plus Controls for Boosted Color Saturation

Electronics For Imaging, Inc. today announced the availability of important advancements in its latest version of Fiery® Color Profiler Suite – integrated color management software that gives digital print producers more power than ever before to get color right every time. Next-generation EFI™ Fiery Edge™ color profiling technology launching in the suite delivers out-of-the-box print quality and color improvements in new Fiery digital front ends (DFEs). Plus, a host of new controls within Fiery Color Profiler Suite tune color to meet customer preferences, such as features to intelligently boost color and adjust shadow detail levels.
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