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Smartmatic and Newsmax have reached a settlement in the voting technology company’s election defamation lawsuit against the right-wing news outlet shortly before the case was set to go to trial. The lawsuit focused on Newsmax's false claims that Smartmatic's machines rigged the 2020 presidential election for Joe Biden. Smartmatic sued Newsmax Media in 2021, alleging it claimed Smartmatic’s devices rigged the 2020 election. Former President Donald Trump and his allies have continued to promote false claims that the 2020 election results were manipulated to favor Biden. Smartmatic in April settled a similar defamation lawsuit against One America News for a sum that was not disclosed publicly.
Persons: Joe Biden, Newsmax, Smartmatic, Samira, Saba, Donald Trump, Biden Organizations: Newsmax, Newsmax Media, One America, Fox News, Fox Corp, Dominion Voting Systems Locations: Samira Saba
Despite Aurora becoming a regular talking point at his rallies, a Trump campaign spokesperson declined to specify when or if the former president would visit the city. But Aurora has some important differences: It has a much larger population and has long been diverse. There has been crime, but it’s not clear how much of it is gang-related or directly attributed to increased migration. “They’re going in with guns that are beyond even military scope and they’re taking over apartment buildings,” Trump said Wednesday in North Carolina. Resources in Denver have been stretched thin — and migrants have sought housing in neighboring Aurora, where rent is cheaper.
Persons: Donald Trump, Mike Coffman, who’s, Trump, Coffman, , “ They’re, ” Trump, Cindy Romero didn’t, ” Romero, ” She’d, , Romero, Greg Abbott, Emily Goodman, ” Coffman, Goodman, ” Goodman, Tren, it’s, Todd Chamberlain, ” Chamberlain, Kamala Harris, he’d, “ I’m, “ I’ve, They’re, ” Carlos Ordosgoitti, ” Ordosgoitti Organizations: AURORA, Republican, GOP, Aurora, Trump, Dallas, Texas Gov, Resources, East, East Colfax Community, NBC, they’ve, Fox News Locations: Colo, Colorado’s, Springfield , Ohio, , Charleroi, Pa, Aurora, North Carolina, Denver, East Colfax, Venezuelan, He’s, Venezuela
Washington CNN —Jury selection is set to begin Thursday in a closely watched defamation trial pitting voting technology company Smartmatic against the right-wing cable network Newsmax, in a high-stakes case over the airing of false 2020 election claims. The Newsmax case revolves around the same false claims, championed by former President Donald Trump and his Republican allies, that the 2020 election was rigged by Smartmatic software and others. The Florida-based company sued Newsmax and other right-wing outlets and figures in 2021, alleging that its reputation was destroyed by the lies. The Newsmax case will test the legal limits of publishing lies about the 2020 election, and the trial will play out during the final stretch of the 2024 campaign. ‘Dozens’ of defamatory reportsAfter mainstream news outlets – and even Fox News – projected that Democratic nominee Joe Biden would win the 2020 election, Trump and his surrogates falsely claimed that he won.
Persons: Donald Trump, Newsmax, , , ” Howard Cooper, Eric Davis, Davis, it’s, Katie Townsend, Smartmatic, Joe Biden, Trump, Chris Ruddy, Biden, wasn’t, Sidney Powell, ” Sidney Powell, Rudy Giuliani, Sarah Silbiger, Greg Kelly, Powell, Chris Salcedo, Smartmatic “, John Bachman, Smartmatic’s, Bachman, Liz Harrington, Ruddy, Kelly, Salcedo, Eric Robinson, ” Newsmax, Bill Daddi, ” Smartmatic’s, Erik Connolly, “ …, Bob Sellers, Emerald Robinson Organizations: Washington CNN, Delaware Superior Court, Fox News, Voting Systems, Republican, Trump, Freedom, Press, Fox, Democratic, The Washington Post, Republican National Committee, , Newsmax, University of South, Electoral College ” Locations: Delaware Superior, The Florida, Wilmington , Delaware, New York, Los Angeles County, University of South Carolina, Philippines, Venezuela
The pro-Trump cable outlet Newsmax and voting technology company Smartmatic settled a major 2020 election defamation lawsuit Thursday in a last-minute agreement to avoid a high-stakes trial. But in the run-up to the trial, Smartmatic’s hand weakened significantly, further raising the possibility of a settlement. Smartmatic has claimed that the lies promoted by Newsmax, Fox News, and other Trump allies destroyed its reputation and cost the company billions of dollars. However, as the Newsmax trial approached, Smartmatic’s lawyers reduced the company’s damages claim to approximately $370 million, according to statements in court. It often makes sense to settle rather than pay the expenses of a trial and possible appeals.”The settlement is the latest in a string of 2020 election defamation cases to reach an out-of-court agreement before trial.
