FROM Ken Auletta
Murdoch Moves In a surprise move, 83-year-old media mogul Rupert Murdoch is giving his two sons new positions in his companies, apparently setting them up to succeed him. Lachlan Murdoch, Rupert’s oldest son, was named non-executive co-chairman of 21st Century Fox and the News Corp. today. Meanwhile Lachlan’s brother, James, has been promoted to co-chief operating officer at 21st Century Fox. The new appointments have big implications for the future of the Murdoch media empire.
New York Times Given Junk Status In May, $400 million of debt will come due for the owners of the New York Times . With advertising revenue practically disappearing, the timing couldn't be worse. A $250 million loan from Mexican telephone mogul Carlos Slim will help, but not enough for Moody's Investment Services to change its last week's labeling of the Times as a " junk-level " investment. Ken Auletta, a columnist and contributor to the New Yorker magazine, is working on his eleventh book on the future of the media.
States allowed to strip federal funds from abortion clinics President Trump signed the law allowing states to block federal funding to family planning clinics that offer abortions. Critics say this could potentially devastate the health care network that low-income women rely on for birth control and other reproductive care.
Sen. Dianne Feinstein faces an angry town hall crowd Senator Dianne Feinstein faced an angry crowd at her town hall in Los Angeles Thursday. The anger came from her would-be supporters -- people on the left. Also, a new bill wants to make it illegal for local police to cooperate with the feds who are targeting marijuana growers.
Elif Batuman: The Idiot Selin, the heroine of Batuman’s autobiographical first novel, The Idiot, is an 18-year-old Harvard freshman of Turkish-American descent. Set in 1995, the novel observes the rise of internet culture.
What's at stake if Hollywood writers strike? Writers in Hollywood just finished voting yay or nay to go on strike. The vote is expected to be in favor, but that doesn’t necessarily mean they’ll walk off the job. We get the details and look at the effects of the last strike.