Charter confirms acquisition of Time Warner Cable in $55 billion deal

(Mike Blake / Reuters)

The merger creates a powerful cable and broadband Internet contender in an industry long lacking competition.

    Latest News

    US home prices rose at steady pace in March from year ago

    US home prices rose at steady pace in March from year ago

    U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale.

    Media CEOs dominate ranks of top-paid executives

    Media CEOs dominate ranks of top-paid executives

    They’re not Hollywood stars, they’re not TV personalities and they don’t play in a rock band, but their pay packages are in the same league.

    Catastrophic flooding hits Texas and Oklahoma

    Catastrophic flooding hits Texas and Oklahoma

    At least five people are dead and a dozen missing as homes are washed away.

    How student debt became a presidential campaign issue

    How student debt became a presidential campaign issue

    With some 40 million voters saddled with student loans, the issue is taking hold on the campaign trail.

    This start-up is helping the government keep track of social media

    This start-up is helping the government keep track of social media

    ArchiveSocial picked up a $100,000 investment from Steve Case’s Revolution Ventures.

    Clarabridge buys Belgian firm

    Clarabridge buys Belgian firm

    Reston company, which analyzes customer feedback for Marriott, Choice, will expand by 37 employees.

    Columnists

    Michelle Singletary

    Michelle Singletary

    How, and how much, to help a college grad

    There’s a fine line between assisting and enabling adult children. Start by knowing your family’s situation.

    Barry Ritholtz

    Barry Ritholtz

    Are you not feeling the economic recovery? This could be why.

    The recovery is not evenly distributed, and a few factors have a major influence on whether you feel it.

    Allan Sloan

    Allan Sloan

    What these banks did is an outrage, but criminal charges won’t hurt them

    The government’s settlement with five major banks for manipulating interest rates was all show.

    Thomas Heath

    Thomas Heath

    Moving customers, including military top brass, for up to $100M a year

    Interstate views moving furniture as a skill to be mastered: “Use the legs, not the back.”

    Market News

    US stock indexes open lower as traders return from holiday

    US stock indexes open lower as traders return from holiday

    U.S. and European stocks fell moderately Tuesday as concerns over Greece’s debt crisis overshadowed some upbeat economic news out of China. A U.S. report showing soft demand for durable goods also weighed on the market.

    Wonkblog

    What your name tells us about your age, where you live, your political leanings and your job

    What your name tells us about your age, where you live, your political leanings and your job

    You can predict a lot from a name — include a person’s age, state, job and political leanings

    Already deep in debt, Puerto Rico now faces a new crisis

    Already deep in debt, Puerto Rico now faces a new crisis

    Advocates say Puerto Rico will face a health-care crisis if federal officials do not increase reimbursement rates.

    Map: The price of marijuana in every state

    Map: The price of marijuana in every state

    An ounce of marijuana is falling to close to $200 in some states.

    More from Wonkblog

    On Leadership

    Podcast: Stanley McChrystal on leadership

    Podcast: Stanley McChrystal on leadership

    The former top Army commander joins our series to talk about lessons learned over his career.

    Many finance workers still don’t think they can report wrongdoing

    Many finance workers still don’t think they can report wrongdoing

    In a new survey, about a quarter of high-earners in finance said they were in some way prohibited from whistleblowing.

    More from On Leadership

    Get There

    A billionaire explains what investors always get wrong

    A billionaire explains what investors always get wrong

    Investors need to stop worrying so much, says Ken Fisher, chief executive of Fisher Investments.

    One-in-four people overestimate their retirement knowledge. How much do you know?

    One-in-four people overestimate their retirement knowledge. How much do you know?

    People who don’t trust their instincts risk being too conservative with their cash.

    The Switch

    The latest Time Warner Cable merger isn’t Comcast all over again, execs argue

    The latest Time Warner Cable merger isn’t Comcast all over again, execs argue

    Charter officials are eager to pre-but the same arguments that sank Comcast’s ill-fated attempt at buying Time Warner Cable.

    Charter agrees to $55 billion acquisition of Time Warner Cable

    Charter agrees to $55 billion acquisition of Time Warner Cable

    The offer comes just one month after Comcast’s decision to drop its own bid for Time Warner Cable.

    More from The Switch