Charter Communications News
Comcast Swoops in for Time Warner Cable
After its first bid was rejected as a "low-ball offer," Charter swooped in and snagged Time Warner Cable for $55 billion.
Senators Say Cable TV Users Aren't Refunded for Overcharges
A Senate investigation of cable TV costs says two major cable companies have consistently failed to provide refunds to customers they knew had been overcharged
Periscope a focus in concern over lost Mayweather-Pacquiao PPV orders
Focus on potential lost pay-per-view from Saturday night's fight between Floyd Mayweather and Manny Pacquiao shifted Monday from issues with cable providers ordering and transmitting the fight to concern over piracy. Todd DeBoef, president of Top Rank, which promotes Pacquiao, said Monday he was
Pay-per-view problems pop up prior to Mayweather-Pacquiao fight
Reports of fans having trouble ordering the fight through their pay-per-view providers filled social media in the hours leading up to the fight between Floyd Mayweather and Manny Pacquiao on Saturday night. Fans reported issues with some of the biggest providers including Optimum, DirecTV, Charter,
Invest Like Warren Buffett? His Stock Just Hit $200,000
Warren Buffett’s Berkshire Hathaway stock hit a new milestone today, closing above $200,000 for the first time ever. Just one share of Berkshire Hathaway Class A stock is now worth $202,850. The stock is already up 14 percent this year, well ahead of the S&P 500 which is up 5.8 percent
Pharmaceuticals Still in Play With Pfizer's $100B Bid for AstraZeneca
Morning Money Memo: Deal-making in the pharmaceutical and health care industries is on the rise. The latest example is Pfizer Inc.’s offer to buy British-based AstraZeneca for nearly $100 billion. Astra shares jumped nearly 15 percent today and the company says the Pfizer bid...
Google's Nest Buy Is Something Completely Different
Morning Money Memo… Innovation and a push into new markets is a big reason why Google spent $3.2 billion to buy Nest Labs. Google is a making a big bet on hardware, moving beyond its massive search and Android business. As people use the Internet...
Alabama Cable Man Sentenced for Using Customers' Internet to File Fake Tax Claims
A cable installation worker in Alabama who used the IP addresses of his customers to file 27 fake tax returns was sentenced to 30 months in prison this week. Corey Thompson, now 29, was an independent contractor for Charter Communications Inc. in Montgomery, Ala., who installed cable and Internet
Bankruptcies drop as companies heal
Some companies can finally say, "Rumors of our bankruptcy were greatly exaggerated." Despite widespread speculation the credit crunch was going to grind up whole swaths of companies and force them into bankruptcy, companies are showing their mettle and are defying these dire predictions. A dramatic