Persons: Smartmatic, Newsmax, Erik Connolly, ” Connolly, “ Smartmatic, Donald Trump, ” Howard Cooper, Trump, Eric Davis, , Eric Robinson Organizations: Trump, Smartmatic, Newsmax, Fox News, University of South, Dominion, Systems, News, Fox Corporation, Fox Locations: Wilmington , Delaware, . Delaware, , University of South Carolina
Opinion | The Tech Bro Style in American Politics
  + stars: | 2024-09-26 | by ( Paul Krugman | ) www.nytimes.com   time to read: +1 min
It seems hard to believe now, but in 2021, Time named Elon Musk its Person of the Year. Musk’s right-wing turn isn’t universal or even typical: Reporting suggests that even with the rightward turn of several boldface names, Silicon Valley remains heavily Democratic. But right-wing tech bros are exerting a significant and, I’d argue, malign influence on the political landscape. Consider the case of JD Vance, the junior senator from Ohio and Donald Trump’s running mate. He’s a remarkable campaigner — remarkable, that is, in the sense that he seems incredibly bad at it.
Persons: Elon, Musk, I’d, JD Vance, Donald Trump’s, Vance, , rollouts Organizations: Time, SpaceX, Twitter Locations: Silicon, Ohio
OpenAI is said to be closing a funding round that could value the company at as much as $150 billion. "Kushner is betting the ranch on OpenAI and Sam Altman just as Masa Son pledged 40% of his Vision Fund on Yahoo and Jerry Yang. "Second, Sam Altman has proven himself to be one of the greatest tech founders of this generation. Sam Altman has said that AI superintelligence could be a reality within "a few thousand days ." "Everybody wants Sam Altman at the helm, and they're willing to do anything to keep him as the CEO.
Persons: OpenAI, , Sam Altman, ChatGPT, Mira Murati, Bob McGrew, Barret Zoph, Murati's, John Schulman's, Joe Aaron, Aaron, Capital's Josh Kushner, Kushner, Masa Son, Jerry Yang, Jerry Yang wasn't, Jai Das, Goldman Sachs, who's, Altman, they've, Ben Narasin, They're Organizations: Service, Research, Post, Reuters, Nvidia, Apple, Fund, Yahoo, Sapphire Ventures, Venture Locations: Silicon, UAE, OpenAI
CNN —Japan’s ruling party will elect its new leader Friday, and the winner will become the country’s next prime minister. Prime Minister Fumio Kishida is not in the running after his surprise announcement last month that he would step down following a series of political scandals that fueled calls for him to resign. With the upcoming US presidential election, the new prime minister will navigate Japan’s relations with a new American leader at a time of growing security challenges in Asia, including an increasingly assertive China and a belligerent North Korea. Koizumi, 43, is the US-educated, charismatic son of popular former prime minister Junichiro Koizumi, and could be Japan’s youngest prime minister of the post-war period. He sits on the more progressive wing of the conservative party.
