TRNS News Notes will next publish on Friday 2 January 2015. Happy Holidays and see you in the New Year!
In the News
- Economy grew 5% in third quarter
- About-face: Sony will screen “The Interview”
- New Yorkers mourn slain officers
- Grimm pleads guilty: Won’t resign – but
- Firing of AZ VA clinic upheld – but
- NCIS investigating bin Laden “shooter”
- Feds ease ban on blood donations from gay men – but
- Obamacare: 6.4m signed up – but
- War on zombie Christmas
Economy Grew 5% in Third Quarter
• The American economy grew last quarter at its fastest rate in more than a decade, providing the strongest evidence to date that the recovery is finally gaining sustained power more than five years after it began. Wall Street liked the news. The Dow Jones Industrial average rose above 18,000 for the first time on Tuesday (NYT, TRNS, me)
• Bolstered by robust spending among consumers and businesses alike, economic output rose at an annual rate of 5% during the summer months, the Commerce Dept said Tuesday, a sharp revision from its earlier estimate of 3.9%. The advance followed a second quarter where growth reached a rate of 4.6% after a a decline last winter – wicked weather didn’t help
• The revision was led by an upswing in investment in businesses, a force for growth in most economic recoveries but one that has lagged in the latest rebound. Higher consumer spending and a healthier trade balance also helped. The gain makes the third quarter the strongest since the summer of 2003. Growth is expected to decelerate somewhat in fourth quarter
• Despite signs of faster growth, the Federal Reserve remains cautious about raising short-term interest rates from near zero, where they’ve been since the depths of the financial crisis in 2008
• The central bank is expected to raise rates in mid-2015, but signaled last week that it would remain patient in order to confirm that faster growth looks sustainable and will translate into increased hiring over the long term
• St Louis County police say a man who pulled a gun and pointed it at an officer has been killed in Berkeley MO at a gas station. A group of about 60 people later gathered at the scene. Berkeley is about two miles from Ferguson (AP, me)
About-Face: Sony Will Screen “The Interview”
• Raucous comedy “The Interview” will be released in a small number of independent smaller theaters on Christmas Day after all, Sony Pictures said Tuesday. Sony also left open the door to video-on-demand availability of the movie. “Freedom has prevailed! Sony didn’t give up!” Co-director, co-writer and co-star Seth Rogen tweeted (NYT, TRNS, me)
• The film’s a comedy about the assassination of North Korea’s ruler, Kim Jong un. Friday, hours after the FBI identified North Korea as “centrally involved” in a cyberattack of Sony and a subsequent terror threat, President Obama told reporters, “We cannot have a society in which some dictator someplace can start imposing censorship here in the U.S.”
• Following Obama’s rebuke, Sony stepped up its campaign to secure a release. Over the last day Sony reached out again to the big multiplex operators. But it appeared unlikely they’d come back on board – security concerns compounded by anger over Sony’s (weaselly and pathetic) handling of “The Interview.”
• The hacker group that digitally ransacked Sony’s files and threatened theaters with violence had warned that a digital assault would resume if new distribution plans were made
• Obama said the U.S. would take action in response to the Sony attack, leading North Korea, which has denied responsibility, to warn of “serious consequences” if the U.S. made any such move. North Korea’s internet went down for over nine hours Monday, but the U.S. hasn’t claimed responsibility
• Former President George H.W. Bush was taken to a Houston hospital Tuesday night after experiencing shortness of breath. Bush, 90, was to be held at least overnight as a precaution. He is expected to be fine, a police spox said (AP, NYT, WaPo, me)
New Yorkers Mourn Slain Officers
• Tuesday, at the site of the killing of two NYC police officers, a constant line of mourners gathered by the growing memorial, which was sheltered from a cold, steady drizzle by a black tarp. Some bowed their heads in prayer for Officers Wenjian Liu, 32, and Rafael Ramos, 40, of the 84th Precinct (NYT, NYDN, me)
• At 2.47 pm, the exact time the officers were shot Saturday by Ismaaiyl Brinsley, 28, many police officers, city workers and residents fell silent wherever they stood. In the 84th Precinct, dozens of their friends and colleagues wore green armbands and bowed their heads
• Hours later, at 9 pm, some of the city’s buildings and landmarks dimmed their lights at the request at Mayor Bill de Blasio. “Our city is in pain,” de Blasio said in a statement. “We ask all New Yorkers to turn their thoughts to our shared identity as New Yorkers and to honoring the memories of the two fine men we lost.”&&&
• Monday, the mayor had called on people to suspend demonstrations and political debate. But his words went unheeded by 200 protesters who marched north from Midtown Tuesday evening, carrying signs calling for the firing of Police Commissioner Willliam Bratton and an end to “racist terror.” The crowd paused at one point for a moment of silence
• Some of the outpourings of sympathy for the officers were substantial: Bowdoin College, where Ramos’s son Justin is a student, has offered full financial aid and has set up a fund to collect donations for the family. VP Joe Biden planned to attend the funeral of Ramos on Saturday
• At Evil Olive, a pizzeria across the street from the 90th Precinct station, officers haven’t paid for a slice since Saturday, Reggie Thomas, the manager, said. The pizzeria didn’t charge for officers’ meals on Saturday night and, since then, other customers quietly paid officers’ tabs along with their own
• The Supreme Court will decide as soon as 9 January whether to take up the issue of gay marriage. If they take a case, a decision could include declaring a nationwide constitutional right to same-sex marriage (Hill)
Grimm Pleads Guilty: Won’t Resign
• Rep Michael Grimm (R-NY) said he won’t step down, despite pleading guilty Tuesday to one of the 20 felony tax fraud charges he’s been battling since April – immediately raising questions about whether the Staten Island / Brooklyn pol will be forced to resign his seat in Congress (Roll Call, me)
• Tuesday, Grimm pleaded guilty to the fourth count, which implicated him in “willfully aid
|
|
The Talk Radio News Service is the only information, news booking and host service dedicated to serving the talk radio community. TRNS maintains a Washington office that includes White House, Capitol Hill and Pentagon staffed bureaus, and a New York office with a United Nations staffed bureau. Talk Radio News Service has permanent access to every breaking newsevent in the Washington, D.C. area and beyond.
|
|
|
|