In another expansion of his independent film and television empire, Byron Allen has added the Weather Channel to his Entertainment Studios portfolio. Terms of the deal were not disclosed, but reports peg the acquisition at around $300 million. Allen, the sole owner of Entertainment Studios, bought the parent company Weather […]
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10 percent of Congress is paying back student loans
Over 44 million Americans collectively hold nearly $1.5 trillion in student debt and almost no one is immune — including members of Congress. Even though the 115th Congress is one of the richest of all time, Roll Call found that one in 10 members holds student debt, either personally or […]
Watch: Trump takes part in panel discussion with White House officials
[The stream is slated to start at 2:15 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is scheduled to take part in the Generation Next Summit on Thursday. Trump will participate in a panel discussion at the summit […]
Forget Facebook: here are six other apps for staying in touch with friends
If you’re tired of Facebook, or — like me — you have decided you don’t trust the company with your private data any longer, there are plenty of other ways to stay in touch with friends. Here are six other ways to talk and keep your friends in the loop […]
Analyst predicts EA, Activision will launch titles with ‘Fortnite’-style gameplay within a year
The surging popularity of Epic Games’ “Fortnite” will spur other major gaming publishers to add “battle royale” modes to their major franchises, according to one Wall Street firm. “Fortnite” is one of the hottest pop culture phenomenons right now, attracting rap stars, top Twitch streamers and gamers alike. The title […]
Forget the phone—your next employer wants to interview you over text messages
The next time you apply for a job, don’t be surprised if the recruiter follows up with you via text message. It may sound like a scam, but a growing number of hiring managers are using text-based screenings as a way to recruit talent. “I wouldn’t be surprised, at least […]
Trump to slap China with $50 billion in tariffs over intellectual property theft
President Donald Trump was set to sign an executive memorandum on Thursday that would impose about $50 billion in retaliatory tariffs on Chinese imports. The new measures are designed to penalize China for trade practices that the Trump administration says involve stealing American companies’ intellectual property. They will primarily target […]
Paul Ryan talks up the spending bill for an audience of one on ‘Fox & Friends’
House Speaker Paul Ryan appeared to have one intended listener during a Thursday morning TV appearance to promote Congress’ massive spending bill: a reluctant president. President Donald Trump entered Wednesday hesitant to support the $1.3 trillion plan, which would pair a massive military funding increase with a boost to domestic […]
Trump’s big tariff blow on China may cause a backlash against Boeing
If China decides to respond to President Donald Trump’s announcement Thursday to slap $60 billion of tariffs on Chinese goods, the path to revenge could begin with Boeing, the darling of the rising stock market on which Trump has staked his claim to economic credibility. The measure is partly “based […]
Cramer: Facebook’s Zuckerberg and Sandberg can’t be trusted to handle data leak fallout
Facebook‘s top executives have lost public trust to handle the social media company’s data leak fallout, CNBC’s Jim Cramer said Thursday. “If we trusted [Mark Zuckerberg], we wouldn’t need to speak with him,” said Cramer, whose charitable trust owns shares of Facebook. CEO Zuckerberg, COO Sheryl Sandberg and Facebook board’s […]