Persons: CNN —, Shinjiro Koizumi, Shigeru Ishiba, Fumio Kishida, haven’t, Kishida, , Koizumi, ” Yu Uchiyama, Margaret Thatcher, Shinzo Abe, , Junichiro Koizumi, acceding, Ishiba Organizations: CNN, Liberal Democratic Party, LDP, Partnership, Tokyo University, Reuters, Bank of, NATO Locations: Japan, China, Japan’s, American, Asia, North Korea, Pacific, South Korea, Bank of Japan
Murdoch and his eldest children descended on a Reno courthouse to appear for evidentiary hearings in a secret trial to determine whether the 93-year-old can alter the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire after he dies. Murdoch wants to amend the trust so that his eldest son and chosen successor, Lachlan, will remain in charge for decades to come. But the three other Murdoch children — James, Elisabeth and Prudence — oppose the change, and have challenged it in court. In the coming days or weeks, a probate commissioner will issue a report and recommendation on whether Murdoch can change the family trust, according to Elyse Tyrell, an attorney in Las Vegas who specializes in trusts and estates. Each party will then have 10 days to object to his report and recommendation, Tyrell said.
Persons: Rupert Murdoch’s, Murdoch, Lachlan, James, Elisabeth, Prudence —, Elyse Tyrell, Tyrell, ” Tyrell, , Organizations: New, New York CNN, Fox News, The New York Times, Wall Street, Fox, Street, New York Post, CNN, Nevada Supreme Locations: New York, Reno, Las Vegas, Nevada, Australia, American
Those officials were clear: The question was not if Israel and Hezbollah would accept the ceasefire proposal, but precisely when. But only hours later, Israeli Prime Minister Benjamin Netanyahu would throw cold water on the multi-national proposal. “I can’t speak for Prime Minister Netanyahu, I can’t answer the question why he said what he said,” he told reporters. Secretary of State Antony Blinken met with top Israeli officials in New York Thursday afternoon. Dermer and Israeli Ambassador Michael Herzog demurred when asked by CNN ahead of that meeting if they are going to accept the ceasefire proposal between Israel and Hezbollah.
Persons: Benjamin Netanyahu, Israel, Netanyahu, Ron Dermer, Jake Sullivan, Emmanuel Macron, , Biden, Karine Jean, Pierre, John Kirby, wasn’t, ” Kirby, Antony Blinken, Michael Herzog demurred, Dermer Organizations: CNN — Senior, Israeli, IDF, White, CNN Locations: United States, Israel, Lebanon, New York City, Washington, Netanyahu’s, Dermer, New York
In the seven most competitive Senate races, Democratic campaigns and outside groups launched 33 TV ads on abortion just in the last week, according to the ad-tracking firm AdImpact. Just one Republican ad, a Spanish-language spot from an outside group targeting Democratic Sen. Jacky Rosen of Nevada, mentioned abortion. Some Republicans warned that the party's failure to counter abortion attacks cost them crucial seats that year. In Arizona, Republican Senate candidate Kari Lake has softened her position on abortion rights. Sadly, by the way, there’s a lot of suburban women, a lot of suburban women that are like, ‘Listen, abortion is it.
Persons: Bernie Moreno’s, Sherrod Brown, “ Bernie oof, , Moreno, , Bernie, Sherrod, Sherrod Brown’s, Nikki Haley, Kamala Harris, Democratic Sen, Jacky Rosen of, Sarah Guggenheimer, Tommy Garcia, Joe Biden's, Harris, Gail Gitcho, Sam Brown, Pennsylvania's Dave McCormick, Larry Hogan —, Florida Sen, Rick Scott, Mike Berg, Lauren Zelt, Mitt Romney's, , Sen, Jon Tester, Tim Sheehy, Debbie Mucarsel Powell, Republican Sen, Amy Walter, haven't, Kari Lake, Republican Sam Brown, Brown, Alex Conant, it’s, Conant, Moreno’s, Reagan McCarthy, Ohioans, “ Moreno, ” Brown, Reeves Oyster Organizations: Ohio, GOP, Republican, Democratic, PAC, Democrats, Republicans, NBC News, Trump, didn’t, , NBC, WCMH Locations: Ohio, Spanish, Jacky Rosen of Nevada, Florida, America, Arizona, Florida , Nevada, Montana, Nevada, Columbus
Hezbollah’s main base is on the Israel-Lebanon border, where the militant group and Israel have seen near-daily clashes since the war in Gaza began. The rise of Hezbollah: As droves of Palestinian fighters left Lebanon, a band of Shia Islamist fighters trained by Iran burst onto the scene. Support for Gaza: Hezbollah is part of a larger Iran-led alliance of militant groups spanning Yemen, Syria, Gaza, and Iraq that has increasingly clashed with Israel and its allies since the war with Hamas started — and has vowed to continue until the war ends. Displaced residents: The increase in cross-border fighting has forced people from their homes in both Israel and Lebanon. On Tuesday, Israel made it a new war objective to return tens of thousands of Israel’s northern residents to their homes near the border.
