National News

May 26, 2015 - 6:28am
7 min 42 sec ago

NEW YORK (AP) — Charter Communications will spend $55.33 billion to acquire Time Warner Cable in a cash-and-stock deal that would instantly create one of the largest pay-television and broadband operators in the U.S.

As part of the agreement, Charter will also buy Bright House Networks for more than $10 billion.

Charter will provide $100 in cash and shares of a new public parent company equal to 0.5409 shares of Charter for each outstanding Time...

May 26, 2015 - 6:23am
7 min 42 sec ago

Here is a look at CEOs who received the biggest pay raises and biggest cuts in 2014 compared with 2013, as calculated by the executive pay research firm Equilar for The Associated Press.

Whose pay rose the most:

1. Richard Hayne, Urban Outfitters, $535,636, up 682 percent

2. David Zaslav, Discovery Communications, $156.1 million, up 368 percent

3. John Richels, Devon Energy, $14.9 million, up 301 percent...

May 26, 2015 - 6:21am
7 min 42 sec ago

Here is a look at median CEO pay by industry last year, as calculated by executive compensation data firm Equilar and The Associated Press.

CEOs at health care companies earned the most for the sixth time in the last seven years. Chief executives at utility companies earned the least, according to the Equilar/AP pay study.

The biggest gain in pay was in the basic materials industry, which includes oil, mining and chemical companies. Pay dropped the...

May 26, 2015 - 6:18am
7 min 42 sec ago

For its annual study of CEO pay, The Associated Press used data provided by Equilar, an executive compensation research firm.

Equilar examined the regulatory filings detailing the pay packages of 338 companies. Equilar looked at companies in the Standard & Poor's 500 index that filed proxy statements with federal regulators between Jan. 1 and April 30, 2015. To avoid the distortions caused by sign-on bonuses, the sample includes only CEOs in place for at least two...

May 26, 2015 - 6:16am
7 min 42 sec ago

NEW YORK (AP) — Here are the 10 highest-paid CEOs for 2014, as calculated by The Associated Press and Equilar, an executive pay data firm:

1. David Zaslav, Discovery Communications, $156.1 million, up 368 percent

2. Leslie Moonves, CBS, $54.4 million, down 17 percent

3. Philippe Dauman, Viacom, $44.3 million, up 19 percent

4. Robert Iger, Walt Disney, $43.7 million, up 27 percent

5....

May 26, 2015 - 6:14am
7 min 42 sec ago

NEW YORK (AP) — 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.

Six of the 10 highest-paid CEOs last year worked in the media industry, according to a study carried out by executive compensation data firm Equilar and The Associated Press.

The best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications, the pay-TV...

May 26, 2015 - 6:01am
7 min 42 sec ago

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:

1. 12 MISSING AFTER FLOODING IN TEXAS SWEEPS AWAY VACATION HOME

Authorities are also searching for victims across the Texas-Mexico border in Ciudad Acuna, where a tornado killed 13 people and left at least five unaccounted for.

2. IRAQ ANNOUNCES CAMPAIGN AIMED AT TAKING BACK LOST TERRITORY

Baghdad launches...

May 26, 2015 - 5:27am
7 min 42 sec ago

Noon (0900 GMT)

A spokesman for Iraq's Shiite militias says an operation launched to retake the western Anbar province from the Islamic State group will "not last for a long time" and that Iraqi forces have surrounded the provincial capital, Ramadi, from three sides.

Ahmed al-Assadi, who is also a member of parliament, told reporters Tuesday that new weapons are being used in the battle "that will surprise the enemy."

Earlier on...

May 26, 2015 - 5:06am
7 min 43 sec ago

BALTIMORE (AP) — Authorities in Maryland say further investigation and toxicology tests are needed in the case of a child who was found dead in a park swing as his mother pushed him.

Charles County Sheriff's Office spokeswoman Diane Richardson says an autopsy has been completed on the 3-year-old boy found Friday in La Plata, Maryland, but the cause of death remains under investigation.

The 24-year-old mother was taken to a hospital Friday. Richardson...

May 26, 2015 - 4:52am
7 min 43 sec ago

RAFAH, Gaza Strip (AP) — Egypt has opened its border with the Gaza Strip to allow stranded Palestinians to return home.

Tuesday's opening was the first time the Rafah border crossing has operated since March. The director of the Hamas-controlled side of the crossing, Maher Abu Sabha, says the border is scheduled to close again Wednesday afternoon.

The crossing has only been open five days this year to allow movement of Palestinians in both directions...

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