Posts Tagged Government and politics

Comcast deal may be dead, but cable consolidation will go on

This Feb. 11, 2011 file photo shows the Comcast logo on one of the company's vehicles, in Pittsburgh. Wall Street appears increasingly convinced Comcast’s $45.2 billion purchase of Time Warner Cable is dead.  telling indicator is the gap between the value Comcast’s all-stock bid assigned to each Time Warner Cable share and Time Warner Cable stock’s current price. That was at its widest point yet Thursday, April 23, 2015, a signal that investors are giving just 20 to 30 percent odds that the deal will go through, said Nomura analyst Adam Ilkowitz. (AP Photo/Gene J. Puskar, File)

NEW YORK (AP) — Even though Comcast’s $45.2 billion bid for Time Warner Cable is dead, consolidation among the companies that pipe in our TV, phone and Internet will carry on.

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BALCO & Biogenesis may be over, but steroids cloud remains

In this July 19, 2007, file photo, San Francisco Giants' Barry Bonds hits a three-run home run during the seventh inning of a baseball game against the Chicago Cubs in Chicago. Barry Bonds, Roger Clemens have moved on, their names cleared. Still, the cloud of steroids remains over baseball and all sports. (AP Photo/M. Spencer Green, File)

NEW YORK (AP) — Barry Bonds and Roger Clemens have moved on, their names cleared. The cloud of steroids remains over baseball and all sports.

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Reports say Comcast plans to drop $45B Time Warner Cable bid

This Feb. 11, 2011 file photo shows the Comcast logo on one of the company's vehicles, in Pittsburgh. Wall Street appears increasingly convinced Comcast’s $45.2 billion purchase of Time Warner Cable is dead.  telling indicator is the gap between the value Comcast’s all-stock bid assigned to each Time Warner Cable share and Time Warner Cable stock’s current price. That was at its widest point yet Thursday, April 23, 2015, a signal that investors are giving just 20 to 30 percent odds that the deal will go through, said Nomura analyst Adam Ilkowitz. (AP Photo/Gene J. Puskar, File)

NEW YORK (AP) — Comcast is abandoning its $45.2 billion purchase of Time Warner Cable, according to media reports.

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AP Interview: Rio 2016 CEO on corruption, legacy budget

Sidney Levy speaks during an interview, in Rio de Janeiro, Brazil, Wednesday, April 22, 2015. Levy is probably the most powerful man behind Rio de Janeiro's 2016 Olympics. He's the chief executive officer of the local organizing committee and oversees a staff of 1,300. (AP Photo/Silvia Izquierdo)

RIO DE JANEIRO (AP) — Sidney Levy placed his thumb and forefinger about an inch apart to illustrate the size of a book he’d just been reading.

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‘Concern’ about appeals of NFL concussion case settlement

In this Dec. 23, 2007, file photo, New England Patriots linebacker Junior Seau (55) reacts after a defensive play during an NFL football game against the Miami Dolphins in Foxborough, Mass. A federal judge has approved Wednesday, April 22, 2015, a plan to resolve thousands of NFL concussion lawsuits that could cost the league $1 billion over 65 years. Critics contend the NFL is getting off lightly given annual revenues of about $10 billion About 200 NFL retirees or their families, including Seau's, have rejected the settlement and plan to sue the league individually. (AP Photo/Elise Amendola, File)

It’s been four years since lawsuits connected to concussions were first filed against the NFL, and even now that a settlement agreement finally has been approved by a federal judge, none of the hundreds of millions of dollars available to thousands of former players will be paid until any appeals are heard — and, after that, until claims are assessed.

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