Dominic Rushe on Muck Rack

Dominic Rushe

Business Editor, Guardian US — The Guardian

@GuardianUS US business editor.

AT&T in advanced talks to acquire Time Warner, reports say — US telecoms giant AT&T is reportedly in advanced talks to acquire Time Warner, the media company whose star assets include HBO, Warner Brothers and CNN. A deal could come as early as this weekend, according to the Wall Street Journal. Both companies were not immediately available for comment.

Tech and media companies join Microsoft in privacy case against US government — Tech and media companies, privacy groups and leading computer scientists all filed legal briefs on Monday backing Microsoft in a case against the US government it claims is "fundamental to the future of global technology". Microsoft is challenging a government order to hand over emails held on servers at its datacenter in Dublin, Ireland.

World’s largest online travel company Expedia severs ties with Alec — Expedia, the world's largest online travel company, has become the latest tech firm to sever ties with Alec, the right-wing lobby group with a history of fighting against climate change legislation and other progressive causes. The company had previously been a sponsor of Alec ( American Legislative Exchange Council), a lobby group that promotes conservative legislation at state level across the US.

Fed announces bond-buying stimulus to spur economic growth — Federal Reserve chairman Ben Bernanke pledged to keep injecting money into the US economy until it recovers Thursday as it announced a rolling program to buy $40bn a month in mortgage-backed securities. The widely anticipated third round of quantitative easing - dubbed QE3 - comes after Fed chairman Ben Bernanke had said he was increasingly concerned about the recovery.

Ford considers closing factories and raising prices in Europe in wake of Brexit — Ford has warned it is considering closing factories and raising prices in the UK and Europe in the wake of Britain's vote to leave the European Union. Announcing disappointing results on Thursday, the motor company forecast that the referendum decision could cost the company $1bn over the next two years.

Carol Bartz blames Yahoo 'doofuses' for firing her in foul-mouthed tirade — Carol Bartz may not have known how to save the troubled internet group she once ran, but she certainly knew how to put the yahoo in Yahoo. "These people fucked me over," Bartz told Fortune magazine in her first interview since she was fired by phone on Tuesday.

How Roger Ailes disgraced Fox News and tarnished a unique legacy — While Donald Trump's bizarre coronation as the Republican presidential candidate unfolded in Cleveland this week, some 400 miles to the east another king of the American right was facing execution.

Michael Johnson of Herbalife: America's highest paid CEO in 2011 — It's been another great year for Herbalife, the weight management company that used to ask "Lose Weight Now - Ask Me How". The direct marketing firm's products have been accused of causing liver damage, accusations strongly challenged by the company. In January, a Belgian court called it a "pyramid scheme", a decision Herbalife is challenging.

Facebook announces $1bn purchase of mobile photo network Instagram — Social network giant Facebook has bought Instagram - a profitless, two-year-old photo sharing website - for $1bn. Instagram is a mobile sensation that counts Twitter co-founder Jack Dorsey among its backers. It has been downloaded by over 30 million people.

Insider trading trial puts SAC hedge fund under further pressure — A trial starting this week over what US prosecutors say is the most lucrative insider trading scheme ever is expected to bring further pressure on Steven A Cohen, the founder of the SAC Capital Advisors hedge fund.
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Oct 19, 2016

RT @arabysmyth: "I don't know who to trust / When I look into your eyes / There's just devils and dust" @springsteen #brucethedebate #debatenight

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