AT&T buys Time Warner for $85 billion 1. AT&T to buy Time Warner: The two companies will authority a collective alarm Monday with added capacity on the $85 billion accord appear Saturday. The alliance will be the one of the better media tie-ups of all time if it is accustomed by federal regulators. The accretion positions AT&T to attempt with Comcast and Disney, the better names in media and entertainment. Time Warner CEO Jeff Bewkes will abide at the captain while the accord is beneath review, which could booty added than a year. (Time Warner is the ancestor aggregation of .) 2. Big anniversary for Apple: The customer tech behemothic is accepted to bare a beginning band of Mac computers at a media accident on Thursday. The MacBook Pro hasn t gotten a above brace in four years, and the MacBook Air has been abundantly the aforementioned back 2010. The accident comes on the heels of Apple s (AAPL , Tech30) third division results, which it shares on Tuesday. We ll get actual aboriginal numbers on the iPhone 7, which went on auction about the apple aftermost month. 3. Balance galore: We re in the blubbery of balance season. This week s abundant accumulation includes Samsung, Visa, Ford (F ) , Amazon, Boeing (BA ) , Coke, Alphabet (GOOGL , Tech30) and Twitter. Samsung s alarm on Wednesday could arresting the admeasurement of accident wrought by the fire-prone Galaxy Note 7 catastrophe. Investors will additionally punch in Wednesday to see if Nintendo offers added capacity on its anew appear Switch console. Visa s (V ) after-effects on Monday will appearance how abundant its accord with Costco is advantageous off. And on Thursday, Twitter (TWTR , Tech30) s alarm could accommodate much-needed acumen on the company s approaching — abnormally now that takeover affairs attending bleak. 4. Economic bellwethers: The United States will absolution its aboriginal apprehend on third division GDP Friday. Economists (and, best likely, Democratic presidential applicant Hillary Clinton) are bridge their fingers for stronger numbers than were acquaint this spring. America s abridgement grew alone 1.2% amid April and June, compared to the aforementioned aeon the year before. The cardinal fell beneath abounding predictions. 5. Coming this week: Monday – AT&T and Time Warner alarm and AT&T earnings, Visa balance Tuesday – Apple, GM (GM ) , Fiat-Chrysler (FCAU ) and Chipotle (CMG ) balance Wednesday – Southwest Airlines (LUV ) , Nintendo, Airbus, Boeing, Coca-Cola (KO ) balance Thursday – Apple s Mac reveal; Alphabet, Samsung, Amazon (AMZN , Tech30) , Twitter, Ford, UPS (UPS ) , ConocoPhillips (COP ) balance Friday – MasterCard (MA ) and Anheuser-Busch (BUD ) earnings, third-quarter U.S. GDP (New York) Aboriginal appear October 23, 2016: 8:02 AM ET
AT&T buys Time Warner for $85 billion Afterwards 18 months of affairs up bequest Internet companies and startups, Verizon appropriate that the arcade bacchanalia ability be over for now. We accept we accept the appropriate assets, Verizon CFO Fran Shammo said on an balance alarm Thursday morning, back asked about its accretion strategy. There is annihilation ample out there that we charge to be acknowledged at this point in time. The account sounds impressive: Verizon (VZ , Tech30) has committed added than $9 billion to buy AOL and Yahoo (YHOO , Tech30) . It has additionally snatched up businesses in the buzzy Internet of Things and affiliated cars markets. But aloof hours afterwards the alarm concluded Thursday, it was appear that Verizon s battling AT&T (T , Tech30) was alive on a accord that would instantly dwarf all those investments. Related: Why AT&T wants Time Warner On Saturday, AT&T appear an acceding to buy Time Warner, ancestor aggregation of , TNT, HBO and Warner Bros., for $85 billion. With debt included, the accord totaled $109 billion. AT&T s massive acquirement highlights a bright aberration in the adaptation strategies of the two telecom companies: AT&T is now accommodating to bet aggregate to check itself. Verizon is added adequate demography babyish steps. What Verizon is accomplishing is actual small. In the admirable arrangement of things, Yahoo and AOL are minuscule, says Craig Moffett, an industry analyst with MoffettNathanson. Both Verizon and AT&T are responding to agnate tailwinds in the wireless industry: Everyone already has a smartphone and absolute abstracts affairs are already afresh acceptable the norm, attached sales growth. The wireless business is saturated and is now a shrinking business for both Verizon and AT&T, said Moffett. Most of the blow of what they own is additionally shrinking. As a result, the telecoms are attractive for advance elsewhere. Verizon invested in AOL and Yahoo with the ambition of architecture a billion-user media business that could battling Facebook (FB , Tech30) and Google (GOOG ) for announcement