Brian Roberts News
What the Comcast -Time Warner Cable Deal's Demise Means for Consumers
Some consumer advocates call the death of the Comcast- Time Warner Cable deal a victory for consumers, but it won't fix every problem about cable and broadband services, they say. Attorney General Eric Holder said today that the two companies' decision to abandon their deal to merge "is the best
Comcast Terminates Time Warner Cable Merger
Comcast has pulled the plug on its proposed $45.2 billion merger with Time Warner Cable.
Why Warren Buffett Says Berkshire Hathaway (BRK.A) Bought Duracell from P&G (PG)
Morning Money Memo… Berkshire Hathaway, the firm run by billionaire investor Warren Buffett, is buying the Duracell battery business from Procter & Gamble for nearly $3 billion. “I have always been impressed by Duracell, as a consumer and as a long-term investor in P&G and...
How Big Is Too Big? Comcast Buys Time Warner Cable
Morning Money Memo… How big is too big? That’s the question for regulators at the FCC and the Justice Department after Comcast announced it would spend more than $45 million to buy rival Time Warner Cable. The deal would have a direct impact on tens...
The Top 10 Highest-Paid CEOs Led by CBS' Leslie Moonves
Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years. Equilar , an executive compensation data firm, released its annual data with the Associated Press, putting Moonves at the top of the list for fiscal
Watchdogs Question Obama Donor Influence in 'Fiscal Cliff' Meetings
Government watchdogs today questioned the place of top Obama campaign donors among the elite few invited to the White House over the past two weeks for private presidential consultations on the looming “fiscal cliff.” Supporters of President Obama who maxed out personal contributions to his...
Top 7 Father-Son Business Mogul Pairs
The pressures of being the son of a mogul can be many: not being able to choose your own career, expectations to follow in big footsteps, and the suspicion that nepotism is the reason for your success. On the other hand, you could be the son of mega-investor Carl Icahn. Icahn gave $3 billion to his
Obama Jobs Council Stacked With Democratic Donors
The group of private-sector business leaders advising President Obama on how to create jobs and grow the economy is full of deep-pocket Democratic donors and high-profile financiers of Obama’s re-election campaign, a review of Federal Election Commission data shows. At least 10 members of the...
Comcast Employees Top Donors to Obama Campaign Accounts
Employees of media giant Comcast have contributed more money to President Obama’s reelection bid than employees from any other organization, according to a new analysis of Federal Election Commission data by the Center for Responsive Politics.
Obama Hobnobs With Friends on Vineyard Family Vacation
President Obama has spent part of his family vacation on Martha's Vineyard away from his wife and daughters, schmoozing with friends on the golf course and at their private oceanfront homes. His island entourage includes a mix of familiar faces and longtime confidantes, many of whom have ties to