Last year a judge ordered Bill Cosby to pay $2.75 million in legal bills to a California law firm. The law firm, Quinn Emanuel Urquhart & Sullivan, of Los Angeles, Calif said Cosby hasn't paid the money as yet. Fox News reports that on Friday, the firm filed papers in Manhattan Supreme Court saying Cosby was delinquent in payment. The firm says because of 10 percent interest that has accrued, they are now owed $2.98 million.
The top writer for Fox News host Tucker Carlson has been fired. For years Blake Neff used a pseudonym to post bigoted remarks on an online forum that is a hotbed for racist, sexist, and other offensive content. Neff's posts frequently used the n-word and other derogatory slurs for blacks, latinos, Asians, gays, women, Muslims, and liberals. A Fox News spokesperson said Carlson could not be reached for comment. Neff did not respond to multiple requests for comment from CNN business.
Gizmodo reports that the former Grand Wizard of the Ku Klux Klan, David Duke, endorsed President Donald Trump on Twitter. On Thursday, Duke tweeted, "President Trump! You have one last chance to turn the tables, win this election and save America—and yourself!” In his tweet, the KKK leader encouraged Trump to replace VP, Mike Pence with Fox News host Tucker Carlson, who Gizmodo says is "notoriously racist." Duke continued, "Nominate Tucker Carlson for Vice President.
Kanye West is claiming he's done with Donald Trump and revealed he had COVID-19, CNBC has hired former Fox News anchor Shepard Smith to anchor an evening newscast for the cable news channel and CBS has fired 'Magnum P.I.' Peter Lenkov.
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Former special counsel Robert Mueller is defending his office's prosecution of Roger Stone. As part of Mueller's Russia investigation, Stone was convicted of lying to Congress, witness tampering and obstructing Congress. In an op-ed for the Washington Post, Mueller said Stone is still a convicted felon, despite President Donald Trump's commutation of Stone's sentence. Because his sentence has been commuted, he will not go to prison. But his conviction stands.
[NFA] The Republican president's re-election effort sees re-opening schools shuttered by the coronavirus as part of a plan to restore his standing among suburban voters. This report produced by Zachary Goelman.
US President Donald J. Trump has had a fraught relationship with Puerto Rico ever since Hurricane Maria devastated the island. Nearly 3,000 people died as a result of the storm and aftereffects, including widespread power outages. In fact, CNN reports that in Maria's aftermath, Trump once floated the idea, to then-acting DHS Secretary Elaine Duke, of selling the US territory. Can we outsource the electricity? Can we sell the island? You know, or divest of that asset? President Donald J.
President Donald Trump said "99%" of coronavirus cases in the US are "totally harmless." Dr. Anthony Fauci is the nation's top infectious-disease expert. Fauci said Trump's claim is "false." "I'm trying to figure out where the president got that number," Fauci said in a Financial Times interview published Friday. Business Insider reports that there is overwhelming evidence of COVID-19's effects contradicts Trump's statement.
Business Insider reports that Walgreens has halted its share buyback program. The pharmacy chain revealed it plans to cut 4,000 jobs after reporting worse-than-expected third-quarter figures. The drugstore giant lost $1.95 per share over the period. Thats $1.71 billion overall. The company's Boots UK division saw same-store sales nosedive 48% over the period. The reason? Walgreens says quarantine orders "compelled consumers to consolidate shopping into grocers.
Netflix is on the verge of reporting a blockbuster second quarter earnings report, according to Goldman Sachs. Business Insider reports that Goldman Sachs is basing their judgement on strong app download trends On Friday, Goldman raised its Netflix price target to $670, representing upside potential of 32% from Thursday's close. The firm said COVID-19 continues to accelerate the trend towards video streaming services. Goldman Sachs said Netflix is a prime beneficiary of that trend.
Business Insider reports that Chelsea Clinton is forming her own venture capital firm. The firm will be called Metrodora Ventures. It was registered in April and has its own Twitter account. Clinton hasn't decided whether to commit to the firm full-time, Axios reports. On Twitter, Metrodora Ventures describes itself as "a values conscious venture capital firm focused on health and learning businesses.
Business Insider reports that Walmart is set to launch Walmart+ by the end of this month. The subscription will cost $98 a year. It will offer members free same-day delivery from Walmart stores. Members will also get delivery perks, discounts at Walmart gas stations, early access to promotions, and self-checkout tools. The retailer will also introduce a Walmart+ branded credit card and possibly video entertainment.
Amazon's global ecommerce sales will reach $416.48 billion in 2020, according to Business Insiders latest latest estimates. Consumers are relying more heavily on e-commerce due to COVID-19. The new figure is about $12 billion more than our pre-pandemic estimates. Most of Amazon's sales come from the US. However, the pandemic has also fueled growth in Germany, the UK and Japan.
New Zealand's former prime minister Helen Clark warned on Friday (July 10) if the world remained "flat-footed" in its response to pandemics it faces future economic, social and political crisis, after she was appointed by the World Health Organisation (WHO) to lead a review of the global response to the COVID-19 pandemic.
With promises of extra financing for small businesses and more jobs as a severe economic downturn looms, New Zealand Prime Minister Jacinda Ardern on Sunday (July 5) launched her party's campaign ahead of September general election.
An entire wild west town is for sale in rural New Zealand. The USD $7.5 million Mellonsfolly Ranch was built in 2006 ‘for fun’ by a successful New Zealand businessman. It consists of ten period themed buildings that meticulously replicate an 1860s Wyoming frontier town. Set in the heart of a 900-acre ranch, it features a boutique hotel, a licensed saloon, a courthouse that doubles as a cinema, a sheriff’s office and a billiards lounge. New Zealand Sotheby’s say: “the majestic and unique nature of this property has resulted unprecedented global interest.".
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