Persons: , Israel, Hezbollah’s, Fu’ad Organizations: Christian Lebanese, Hezbollah Locations: Israel, Lebanon, Gaza, Beirut, Lebanese, Palestinian, Iran, Yemen, Syria, Iraq
The number of Republican women in the House has tripled to a record 36, including two nonvoting members. Others involved in the effort to boost GOP women are also hopeful they can reach a new milestone this year. The number of House candidates has dropped overall since 2022, a redistricting year that brought a surge of new candidates. The Center for Women and Politics found the steepest drop was among Republican women. For Stefanik, the effort to recruit more GOP women to run for the House has been a resounding success.
Persons: Elise Stefanik, Stefanik, , Danielle Barrow, , — Texas ’ Kay Granger, Washington’s Cathy McMorris Rodgers, Debbie Lesko —, Jenniffer, Julie Fedorchak, Carolina’s Sheri Biggs, Amy Walter, ” Stefanik, Young Kim, Michelle Steel, Lori Chavez, Yvette Herrell, Mayra Flores, York’s Alison Esposito, Alabama’s Caroleen Dobson, Tom Emmer, , Donald Trump’s, Barrow, Susan B, Anthony Pro, Nancy Dahlstrom, Republican Nick Begich, “ We’re, Marie Gluesenkamp Perez, Leslie Lewallen, Joe Kent, Kent, Gluesenkamp Perez, “ Joe Kent, Joe Biden, Kamala Harris, Harris Organizations: GOP, Republican, Action, — Texas, Puerto, Republicans, National Republican Congressional, Center for Women, Rutgers Eagleton Institute of Politics, Women, RightNOW, America, Democratic, House, Gov, Trump, Fund, Camas City, Green Beret, Congress, Navy, NBC News, New Locations: Puerto Rico’s, Democratic, , California, Oregon, New Mexico, Mayra Flores of Texas, Minnesota, Stefanik, Washington’s, Camas, Kent, New York, Syria
The speech will tie together various themes of the Harris campaign, including her own biography and how it defines her economic vision. Harris plans to describe her economic vision as “pragmatic” and not “bound by ideology,” the official said. Not those who mop the floors,” Harris plans to say. “I’m going to be giving a speech this week that is really to outline my vision for the economy,” Harris told reporters Sunday. “According to our recent polling, Black voters’ economic priorities include reducing costs and increasing wealth.
Persons: Kamala Harris, Donald Trump’s, Harris, , Trump, Donald Trump, ” Harris, Joe Biden, It’s, “ I’m, you’ve, I’ve, , ” Terrance Woodbury Organizations: PITTSBURGH, Democratic, NBC News, NBC, Biden, HIT, Black Locations: Pennsylvania, Michigan, Wisconsin, Nevada, Pittsburgh
Propagandists in China, Iran and Russia are using artificial intelligence to create content designed to deceive Americans ahead of the November presidential election, federal intelligence officials said Monday. In a conference call about foreign election interference efforts organized by the Office of the Director of National Intelligence, officials said the U.S. intelligence community has concluded that AI has made it easier to create disinformation, but has not fundamentally changed the way those actors operate. “The IC considers AI a malign influence accelerant, not yet a revolutionary influence tool. In other words, information operations are the threat, and AI is an enabler,” said one ODNI official, referring to the U.S. intelligence community. Russia has a much more sophisticated understanding of American politics than Iran, the intelligence official said Monday.
