FROM Jennifer Saba
California Running Out of Both Money and News In the San Francisco Bay Area, almost all employees at 22 dailies and weeklies have been asked to take buyouts. The same owner has reduced newspaper staffs in the San Gabriel Valley and the South Bay, with the San Fernando Valley’s Daily News said to be next. The Orange County Register says rising costs and reduced advertising mean it will print less news, and the latest Editor of the LA Times says his first job will be to “shrink the newsroom.” The new owner, Sam Zell, seems to be focused on anyone over the age of 53.
Tribune Sold to Sam Zell Since the Chandler family sold the Los Angeles Times to the Tribune Company of Chicago, there's been a parade of news editors and publishers, several of whom has left because of resistance to cutting costs. Now, the Times, along with KTLA Channel 5 , are the property of Chicago billionaire Sam Zell , who has no prior experience in the newspaper business. With an estimated $4.5 billion, Forbes calls him the 52 nd richest American . A story in today's LA Times says that Zell's interests are "purely economic." Zell himself says he has no editorial vision.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.