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AT&T plans major organizational changes after deal

Bloomberg AT&T Inc. is planning major organizational changes to follow the $85.4 billion acquisition of Time Warner Inc., including a redefined role for Chief Executive Officer Randall Stephenson, as the telecommunications giant morphs into a media company. Stephenson will oversee a pair of CEOs who will independently manage the company’s telecommunications and media businesses, according to people familiar with the ...

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Would Congress act on its war responsibilities?

Predictably and sensibly, a three-judge panel of the nation’s second-most important court, the US Court of Appeals for the DC Circuit, recently dismissed, unanimously, a lawsuit brought by a Yemeni man, two of whose relatives were collateral fatalities in a 2012 US drone attack that killed three terrorists. The suit asked the court to declare the attacks illegal under several ...

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RBI bond intervention no scare for market obsessed with rate cut

Traders in India are so convinced that slowing inflation will lead to a rate cut that the central bank’s increasing intervention in the bond market isn’t bothering them. Benchmark 10-year yields, which fell to a two-week low on Wednesday, will probably continue their decline after data showed consumer-price gains slowed to a record low, according to Kotak Mahindra Asset Management ...

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