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FCC confirms approval of Charter, Time Warner Cable merger

May 8, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission confirmed on Friday that it had voted to approve Charter Communications Inc's acquisitions of Time Warner Cable Inc and Bright House Networks. Tom Rutledge, president and chief executive of Charter, said in a statement Friday that the transactions have

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FCC confirms approval of Charter, Time Warner Cable merger

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Judge leans Redstone’s way in trial over media mogul’s mental state

May 8, 2016 by · Leave a Comment 

A judge called Sumner Redstone's deposition “strong evidence” that the media mogul knew what he was doing when he ejected an ex-girlfriend from his life, suggesting Redstone has the upper hand in a trial over his mental competence that began on Friday. Although the 92-year-old billionaire, who has majority control of media companies Viacom and CBS, had…

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Judge leans Redstone’s way in trial over media mogul’s mental state

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Saudi Arabia names Khalid al-Falih energy minister to replace Naimi

May 8, 2016 by · Leave a Comment 

By Rania El Gamal and Reem Shamseddine DUBAI/KHOBAR, Saudi Arabia (Reuters) – Saudi Arabia, the world's largest crude oil exporter, on Saturday appointed Khalid al-Falih, chairman of the state oil giant Saudi Aramco, as its new energy minister, replacing Ali al-Naimi, who had held the post since 1995. The change is unlikely …

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Saudi Arabia names Khalid al-Falih energy minister to replace Naimi