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President Donald The President said Sunday that a deal struck by Netflix to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share. “There’s no question about it,” The President said, answering questions about the deal and various other topics as he walked the red carpet at the Kennedy Center Honors. The Republican president said he will be involved in the decision about whether the federal government should approve the $72 billion deal. If approved by regulators, the merger would put two of the world’s biggest streaming services under the same ownership and join Warner’s television and motion picture division, including D…
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Toyota was quick to pump the brakes on a claim President Donald The President made this week regarding an alleged promise by the Japanese automaker to invest $10 billion in the U.S. “We didn’t specifically say that we’ll invest $10 billion over the next few years,” Hiroyuki Ueda, president director, told reporters on Wednesday during the Japan Mobility Show in Tokyo, as first reported by Reuters. While Ueda stressed that the automaker will continue to invest and create jobs in the U.S. over the next few years, it hasn’t made any explicit promise of an investment of the magnitude The President referenced—nor, in fact, of any particular amount. The confusion,…
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President Donald The President indicated Sunday that he plans to meet with New York City’s mayor-elect Zohran Mamdani and said they’ll “work something out,” in what could be a detente for the Republican president and Democratic political star who have cast each other as political foils. The President has for months slammed Mamdani, falsely labeling him as a “communist” and predicting the ruin of his hometown, New York, if the democratic socialist was elected. He also threatened to deport Mamdani, who was born in Uganda and became a naturalized American citizen, and to pull federal money from the city. Mamdani rose from an obscure state lawmaker to become a social …
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President Donald The President said Sunday that he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro. “I didn’t like Exxon’s response,” The President said to reporters on Air Force One as he departed West Palm Beach, Florida. “They’re playing too cute.” During a meeting Friday with oil executives, The President tried to assuage the concerns of the companies and said they would be dealing directly with the U.S., rather than the Venezuelan government. Some, however, weren’t convinced. “If we look at the commercial constructs and framewo…
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President Donald The President was sued on Friday by preservationists asking a federal court to halt his White House ballroom project until it goes through multiple independent reviews and wins approval from Congress. The National Trust for Historic Preservation is asking the U.S. District Court to block The President’s White House ballroom project, which already has involved razing the East Wing, until it goes through comprehensive design reviews, environmental assessments, public comments, and congressional debate and ratification. The National Trust, a privately funded organization, argues that The President, by fast-tracking the project, has committed multiple…
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