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Former New Jersey Gov. Chris Christie issued a statement Friday saying he has asked not to be considered for the White House chief of staff job after meeting with President Donald Trump to discuss the role.Christie met with Trump on Thursday, but two sources familiar with the discussion said no offer had been made."It's an honor to have the President consider me as he looks to choose a new White House chief of staff. However, I've told the President that now is not the right time for me or my family to undertake this serious assignment," Christie said in a statement obtained by CNN but first reported by The New York Times."As a result, I have asked him to no longer to keep me in any of his considerations for this post," Christie added.The former governor was just the latest in a long string of people to discuss the chief of staff position with Trump.Earlier this week, one source close to the White House said that Christie was under consideration for the role. Christie's experience as a prosecutor is seen as a plus given the Mueller investigation and Democrats itching to investigate on the Hill.CNN has previously reported Christie has said he only wanted the role of attorney general and told friends he was offered the Department of Homeland Security secretary position, but did not want it. While chief of staff is not a Cabinet-level position, but it is the top staff role at the White House.There continues to be tension between Christie and the President's son-in-law and key adviser, Jared Kushner. As US Attorney in 2004, Christie prosecuted Kushner's father, Charles Kushner, for tax evasion, witness tampering and illegal campaign contributions. Charles Kushner pleaded guilty and served two years in prison.If Christie is selected, Kushner and his wife, Ivanka Trump, would both report directly to Christie under the existing staff structure.Though on the surface Christie and Kushner have a cordial working relationship, Trump understood that the notion of his son-in-law being OK with reporting to the man who put his father in jail is unlikely. Multiple sources say the Trump children will have the most influence on this decision.Earlier this year, Christie suggested that Trump's family working in the White House was an impediment to his presidency."The situation is made much worse by the fact that we have family members in the White House," Christie said on ABC's "This Week" in March. "In a normal situation, you might terminate a staff member for that reason. (It) becomes a lot more difficult if you're going to be sitting at Thanksgiving dinner with that person. And so, for Jared and for Ivanka and for all the other members of the family we were involved in one way or the other, I think everybody's got to focus on what's best for the President." 2822

Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113

Frank Avruch, who was best known for playing Bozo the Clown, died Tuesday at the age of 89, according to his manager Stuart Hersh."While it's hard to say goodbye, we celebrate the legacy of joy and laughter he brought to millions of children around the world as Bozo the Clown on TV and as a UNICEF Ambassador and later as host of Channel 5's Great Entertainment and Boston's Man About Town," a statement from Avruch's family read. "Our dad loved the children of all ages who remembered being on his show and was always grateful for their kind words. We will miss him greatly."Bozo made his television debut in 1949, portrayed by Pinto Colvig. In 1965, "Bozo's Big Top" became a syndicated series in local markets across the country.Avruch played Bozo from 1959 to 1970 and was the first nationally syndicated version of the clown. Other performers of the popular character were Willard Scott, Bob Bell and Joey D'Auria.Avruch worked at WCVB in Boston for more than 40 years and was inducted into the National Television Academy's Gold Circle."He had a heart of gold," Hersh said in a statement to CNN. "He brought the Bozo the Clown character to life better than anyone else's portrayal of Bozo the Clown."Avruch is survived by his wife, Betty and their two sons.The-CNN-Wire 1284

FLAGSTAFF — Steven Jones has pleaded guilty to manslaughter and three counts of aggravated assault in a 2015 deadly shooting in Flagstaff.As part of the agreement, Jones will be sentenced to between 5 and ten years in prison. He must serve at least 85 percent of the time.Steven Jones, a Northern Arizona University student at the time, opened fire on the group of people in 2015 after he says he was attacked over a small prank between two rival fraternities.The fight started after Jones and two pledges from his fraternity carried out a prank by ringing the doorbell of an apartment and running away. The prank set off a fight between Jones and students in the apartment from a rival fraternity, and Jones got punched in the face.RELATED: Body camera video reveals chaos of NAU shootingSan Diego native shot at Arizona college is homeJones admitted to shooting and killing Colin Brough but told police he did it out of self-defense. The prosecutors, however, said that Jones could have left the area and did not need to resort to using a weapon.Jones had said he went back toward the group and fired his gun, but he didn't mean to hurt anyone. He testified he fired several shots "to stop the immediate threat that was coming at me."The case originally went to a jury but was declared a mistrial in 2017 because a unanimous verdict couldn’t be released.Family of the victims in the shooting have reportedly agreed to the plea deal as well. A sentencing hearing is set for February 11. 1495

For millions of Americans, the economic fallout of the coronavirus pandemic could be starting to take shape. Late last week, a 0 per week unemployment supplement expired. Also funding from the Paycheck Protection Program has long been depleted. The program was implemented to help employers make payroll during the pandemic.In addition, data released last week indicated the US GDP declined by one-third in the second quarter of 2020.While Congressional Democrats, Senate Republicans and the White House are largely in agreement on the need for a stimulus, agreeing to a framework remains in question. The two sides are at odds over how much of unemployment should be supplemented by the federal government. There is also a debate on offering businesses liability protection from coronavirus-related lawsuits.“Today we have an emergency,” Pelosi said. “A building is on fire and they're deciding how much water they want to have in the bucket. This is very important. Millions of people could've fallen into poverty without the 600 dollars. They're so fussy about any anecdotal information they might have about somebody not going to work because they make six hundred dollars on this, but so cavalier about big money going to companies that shouldn't really be having it."Treasury Secretary Steven Mnuchin met with Congressional leaders on Saturday."There's clearly a subset of issues where we both agree on very much,” Mnuchin said. “We're very interested in extending un-enhanced unemployment insurance, we're very interested in schools, we're very interested in jobs. I think as you know, as the Leader (Mitch) McConnell has said, liability insurance is very important to us. So there's definitely the PPP, there's a lot of bipartisan support." 1759