Persons: , OpenAI, Trump’s, Trump, Donald Trump’s Organizations: National Intelligence, Western, National Security Agency, NSA, Microsoft, Clemson University, Trump, Democratic, Federal, Republican Locations: China, Iran, Russia, U.S, Ukraine
At risk of collapsing before the year is out, the new lineup will have to do a delicate dance with the far right in order to survive. By pandering to the right, Macron hopes his government can safeguard his legacy after the left pledged to repeal some of his key policies, such as controversial pension reforms. New faces include veteran conservative Bruno Retailleau at the interior ministry whose hardline stance on immigration appeals to the far right. The president – a former left-wing minister – is now beholden to the support of the far right. Yet in this summer’s snap election, they are the very group Macron tried to keep out of government through his party’s “cordon sanitaire” voting alliance with France’s left.
Persons: Emmanuel, Macron, Michel Barnier, Barnier, Bruno Retailleau, Dimitar Dilkoff, Jean, Luc Melenchon, Jordan Bardella, , , France’s Organizations: Paris CNN —, Front, National, Getty Locations: Paris, AFP
Two of Walz’s false claims are related to Project 2025, the Heritage Foundation think tank’s detailed right-wing blueprint for the next Republican administration. Project 2025 has been the subject of multiple false or misleading claims from Vice President Kamala Harris’ campaign this summer. Project 2025 does not propose to make people register with any federal agency when they get pregnant. Project 2025 is firmly anti-abortion; it proposes, among other things, to criminalize the mailing of abortion medication and devices. In fact, Vance made the comment before Project 2025 was even created.
Persons: Tim Walz, Sen, JD Vance, Ohio, Donald Trump ., Kamala Harris ’, Walz, Trump, , , ” Walz, Roger Severino, ” –, Walz didn’t, , Vance, Harris Organizations: Washington CNN, Minnesota Gov, Democratic, Republican, Heritage Foundation, Trump, for Disease Control, Prevention, CDC, Department of Health, Human Services, United States Agency, International Development’s, Gender, , Women, USAID, ” CNN, Federal, Biden Locations: North Carolina, Wisconsin, Minnesota, Pennsylvania, Raleigh , North Carolina
CNN —The FBI on Monday reported that violent crime dropped across the US last year, registering the steepest annual decline in murders in decades. But the report was almost entirely ignored by right-wing media outlets, which have pushed a false narrative that crime is surging under President Joe Biden. Overall crime fell by 3% and property crime fell by 2.4%. The routine release of FBI data comes just weeks before a high-stakes presidential election in which perceptions of crime and safety have become a key political flashpoint. The decision by right-wing media outlets to bury the report underscores the disconnect between public perception on the issue of crime and the reality of falling crime rates.
Persons: Joe Biden, Donald Trump, , Bret Baier, Baier, Elon Musk, wasn’t, Fox’s, Breitbart, Newsmax, Gallup, , Jeff Asher Organizations: CNN, FBI, Associated Press, NBC, The New York Times, Trump, Fox News, Fox, America, Daily, Washington Examiner, Epoch Times, Reuters, Social Locations:
London CNN —TikTok has removed accounts associated with two Russian media groups for trying to exercise what it called “covert influence” on the upcoming US presidential election, in violation of its guidelines. The covert influence campaign was aimed at the American public ahead of the presidential election, US officials said. Tenet Media boasts a slate of high-profile right-wing, pro-Trump commentators, including Tim Pool, Dave Rubin, Benny Johnson and several others. After the Justice Department announcement, RT responded with mocking statements that did not address the specifics of the US allegations. TikTok, for its part, has itself faced questions over whether or not the Chinese government can manipulate its algorithm to influence the American public.
