Sarah Isgur, the former leading spokeswoman for then-Attorney General Jeff Sessions, will join CNN as a political editor for the 2020 presidential campaign despite the fact that she has not previously worked in a newsroom, reports Politico.
Flashback: Isgur, who will not oversee news coverage that relates to the Justice Department, drafted the statement that announced Rod Rosenstein's departure, written in the voice of then-AG Sessions.
One of the world’s largest private equity firms is moving in on the local media landscape, placing billion-dollar bets on some of the biggest local TV franchises in the U.S.
Why it matters: Apollo Global Management's local media spree could one day give the firm significant local TV power. Bloomberg reports that if Apollo's next big deal with Nexstar media pans out, it would reach almost a quarter of U.S. households with its TV stations, based on Bloomberg Intelligence estimates.
Nearly $1 billion has been committed to saving local news in America over the next several years, as the country grapples with the consequences of less local coverage and accountability.
Why it matters: Despite valiant efforts, there's still no real business model for local news to continue to operate the way it has been for decades. Many of these donations, however, are being used to fund the research and development of sustainable business models for local news.
Vice Premier Liu He, China's economy czar, is heading to Washington for talks Thursday and Friday aimed at ending a fight over Beijing's technology ambitions ahead of a deadline for a massive U.S. tariff hike, AP reports.
Why it matters: Without an agreement, a 10% tariff increase imposed in July on $200 billion of Chinese goods is due to rise to 25% on March 2.
The big picture: Emerging market central banks are now the most dovish they have been since 2009, Bank of America Merrill Lynch strategists said. Their findings were based on language in various central bank statements.
Screen time for children ages 0-2 more than doubled from 1997 to 2014, according to a new report from Journal of the American Medical Association (JAMA) Pediatrics.
The bottom line: The study found that most of the uptick came from screen time spent on television. In total, TV consumption has more than doubled in percentage points of overall consumption of screen time from 1997 to 2014.
Today is the deadline for the Commerce Department to send the White House its auto tariffs report.
Why it matters: The report will recommend whether Trump should follow through on his threat to use a "national security" law to impose massive tariffs — Trump likes the round number of 25% — on imports of cars and car parts.