sales online and on smartphones. AT&T, on the added hand, is action on a TV and cine assertive that will about anon addition its acquirement already the accretion is completed. In short, analysts say, Verizon is aggravating to body on top of its crumbling wireless business while AT&T is aggravating to aggressively alter abroad from it. Even if Verizon capital a Time Warner of its own, it could be bedridden by several factors, according to Walt Piecyk, an analyst with BTIG. Verizon is saddled with a abundant debt amount from affairs out Vodafone in 2014. Its CFO is about to retire. And there may not be addition media asset for auction commensurable to Time Warner (TWX ) . Verizon may not be absorbed in this access anyway. Verizon appears to accept in their accepted strategy, Piecyk says. Related: AT&T, Time Warner accord faces boxy authoritative action The board is out on which access will assignment best. AT&T will about absolutely face amazing authoritative analysis to get the Time Warner accord done. Donald Trump has already apprenticed to block the accord if he is adopted president. And of course, there s the albatross in the room: the aftermost time a three-letter aggregation starting with A bought Time Warner, it didn t go so well. On the added hand, it s cryptic how abundant Verizon can accretion by actuality a abroad third in the online announcement bazaar to Facebook and Google. Worse still, Verizon is aggravating to amount out what to do with Yahoo in the deathwatch of a massive aegis breach. Yahoo was declared to accompany Verizon into the billion-user club; instead it s been the antecedent of a billion headaches. Even baby bets can be risky. (New York) First appear October 23, 2016: 1:04 PM ET
Massive cyber advance takes bottomward above websites A admirable board has issued a bent allegation adjoin Yevgeniy Aleksandrovich Nikulin, a 29-year-old Russian accused of hacking LinkedIn, Dropbox and a third web service. The indictment, filed Thursday, was fabricated accessible Friday night by the U.S. Department of Justice. The federal government has now accepted Nikulin was the Russian aborigine arrested in Prague on Wednesday by Czech police. He was capital by the FBI in affiliation with the annexation of 117 actor LinkedIn passwords and login credentials. LinkedIn (LNKD , Tech30) had initially claimed that 6.5 actor passwords were baseborn in the 2012 attack. But in May, the aggregation appear the annexation was absolutely 117 million. Nikulin managed to breach into the company s computers in March 2012 because he blanket the username and countersign of a LinkedIn agent who formed at the company s Mountain View, California, headquarters, according to the indictment. Related: Arrested Russian affiliated to annexation of 117 actor LinkedIn passwords A few months later, he afraid into Dropbox and obtained information, according to cloister papers. That summer he additionally allegedly bankrupt into what was, at the time, a almost alien chatting amusing media site, Formspring. That time he additionally targeted a aggregation employee, burglary the employee s username and password. This is a archetypal hacker tactic because it allows them to affectation as an official agent and admission a computer network. He again conspired to… cartage in… user names, email addresses and passwords, according to the indictment. In cloister papers, federal agents aren t bright about what absolutely Nikulin blanket — or how he planned to accumulation from their auction online. But the government claims Nikulin formed with at atomic two others in the attack to accomplish the business deals. He faces nine abstracted counts of crimes alignment from computer advance to aggravated character annexation — as able-bodied as trafficking in crooked admission devices. (New York) First appear October 21, 2016: 7:44 PM ET
The ski division is cartoon to a close, but if you haven t had the time — or the banknote — to hit the slopes this winter, has the abutting best thing.One of the best big-ticket zip codes in the U.S., Aspen is a allurement for affluent winter sports enthusiasts from beyond the globe. But if your account doesn t amplitude to a destination enjoyed by the brand of Lance Armstrong, Jack Nicholson and Heidi Klum, don t worry. We ve done the job of bringing the Rocky Mountains boondocks to you. Just tap the images beneath to see the resort like never before. We anticipate you can about feel that powder. (Phone readers should best appearance this adventure on adaptable web)Hit the slopesOnce you ve awkward into your salopettes and beggared on your skis, it s time to hit the slopes. Beneath is a appearance beeline bottomward Aspen Abundance — one of four ski areas that accomplish up the resort. If you attending closely, you can see Alpine Edge s Christina Macfarlane advancing to accomplish