Persons: London CNN — TikTok, Rossiya, Tim Pool, Dave Rubin, Benny Johnson, Joe Biden Organizations: London CNN, Novosti, Sputnik, Meta, CNN, US Justice Department, Tenet Media, Trump, Department Locations: United States
Vittorio Zunino Celotto/Getty ImagesCreative director Mattieu Blazy said “it’s like that first day at school when (you arrive) looking impeccable and you come back at the end of the day crumpled.” Vittorio Zunino Celotto/Getty ImagesPerfectly imperfectHigh octane glamour was dialled right down, too. Blouses also popped up at Marni, N°21 and Bottega Veneta — ranging from clean cut, office-ready designs to the more flouncy and feminine. Vittorio Zunino Celotto/Getty ImagesPointe shoes were reimagined as thong sandals. Vittorio Zunino Celotto/Getty ImagesElsewhere at Fendi, soft, bathrobe-like gowns — much like the one recently worn by Rihanna — were worn with sheer embroidered socks. Vittorio Zunino Celotto/Getty ImagesMiuccia Prada told the press she was "very very nervous” about presenting this collection.
Persons: Milan, Miuccia Prada, Prada, Max Mara’s, Max Mara, Ian Griffiths, , Maximillian Davis, Matthieu Blazy, Vittorio Zunino Celotto, Mattieu Blazy, , Kim Jones, chunky, Kate Moss, Kate, Gucci’s Sabato de Sarno, Normcore, she’s, Peter Pan, Jil Sander, Lucie, Luke Meier, chinoiserie, you’ll, Francesco Risso’s, Alessandro Dell’Acqua, ord, Versace, Donatella, Madonna, philes, Jean, Paul Gaultier, Gaultier, Rachpoot, Bauer, Griffin, Domenico Dolce, Stefano Gabbana, Julianne Moore, Jacob Elordi, Kendall Jenner, Michelle Yeoh —, Steven Spielberg’s, E.T, Blazy, Jacopo M, Donatella Versace, Jonas Gustavsson, Maximilian Davis, Victor Virgile, Prada Sabato, Daniele Venturelli, Karen Elson, Roberto Cavalli, Piovanotto Marco, Rihanna —, Versace Kim Jones, Gabriel Bouys, Adrian Appiolaza, Marco Beroorello, Marco Bertorello, Ferragamo, Delphine Achard, Francesco Risso's Marni, Mattieu, Judy Blame, Justin Shin, Boss, Raf Simmons Organizations: Milan CNN, Milan, Brands, Prada, Bottega Veneta, Red Wing, Dolce, Gabbana, Rocky, Getty, Moschino, Milan Fashion Locations: , Ferragamo, Bottega, buttoned, Marni, Milan, AFP, British
Australia's central bank keeps rates on hold, stays hawkish
  + stars: | 2024-09-24 | by ( ) www.cnbc.com   time to read: +2 min
Reserve Bank of Australia (RBA) at the central bank's building in Sydney, Australia on May 2, 2022. The hawkish stance sent the Australian dollar 0.4% higher to $0.6864, the highest this year, and markets pared the chance of a December rate cut to 59% from 64% before the decision. Markets had wagered heavily on a steady outcome given underlying inflation remained sticky and the labor market held up surprisingly well. Governor Michele Bullock has used every opportunity recently to stress that the central bank does not expect a near-term rate cut. The RBA already trails other central bank in cutting rates, and the political pressure is ramping up for an easing.
Persons: Michele Bullock Organizations: Bank of Australia, Federal Reserve, Reserve Bank of Australia, Wednesday, Greens, Monday Locations: Sydney, Australia, Australia's
In private, Zuckerberg identifies with the libertarian ideology, sources told the New York Times. AdvertisementOut of the public eye, Mark Zuckerberg identifies with libertarianism — or at least that's according to the few sources privy to his private political thoughts. As Zuckerberg attempts to convince Republicans that he, and his company Meta, are nonpartisan, sources told the New York Times that he's sunk into a political cynicism. Much of the animosity toward Zuckerberg trickles down from the top of the party, beginning with former President Donald Trump himself. Zuckerberg suspended Trump's Facebook account after the events of January 6 and thus ignited the former president's anger.
