
Barely a bear: Wall Street exits what turned out to be a fairly tame bear market
While it seemed scary and interminable, the bear market that Wall Street just exited turned out to be meeker than most
2023-06-09 04:48

White House Covid-19 Coordinator Dr. Ashish Jha leaving the administration
President Joe Biden on Thursday announced that Covid-19 coordinator Dr. Ashish Jha is leaving the administration.
2023-06-09 04:29

Chris Christie news – live: Ex-governor calls Trump ‘spoiled baby’ after mockery about his weight
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 in Manchester, New Hampshire. “It’s so juvenile. He is such a spoiled baby,” Mr Christie said. This is the second time Mr Christie has made a bid for the White House, the first being in 2016 when he lost to former president Donald Trump. Though Mr Christie lent his support to Mr Trump in 2016 when he dropped out of the race, he has since changed his opinion of the former president and become a vocal critic. That was evident on Tuesday, as he denounced his former ally as a corrupt narcissist and vowed to draw blood in his quest for the Republican nomination. He did so several times during the town hall event, notably by tearing into the former president’s family for “breathtaking” levels of corruption and “grift”, which he said had followed them through the White House and beyond. Read More Trump ridicules Chris Christie’s weight in edited 2024 campaign launch video Chris Christie gave Trump legitimacy. Now he can’t stop Trump in 2024 Fox News host apologises for ‘milkshake’ Chris Christie comment The Republican presidential field is largely set. Here are takeaways on where the contest stands. Chris Christie hits back at Trump’s mockery over his weight: ‘He’s such a spoiled baby’
2023-06-09 04:26

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 04:26

Off-duty officer testifies he didn't know just where shots fired from during Parkland massacre
A Florida police officer has testified he didn't initially know where shots were being fired from during the Parkland high school massacre five years ago
2023-06-09 04:18

DeSantis campaign posts fake images of Trump hugging Fauci in social media video
The presidential campaign for Florida Gov. Ron DeSantis released a video on social media that appears to use images generated by artificial intelligence to depict former President Donald Trump hugging Dr. Anthony Fauci.
2023-06-09 03:58

Exclusive-Bunge finalizing $30 billion-plus merger with Viterra -sources
By Abigail Summerville and Anirban Sen NEW YORK U.S. grains merchant Bunge Ltd is putting the final touches
2023-06-09 03:46

Trump braces for possible federal charges after being warned he's a target of documents probe
Former President Donald Trump and his aides are bracing for a potential indictment in the classified documents investigation as prosecutors handling the probe have been spotted at a Miami courthouse where a grand jury has been hearing from witnesses
2023-06-09 03:46

Smoke from wildfires, a fact of life in the West, catch outdoor workers off guard in the East
The hazardous haze from Canada’s wildfires is taking its toll on outdoor workers along the Eastern U.S. who carried on with their daily jobs even as dystopian orange skies forced the cancelation of sports events, school field trips and Broadway plays
2023-06-09 03:46

Stock market today: Wall Street drifts as investors await inflation data, Fed; GameStop tumbles
Stocks are drifting higher in late trading on Wall Street, continuing this week’s lull as markets wait for several big events next week
2023-06-09 03:26

Supreme Court rules for nursing home patient's family, declines to limit civil rights lawsuits
The Supreme Court has ruled for the family of a nursing home resident with dementia that had sued over his care
2023-06-09 03:23

Far-right members of Congress rebel against McCarthy and hold up House votes
Far-right members of Congress are blocking legislation in the House of Representatives in retaliation after the passage of a bipartisan agreement to lift the debt ceiling. The rebellion began earlier this week, when members of the conservative House Freedom Caucus voted against a rule to advance a bill that would prevent government action on gas stoves. Every Democrat voted against the bill, along with 12 Republicans, making it the first time a rule to pass a piece of legislation had failed to pass on the House floor since 2002. Many of the Republicans who opposed the rule also opposed the agreement to lift the debt limit, such as Reps Matt Gaetz (R-FL), Dan Bishop (R-NC), Chip Roy (R-TX) and Lauren Boebert (R-CO). Mr Gaetz said the blockade came in retaliation for the bipartisan debt ceiling agreement that House Republican leadership brokered with the White House that passed last week. “When Speaker McCarthy and House GOP Leadership couldn’t hold the line on spending, they surrendered the ability to exclusively hold the floor,” Mr Gaetz tweeted. “We are going to #HoldTheFloor and refuse to allow their failure theater to continue to play out.” “All we are asking is that Speaker McCarthy abide by the spending commitments he previously made,” Rep Ken Buck (R-CO) tweeted. “That’s not an unreasonable ask.” As a result, the House dismissed itself for the rest of the week and will not convene until Monday 12 June for votes. The logjam led to House Republican leadership blaming each other. “We’ve been through this before; you know we’re in a small majority,” House Speaker Kevin McCarthy said, The New York Times reported, also taking a swipe at House Majority Leader Steve Scalise for the failure to control procedure. “The majority leader runs the floor,” he told reporters. Many House conservatives said that Mr McCarthy broke a series of promises he made to them in January of this year, when they forced the House to go into 15 rounds before he became speaker. Mr Scalise said he was not privy to those negotiations with conservatives in an interview with Punchbowl News. “So I still don’t know what those agreements were,” he said. “Whatever they are, [conservatives] feel that the agreements were broken. That’s got to get resolved. Hopefully it does.” Read More Gaetz and Boebert vow to force McCarthy into ‘monogamous relationship’ Lauren Boebert claims she missed vote on debt ceiling deal because it was a ‘c**p sandwich’ Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90 Senators call on TikTok CEO to explain 'inaccurate' statements about how company manages US data Judge rules to release names of Rep. Santos bond cosigners, will say secret for now as appeal mulled
2023-06-09 03:19