NewsWatch: AT&T reaches deal to buy Time Warner for $80 billion–plus: Wall Street Journal


AT&T Inc.(TICKER:T)has reached an agreement to buy Time Warner Inc.(TICKER:TWX)for between $105 and $110 a share, with a deal likely to be announced as soon as Saturday evening, according to people familiar with the plans. See full story.

U.S. health insurers are in a state of denial about climate change

A survey of the overall insurance industry finds health insurers paying little heed to climate change, despite the impact of rising temperatures on human health. See full story.

Here’s proof that an all-stock portfolio doesn’t really pay off

It turns out that all-equity portfolios barely outperform a mix of stocks and bonds, says Mark Hulbert.

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