john stankey

AT&T agrees to deal with activist shareholder

AT&T's truce with Elliott Management — avoiding a protracted fight with one of the world's most successful activist shareholders — sent the company's stock to a 52-week high on Monday.

AT&T promotes WarnerMedia boss John Stankey

AT&T announced two promotions on Tuesday that place John Stankey, the CEO of its subsidiary WarnerMedia, firmly in line to succeed the wireless giant's CEO, Randall Stephenson.