Government Shutdown Is Averted, Last Minute Spending Bill Approved

Negotiators reach an agreement last night to fund the government through September, avoiding a government shutdown. Friday, Congress passed a stopgap funding bill that kept the government open for another week, giving lawmakers until midnight May 5th to try to reach a compromise on legislation to fund the government through fiscal 2017, which ends September 30th. There could be a fight brewing to buy Tribune Media (TRCO) - Get Report . Blackstone would provide the cash for the acquisition while FOX (FOX) - Get Report  would add all its owned and operated television stations to the joint venture. Sinclair Broadcasting group (SBGI) - Get Report  also reportedly made a bid for Tribune. UPS (UPS) - Get Report  maintenance workers are turning up the pressure on the company. Reuters reports they will go on strike if their 3 year old contract dispute isn't resolved soon. They reportedly will protest at the UPS shareholder meeting Thursday.