Reuters

AT&T Purchase Of Time Warner Greeted By Skepticism On Wall Street, Scrutiny In Congress

15 years after it was part of one historic merger, Time Warner is getting bought again, and while the current deal is roughly half the size of AOL's historic $164 billion acquisition of Time Warner in 2000 it's still a big enough deal that it's drawing attention on the campaign trail from both candidates, and to generate millions in revenues for Wall Street banks eager to sell the $40 billion in debt needed to fund the deal.

Frontrunning: October 24

  • The CEO Behind AT&T’s Huge Time Warner Deal (BBG)
  • AT&T-Time Warner deal sparks calls for scrutiny in Washington (Reuters)
  • Wall Street’s $40 Billion AT&T Pledge Offers Fees and Risks (BBG)
  • Bernie Sanders: Obama Administration “Should Kill” The AT&T-Time Warner Deal (Deadline)
  • Oil prices under pressure as Iraq resists joining output cut (Reuters)

Taliban Release Drone Film Of Suicide Attack In Afghanistan

Demonstrating their recent technological advancement, over the weekend Afghanistan's Taliban released drone footage showing a suicide bomber driving a Humvee into a police base in Helmand province and blowing it up this month.

Kremlin Slams Demands For Assad's Ouster As ISIS Kills Hundreds Of "Human Shields" In Mosul

Kremlin spokesman Dmitry Peskov said on Saturday that Assad needs to stay in power to prevent the country from falling into the hands of jihadis, and added that the entire territory of Syria must be "liberated," dismissing demands for Syrian President Bashar Assad's departure as "thoughtless." "There are just two options: Assad sitting in Damascus or the Nusra sitting in Damascus."

Trump Lays Out His Plan For First 100 Days In Office: Here Are The Highlights

1. "A Constitutional Amendment to impose term limits on all members of Congress."
2. "A hiring freeze on all federal employees."
3. "A requirement that for every new federal regulation, 2 existing regulations must be eliminated."
4. "A 5-year ban on White House and Congressional officials becoming lobbyists after they leave government."
5. "A lifetime ban on White House officials lobbying on behalf of a foreign government."
6. "A complete ban on foreign lobbyists raising money for American elections."

"Make A Wish List" Russia Tells Duterte, As New Asian Axis Forms

Minutes after Duterte announced his stunning separation from the US, Russia’s ambassador to the country promptly said Moscow is ready to provide assistance to and fully cooperate with Manila. "Formulate your wish list. What kind of assistance do you expect from Russia and we will be ready to sit down with you and discuss what can and should be done,” Russian Ambassador Igor Khovaev told GMA News on Friday