Billionaire Trump supporter offers to buy embattled CNN
A Donald Trump-supporting New York billionaire says that he wants to buy embattled CNN from Warner Bros. Discovery. Grocery mogul John Catsimatidis told The New York Post that he would “go run the place tomorrow morning and all I’d want is $1 per year.” The news network has been hit by falling ratings and earlier this week under-fire CEO Chris Licht, who attempted to drag CNN to the right, was fired after a searing profile in The Atlantic. Greek-born Mr Catsimatidis, 74, refused to tell the newspaper how much he would be willing to offer for CNN. “It’s up to the investment bankers to come up with the numbers,” he said, as he suggested that finance to complete the deal would not be an issue. “We could always bring partners in, but I want to run the place,” he continued. “We are capable of putting down a substantial amount of money.” And he added: “I’d go run the place tomorrow morning, and all I’d want is $1 per year and a piece of the upside.” Mr Catsimatidis, who has a reported personal wealth of more than $4bn, is already in the media business having bought New York’s WABC radio station for $12.5m in 2019. “Whoever is running that company (CNN) is wrong,” Mr Catsimatidis said, telling the newspaper the network should not have fired Mr Licht, who supported the controversial Donald Trump town hall. “If the network is getting half a million (viewers) a night and they have Trump on and they get 3 million (viewers), to fire the CEO for getting that many people…” he said. But he insisted that if took over CNN he would continue to try and ensure that Republicans got equal coverage to Democrats. “I want the truth, not opinions. If people say there’s two truths, let’s voice both truths and let the viewers decide.” Read More How Chris Licht’s botched effort to drag CNN to the right ended with his own stunning downfall CNN CEO Chris Licht out days after devastating expose CNN’s own media reporter turns on embattled CEO The folly of trusting Trump claims two more victims. Why do they do it?
2023-06-09 04:18
Oil Falls After Media Reports Ignite Iran-US Rumors, US Denies
Oil dropped on regional media reports that ignited speculation the US and Iran are nearing a deal that
2023-06-09 03:46
Google Union Pushes Back on Three-Day Return-to-Office Mandate
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Javice Accuses Prosecutors, SEC of ‘Hide-the-Ball’ Tactics
A lawyer representing Charlie Javice accused the US government of deploying “hide-the-ball” legal tactics in an effort to
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New World Bank chief to kick off global tour with Peru, Jamaica stops
By David Lawder WASHINGTON The World Bank Group's new president, Ajay Banga, will visit Peru and Jamaica next
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Joe Biden accidentally calls UK Prime Minister Rishi Sunak ‘Mr President’
US President Joe Biden accidentally called UK Prime Minister Rishi Sunak “Mr President” as the two met in the Oval Office of The White House during Mr Sunak’s two-day visit to Washington, DC. “Well Mr President ...I just demoted you, Mr Prime Minister,” Mr Biden said as he quickly corrected himself. Mr Biden assured Mr Sunak that the US-UK special relationship is in “real good shape” and that the US has no “closer ally than Great Britain,” adding that he was “delighted” to see the prime minister in the US capital. Mr Sunak welcomed Mr Biden’s “warm words” and lauded the “strength of our partnership, our friendship”. “We will put our values front and centre as we’ve always done,” he said. Mr Biden mentioned that Winston Churchill and Franklin Delano Roosevelt met in the very same place more than seven decades before, according to the Mirror. “They asserted to the strength of the partnership between Great Britain and the United States with the strength of the free world. I still think there’s truth to that assertion,” he said. Mr Sunak recalled that Mr Churchill was once found wandering the halls of the White House in the middle of the night, joking that he wouldn’t be. He has been staying at the presidential guest house, Blair House, during his hectic visit. The US government bought the property after Eleanor Roosevelt discovered Mr Churchill carrying a cigar as he headed towards the private area of the first family at about 3am. “There’s an awful lot of stories that are told, probably a bunch apocryphal about former prime ministers,” Mr Biden said. “Wondering around at 3am in the morning? Winston Churchill bothering Mrs Roosevelt,” Mr Sunak said. “Sir, don’t worry, you won’t see me there bothering you and the First Lady.” “In the past few months we have met each other in San Diego and then we met in Belfast and we met Hiroshima,” Mr Biden noted. “And now we’re here we’re going solve all the problems of the world in the next 20 minutes.” “Together, we’re providing economic humanitarian aid and security assistance to Ukraine in their fight against the Russians,” the president