Bloomberg AT&T Inc. named three new divisional chiefs to lead the company when its $85.4 billion takeover of Time Warner Inc. closes later this year. As reported earlier by Bloomberg News, John Stankey, who ran AT&T’s DirecTV division, will supervise integration planning for the merger and lead the Time Warner businesses after the deal closes, the company said. John Donovan, ...

Bloomberg Since the financial crisis, it pays to be old in the UK. While the disposable incomes of retired households have risen 15 percent since 2008, for working households it’s been almost a decade of stagnation. Median UK household disposable income rose 5.7 percent to 27,170 pounds ($35,570) in the 12 months through March from its pre-crisis level, the Office ...

Bloomberg SoundCloud Ltd. is close to a deal to sell stakes in the company to a pair of private equity firms, according to people familiar with the matter, an investment that will help the beleaguered music-streaming service keep operating for the foreseeable future. The two firms would be acquiring stakes via separate deals, said the people, who asked not to ...