AT&T says selling DirecTV, Turner would ‘destroy’ value of Time Warner merger
WASHINGTON (Reuters) – AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV unit or Turner networks as part of approving its proposed $85.4 billion acquisition of Time Warner Inc.
Twitter urges all users to change passwords after glitch
(Reuters) – Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some to be stored in readable text on its internal computer system rather than disguised by a process known as “hashing”.
CBS tops estimates on healthy ad sales
(Reuters) – CBS Corp , which is in tough merger talks with Viacom Inc , topped revenue and profit estimates on Thursday, helped by healthy ad sales and higher revenue from affiliate and subscription fees.
TransCanada to start work on Keystone XL in Montana in fall 2018: letter
WASHINGTON/CALGARY, Alberta (Reuters) – TransCanada Corp plans to start preliminary work on its Keystone XL pipeline project in Montana in the fall of 2018 ahead of full construction in 2019, according to a letter from the U.S. State Department to Nat…
Twitter urges users to change passwords after computer glitch
(Reuters) – Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some of them to be stored in plain text on its internal computer system.
S&P drops as weak earnings offset strong economic data
NEW YORK (Reuters) – The S&P 500 ended lower on Thursday after a choppy session as disappointing earnings reports from several companies offset strong economic data.
Hedge fund heaps criticism on Tesla after Musk’s conference call
NEW YORK (Reuters) – A small hedge fund manager who has long been betting against Tesla Inc on Thursday redoubled his call for the stock to fall to zero, comments that came as investors were already hammering the electric car maker.
Sprouts ended Amazon Prime Now delivery partnership on May 1
LOS ANGELES (Reuters) – Sprouts Farmers Market Inc said on Thursday it ended its Prime Now delivery partnership with Amazon.com on May 1 and cut its full-year sales targets, sending shares of the U.S. supermarket chain down almost 12 percent.
Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal
WASHINGTON (Reuters) – The U.S. Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen AG Chief Executive Martin Winterkorn, accusing him of conspiring to cover up the German automaker’s diesel emissions chea…
Last-minute Weinstein Co bidder returns with higher offer
WILMINGTON, Del. (Reuters) – Broadway producer Howard Kagan said he has raised his last-minute bid for the Weinstein Company in another push to acquire the TV and film producer, which filed for bankruptcy in the wake of harassment claims against co-fou…
