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On Thursday, Bloomberg reported that the telecoms and entertainment giants had discussed business strategies, including a possible takeover. With Time Warner worth $73bn (60bn), it would be the biggest this year.

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Time Warner shares closed up almost 8% to a near 15-year high, having gained about 5% on Thursday. AT&T shares lost 3%. Other media company shares, including Discovery, AMC, Netflix and CBS, rose as investors speculated that a deal could spark a fresh wave of takeovers and mergers among media and technology companies. AT&T, which has a market value of about $238bn, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV last year for $48.5bn. Time Warner chief executive Jeff Bewkes has, however, resisted selling in the past. The company rejected an $80bn offer from Twenty-First Century Fox Inc in 2014. Last night, Fox reportedly ruled itself of any plans to renew its interest in Time Warner. The WSJ said that any deal by AT&T to buy Time Warner was likely to be paid via a mixture of shares and cash. A deal would give AT&T access to a major producer of content as it seeks to diversify away from its core telecoms business.

18, 2016, 2:12 p.m. BST Statement from Sainsbury's LONDON Two kids' T-shirts have been causing a ruckus on social media, after people felt they promoted gender stereotyping. SEE ALSO: Old Navy draws ire for subtly sexist 'Ghostbusters' toddler tees The offending tees were first spotted Henry Mance in Sainsbury's, who pointed out a crucial difference between the two items of clothing. The girls' tee is emblazoned with the slogan "little and loved," while the boys' tee says "brave and strong." Children's clothes by @sainsburys Henry Mance (@henrymance) October 14, 2016 His tweet prompted an outpouring

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of ire from fellow Twitter users who objected to the "regressive" gendering of the clothing. *resolves to buy SB a 'little and loved' tshirt* Sort it out, @sainsburys . Why gender kids clothes anyway? https://t.co/4xw2RSFfGX jack monroe (@MxJackMonroe) October 15, 2016 @henrymance @EverydaySexism at young age clothing really could be interchangeable between sexes, removing need for 'boys' + 'girls' sections Helen Ablett (@HAblett) October 14, 2016 While one person urged the retailer to remove the tees from shop floors... @MxJackMonroe @sainsburys Holy Crap! That's appalling. Come on #Sainsburys get yr act together and get those off the shelves Someone else raised an excellent point... @MxJackMonroe @sainsburys @henrymance why can't all kids be brave, little, loved AND strong? Paula Tucker (@ibundle) October 15, 2016 "These T-shirts are very popular with our customers and we always welcome their feedback.

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It's thrilling to be able to share our brand and capabilities with a new audience," said Mark McWeeny , CEO, Rue La La. Members in Canada and outside of the U.S. will be able to shop the site via desktop and mobile web. To celebrate the launch in Canada , Members will receive subsidized shipping of $9.95 on orders of $100 or more. Membership to Rue La La is always complimentary. To become a Member, log on to www.ruelala.com . A prompt for an email address and password begins your shopping experience. About Rue La La Rue La La strives to be the most engaging off-price, online style destination connecting world-class brands with the next generation shopper. Each day, Rue La La Members discover the most desired men's, women's, and children's apparel and accessories; home decor and accents; and exclusive destinations and experiences. Rue La La's engaging approach to retail has brought theater and excitement to online shopping, creating a captivating e-commerce destination that strategically supports its brand partners and inspires its Members daily. Rue La La is ranked #8 on Internet Retailer's 2016 Mobile 500 List.

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