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Business & Lifestyle

WSJ report: Charter says no thanks to Sprint mega-merger

STAMFORD, Conn./OVERLAND PARK, Kan. (Heartland Newsfeed) -- Charter Communications Inc. said it isn’t interested in buying Sprint Corp., rebuffing a gigantic merger offer and ending several weeks of deal talks between the media and communications companies. Sprint proposed a merger with Charter that would create a massive new entity controlled by SoftBank Group Corp., Sprint’s parent, the Wall Street Journal reported Friday. On Sunday, Charter said it isn’t interested in the deal and indicated it would stick with an existing wireless […]

todayJuly 30, 2017 27

Business & Lifestyle

Sprint pursuing merger with cable giant Charter, according to reports

Eric DuVall, United Press International Writer OVERLAND PARK, Kan./STAMFORD, Conn. (UPI) -- The owner of wireless company Sprint has proposed a merger with cable giant Charter Communications, though Charter's leaders are reportedly only lukewarm to the idea. The potential merger would create a new publicly traded company controlled by SoftBank, which is also run by Sprint Chairman Masayoshi Son, a Japanese billionaire. Charter is not on board with the cash and stock merger proposal yet, but talks continue, The Wall Street Journal […]

todayJuly 29, 2017 6

Business & Lifestyle

Teen killed on Ohio fair ride was Marine Corps recruit

Eric DuVall, United Press International Writer COLUMBUS, Ohio (UPI) -- The individual killed when a thrill ride at the Ohio State Fair snapped and sent passengers flying through the air was identified as an 18-year-old Marine recruit, officials said. Tyler Jarrell was killed when the row of seats he was sitting in appeared to break free of a ride Wednesday. Video of the incident showed the seats smashed into a metal support beam for the ride, then, with the force of the ride, […]

todayJuly 28, 2017 7

Business & Lifestyle

Chevron shares flat after revenue beats estimates, profits rise from a year ago

SAN RAMON, Calif. (Heartland Newsfeed) -- Chevron on Friday reported quarterly profits and revenues that beat Wall Street's expectations as the company cut costs and as oil and gas prices and refining margins improved. Shares of Chevron were up more than 1 percent after the announcement. The oil major earned $1.7 billion, or and adjusted 91 cents a share, excluding impairments and gains from asset sales. Analysts had expected Chevron to earn 87 cents a share on $32.09 billion in revenue. The […]

todayJuly 28, 2017 3

Business & Lifestyle

Some Pokémon Go Fest attendees are suing Niantic

CHICAGO (Heartland Newsfeed) -- Pokémon Go Fest was a huge misstep, to say the least. Developer Niantic held the Chicago-based festival in late July and quickly found itself unprepared for the realities of 20,000 people all playing Pokémon Go in one small area. As way of compensation, Niantic refunded everyone's tickets and gave away $ 100 in virtual currency for the mobile game, hoping that was enough. Attendees who flew in from out of town, however, have a larger bone […]

todayJuly 28, 2017 3

Business & Lifestyle

Twitter loses users in U.S. as revenue declines

Allen Cone, United Press International Writer SAN FRANCISCO (UPI) -- Twitter, the social media powerhouse, had stagnant worldwide growth of users last quarter and lost users in the United States. Twitter, in an financial filing Thursday, said its monthly user base in the United State declined two million to 68 million from the previous quarter. Globally, the number of users stayed at 328 million. From the same period a year earlier, the company's revenue fell 5 percent to $574 million. Twitter's adjusted […]

todayJuly 27, 2017 14

Business & Lifestyle

1 dead, several injured after ride malfunction at Ohio State Fair

Ray Downs, United Press International Writer COLUMBUS, Ohio (UPI) -- At least one man was killed and seven were injured after a ride malfunctioned at the Ohio State Fair Wednesday, authorities said. The Columbus Fire Division said the riders were thrown from the Fire Ball ride on Wednesday night, reported the Columbus Dispatch. The dead man was killed immediately, officials said. Five of the injured were in critical condition and two were stable. One of the injured is a 13-year-old girl, reported WSYX-TV. Battalion […]

todayJuly 26, 2017 1

Business & Lifestyle

Aide for Rep. Wasserman Schultz arrested trying to leave country

Ray Downs, United Press International Writer WASHINGTON (UPI) -- An IT staffer for Rep. Debbie Wasserman Schultz, who has been under criminal investigation, was arrested when he tried to leave the country from Washington, D.C.'s Dulles International Airport this week. Imran Awan pleaded not guilty to one count of bank fraud after the arrest. Federal authorities said he allegedly tried to get a $165,000 home equity loan through the Congressional Federal Credit Union for a rental property, which violates the credit union's […]

todayJuly 26, 2017 13

Business & Lifestyle

U.S. mathematics team finishes fourth behind Korea, China, Vietnam

Ray Downs, United Press International Writer RIO DE JANEIRO (UPI) -- The U.S. International Mathematical Olympiad team finished in fourth place in international competition, taking home gold and silver medals, the Mathematical Association of America announced. The U.S. team's fourth place finish was out of 110 teams around the world and behind only Korea, China and Vietnam in the competition, which was held in Rio de Janeiro, Brazil. "We are very proud to be among the top five scoring teams again […]

todayJuly 25, 2017 12

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