George Clooney, Malala Yousafzai, Jay-Z, Tina Fey, Barack Obama and Howard Stern — all people "whom Dave finds fascinating" — are also slated for interviews on the six-episode series, which airs Jan. 12, Netflix announced Friday.
Why it matters: The booking is a big win for Letterman and Netflix as it marks the former president's first television talk show appearance since leaving office. It is also the first talk show Letterman has hosted since retiring from his late-night role in May 2015.
Charter Communications, Inc. announced Friday that it has hired TV veteran Katherine Pope to lead original content, a new role for the company. Pope will oversee the creation and launch of a slate of new original programming. The telecom giant previously announced original content partnerships with AMC and Viacom.
Why it matters: The investment in Pope — who's led a number of high-profile TV studios including NBC Universal's TV studio — shows Charter's commitment to distributing its own content first through its own pipes to consumers. The effort by telecom companies to combine pipes and content is becoming increasingly popular, especially in light of telecom deregulation under the Trump Administration.
Sears Holdings told employees Thursday that it will be closing another 100 stores this year, per Retail Dive. 64 Kmart stores and 39 Sears stores are expected to close between early March and April.
Why it matters: In the 1960s, Sears' sales accounted for roughly 1% of U.S. GDP. Nearly 60 years later, America's once-quintessential big-box department store has a much darker future, as it has become one of the most obvious victims to the battle between traditional retail and the rise of e-commerce giants like Amazon.
The U.S. economy added 148,000 new jobs in December, while the unemployment rate remained steady at 4.1%, the Labor Department said today. The tally missed economists expectations of a 190,000 increase in employment.
Data: Bureau of Labor Statistics; Chart: Lazaro Gamio / Axios
Michael Wolff "absolutely" spoke with President Trump and feels "in every way comfortable" with his reporting, the author of "Fire and Fury" told NBC's Savannah Guthrie on Friday."Whether he realized it was an interview or not, I don't know, but [our conversation] certainly was not off the record."
"[T]hey all say he is like a child... he has a need for immediate gratification. It's all about him ... This man does not read, does not listen. He's like a pinball, just shooting off the sides." — Wolff on Trump's top aides
Cannabis stocks plunged on Thursday when Attorney General Jeff Sessions rescinded an Obama-era policy that helped states legalize marijuana with little to no law enforcement interference by the federal government, according to multiple reports. Stocks started slumping soon after the Associated Press first reported the rollback.
Data: Money.net; Chart: Andrew Witherspoon / Axios
Neiman Marcus CEO Karen Katz is stepping down from her role, the Wall Street Journal reports, after the luxury retailer reported declining same-store sales in eight of the previous nine quarters, while consistently losing money since the summer of 2016.
Why it matters: The decade-long boom in luxury retail is slowing, but Neiman Marcus' struggles are also related to it being acquired by private-equity groups that saddled the firm with nearly $5 billion in debt, and which has hindered the company's ability to finance long-term investments.