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Reuters: Business News is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial in


Asian stocks subdued, dollar hovers near nine-month high

Sun, 23 Oct 2016 21:09:37 -0400

TOKYO (Reuters) - 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.(image)

AT&T-Time Warner deal sparks calls for scrutiny in Washington

Sun, 23 Oct 2016 19:31:33 -0400

WASHINGTON (Reuters) - AT&T Inc's proposed $85 billion takeover of Time Warner Inc generated skepticism among both Democrats and Republicans on Sunday, making it more likely that regulators will closely scrutinize the effort to create a new telecommunications and media giant.(image)

Oil prices drop as Iraq says doesn't want to join OPEC cut

Sun, 23 Oct 2016 21:08:15 -0400

SINGAPORE (Reuters) - 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.(image)

For AT&T, Time Warner was always on the menu

Sun, 23 Oct 2016 18:22:59 -0400

NEW YORK (Reuters) - When Time Warner Inc's Jeff Bewkes welcomed AT&T Inc's Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting was supposed to be one of the catch-ups the two chief executives have had over the years.(image)

U.S. options market not very 'Trumped up' ahead of vote

Sun, 23 Oct 2016 20:04:48 -0400

NEW YORK (Reuters) - Prospects that the presidential election will inject a hefty dose of volatility into U.S. stock markets are fading fast as Republican Donald Trump's victory odds lengthen.(image)

AT&T-Time Warner may signal start of new media industry consolidation

Sun, 23 Oct 2016 17:39:26 -0400

WASHINGTON/NEW YORK (Reuters) - The tie-up of AT&T Inc and Time Warner Inc , bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.(image)

Companies urged to use multiple vendors in wake of cyber attack

Sun, 23 Oct 2016 21:40:37 -0400

(Reuters) - Companies can reduce the risk from the type of cyber attack that took out major websites on Friday by using multiple vendors for the critical internet service known as a domain name service, or DNS, companies and security experts said on Sunday.(image)

Wells Fargo's corporate responsibility chair resigns from private equity firm

Sun, 23 Oct 2016 20:09:23 -0400

NEW YORK (Reuters) - Federico Pena, a member of Wells Fargo’s board of directors and chairman of its corporate responsibility committee, has resigned from an advisory position with Vestar Capital Partners, a private equity firm.(image)

Senate committee on antitrust to 'carefully examine' AT&T-Time Warner deal

Sun, 23 Oct 2016 10:57:33 -0400

WASHINGTON (Reuters) - An acquisition of Time Warner Inc by AT&T Inc. could raise significant antitrust issues that the U.S. Senate committee on antitrust would carefully examine, the chairman and ranking member of the committee said Sunday.(image)

Rockwell broadens its reach with $6.4 billion purchase of B/E Aerospace

Sun, 23 Oct 2016 18:17:52 -0400

(Reuters) - After two years of looking to expand, aircraft component maker Rockwell Collins Inc has struck a deal to buy aircraft interior maker B/E Aerospace Inc for $62 a share in cash and stock, the companies said on Sunday.(image)