Aug 7, 2017

Trump goes after NYT and Senate Dem for 2nd time today

With rain continuing to fall over Trump National Golf Club in Bedminster, New Jersey, President Trump seems to be spending the start of his vacation on Twitter β€” continuing his attacks on The New York Times and Connecticut Sen. Richard Blumenthal:

Worth noting: The New York Times Co. generated $29.1 million in profits for 2016, and more than $66 million in profits for the first six months of 2017. It also reported that its pension was underfunded by around $222 million at the end of 2016, which was down slightly from the underfunded liability at year-end 2015.

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What to watch in tonight's Democratic debate

Bernie Sanders at a campaign rally in Colorado. Photo: Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images

Bernie Sanders is now the clear front-runner for the Democratic presidential nomination, and his opponents are ready to try to knock him down at tonight's debate in Charleston, South Carolina β€” especially Michael Bloomberg, who was the punching bag at the Las Vegas debate.

Why it matters: This is the last debate before Super Tuesday, when Sanders is expected to win California and Texas and could secure an insurmountable lead for the Democratic nomination. That's a direct threat to the entire field, but especially to Bloomberg, who skipped the early states to focus on the March 3 contests.

Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

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