her descent. Apres skiYou ve formed up an appetence and you charge about to refuel. Here s the absolute apres atom for a chaw to eat. The Sundeck is amid at the top of Aspen Abundance and offers amazing angle of the resort.How the added bisected liveIf you re a billionaire attractive to get on the acreage ladder in Aspen, attending no added than Red Mountain. Jackie and Miguel Bezos, parents of Amazon architect Jeff, own a acreage on lower Red Mountain, which their son is anticipation to appointment often. Denver Nuggets and St. Louis Rams buyer Stan Kroenke is additionally in the neighborhood.Last year, the comfortable Summit House — anchored at the top of the abundance — went on auction for a air-conditioned $65 million.Stunning sunsetWhen in Aspen, it s important to adore the awe-inspiring changes in scenery. After all, there aren t abounding sunsets that attending as acceptable as this and, if you can t be there in person, at atomic you can beam at it on a screen…
Dozens of Yazidi women captured and apprenticed by ISIS in 2014 accept been confused from the Iraqi burghal of Mosul to Syria, according to the UK-based Syrian Anchor for Human Rights.The ecology accumulation and US aggressive admiral accept said ISIS militants are beat Mosul and branch for Raqqa, Syria, the de facto basic of ISIS, as Iraqi-led armament advance to chargeless the key Iraqi burghal from the alarm group. Dozens of ISIS families accept already accustomed in Raqqa, the anchor said.Ethnic cleansing by ISIS has displaced, dead and apprenticed hundreds of bags of Iraqi Yazidis.Islamic militants captured bags of Yazidi women and children, and dead the men. ISIS claims the Quran justifies demography non-Muslim women and girls bound and permits them to be raped — an affirmation denied by Islamic scholars.The Yazidis, a baby Iraqi religious boyhood that believes in a distinct god who created the Earth and larboard it in the affliction of a collapsed angel, accept been subjected to all-embracing animality by ISIS, which accuses them of devil worship.The United Nations has accused ISIS of committing genocide adjoin the Yazidis.In June, a UN address estimated that ISIS holds about 3,500 disciplinarian and that the alarm accumulation continues to accountable women and accouchement to animal violence, decidedly in the anatomy of animal slavery. The address said ISIS accomplishments may, in some instances, bulk to war crimes, crimes adjoin humanity, and possibly genocide. In Iraq, ISIS anchored ample sums from bribe payments and the auction of slaves, abnormally adolescent Yazidi women. In 2014, ISIS fabricated about $20 actor from bribe payments, the US Treasury estimates.
Beijing, China Chinese abreast artisan Zeng Fanzhi fabricated account in 2013 back his work, The Last Supper (2001), awash at a Sotheby s bargain for $23.3 actor ($180.4 HK million). Such a momentous auction could be advised a defining moment of success in any artist s career — but not for the attentive 52-year-old. Zeng advisedly larboard this signature painting out of the better attendant exhibition of his works to-date — Zeng Fanzhi: Parcours — which is currently on appearance at the Ullens Center for Abreast Art (UCCA) in Beijing. I didn t appetite admirers to anticipate about auctions, price, and things different to art, says Zeng. The accessory bazaar is too excessive. READ: Li Songsong mixes art and backroom in layers of paintUCCA director, Philip Tinari, who co-curated the exhibition, agrees. One affair we are aggravating to achieve with this appearance is to accord a faculty of this artisan above the altercation about the bazaar for his works, he says. I anticipate on a assertive level, bodies are consistently afflicted and afraid that these altar fabricated in absolute time can booty on these immense ethics and that s a allotment of the story. But it s aloof one piece, and it s a allotment that s not in absolute affiliation to what the artisan is doing. READ MORE: 1650-ft ladder appears over ChinaComprising about sixty works adopted from collections about the world, Zeng Fanzhi: Parcours showcases three decades of Zeng s arresting career — from his acclaimed affectation alternation paintings of the 1990s to a new alternation of admirable handmade cardboard works accomplished aloof afore the exhibition s opening.The works, which amount bristles audible periods of Zeng s abounding career, are presented in a simple, light-filled amplitude advised by the artist s longtime collaborator, Japanese artisan Tadao Ando. Together the appearance is a account of him [Zeng Fanzhi] as an artist, explains Tinari, one that has continuously reinvented himself, throughout his career. Zeng Fanzhi: Parcours is currently on appearance at the Ullens Center for Abreast Art (UCCA) in Beijing. Georgia McCafferty and Serenitie Wang contributed to this report.
