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Charter Communications Reportedly Buying Time Warner Cable

Charter Communications Reportedly Buying Time Warner Cable wochit Business Time Warner Cable didn't take long to recover from the breakup of its deal with Comcast. The second-largest cable TV provider in the U.S. is close to a deal to be acquired by Charter Communications. The terms according to Bloomberg and CNN Money are for $55 billion in cash and stock. The deal also reportedly include the acquisition of Bright House Networks, another cable tv provider. Cable TV has peaked in terms of customers, as overall subscribers dropped in 2013 — the first time that has ever happened. Comcast and Time Warner are among the hardest hit by this shift.

Nigerian Govt Paying $800 Million to Oil Suppliers to End Fuel Crisis Crippling Economy

Nigerian Govt Paying $800 Million to Oil Suppliers to End Fuel Cris... wochit Business Oil suppliers say Nigeria's outgoing government has agreed to pay $800 million to end a fuel crisis crippling the economy just days before the inauguration of a new president Friday in Africa's biggest oil producer. Chaos reigned Tuesday at Nigerian airports, where most flights were cancelled due to the shortages. Banks closed at lunchtime and cellphone companies warned they would be forced to shut down service countrywide for a lack of diesel to fuel generators. The Independent Petroleum Marketers Association of Nigeria said the finance minister agreed Monday to pay a debt of $800 million to oil suppliers.

300,000 Celebrate Beatification of Salvadoran Archbishop Romero, 35 Years After U.S.-Backed Murder

300,000 Celebrate Beatification of Salvadoran Archbishop Romero, 35... Democracy Now! http://democracynow.org - Thirty-five years ago, Archbishop Óscar Romero was murdered by members of a U.S.-backed death squad while delivering mass in San Salvador, El Salvador. On Saturday, over 300,000 people gathered in the same city to see him beatified, bringing him a step closer to sainthood in the Catholic Church. The recognition has long been opposed by right-wing clerics and politicians. During the ceremony, eight deacons carried Romero’s blood-stained shirt to the altar in a glass case. Archbishop Romero was shot through the heart while delivering mass at a hospital chapel on March 24, 1980. He was reportedly assassinated on the orders of U.S.-backed death squad leader Roberto D’Aubuisson, a graduate of the U.S.-run School of the Americas who went on to form the right-wing ARENA party. We go to San Salvador to speak with Roberto Lovato, a writer and a visiting scholar at UC Berkeley’s Center for Latino Policy Research.

Ireland’s Social Revolution: Traditionally Catholic Nation Makes History with Marriage Equality Vote

Ireland’s Social Revolution: Traditionally Catholic Nation Makes Hi... Democracy Now! http://democracynow.org - In a historic victory for marriage equality, Ireland has become the first country in the world to approve same-sex marriage via popular vote. By a 62-to-38 margin, the people of Ireland voted a resounding "yes" for equality in a national referendum on Friday. This signals what some are calling a "social revolution" in the traditionally conservative Catholic country. Ireland’s constitution will now be amended to say that two people can marry "without distinction as to their sex." The turnout was one of the highest in the country’s history and came after a robust civic campaign led by human rights activists, trade unions, celebrities and employers. Ireland’s referendum reflects a sea change in a country where homosexuality was decriminalized just two decades ago and where 70 percent of the population still identifies as Roman Catholic. We are joined from Belfast, Northern Ireland, by Gavin Boyd, the policy and advocacy manager at The Rainbow Project.

137 Shots, No Convictions: Cleveland Cop Acquitted in Killing of Unarmed African-American Pair

137 Shots, No Convictions: Cleveland Cop Acquitted in Killing of Un... Democracy Now! http://democracynow.org - The national conversation on policing African-American communities is focused on Cleveland today after a major federal settlement and a controversial verdict. The Justice Department has reached an agreement with Cleveland over a pattern of what it calls "unreasonable and unnecessary" force by police. A probe last year found "chaotic and dangerous" abuse across hundreds of incidents. This comes just days after an acquittal in a case that helped launch the probe. On Saturday, Officer Michael Brelo was found not guilty of manslaughter for the fatal shootings of two unarmed African Americans in their car. In November 2012, Brelo was one of 13 officers who fired 137 rounds at Timothy Russell and Malissa Williams after a chase which began when officers mistook a backfiring car for gunshots. Officer Brelo personally fired 49 shots, at least 15 of them at point-blank range through the windshield after he climbed onto the hood of the car.

Charter Communications Nears $55 Billion Deal for Time Warner Cable

Charter Communications Nears $55 Billion Deal for Time Warner Cable wochit Business People familiar with the matter said on MondayTime Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S. cable and broadband market, and marks a triumph for Charter, which was rejected by Time Warner Cable just last year. News of another potential merger comes as the traditional pay television industry faces stagnating growth and new competition from over-the-web rivals offering individual services, like Netflix, or packages of channels, such as Sony.

Oil Company Bonuses Linked to Increases in Extraction Spending

Oil Company Bonuses Linked to Increases in Extraction Spending wochit Business According to the Guardian, Bosses at the world’s big five oil companies have been showered with bonus payouts linked to a $1 trillion increase in spending on fossil fuel exploration and extraction over nine years. The unprecedented push to bring untapped reserves into production, and to exploit new and undiscovered fields, involves some of the most complex feats of engineering ever attempted. It also reflects how confident ExxonMobil, Shell, Chevron, Total and BP are that demand will remain high for decades to come. The big oil groups are pressing ahead with investments even though the International Energy Agency suggested limits on fossil fuel extraction in order to prevent further global warming. Scientists warn that if the earth warms 2 celsius above pre-industrial levels it could lead to permanent climate change.

Espn First Take, Tuesday 26th May 2015

Espn First Take, Tuesday 26th May 2015 Max - ESPN First Take Skip Bayless and Stephen A. Smith debate about the Rockets' win over the Warriors in Game 4, Stephen Curry's injury, Hawks-Cavaliers and more. 1:38 Can the Houston Rockets still win the series ? 11:00 Should Steph Curry have been brought back in the game ? 18:40 Ray McDonald released from the Chicago Bears for another incident 28:40 Does the Cavs/Hawks series finish tonight ? 39:56 Do you think the refs got the call right ? 48:45 Do you agree with the Superbowl 50 odds ? 1:01:37 Do you agree with Lebron James ? 1:12:50 What do you make of Cam Newton's comments ? 1:21:15 What will the final score be tonight ?

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