Sunday, 12 May 2024

Fox News asks guest about Tucker Carlson’s prediction for Michelle Obama — nobody saw this answer coming

Chief rabbi attacks Corbyn over Labour’s antisemitism response

Jeremy Corbyn and Labour have been attacked over antisemitism by the UK’s most senior Jewish leader.

Also today, an investigation has found just one in 20 Black Friday deals is actually a good offer. We discuss how you can ensure you’re not caught up in the hype.

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U.S. Treasury to sell $80 bln in 4-, 8-week bills

Nov 26 (Reuters) – For details of the U.S. Treasury’s auction of 4-week and 8-week bills on Wednesday, see:

4-week bills:

here

8-week bills:

here (Reporting By Karen Brettell Editing by Chizu Nomiyama)

Turkey says car bomb kills 17 near Syria's Ras al Ain

ANKARA (Reuters) – A car bomb killed 17 people near a Syrian border town seized by Turkish-backed forces last month, Turkey’s Defence Ministry said on Tuesday, in an attack which it blamed on Syrian Kurdish YPG fighters.

The bomb struck Tel Halef village, west of the town of Ras al Ain, which saw some of the heaviest fighting when Ankara launched a military offensive in the area against the YPG last month. Ankara views the YPG as a terrorist group.

WH and Capitol placed on lockdown after aircraft violates restricted airspace

The White House and U.S. Capitol were placed on lockdown Tuesday morning after reports of an aircraft in restricted airspace.

Two law enforcement sources said an inbound aircraft was being tracked.

A U.S. official said the aircraft was not believed to be hostile.

Another official said military helicopters were dispatched — not fighter jets as often happens in similar circumstances.

The lockdown was lifted a few minutes later.

It wasn’t immediately clear what happened with the unauthorized aircraft.

>ABC News’ Elizabeth McLaughlin, Ben Gittleson, Luis Martinez and Jack Date contributed to this report.

Xerox says it’s going hostile with HP buyout bid

Xerox Corp. said on Tuesday it was planning to take its $33.5 billion buyout bid directly to HP shareholders after the personal computer maker refused to open its books for due diligence before a deadline.

“We plan to engage directly with HP shareholders to solicit their support in urging the HP Board to do the right thing and pursue this compelling opportunity,” Xerox said in a letter to HP’s board.

HP did not immediately respond to a request for comment.

HP on Sunday rejected Xerox’s $22 per share offer that consists of $17 in cash and 0.137 Xerox share for each HP share, saying the offer “significantly undervalues HP”.

The computer maker also accused Xerox of using aggressive words and actions to force a potential combination on opportunistic terms and without providing adequate information.

“While you may not appreciate our ‘aggressive’ tactics, we will not apologize for them,” Xerox said on Tuesday.

Last week, Xerox threatened to take its bid hostile, if HP did not agree to a “friendly” discussion and open its books before Monday.

Xerox made the offer for HP, a company more than three times its size, on Nov. 5, after it resolved a dispute with its joint venture partner Fujifilm Holdings that represented billions of dollars in potential liabilities.

HP has also said that under Xerox’s proposed terms, the combined company would be saddled with “outsized debt”.

However, HP left the door open for a deal that would involve it becoming the acquirer and said it can evaluate the merits by a due diligence of Xerox.

European Economics Preview: Germany Producer Price Data Due

Producer price data from Germany is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany’s producer price figures for October. Prices are forecast to drop 0.4 percent on a yearly basis, following a 0.1 percent fall in September.

At 3.30 am ET, Sweden capacity utilization for the third quarter is due.

At 4.00 am ET, the European Central Bank publishes Financial Stability Review.

Half an hour later, the UK Office for National Statistics releases labor productivity data for the second quarter.

In the meantime, Greece current account figures for September are due.

Activist investor Starboard Value takes stake in CVS a year after Aetna merger

CVS Health has a new activist investor about a year after its merger with the insurance giant Aetna, according to a new report.

The hedge fund Starboard Value has taken a stake in the pharmacy chain and recently spoke with the company’s leadership, The Wall Street Journal reported Monday.

The size of Starboard’s investment is uncertain, but it appears “relatively small” and its talks with CVS management have been friendly, according to the paper.

A CVS spokesman declined to comment on whether Starboard has invested in the company. Starboard did not immediately respond to a request for comment Tuesday morning.

Starboard’s reported foray into CVS follows the health company’s $69 billion acquisition of Aetna, which closed in November 2018. A federal judge signed off on the deal in September after expressing skepticism about it, according to Reuters.

Starboard has a reputation for effecting change as an investor in other big companies. The firm was reportedly part of an effort to pressure eBay into selling its StubHub ticket marketplace, which is going to European rival Viagogo for about $4 billion.

Starboard CEO Jeff Smith also serves as chairman of the boards for the Papa John’s pizza chain, which got a new chief executive earlier this year.

Fox News asks guest about Tucker Carlson’s prediction for Michelle Obama — nobody saw this answer coming

Fox News host Tucker Carlson stirred up plenty of buzz Monday when he suggested Michelle Obama could ultimately join the 2020 presidential race.

“The Democratic Party is ripping itself apart over race and gender and class,” he said. “Michelle Obama, let’s be honest, is one of the only people who could unite the party’s warring factions.”

On Tuesday morning, with “Tucker Carlson” trending on TwitterTWTR, +0.41%over those comments from the night before, Fox brought on Michael Blake, vice chairman of the Democratic National Committee, to ask about the prediction.

Blake dropped the mother of all non sequiturs:

Bill Hemmer, the host of the show, pushed ahead and repeated the question, but Blake wasn’t about to cooperate. “Not going to happen, but I think the core question is, he shouldn’t be on here at all,” he answered.

At that point, Hemmer reminded Blake that he was brought on the show to talk about Carlson’s comments regarding the former first lady, not Carlson himself.

Watch the exchange:

Carlson also came under fire for saying he roots for Russia in its conflict with Ukraine. “Of course I’m joking,” he said, later. “I’m only rooting for America.”

Fox did not immediately respond to a request for comment. Fox Corp. and MarketWatch parent News CorpNWS, +1.52%share common ownership.

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