Dallas, TX and New York City, NY…AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]
Washington, DC… Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new […]
Palo Alto, CA… Yesterday Tesla released that they will be installing self driving hardware on all new vehicles. Details from Tesla are as follows: Self-driving vehicles will play a crucial role in improving transportation safety and accelerating the world’s transition to a sustainable future. Full autonomy will enable a Tesla to be substantially safer than […]
Stockholm, Sweden…Today Professor Sara Danius, the Permanent Secretary of the Swedish Academy made the announcement for the 2016 Nobel Prize in Literature. The Nobel Prize in Literature 2016 was awarded to Bob Dylan “for having created new poetic expressions within the great American song tradition”. Bob Dylan was born on May 24, 1941 in Duluth, […]
San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]
Washington, DC…The State Department is deeply committed to protecting and strengthening the rights of girls worldwide, and on this fifth annual International Day of the Girl, we recognize that addressing the distinct challenges facing girls, particularly adolescent girls, is critical to our ability to achieve U.S. foreign policy goals, including gender equality. Poverty, gender-based violence, […]
Suwon, South Korea…Samsung Electronics announced a global replacement program and recall for the Galaxy Note7 as a precautionary measure due to a battery cell issue. Since the launch of the Galaxy Note 7 there have been hundreds of world wide reports of the device having critical battery failure and fires. Since then, Samsung has been […]
Washington, DC…The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $40.7 billion in August, up $1.2 billion from $39.5 billion in July, revised. August exports were $187.9 billion, $1.5 billion more than July exports. August imports were $228.6 billion, […]
Washington, DC…In the week ending October 1, the advance figure for seasonally adjusted initial claims was 249,000, a decrease of 5,000 from the previous week’s unrevised level of 254,000. The 4-week moving average was 253,500, a decrease of 2,500 from the previous week’s unrevised average of 256,000. This is the lowest level for this average […]
Washington, DC…Our Secretary of State John Kerry released this statement yesterday- Nearly 200 nations made history in Paris last December, when they came together around the most ambitious, inclusive climate agreement ever negotiated. I was honored to represent the United States in those negotiations and to be in the conference hall as the text was […]
