Merger for new media era or a bad remake?
An AT&T-Time Warner mega-deal could create a new kind of media-tech firm in an age where consumers get content Netflix-style, when they want it on any device. The deal unveiled Saturday aims to make AT&T a powerhouse positioned for a sector facing major technology changes. The stock-and-cash deal worth $108.7 billion including debt gives a value of $84.5 billion to Time Warner, which includes the Warner Bros. studios in Hollywood and an array of TV assets such as HBO and CNN, rights to sporting events including basketball and baseball and a major video game publisher.
Ballot selfies: A look at where they are allowed or not
Secrecy in the voting booth has become a thing of the past for those ready to share their views and daily lives on social media, but laws nationwide are mixed on whether voters are allowed to take pictures of themselves voting and their ballots. How states handle the question :
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Oil prices drop as Iraq says doesn't want to join OPEC cut
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work. Brent crude futures were trading at $51.59 per barrel at 0133 GMT, down 19 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude was down 22 cents, or 0.4 percent, at $50.63 a barrel.
AT&T acquisition of Time Warner may avoid FCC oversightAT&T Inc may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telcommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed $85.4 billion deal to buy Time Warner Inc . Dallas-based AT&T said late Saturday the deal would need approval of the U.S. Justice Department and the companies were determining which Time Warner U.S. Federal Communications Commission licenses, if any, would transfer to AT&T as part of the deal. Any such transfers would require FCC approval.
Average gasoline price down 4 cents to $2.25 a gallonThe average price of gasoline in the U.S. has dropped four cents over the past two weeks to $2.25 for regular grade. Industry analyst Trilby Lundberg said Sunday it's the first time the price dropped in ...
Venezuelan assembly declares 'coup' by Maduro govt
Venezuela's opposition-majority legislature declared that President Nicolas Maduro's government had committed a coup d'etat by blocking a referendum on removing him from power, vowing mass protests and international pressure. The measure came during an emergency session on the economic and political crisis gripping the South American oil giant, which briefly descended into chaos when a group of Maduro supporters forced its way past security guards and burst into the National Assembly, causing lawmakers to halt the proceedings for 45 minutes.
Clinton calls Trump a 'sore loser'
By Luciana Lopez and Emily Stephenson CHARLOTTE, N.C./NAPLES, Fla. (Reuters) - Democratic presidential candidate Hillary Clinton called Donald Trump a "sore loser" on Sunday because of his refusal at their debate last week to commit to accepting the results of the Nov. 8 election. Clinton, a former secretary of state, said Trump's comments were more consistent with what dictators in non-democratic countries might say about their opponents. "To say you won?t respect the results of the election, that is a direct threat to our democracy," Clinton told a rally at the University of North Carolina at Charlotte.
Asian stocks subdued, dollar hovers near nine-month high
Asian stocks were subdued early on Monday after Wall Street's sluggish performance at the end of last week, while the dollar hovered near nine-month highs as fresh comments from a Federal Reserve official boosted bets of a rate hike by year-end. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent. Japan's Nikkei stood little changed, while South Korea's Kospi gained 0.4 percent.
Chargers beat Falcons 33-30 in OT on Lambo's 42-yard FG