Dayton RoadDog

01/23/2025

CNN insider reveals shocking 'truth' of why ailing network has laid off 200 staff

*CNN is laying off 200 workers from its TV division because it has become so 'bloated' and overstaffed with people who do the bare minimum, it is claimed.

'Layoffs all the time - they needed to cut the fat,' an insider, in response to Thursday's firings.

The mole added that the network is 'very duplicative' - with many workers whose roles closely overlap - and that it is a 'money pit.'

The firings, meanwhile, come as part of CEO Mark Thompson's long-in-the works restructuring plan - one that seek to put emphasis on CNN's digital future instead of the news channel.

In a statement issued Thursday morning, Thompson warned that future is still unclear - while revealing to The New York Times how CNN is now set to roll out a streaming service that will feature all of its most well-known stars.

The layoffs, as a result, will affect the network's traditional TV operations, he said - though it still remains unclear if any big names were affected.

'Layoffs all the time - they needed to cut the fat,' the source said in response to the station announcing it was laying off about 200 staff from its struggling TV division.

01/23/2025

Benefits of Good Sleep--as WE age this gets more important -- in my 20's what was sleep? Never HA

01/23/2025

Reaching out to the ones who are left behind and could use a little help...

01/23/2025

*Not a fan of this one. Tell him to keep his money and go sit and spin….

01/23/2025

01/23/2025

Close up photography of beautiful rare breed of cats khao manee.

*The Khao Manee cat, or Khao Plort, also known as the Diamond Eye cat, is a rare, natural breed of domestic cat originating in Thailand, which has an ancient ancestry tracing back hundreds of years. They are mentioned in the Tamra Maew. Khao Manee cats are short-haired solid-white cats.

01/23/2025

The black jaguar is a rare and striking variation of the jaguar, distinguished by its dark, almost entirely black coat. This melanistic form of the jaguar still carries the rosette patterns

01/23/2025

Russian blue-eyed cat from St. Petersburg. A rare noble breed of cats. Neva Masquerade, Longhair, Siberian. Color Point.

01/23/2025

Check for the Purchase of Alaska. Cancelled check in the amount of $7.2 million, for the purchase of Alaska from Russia, issued August 1, 1868

01/23/2025

Edward McLean, owner of the Washington Post, before Senate committee investigating the Teapot Dome scandal. McLean lied for Albert Fall, stating he had loaned Fall money. 1924.

*The Teapot Dome scandal was a political corruption scandal in the United States involving the administration of President Warren G. Harding. It centered on Interior Secretary Albert Bacon Fall, who had leased Navy petroleum reserves at Teapot Dome in Wyoming, as well as two locations in California, to private oil companies at low rates without competitive bidding.[1] The leases were the subject of an investigation by Senator Thomas J. Walsh. Convicted of accepting bribes from the oil companies, Fall became the first presidential cabinet member to go to prison, but no one was convicted of paying the bribes.

Before the Watergate scandal, Teapot Dome was regarded as the "greatest and most sensational scandal in the history of American politics".[2] It permanently damaged the reputation of the Harding administration, already hurt by its handling of the Great Railroad Strike of 1922 and Harding's 1922 veto of the Bonus Bill.[3]

Congress subsequently passed permanent legislation granting itself subpoena power over tax records of any U.S. citizen, regardless of position.[4] These laws are also considered to have empowered Congress generally.[5]

01/23/2025

Mary Todd Lincoln (1818-1882), wife of Abraham Lincoln, came from a prosperous Kentucky family divided by the Civil War.

01/23/2025

Ring Lardner, (Ringgold Wilmer Lardner) at age 28, ca. 1913. In 1913 he worked at the Chicago Tribune, which became the home newspaper for his syndicated column 'In the Wake of the News'

01/23/2025

LIVE UPDATES
Stock Market Today: What to Watch
More big-name earnings are due, and President Trump is due to address Davos

Last Updated:
Jan. 23, 2025 at 6:01 AM EST

Investors are juggling the implications of Trump 2.0 with AI excitement and earnings.

Stock futures edged lower early Thursday, ahead of President Trump's expected video address to Davos at 11 a.m. ET, after which he plans to take questions from European executives.

Days into his new term, Trump has reinvigorated enthusiasm about artificial intelligence with a $500 billion AI-infrastructure project, Stargate. But he has also leveled a range of tariff threats, spanning Canada, Europe, Mexico and China.

Meanwhile, earnings continue to roll in. GE Aerospace, American Airlines and Texas Instruments are among the companies expected to report results Thursday.

In recent trading:

Stock futures ebbed. The S&P 500 closed within 0.1% of a new record on Wednesday.

Tech stocks led losses. Nvidia, ARM and Oracle shares declined premarket after rallying Wednesday on the Stargate announcement. Elon Musk has since expressed skepticism about the project.

Bitcoin continued to retreat. The cryptocurrency slipped below $102,000, after hitting a new intraday record above $109,000 earlier in the week.

Treasury yields were broadly flat. The benchmark 10-year Treasury settled on Wednesday at about 4.6%.

Overseas stocks were mostly higher. Germany’s DAX index edged up after closing at a new record on Wednesday. Stocks rose in Tokyo and Shanghai, but slipped in Hong Kong.

The yen crept higher against the dollar. The Bank of Japan is expected to raise interest rates Friday, which would boost the currency.
—By Chelsey Dulaney

Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite

01/23/2025

Belem Tower or Tower of St Vincent - famous tourist landmark of Lisboa and tourism attraction - on the bank of the Tagus River (Tejo) in evening dusk after sunset with dramatic sky. Lisbon, Portugal

01/23/2025

The Westminster Palace and the Big Ben clocktower by the Thames river in London, United Kingdom, just after sunset

01/23/2025

Athens, Greece - Night image with Athens from above, Monastiraki Square and ancient Acropolis.

01/23/2025

Plaza de Espana in Seville during Sunset, Andalusia, Spain

01/23/2025

Famous Red Footbridge, Lyon, France