California Gov. Newsom sues Fox News for $787M, alleges defamation about Trump call

California Gov. Gavin Newsom sued Fox News on Friday, seeking damages of at least $787 million from the conservative network for allegedly defaming him by making misleading comments about a phone call with President Donald Trump. “No more lies,” Newsom wrote in a tweet that announced his lawsuit, which the Democrat filed in Superior Court…

Bill Moyers, the former White House press secretary turned acclaimed TV journalist, dead at 91

Portrait of journalist Bill Moyers. Hugh Patrick Brown | The Chronicle Collection | Getty Images Bill Moyers, the former White House press secretary who became one of television’s most honored journalists, masterfully using a visual medium to illuminate a world of ideas, died Thursday at age 91. Moyers died in a New York City hospital,…

Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’

To say Wall Street isn’t a fan of Zohran Mamdani would be an understatement. In fact, high-profile investors and business leaders in the Big Apple are up in arms about the stunning win by the democratic socialist in the primary to win the Democratic nomination to serve as the next New York City mayor. The three-term…

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year

FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year. The company achieved its “structural cost reduction target, in the face of ongoing headwinds,” CEO Raj Subramaniam said in a media release….

Major U.S. health insurers say they will streamline controversial process for approving care

UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Health plans under major U.S. insurers said Monday they have voluntarily agreed to speed up and reduce prior authorizations – a process that is often a major pain point for patients and…