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Business & Lifestyle

Manafort changes legal team as investigations expand

WASHINGTON (UPI) -- Paul Manafort, former adviser to President Donald Trump's presidential campaign, is changing lawyers as his financial transactions get more government scrutiny, sources close to the matter said. Manafort spokesman Jason Maloni announced in a statement Thursday that "Mr. Manafort is in the process of retaining his former counsel, Miller & Chevalier, to represent him in the office of special counsel investigation." The Washington law firm WilmerHale has represented Manafort to this point. Kevin Downing, a former official in the Department of […]

todayAugust 11, 2017 14

Business & Lifestyle

Disney to pull content from Netflix, start streaming service in 2019

BURBANK, Calif. (UPI) -- Disney on Tuesday announced it will remove its content from Netflix and begin its own streaming service in 2019. "The new Disney-branded service will become the exclusive home in the U.S. for subscription-video-on-demand viewing of the newest live action and animated movies from Disney and Pixar, which includes Toy Story 4, the sequel to Frozen, and The Lion King from Disney live-action, along with other highly anticipated movies," Disney said in a press release. Disney's Marvel TV shows like Luke Cage and Jessica Jones are expected to […]

todayAugust 8, 2017 3

Business & Lifestyle

Manufacturer of ride that killed teen at Ohio State Fair says corrosion the cause

COLUMBUS, Ohio (UPI) -- The manufacturer of a ride that malfunctioned at the Ohio State Fair and killed a teenager and injured several other people last month said the mishap was due to corrosion. KMG International, a Dutch-based company that rents out rides to fairs around the world, said in a statement released Sunday that an internal investigation found that "excessive corrosion on the interior of the gondola support beam dangerously reduced the beam's wall thickness over the years. This finally led to […]

todayAugust 7, 2017 28

Business & Lifestyle

Martin Shkreli found guilty of security fraud

NEW YORK CITY (UPI) -- A jury on Friday found Martin Shkreli, the pharmaceutical executive who came under scrutiny for hiking the cost of a drug by 5,000%, guilty on three counts related to securities fraud. The fraud charges are unrelated to the drug price hike, and have to do with a Ponzi scheme he ran between 2009 and 2014 in which he bilked investors out of a total of $11 million. He was found guilty on three out of the eight charges he […]

todayAugust 5, 2017 5

Entertainment

Anthony Scaramucci out as White House communications chief

Danielle Haynes, United Press International Writer WASHINGTON (UPI) -- Anthony Scaramucci resigned after 10 days as President Donald Trump's communications director to give new chief of staff John Kelly a "clean slate," the White House said Monday. The New York Times first reported the removal and two White House officials confirmed the news to Politico. The office of the White House press secretary issued a statement wishing Scaramucci "all the best." "Anthony Scaramucci will be leaving his role as White House communications director. Mr. Scaramucci felt […]

todayJuly 31, 2017 3

Business & Lifestyle

Charter Communications declines a merger with Sprint

Ed Adamczyk, United Press International Writer STAMFORD, Conn./OVERLAND PARK, Kan. (UPI) -- Charter Communications Inc. ended speculation it would acquire Sprint Corp., announcing it would not seek a merger between media companies. Japanese telecommunications and Internet company SoftBank Group, whose U.S. subsidiaries include Sprint, proposed the deal. It called for a merger of Sprint and Charter, controlled by SoftBank. The new company would then attempt to purchase T-Mobile U.S. Inc., Bloomberg News reported Monday, citing sources close to negotiations. The deal would merge Sprint's wireless […]

todayJuly 31, 2017 5

Business & Lifestyle

Discovery to buy Scripps in deal valued at $14.6 billion

SILVER SPRING, Md./CINCINNATI, Ohio (Heartland Newsfeed) -- Discovery Communications Inc. said Monday they have reached an agreement to buy Scripps Networks Interactive Inc. in a cash-and-stock deal valued at $14.6 billion, including $2.7 billion of debt. Discovery will pay $90 a share, or 34% over Scripps' unaffected share price as of July 18. The deal is expected to close by early 2018. The combined company will produce about 8,000 hours of original programming annually and be home to about 300,00 hours […]

todayJuly 31, 2017 5

Business & Lifestyle

N.J. Gov. Chris Christie faces off with Chicago Cubs fan who heckled him

Ray Downs, United Press International Writer MILWAUKEE (UPI) -- Gov. Chris Christie of New Jersey got into a Chicago Cubs fan's face at Miller Park in Milwaukee Sunday. A video tweeted by WISN showed the governor holding a tub of nachos as he crouched down in front of a sunglasses-clad Cubs fan. The fan allegedly heckled Christie, telling him he "sucked," as the Republican governor was walking back to his seat. The insult then prompted a response from the New Jersey politician. "You're a big […]

todayJuly 31, 2017 4

Business & Lifestyle

WSJ report: Charter says no thanks to Sprint mega-merger

STAMFORD, Conn./OVERLAND PARK, Kan. (Heartland Newsfeed) -- Charter Communications Inc. said it isn’t interested in buying Sprint Corp., rebuffing a gigantic merger offer and ending several weeks of deal talks between the media and communications companies. Sprint proposed a merger with Charter that would create a massive new entity controlled by SoftBank Group Corp., Sprint’s parent, the Wall Street Journal reported Friday. On Sunday, Charter said it isn’t interested in the deal and indicated it would stick with an existing wireless […]

todayJuly 30, 2017 28

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