Charter buys US giant Time Warner Cable in $78.7 billion deal

Charter Communications is acquiring rival Time Warner Cable in a deal valued at $78.7 billionUS cable company Charter Communications announced Tuesday it is acquiring rival Time Warner Cable in a deal valued at $78.7 billion, in a major consolidation on the American market. Charter is giving $195 per share and $100 in cash, for the number two company in the US market, it said. If successful, the merger would mark a major consolidation in the industry, something that does not always happen smoothly in the United States.

The Latest: Kvitova pushed into decider at French Open

Petra Kvitova of the Czech Republic returns the ball to New Zealand's Marina Erakovic during their first round match of the French Open tennis tournament at the Roland Garros stadium, Tuesday, May 26, 2015 in Paris, . (AP Photo/Michel Euler)PARIS (AP) — The Latest from the French Open:

Maryland lawmakers take up police reform after Baltimore unrest

People gather at city hall in Baltimore, MarylandBy Ian Simpson WASHINGTON (Reuters) - Baltimore rioting over the death of a black man from injuries in police custody is spurring Maryland lawmakers to take action on criminal justice reform after legislation stalled in the statehouse. Legislators hope that the death of Freddie Gray, 25, can galvanize the Democratic-controlled state Assembly after bids for reforms, especially one that would alter a state law giving police special rights, went nowhere in the last legislative session. "Unfortunately for Freddie Gray, he becomes symbolic of similar type of issues facing police departments across the nation," said state Senator Catherine Pugh, co-chair of a 20-member bipartisan working group appointed this month to study police issues.

Iran begins trial of detained Washington Post reporter

FILE - In this photo April 11, 2013 file photo, Jason Rezaian, an Iranian-American correspondent for the Washington Post, smiles as he attends a presidential campaign of President Hassan Rouhani, in Tehran, Iran. The closed trial of Rezaian detained in Iran for more than 10 months has begun in a court used to hear security cases. Iran's official IRNA news agency says the trial of Rezaian began Tuesday, May 26, 2015 in a Revolutionary Court, saying he has been charged with espionage and propaganda against the Islamic republic. (AP Photo/Vahid Salemi, File)TEHRAN, Iran (AP) — An Iranian security court on Tuesday held the first hearing in the closed trial of an American-Iranian reporter for The Washington Post who has been detained for more than 10 months, the official IRNA news agency reported.

Cable company Charter buying Time Warner Cable for $55.3B

FILE - This Feb. 2, 2009 file photo shows a Time Warner Cable truck in New York .Charter Communications is close to buying Time Warner Cable for about $55 billion, two people familiar with the negotiations said Monday, May 25, 2015. (AP Photo/Mark Lennihan, File)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 TV and Internet providers in the U.S.

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