Business & Economy
Associated Press/Photo by Mark Lennihan

Judge approves AT&T, Time Warner merger

by Kiley Crossland
Posted 6/13/18, 11:26 am

A federal judge on Tuesday approved AT&T’s merger with Time Warner, rejecting the U.S. government’s argument that it would hurt competition and force consumers to pay hundreds of millions of dollars more to stream TV and movies. U.S. District Judge Richard Leon announced the ruling on Tuesday, concluding one of the biggest antitrust trials in recent years. The $85 billion merger will allow AT&T to absorb the owner of CNN, HBO, and the Warner Bros. movie studio.

Read more

Associated Press/Photo by Marcio Jose Sanchez

Facebook to up security, launch dating service

by Kiley Crossland
Posted 5/02/18, 12:15 pm

Facebook CEO Mark Zuckerberg outlined new changes to Facebook on Tuesday at the company’s annual developer conference in San Jose, Calif. The 35-minute presentation was Zuckerberg’s first unapologetic appearance after six weeks of damage control over the Cambridge Analytica scandal involving the research company’s access to users’ data without their knowledge. Zuckerberg reiterated the company is making large investments in safety and security, including a new feature that allows users to clear their browsing history from the platform.

Read more

Associated Press/Photo by Julie Jacobson (file)

Gun-maker Remington going bankrupt

by Lynde Langdon
Posted 3/26/18, 12:47 pm

Remington, the U.S. gun-maker with a history dating back to 1816, filed for Chapter 11 bankruptcy protection Sunday, citing mounting debts and declining sales. Several trends contributed to the company’s downfall, including the consolidation of gun ownership in the United States. A recent study by Harvard and Northeastern universities found 3 percent of the population owns half of the country’s guns, making the market volatile.

Read more