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Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers - The New York Times

posted onNovember 27, 2017
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A long chapter in media history came to an unlikely close on Sunday night with a sale agreement for Time Inc., the publisher of once-prestigious magazine titles including Time, Sports Illustrated and People. The Meredith Corporation — the owner of Family Circle, Better Homes and Gardens and AllRecipes — agreed to purchase Time Inc. in an all-cash transaction valued at nearly $3 billion. The deal was made possible, in part, by an infusion of $650 million from the private equity arm of Charles G. and David H.

How a $250 Break for Teachers Explains a House-Senate Divide on Taxes - The New York Times

posted onNovember 27, 2017
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WASHINGTON — For Carrie Uffelman Brake, planning for next school year begins before the current one ends. The shopping starts as early as April, when she gets the list of students who will be in her third grade classroom in rural Tennessee the following fall. If boys outnumber girls, she will need extra toys to keep hyperactive hands busy. If it is a group of struggling readers, she will need double the number of books. Bargain-hunting season comes in early summer, when nobody is shopping for school supplies. That gives way to the blowout sales in late summer, when everybody is.

In Tax Debate, Gift to Religious Right Could Be Bargaining Chip - The New York Times

posted onNovember 27, 2017
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WASHINGTON — For years, a coalition of well-funded groups on the religious right have waged an uphill battle to repeal a 1954 law that bans churches and other nonprofit groups from engaging in political activity. Now, those groups are edging toward a once-improbable victory as Republican lawmakers, with the enthusiastic backing of President Trump, prepare to rewrite large swaths of the United States tax code as part of the $1.5 trillion tax package moving through Congress. Among the changes in the tax bill that

Battle for Control of Consumer Agency Heads to Court - The New York Times

posted onNovember 27, 2017
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The battle over who will lead the federal government’s top consumer financial watchdog agency is now headed to court. The extraordinary fight, which intensified on Sunday night, adds to the uncertainty over the fate of the Consumer Financial Protection Bureau, a regulator created in the aftermath of the global financial crisis of nearly a decade ago.

Congress Returns to Intense Pressure to End Secrecy Over Sex Harassment - The New York Times

posted onNovember 27, 2017
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WASHINGTON — Lawmakers are facing mounting pressure to end Capitol Hill’s culture of secrecy over sexual harassment as they return from a holiday break, with members of both parties calling for Congress to overhaul its handling of misconduct claims and to unmask lawmakers who have paid settlements using taxpayer money. On Sunday, the roiling debate over sexual harassment cost one lawmaker who has paid such a settlement — Representative John Conyers Jr. of Michigan — his post as the top Democrat on the House Judiciary Committee, at least temporarily. Mr.

Suit challenges Trump's pick for consumer financial bureau - ABC News

posted onNovember 27, 2017
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President Donald Trump's appointment of his budget director as interim director of a consumer financial protection agency championed by Democrats was challenged in a lawsuit filed in federal court Sunday night. Leandra English, the federal official elevated to the position of interim director of the Consumer Financial Protection Bureau by its outgoing director, filed the suit against Trump and his choice, White House budget director Mick Mulvaney. The suit in the U.S.

Trump has privately questioned authenticity of 'Access Hollywood' tape, sources say - ABC News

posted onNovember 27, 2017
by admin
the New York Times. After the recording was released, then-candidate Trump acknowledged he made the comments and apologized in a televised address from Trump Tower. This comes as the president faces growing criticism from his GOP colleagues of his defense of Alabama Senate candidate Roy Moore, who has been accused of sexual misconduct or inappropriate behavior with women and girls as young as 14 when he was in his 30s.