added. Mr Sunak said that “it’s daunting to think of the conversations that our predecessors had in this room when they had to speak of wars that they fought together, peace won together, incredible change in the lives of our citizens”. “And again, for the first time in over half a century, we face a war on the European continent,” he added in reference to Russia’s war in Ukraine. “And as we’ve done before, the US and the UK, have stood together to support Ukraine and stand up for the values of democracy and freedom and make sure that they prevail, as I know we will.” Read More Budget 2022: Hunt says UK in recession as he announces huge tax rises Jeremy Hunt increases energy windfall tax in budget Jeremy Hunt freezes tax allowances and hits 45p rate payers Watch live as Biden and Sunak hold press conference after White House talks Leaders reflect on Churchill’s early hours visits to Roosevelt Government must ‘speed up and scale up’ AI in education – Lord Hague
2023-06-09 01:59
Watch live as Biden and Sunak hold press conference after White House talks
Watch live as Joe Biden and Rishi Sunak hold a press conference after their meeting at the White House on Thursday (8 June). The war in Ukraine and artificial intelligence (AI) were two topics expected to be high on the agenda in their talks, which took place in Washington DC. Mr Biden and Mr Sunak met days after the Nova Kakhovka dam, which lies along the Dnipro river in Russia-held Kherson, was blown up. As a result of the incident, water gushed into nearby villages and towns in the region with a 42,000-strong population at risk of losing their homes, food, safe water and livelihoods. Ukraine has blamed Russia for an attack on the dam, and Mr Sunak said earlier this week that the destruction would be “new low” if Moscow was indeed responsible. “What I can say is if it is intentional, it would represent, I think, the largest attack on civilian infrastructure in Ukraine since the start of the war, and just would demonstrate the new lows that we would have seen from Russian aggression,” he said. Read More Budget 2022: Hunt says UK in recession as he announces huge tax rises Jeremy Hunt increases energy windfall tax in budget Jeremy Hunt freezes tax allowances and hits 45p rate payers
2023-06-09 01:58
Manulife’s Donald Rues Bank of Canada Hike, Sees Recession Soon
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Russia accuses Ukraine of 'blatant lies' about Crimea discrimination, MH17
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2023-06-09 01:28
TCW’s Koch Sees Potential Hard Landing Ahead: Bloomberg Invest
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Chris Christie hits back at Trump’s mockery over his weight: ‘He’s such a spoiled baby’
Chris Christie is punching back at Donald Trump after the former president responded to his campaign announcement with a juvenile video edit making fun of Mr Christie’s weight. The former New Jersey governor appeared on CNN on Wednesday after launching his campaign with a town hall event at St Anselm College a night earlier. During his interview, he was questioned by The Lead host Jake Tapper about a video Mr Trump posted on Truth Social of Mr Christie delivering remarks edited to appear as if the candidate is holding a plate of food while he talks. Mr Christie responded that the move reinforced, for him, the childishness of his opponent. “It just renewed in my own mind what a child he is. He’s a baby. Whenever you want to criticise him, in any way, that’s the way he responds,” Mr Christie said. Likening that behaviour to that of a toddler, he added that Mr Trump should be “sent to [his] room, not to the White House”. “It’s so juvenile. He is such a spoiled baby,” Mr Christie continued. He then noted that he had been struggling with his weight and health for many years, quipping derisively that Mr Trump was “breaking news” with his response. Separately, Mr Trump accused the former governor of having a fixation on the word “small” during his town hall event in another Truth Social statement. “How many times did Chris Christie use the word SMALL? Does he have a psychological problem with SIZE? Actually, his speech was SMALL, and not very good. It rambled all over the place, and nobody had a clue of what he was talking about. Hard to watch, boring, but that’s what you get from a failed Governor (New Jersey) who left office with a 7% approval rating and then got run out of New Hampshire,” barked the former president. “This time, it won’t be any different!” It was, generally, a sign of the aggressive tone that both Mr Christie and Mr Trump plan to adopt in the GOP primary, which has heated up this week with the addition of three separate candidates in the field. Comparatively, their fellow candidates in the Republican primary have shied away from directly attacking the former president or responding to his own jabs at them. Not so for the New Jerseyan two-time presidential candidate, who laid into his opponent during his appearance in New Hampshire this week and