AT&T agrees to buy Time Warner in over $80 bn deal: banking source
Telecom giant AT&T has struck a deal to buy entertainment company Time Warner for more than $80 billion, to add in-house content to its distribution services, a banking source familiar with the negotiations said Saturday. An official announcement is expected before Monday's trading session on Wall Street. AT&T is the second-largest US wireless carrier and third-largest cable TV provider in the United States, while Time Warner controls a valuable stable of entertainment content suppliers, including Warner Bros. film and TV studios, the HBO television production group, cable news giant CNN, and the TNT and TBS cable channels.
Lewis Hamilton wins pole position at US Grand Prix
Clement carries No. 10 Wisconsin to 17-9 win over Iowa
Venezuela braces for turbulence after recall is stalled
Cameroon train crash kills more than 70, injures 600
ESEKA, Cameroon (AP) ? Authorities in Cameroon rushed more than 600 injured people to hospitals in the country's two main cities Saturday in an effort to save lives a day after an overcrowded train derailed, killing more than 70 people.
Emails show Clinton campaign weighing Keystone XL decision
Hacked emails show Hillary Clinton's campaign wrestled with how to announce her opposition to construction of the Keystone XL pipeline without losing the support of labor unions that supported the project. ...
Jackson has 4 TDs, No. 7 Louisville routs NC State 54-13
LOUISVILLE, Ky. (AP) ? Lamar Jackson broke a school single-season record with four first-half touchdowns, Louisville had three interceptions and the seventh-ranked Cardinals burst past North Carolina State 54-13 on Saturday.
Clashes, artillery fire hit Aleppo after truce expires
Heavy clashes erupted between regime and rebel forces in Syria's divided city of Aleppo late Saturday after a unilateral ceasefire announced by government ally Russia expired. Moscow had extended the unilateral "humanitarian pause" into a third day until 1600 GMT Saturday, but announced no further renewal of the truce despite a UN request for longer to evacuate wounded civilians. The Syrian Observatory for Human Rights reported fierce fighting in several areas along the front line dividing the city, with three people wounded by shelling of the rebel-held Salaheddin and Al-Mashhad districts.
Comic's comic Kevin Meaney has died at age 60FORESTBURGH, New York (AP) ? Kevin Meaney, a comic's comic who worked the standup circuit, was a staple on late-night TV and starred in the short-lived 1990s CBS series "Uncle Buck," has died at age 60, his agent said Saturday.
AT&T set to announce $85 billion Time Warner purchase
AT&T Inc is set to announce as early as Saturday an $85 billion deal to buy Time Warner Inc , sources familiar with the matter said, giving the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. Telecommunications companies have been looking for quality content to stream over their high-speed networks, hoping to attract a growing group of viewers who want to ditch traditional pay-TV packages in favor of streamlined offerings or watching online. AT&T will pay $110 per Time Warner share, half in cash and half in stock, worth about $85 billion overall, sources told Reuters.