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Photo: Pablo Martinez Monsivais / AP
The Senate passed a budget bill Thursday night, moving Republicans toward the big tax cuts they hope to pass through Congress late this year or early next year. Having cleared this hurdle, they'll only need a simple majority to pass the tax plan. Rand Paul was the lone Republican voting against the budget, contending it didn't include enough spending cuts.
What's next: It currently appears that the House (which already passed a budget) will vote on the Senate budget as a shortcut to the tax push, though that's not a done deal. If the House declines to do so, a compromise would have to be worked out in conference.
Cornyn. Photo: Jacquelyn Martin / AP
Cornyn's office didn't respond to multiple requests for comment for this story. Sources said the next supplemental bill — and therefore Vought's confirmation — could be held up for at least another month.
The number of women coming forward with assault allegations against Weinstein is growing. Photo: Richard Shotwell / Invision via AP
Weinstein's response, from spokesperson Sallie Hofmeister: "Any allegations of non-consensual sex are unequivocally denied by Mr. Weinstein. Mr. Weinstein has further confirmed that there were never any acts of retaliation against any women for refusing his advances. Mr. Weinstein obviously can't speak to anonymous allegations, but with respect to any women who have made allegations on the record, Mr. Weinstein believes that all of these relationships were consensual..."
The claims of rape, laid out in more detail in the New Yorker article:
The on-the-record claims of sexual assault and sexual harassment in the New Yorker:
16 current and former executives and assistants at Weinstein's company said they witnessed or knew about unwanted sexual advances in the workplace or at events associated with the company's films. Each of the 16 said his behavior was known widely throughout Miramax and the Weinstein Company.
Suspicions of retaliation: Four actresses, including Mira Sorvino and Rosanna Arquette, said they think that after rejecting Weinstein's advances or complained to the company, Weinstein removed them from projects or dissuaded people from working with them, per The New Yorker. They pointed out Gutierrez's experience, where after she went to the police, negative stories about her sexual history appeared in New York gossip pages. As noted above, Weinstein denies those claims.
NYT's Jodi Kantor and Megan Twohey: "Harvey Weinstein Paid Off Sexual Harassment Accusers for Decades"
New Yorker's Ronan Farrow: "From Aggressive Overtures to Sexual Assault: Harvey Weinstein's Accusers Tell Their Stories"
Twitter issued a timeline for planned changes to reduce harassment. Photo: Matt Rourke / AP
Apologizing for past lapses, Twitter pledged to do a better job of keeping users safe on the social media platform and offered a calendar of planned enhancements.
"This won't be a quick or easy fix, but we're committed to getting it right," the company said in a blog post. "Far too often in the past we've said we'd do better and promised transparency but have fallen short in our efforts."
Why it matters: Twitter has a reputation for promising to improve safety, but not for accomplishing much in terms of reducing harassment and hate speech on its platform.
Later this month, the company says it will take action on non-consensual nudity, with a set of new rules planned for Nov. 3 covering hateful imagery, violent groups and unwanted sexual advances. In the middle of next month it says it will update the system it uses to prioritize reports of problematic content.
Here's the full calendar:
Trump Pence, McConnell and Ryan in the Oval Office. Photo: Evan Vucci / AP
Aerial footage of the foundation of a burned-down home in Santa Rosa, California. Photo: Jeff Chiu / AP
The cost of the damage from the California wildfires will top $1 billion, per the state's insurance commissioners initial estimates, AP reports. And that figure is expected to rise.
The backdrop: The devastating fires in Northern California have so far killed at least 42 people and destroyed 5,700 buildings and homes, including entire neighborhoods in the city of Santa Rosa.
Nearly half of workers in the technology field fear losing their jobs because of their age, according to survey from Indeed.com. 18% of respondents "worry about it all the time."
Univision / Verizon
The bigger picture: The fight is the latest example of what happens when a Pay-TV provider and a cable network can't agree on a new contract, which has been happening at an increasing rate. These disputes have led to more TV blackouts in 2017 than any year prior, per the American Television Alliance. By 2022, SNL Kagan predicts that retransmission fees being charged by TV networks will increase by roughly 50%, reaching a record-high of $11.6 billion.
Via Stitch Fix
Stitch Fix, a personal shopping subscription service founded by Katrina Lake, has filed for an initial public offering. The target raise is listed as $100 million, but that's likely a placeholder figure. It plans to trade on the Nasdaq under ticker SFIX, with Goldman Sachs and J.P. Morgan serving as lead managers.
Financials: The San Francisco-based company's S-1 filing lists a net loss of just under $1 million on $977 million in revenue for the year ending July 29, 2017. It also reports having been profitable in both fiscal 2015 and fiscal 2016 on revenue of $342 million and $730 million, respectively. These are particularly strong numbers for a venture-backed e-commerce company coming to market, particularly with a subscription model.
Venture history: Stitch Fix raised around $47 million since being founded in 2011, from firms like Baseline Ventures, Benchmark, Structure Capital, Lightspeed Venture Partners and Western Technology investment.
Partial liquidity: Stitch Fix founder and CEO Katrina Lake sold $1 million of shares back to the company last December, while Julie Bornstein (who stepped down as COO over the summer) sold back $1.9 million in January. The share price tied to those sales would value the company (undiluted) at around $1.97 billion.
Facebook and Alphabet's Google are among the companies called to testify. Photo: Mark Lennihan / AP
Google, Facebook and Twitter will all send their top lawyers to testify before Capitol Hill investigators looking into Russian election meddling at public hearings in early November. Google confirms it is sending General Counsel Kent Walker, Twitter has chosen its acting General Counsel Sean Edgett and Facebook General Counsel Colin Stretch was confirmed as the company's pick Wednesday morning.
What it tells us: In sending their top legal executives, the companies are acknowledging the seriousness of the investigation at hand.