accused the entire Trump family of the same “grift” and corruption which they accuse the Biden family of undertaking. He also tore into the former president’s record, characterising Mr Trump as an inefficient president who failed to address a number of problems — but namely immigration reform — during his four years in the White House. Read More Mike Pence isn’t even a contender for 2024. Why are we pretending? Fox News host apologises for ‘milkshake’ Chris Christie comment Pence accuses Trump of treating abortion issue as an ‘inconvenience’ Trump ridicules Chris Christie’s weight in edited 2024 campaign launch video The Republican presidential field is largely set. Here are takeaways on where the contest stands. Doug Burgum, little-known governor of North Dakota, announces White House run
2023-06-09 00:26
Supreme Court rules Alabama discriminated against Black voters in major victory for voting rights
In a victory for voting rights and Alabama voters, the US Supreme Court has ruled that the state likely violated the Voting Rights Act with a congressional redistricting plan that diluted the voting power of Black voters. The state likely discriminated against Black voters with a Republican-drawn map that packs most of the state’s Black residents into a single district, out of seven, despite Black residents making up 27 per cent of the state’s population. A key ruling in the case of Allen v Milligan on 8 June means that the state will have to re-draw its congressional map to include a second majority-Black district. The surprise 5-4 decision on the conservative-majority panel was written by Chief Justice John Roberts, joined by liberal Justices Elena Kagan, Ketanji Brown Jackson and Sonia Sotomayor, with partial but crucial concurrence from conservative Brett Kavanaugh. Consertive justices Samuel Alito, Amy Coney Barrett, Neil Gorsuch and Clarence Thomas dissented. Last year, a lower court ordered the state to draw new political boundaries that would create at least two districts in which Black voters would be more likely to elect a representative to Congress that more closely resembles the state’s demographics. The Voting Rights Act was drafted to prevent that kind of race-based dilution of Black voters. But attorneys for the state argued the opposite – that considering race to redraw political boundaries would mark an unconstitutional consideration of “racial targets” and “race-based sorting”, in violation of the 14th Amendment’s equal protection clause. The justices rejected that argument. A decision that sided with Alabama attorneys would have radically reduced Black voters’ political power and landed a critical blow to a state with a long history of racist violence and discrimination. Section 2 of the Voting Rights Act prohibits voting laws and election policies from discriminating on the basis of race. The state’s suggestion that “race should play no role whatsoever” to determine whether redistricting plans violate Section 2 would “rewrite” the law and “overturn decades of settled precedent,” according to the map’s challengers. Attorneys for President Joe Biden’s administration argued that Section 2 of the Voting Rights Act should be considered when “pervasive racial politics would otherwise deny minority voters equal electoral opportunities.” The map’s challengers argued that is precisely what is at stake in Alabama. The case stems from a lawsuit filed on behalf of Greater Birmingham Ministries, Alabama State Conference of the NAACP, and a group of voters represented by the American Civil Liberties Union and NAACP Legal Defense and Educational Fund, among others. A group of Black voters filed a similar lawsuit in 2018 and lost. The state’s sole majority-Black district – currently represented by Democratic US Rep Terri Sewell – has a voting population that is 60 per cent Black, roughly one-third of the state’s Black population. The state’s remaining Black population is “cracked” across the First, Second and Third congressional districts – all represented by white Republicans. “This decision is a crucial win against the continued onslaught of attacks on voting rights,” according to a statement from NAACP Legal Defense and Educational senior counsel Deuel Ross, who argued the case before the court last October. “Alabama attempted to rewrite federal law by saying race had no place in redistricting. But because of the state’s sordid and well-documented history of racial discrimination, race must be used to remedy that past and ensure communities of color are not boxed out of the electoral process,” he added. This is a developing story Read More Supreme Court to review South Carolina congressional map for discrimination against Black voters Supreme Court rules in favor of Black voters in Alabama redistricting case Main suspect in 2005 disappearance of Natalee Holloway due to be extradited to US Alabama senator says Space Command prefers Huntsville for HQ, but command has no comment
2023-06-08 23:26
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