Money

'Outrageous:' Gretchen Carlson and others react to new Bill O'Reilly revelation

Ex-Fox News anchor responds to O’Reilly story “I think it’s horrifying and outrageous.” On CNN’s “Reliable Sources” Sunday morning, Gretchen Carlson summed up how a lot of people felt about the latest revelation involving Bill O’Reilly and sexual harassment allegations. The New York Times reported on Saturday that O’Reilly paid $ 32 million to a Fox News colleague who threatened to sue him for alleged sexual misconduct. The settlement was struck in January. It was supposed to stay secret. Weeks later, Fox News renewed O’Reilly’s contract, reportedly worth $ 25 ...

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Jemele Hill to return to ESPN after two-week suspension

ESPN suspends host Jemele Hill Jemele Hill will return to ESPN on Monday after a two-week suspension that she said was “deserved.” Hill, who was suspended due to a second violation of the company’s social media guidelines, confirmed to TMZ Sports that she will be back on Monday to co-host SportsCenter’s 6PM show, SC6, saying she looks forward to being in a “good healthy place” with the network. She also weighed in about the network’s decision to suspend her. “Here’s the reality, ESPN acted what they felt was right, and ...

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It's primetime for Amazon and sizzling Dow stocks

NYC went orange in a bid for Amazon’s next headquarters 1. High-flying stocks: The hype has been building for months. Now Amazon and the four leaders of the scorching-hot Dow will have to deliver. The stock market boom has raised the bar for the dozens of companies reporting quarterly numbers this week. Much of the spotlight will be directed towards Amazon, the $ 475 billion Jeff Bezos juggernaut that seems to be on top of the world right now. Wall Street has also showered love on a foursome of big ...

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Project Loon partners with AT&T in Puerto Rico

Puerto Rico one month after Hurricane Maria AT&T and a Google-born moonshot project have teamed up to beam cell service to hurricane-ravaged Puerto Rico from giant floating balloons. It’s called Project Loon, and it was developed by X, a former branch of Google that became part of Alphabet(GOOG) when the company restructured. The idea is to broaden coverage using balloons that function like mobile cell towers. To bring the service to Puerto Rico, X needed a telecommunications partner in the area. That’s where AT&T came in. The companies said Friday ...

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Fox gave Bill O'Reilly big contract after $32 million settlement

NYT: O’Reilly settled $ 32 million sexual harassment claim $ 32 million. Bill O’Reilly paid $ 32 million to a Fox News colleague who threatened to sue him for alleged sexual misconduct. The staggering sum — paid to longtime Fox News legal analyst Lis Wiehl — was revealed in a New York Times exposé on Saturday. The story immediately raised new questions about the ongoing Justice Department investigation into Fox News. Observers speculated that the revelation could cause further trouble for Fox’s parent company 21st Century Fox. British regulators said ...

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Nursing homes benefitting from Medicaid loophole

The common area of the nursing home at Westminster Village North in Indianapolis, which has benefited from additional federal Medicaid funding. (Courtesy of Westminster Village North) Westminster Village North, a nursing home and retirement community in Indianapolis, recently added 25 beds and two kitchens to speed food delivery to residents. It also redesigned patient rooms to ease wheelchair use and added Wi-Fi and flatscreen televisions. “We have seen amazing changes and created a more home-like environment for our residents,” said Shelley Rauch, executive director of the home. The nursing home ...

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'I heard you rape women': How journalist Kim Masters stood up to 'bully' Harvey Weinstein

Journalist Kim Masters remembers the first time she met Harvey Weinstein in person. To recount the episode in this week’s Reliable Sources podcast, Masters, an editor at large at The Hollywood Reporter, asked host Brian Stelter for permission to use “the S word.” Masters and Weinstein met about 20 years ago, at an off-the-record lunch on the patio of the Peninsula hotel in Beverly Hills. Masters had been pursuing the story of Weinstein’s sexual misconduct allegations for a long time, but was struggling to find sources who were willing to ...

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Amid uncertainty, America's uninsured rate climbs

How Trump is upending Obamacare The number of uninsured Americans has risen to a three-year high after falling for years thanks in large part to Obamacare. Overall, 12.3% of Americanadults lackedinsurance in the third quarter of 2017, according to the Gallup-Sharecare Well-Being Index. That’s the highest figure since the end of 2014, when the rate was at 12.9%. The latest figure marks an increase of 0.6 percentage points — or 1.5 million Americans, by Gallup’s count — from the second quarter of this year. Under the Affordable Care Act, the ...

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Deficit for 2017 hits $666 billion

Watch Trump’s budget director change his tune on deficits The federal deficit for fiscal year 2017, which ended last month, hit $ 666 billion, according to new numbers released Friday by the Treasury Department and White House budget office. That’s $ 80 billion higher than the year before. The deficit reached 3.5% of the size of the economy, or GDP. In 2016, the deficit was 3.2% of GDP. The deficit reflects the gap between how much the government brings in and what it spends. Accrued deficits over the years contribute ...

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