Trump Congratulated Murdoch on the Disney Deal: DealBook Briefing

There’s a problem. Here’s what Disney’s C.F.O., Christine McCarthy, told analysts this morning: We expect to fully realize roughly $2 billion of cost synergies by 2021. As Andrew reminded earlier this week, “synergies” is a code word for “layoffs.” And Disney executives said that the company expects to start realizing synergies within the first year […]

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Firefighter killed battling Thomas fire as massive blaze moves toward Santa Barbara

Fire officials confirmed Thursday that a firefighter died while battling the Thomas fire, which ranks as the fourth-largest in the state’s modern history. “I am very saddened to report that a firefighter fatality has occurred on the Thomas Incident,” Chief Ken Pimlott, the director of the California Department of Forestry and Fire Protection, said in […]

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