President Donald Trump ‘s plans for bringing homeownership within reach of more Americans involve pushing for lower interest rates on home loans and credit cards, and banning large institutional investors from buying single-family homes.
At Taste of East African in Minneapolis, the manager and owner are the only employees who come to work now, serving new customers who aren’t familiar with the food but are trying to support a restaurant challenged by a federal immigration enforcement surge.
Netflix is now offering to buy Warner Bros. Discovery’s studio and streaming business in all cash – in an effort to win over the Hollywood giant’s shareholders for its $72 billion merger and potentially thwart a hostile bid from Skydance-owned Paramount. Back in December, Netflix struck a cash and stock deal with Warner valued at $27.75 per share.
Jan. 19 – The Washington Post says Congress has dropped the ball regarding oversight of ICE, DHS. Geraldo Lunas Campos died at a Texas detention center on Jan. 3 while pleading for air as guards choked him, according to a fellow detainee. The local medical examiner’s office is considering classifying his death as a homicide, The Post reports.
BRUSSELS (AP) – Rattled by U.S. President Donald Trump’s threats over Greenland, the European Union is readying countermeasures against the United States. As primarily a trading bloc, the EU’s toolkit is mostly financial instruments, from steep tariffs on U.S. goods to the so-called trade bazooka touted by French President Emmanuel Macron.
LONDON (AP) – The European Union said Tuesday it plans to phase out gear supplied by companies based in “high risk” countries from critical infrastructure such as high-speed telecom networks, in a move seen as targeting Chinese companies including Huawei and ZTE.
Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros.’ movie studio and slot HBO Max into its video streaming line-up.
DAVOS, Switzerland (AP) – Corporate chiefs and government leaders including U.S. President Donald Trump swarm into Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue and economic progress – even as a domineering tone from Washington has upended the global order and billionaires have reaped trillions in new wealth as the poor lag behind.
ABIDJAN, Ivory Coast (AP) – Ivory Coast, the world’s top cocoa producer, said it will buy unsold cocoa stocks to keep exports flowing and ensure farmers are paid, as global prices have plunged in recent months.