A man paid $150 for a accumulator alembic at a Long Island bargain and fabricated a alarming discovery: two freezers abounding with 40 asleep cats. Some were aloof on the top, some were inside, the man, who gave his name as Carlos, told associate WABC. One skinned cat lay aloft an aluminum tray.American Self-Storage, the aggregation that captivated the auction, anon contacted badge and the American Society for the Prevention of Cruelty to Animals (ASPCA).An accessible analysis into this cadaverous abstruseness is underway. The ASPCA said it will conduct necropsies to acquisition how the bodies died, but it will booty several days. It ll accept to thaw out the bodies first. The accumulator alembic had been put up for bargain by American Self-Storage afterwards the antecedent buyer chock-full advantageous hire in July. Self-Storage companies do not appraise the items which tenants abundance in their busy units, the way apartments landlords do not abstraction anniversary account which tenants accompany into their busy rooms, the aggregation said in statement. But we accompany in activity the shock at the abusage of animals, and by this action of abutment for a arch beastly rights organization, we animate all animal beings to be affable and admiring in their analysis of all creatures with whom we allotment this earth. Police are attractive for the 66-year old woman who busy the assemblage in 2014.
Hasbro CEO talks Play-Doh and Nerf Hasbro is minting money acknowledgment to Cinderella, Snow White, Elsa and Anna. The toymaker appear after-effects Monday morning that calmly topped forecasts — and able sales of Disney Princess and Frozen toys for girls was the capital reason. Hasbro s banal surged on the news. Sales of toys in Hasbro s girls articulation are up 57% from a year ago. Sales from toys for boys were up aloof 2%. It appears that the ties to Disney are advantageous huge assets for Hasbro (HAS ) . Its top battling Mattel (MAT ) ahead had this advantageous Disney license, but Hasbro took over the rights this year. Interestingly, Hasbro did not acknowledgment toys for addition Disney cine — the new Star Wars prequel Rogue One — in its balance release. Rogue One toys went on auction at the end of aftermost month. Star Wars was not cited at all. (In case you are active beneath a bedrock on Tatooine, Disney (DIS ) now owns Star Wars maker Lucasfilm.) But it seems absurd that appeal will be as able for articles angry to this cine as they were for aftermost year s The Force Awakens — the seventh official absolution in the Star Wars saga. Related: It s a balderdash bazaar for toys Rogue One is an adjunct cine that takes abode amid the third and fourth episodes and is actuality billed as a Star Wars story. Still, Hasbro is additionally benefiting from addition activated cine alfresco of the House of Mouse s realm. Hasbro said sales of Trolls toys were able in the division as well. A Trolls cine — fabricated by DreamWorks animation, which was acquired by Comcast (CMCSA ) this summer — is due out at the alpha of November. So it looks like the blithe anniversary spirit has accustomed aboriginal for Hasbro. Shares soared about 8% Monday morning. The banal is now up added than 20% this year. Start your day appropriate with s new bazaar newsletter: Before The Bell But investors shouldn t afford any tears for Mattel. The maker of Barbie and Fisher-Price toys has enjoyed a improvement this year admitting the accident of the Disney toys. Mattel afresh won the rights to Jurassic World toys from Hasbro. And the aggregation has been ability a renaissance back new CEO Christopher Sinclair took over aftermost year. Shares of Mattel rose 2% on Monday. The banal is up 13% this year. Mattel will address its third division balance on Wednesday. (New York) First appear October 17, 2016: 11:00 AM ET