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FCC will not say if agency will review AT&T purchase of Time Warner

October 27, 2016 by · Leave a Comment 

U.S. Federal Communications Commission Chairman Tom Wheeler on Thursday declined to say if he thinks the commission will review AT&T's proposed $85.4 billion purchase of Time Warner Inc. At a press conference, Wheeler called questions hypothetical, since nothing has been filed. Some analysts have suggested that since Time Warner only holds one broadcast license and some satellite licenses that the transaction could avoid a full-scale review by the FCC. “We ought to see how things develop,” Wheeler said, declining to …

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FCC will not say if agency will review AT&T purchase of Time Warner

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Venezuela’s Maduro says oil producers close to output cap deal

October 23, 2016 by · Leave a Comment 

BAKU/DUBAI (Reuters) – Venezuelan President Nicolas Maduro was quoted on Saturday as saying that OPEC and non-OPEC nations were “very close” to an agreement on oil production curbs, Azerbaijan's state news agency Azertag reported

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Venezuela’s Maduro says oil producers close to output cap deal

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AT&T to buy Time Warner for $85 billion, create telecom-media giant

October 23, 2016 by · Leave a Comment 

AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing number of online viewers. The …

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AT&T to buy Time Warner for $85 billion, create telecom-media giant

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More than 25,000 Madoff victims now eligible for $4 billion fund

May 19, 2016 by · Leave a Comment 

The overseer of a $4 billion U.S. Department of Justice fund for victims of Bernard Madoff's Ponzi scheme said he expected to recommend payouts for at least 25,280 claimants with nearly $4 billion in fraud losses. Richard Breeden, special master of the Madoff Victim Fund, said in an update on his website this week that his office was “substantially” finished with the initial claims review process, having analyzed 63,580 claims covering $67.8 billion of alleged losses…

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More than 25,000 Madoff victims now eligible for $4 billion fund

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Bayer makes move for Monsanto in global agrichemicals shakeout

May 19, 2016 by · Leave a Comment 

By Greg Roumeliotis and Mike Stone NEW YORK (Reuters) – German drug and chemicals giant Bayer AG has made an unsolicited takeover offer for Monsanto Co, the world's biggest seed company, as high inventories and low commodity prices spur consolidation in the global agrichemicals industry. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither released proposed deal terms. With Monsanto …

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Bayer makes move for Monsanto in global agrichemicals shakeout

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Charter Communications completes purchase of Time Warner Cable

May 19, 2016 by · Leave a Comment 

Charter Communications Inc said Wednesday it has completed its acquisition of Time Warner Cable Inc and Bright House Networks LLC, creating the second-largest U.S. broadband provider and third-largest pay TV provider. The combination of Charter, TWC and Bright House will serve over 25 million customers in 41 states. The completion of the deals came days after Charter won final regulatory approvals, about a year after the transactions were announced.

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Charter Communications completes purchase of Time Warner Cable