Persons: Zuckerberg, Zuck, , Mark Zuckerberg, Brian Baker, Donald Trump Organizations: New York Times, Service, Republicans, Meta, Facebook
NBC News takes a look at the hostages who remain in Hamas captivity. Other hostages have been found dead, including the six who were killed by Hamas last month. Hamas also holds two hostages, one taken in 2014 and the other in 2015, as well as the bodies of two slain Israeli soldiers. And after the recent killing of the six hostages in Gaza, Hamas said that hostage guards had been operating under new orders. Judith Weinstein, 70, and Gadi Haggai, 73Married couple Judith Weinstein and Gadi Haggai, both American citizens, were initially believed to have been taken hostage by Hamas, but their statuses were unclear.
Persons: Lee Siegel, Keith Siegel, Aviva Siegel, Lee, , Noa Argamani, — Alon Shamriz, Yotam Haim, Samer Talalka —, Hersh Goldberg, — Nik Beizer, Ron Sherman, Elia Toledano, Siegel, Omri Miran, Miran, Keith, Chen, Nir Oz, Jonathan Dekel, Abu Ubaida, Al, Edan Alexander, , , Yael Alexander, Omer Neutra, NBC's, Hersh, Neutra’s, Orna Neutra, Itay Chen, Ruby, Hagit Chen, Judith Weinstein, Gadi Haggai, Joe Biden Organizations: Aviva, NBC, Israel Defense Forces, Sunday, Hamas, Brigades Locations: Israel, Gaza, American, shrouds, New Jersey
Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at the company. Southwest over the summer announced a host of major changes to its more than 50-year-old business model to drum up revenue. It plans to ditch open seating for assigned seats, offer seats with more legroom that fetch a higher fare and start red-eye flights. We also have to change our network,” Watterson said in the video, a transcript of which was seen by CNBC. Southwest did not immediately comment on the staff message.
Persons: Andrew Watterson, , ” Watterson, Elliott, Gary Kelly Organizations: Southwest Airlines, Elliott Investment Management, Google, CNBC, JetBlue, Southwest, Wing Locations: It’s, Dallas
The biggest story in media right now has nothing to do with sexting. But recently, Rupert Murdoch has been trying to change those plans, and pass along full control to Lachlan Murdoch, who now has the CEO title at both News Corp and Fox. AdvertisementElisabeth Murdoch and her father, Rupert Murdoch, pictured in 2010. I think Lachlan would hope to figure out ways to keep on keeping on. Related storiesThroughout his career, Rupert Murdoch was always willing to sell assets he'd spent time and money acquiring.
Persons: Rupert Murodoch's, Murdoch, haven't, Rupert Murdoch's, Lachlan, James, Elisabeth, Prudence —, Rupert Murdoch, Lachlan Murdoch, David Folkenflik, Elisabeth Murdoch, Samir Hussein, he'd, didn't, I've, Rupert, Prudence Murdoch, Prudence MacLeod, Evan Agostini, It's, He's, it's, NPR's David Folkenflik, Gabriel Sherman, you've, Suzanne Scott, who've Organizations: Service, Fox News, Business, — News Corp, New York Post, Street Journal, Fox Corp, Fox, News Corp, HBO, Trump . Fox News, Disney, Sky News, Capitol, NPR, Nevada Supreme, Court, Corp, Old Media, Fair, NBC, Street Locations: Reno , Nevada, Nevada, Rupert's, Australia, Reno
Southwest Airlines has warned employees that it will have to make "difficult decisions" ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at the company. Southwest over the summer announced a host of major changes to its more than 50-year-old business model to drum up revenue. It plans to ditch open seating for assigned seats, offer seats with more legroom that fetch a higher fare and start red-eye flights. We also have to change our network," Watterson said in the video, a transcript of which was seen by CNBC. Southwest did not immediately comment on the staff message.
Persons: Andrew Watterson, Watterson, Elliott, Gary Kelly Organizations: Southwest Airlines, Elliott Investment Management, Google, CNBC, JetBlue, Southwest, Wing Locations: It's, Dallas
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