CHICAGO, Sept 29 The U.S. Commodity Futures Trading Commission on Thursday penalized a former Delta Air Lines fuel trading executive $5.25 million over futures and options trades the agency said were illegal.
The CFTC ordered Jon Ruggles, who was formerly a vice president of fuel management for Delta, to give up $3.5 million in trading profits and pay a $1.75 million fine. It also permanently barred him from trading, after exchange-operator CME Group Inc banned him in June. (Reporting by Tom Polansek; Editing by Bernadette Baum)
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.