Wednesday, Fisher Communications, Inc. (FSCI) announced y that it has closed on the purchase of the assets of KBAK-TV and KBFX-CA from Westwind Communications, LLC for $55 million in cash. Both stations serve the Bakersfield, California television market.Troy McGuire has been named general manager of the stations, taking over for the retiring Wayne Lansche. McGuire has been Fisher's VP of News since January 2007 and will retain those responsibilities in addition to his new management duties.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.