After two days of “people close to situation” leaking information about a possible merger between AT&T and Time Warner Inc., the two companies have confirmed the deal which is valued at around $85 billion.
According to “a person familiar with the matter,” Dick’s Sporting Goods picked up the U.S. business and intellectual property of bankrupt specialty retailer Golfsmith for $70 million, as expected.
This morning, the world woke to find out that AT&T and Time Warner were getting cozy and maybe thinking about moving in together.
It seems like every time a major pay-TV company has to renew its contract with a big cable/broadcast network, customers have to sit through ugly media campaigns from both sides threatening blackouts.
Hey, remember the ATM liability shift? You know, how MasterCard’s liability shift means that the operator of any ATMs not equipped with EMV (computer chip) card readers by October of this year would be liable for fraud, and not the credit card network.
It’s already illegal for New York residents to list their unoccupied apartments on Airbnb for less than 30 days, but now it’s illegal and it could cost them: Governor Andrew Cuomo on Friday signed into law a measure that penalizes hosts up to $7,500 for such listings. NBC New York reports that the restrictions build on previous laws in the state and aim to ensure needed housing isn’t taken off the market in the city.
Your Friday night plans have just been validated by science: a new study finds that eating cheese with wine makes wine taste better.
When Tom Wheeler was appointed FCC Chair in 2013, some questioned whether a former frontman for both the cable and telecom industries could possibly keep consumers’ needs in mind when dealing with the companies he’d known intimately for decades.
First planes, now trains: the Samsung Galaxy Note 7 is no longer welcome on Amtrak. The company announced the update on Twitter, saying the recalled devices are not permitted on Amtrak trains, as well as on thruway buses, stations, and platforms, because of the risk that they’ll catch fire.
Something as simple and routine as a blood test can have life-changing consequences, and some patients whose test results from medical startup Theranos were later found to be inaccurate faced stress and worry, had to be re-tested, and made life-altering medical decisions based on wrong information.
One of the easiest — and less messy — ways to decorate for any holiday is to slap a few plastic clings to your windows, and if those decorations happen to include lights, even better.
If you were worried that a walkout at two Jim Beam distilleries in Kentucky was going to threaten supplies of whiskey, rest easy: striking workers voted today to accept a new contract from parent company Beam Suntory.
What drove the mortgage bubble in the years leading up to the 2008 financial crisis wasn’t just ill-prepared home-buyers signing on to subprime, adjusted-rate mortgages they couldn’t afford, or the lenders who effectively gave up on underwriting these loans so as to bundle and resell as many of them as possible.
Though rumors have been swirling that luxury brands Burberry and Coach are considering a merger — leading to a spike in both companies’ stock prices — inside sources say there aren’t any active discussions happening between the two companies at the moment.
While we’ve heard numerous reports of Samsung smartphones and tablets overheating and catching fire — sometimes destroying property and injuring customers — now Apple is on the receiving end of at least one similar report. Apple says it has opened an investigating into the alleged fire of an iPhone 7 device in Australia, Business Insider reports.
There’s a lot of important stuff going on in the news right now — the baseball playoffs, the split-up of Brad and Angelina, the pedestrianization of Norwich City Centre… and probably something else that’s obvious but slipped our mind.
This year marks the 50th anniversary of the Slurpee, which grew along with 7-Eleven to become the preeminent frozen sugary beverage in this country, and perhaps in the world.
Alaska Airlines’ proposed $4 billion merger with Virgin America is taking longer than either airline anticipated. Days after the companies’ targeted merger completion date passed, federal regulators continue to probe the validity and affect the merger would have on competition. The Wall Street Journal reports that the Justice Department’s prolonged review of the merger could be a signal that regulators are worried that airline consolidation — which came under increased scrutiny last year — has taken too much of a toll on competition in the industry.
McDonald’s is probably patting itself on the back right about now: the Golden Arches managed to beat earnings expectations and also achieved solid growth in same-restaurant sales for the most recent quarter.
There are a growing number of pirated live video streams available online, giving viewers unauthorized access to pay-TV, pay-per-view events, and other feeds.