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Abstract:President Donald Trump weighed in on the mass layoffs at multiple media outlets that have affected more than 1,000 workers.
President Donald Trump weighed in on the mass layoffs at multiple media outlets that have affected more than 1,000 workers.He attributed the losses at BuzzFeed and HuffPost to "Fake News and bad journalism," and warned that "many others will follow."Top editors for both outlets lashed out at Trump Saturday afternoon, criticizing his remarks as cruel and "disgusting."President Donald Trump gloated over mass layoffs at multiple news outlets on Saturday, tweeting that "many others will follow" and attributing the loss to "Fake News.""Fake News and bad journalism have caused a big downturn. Sadly, many others will follow. The people want the Truth!" he tweeted.Trump was referring to the more than 1,000 media jobs that were axed this week after HuffPost owner Verizon Media, as well as Gannett and BuzzFeed, announced large staff cuts.Tweet Embed: //twitter.com/mims/statuses/1089276069872570369?ref_src=twsrc%5Etfw “Ax falls quickly at BuzzFeed and Huffpost!” Headline, New York Post. Fake News and bad journalism have caused a big downturn. Sadly, many others will follow. The people want the Truth!The top editors at BuzzFeed and HuffPost immediately lashed out at Trump for the remarks."1,000 journalists lost their jobs last week. Ordinary people with rent to pay, families to support, student loan bills coming due," HuffPost Editor-in-Chief Lydia Polgreen tweeted. "They are workers like any other who do not deserve this cruelty.""What a disgusting thing to say about dozens of American workers who just lost their jobs," BuzzFeed Editor-in-Chief Ben Smith tweeted.Trump has been particularly incensed by BuzzFeed in recent weeks, after the website published a bombshell report saying that Trump had directed his former fixer, Michael Cohen, to lie to Congress. The story came under fire after the office of the special counsel Robert Mueller released an unprecedented statement saying parts of the story were inaccurate. BuzzFeed, however, has said it remains confident in its reporting.
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Former President Donald Trump's family hotel company has reached a deal to sell the rights to its Washington, D.C., hotel for $375 million, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Apple CEO Tim Cook, Dallas Mavericks owner Mark Cuban, and former Secretary of State Condoleezza Rice also made the cut.
Health experts have warned that social distancing and non-essential business closures are key to slowing the spread of the coronavirus.
On February 26, Trump was angered by the stock market plunging in response to an official's warnings. He didn't announce social distancing measures until March 16.