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NEW YORK (AP) — Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president.Ending weeks of speculation, the 77-year-old former Republican announced his candidacy Sunday in a written statement posted on a campaign website describing himself as uniquely positioned to defeat President Donald Trump. He will quickly follow with a massive advertising campaign blanketing airways in key primary states across the U.S.“I’m running for president to defeat Donald Trump and rebuild America,” Bloomberg wrote.“We cannot afford four more years of President Trump’s reckless and unethical actions,” he continued. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”Bloomberg’s entrance comes just 10 weeks before primary voting begins, an unorthodox move that reflects anxiety within the Democratic Party about the strength of its current candidates.As a centrist with deep ties to Wall Street, Bloomberg is expected to struggle among the party’s energized progressive base. He became a Democrat only last year. Yet his tremendous resources and moderate profile could be appealing in a primary contest that has become, above all, a quest to find the person best-positioned to deny Trump a second term next November.Forbes ranked Bloomberg as the 11th-richest person in the world last year with a net worth of roughly billion. Trump, by contrast, was ranked 259th with a net worth of just over billion.Already, Bloomberg has vowed to spend at least 0 million of his fortune on various pieces of a 2020 campaign, including more than 0 million for internet ads attacking Trump, between million and million on a voter registration drive largely targeting minority voters, and more than million on an initial round of television ads.He did not say how much he would be willing to spend overall on his presidential ambitions, but senior adviser Howard Wolfson did: “Whatever it takes to defeat Donald Trump.”Wolfson also said that Bloomberg would not accept a single political donation for his campaign or take a salary should he become president.Even before the announcement was final, Democratic rivals like Bernie Sanders pounced on Bloomberg’s plans to rely on his personal fortune.“I’m disgusted by the idea that Michael Bloomberg or any billionaire thinks they can circumvent the political process and spend tens of millions of dollars to buy elections,” Sanders tweeted on Friday.Elizabeth Warren, another leading progressive candidate, also slammed Bloomberg on Saturday for trying to buy the presidency."I understand that rich people are going to have more shoes than the rest of us, they're going to have more cars than the rest of us, they're going to have more houses,” she said after a campaign stop in Manchester, New Hampshire. “But they don't get a bigger share of democracy, especially in a Democratic primary. We need to be doing the face-to-face work that lifts every voice."Bloomberg does not speak in his announcement video, which casts him as a successful businessman who came from humble roots and ultimately “put his money where his heart is” to effect change on the top policy issues of the day — gun violence, climate change, immigration and equality, among them.Bloomberg has devoted tens of millions of dollars to pursue his policy priorities in recent years, producing measurable progress in cities and states across America. He has helped shutter 282 coal plants in the United States and organized a coalition of American cities on track to cut 75 million metric tons of carbon emissions by 2025.But he is far from a left-wing ideologue.Bloomberg has declined to embrace Medicare for All as a health care prescription or the “Green New Deal” to combat climate change, favoring a more pragmatic approach.Still, he has endeared himself to many of the nation’s mayors, having made huge investments to help train local officials and encouraging them to take action on climate, guns and immigration in particular.Ahead of Bloomberg’s presidential announcement, the mayors of Columbia, South Carolina, and Louisville, Kentucky, endorsed him. Despite that show of support from two local black leaders, Bloomberg may have trouble building a multi-racial coalition early on given his turbulent record on race relations in New York.He angered many minority voters during his 12 years in the New York City mayor’s office for embracing and defending the controversial “stop-and-frisk” police strategy, despite its disproportionate impact on people of color. Facing an African-American congregation this month in Brooklyn, Bloomberg apologized and acknowledged it often led to the detention of blacks and Latinos.The apology was received skeptically by many prominent activists who noted that it was made as he was taking steps to enter the race.The campaign will be headquartered in Manhattan and managed by longtime adviser Kevin Sheekey. Wolfson will also play a senior role.Bloomberg’s team did not establish a super PAC before launching the campaign, preferring to run the primary campaign and a simultaneous set of general election-focused moves like the anti-Trump internet ads and voter registration drive out of the same office.The path ahead may be decidedly uphill and unfamiliar.Bloomberg plans to bypass the first four states on the primary calendar — Iowa, New Hampshire, Nevada and South Carolina — and focus instead on the crush of states that vote on Super Tuesday and beyond. It's a strategy that acknowledges the limitations of entering the race at this late stage and the opportunities afforded by his vast personal wealth.His team has noted that several candidates have devoted much of the year to building support on the ground in the earliest states, and Bloomberg needs to be realistic about where he can make up ground.Nearly a quarter of primary delegates are up for grabs in the March 3 Super Tuesday contests, which have gotten far less attention so far.Bloomberg has openly considered a presidential bid before, but as an independent. He declined to enter the 2016 contest only after deciding there was no path to victory without the backing of a major political party.He explored a run earlier this year, too, but decided there was no path with establishment-favorite Joe Biden in the race. Biden’s perceived weakness, along with the rise of progressive firebrand Warren, convinced him to reconsider.“We believe that voters are increasingly concerned that the field is not well positioned to defeat Donald Trump,” Wolfson said of Bloomberg’s decision to change his mind.Initially registered as a Democrat, the Massachusetts native filed paperwork to change his voter registration to Republican in 2000 before his first run for New York City mayor, according to a spokesman. In June 2007, he unenrolled from the GOP, having no formal party affiliation until he registered again as a Democrat this October.While some will question his newfound commitment to Democrats, he vowed allegiance to the party in an Associated Press interview earlier in the year, saying, “I will be a Democrat for the rest of my life.”__Associated Press writer Hunter Woodall in Manchester, New Hampshire, contributed to this report. 7347
NORTON, Kan. – A Kansas nursing home has been hit hard by COVID-19.All 62 of the residents at the Andbe Home in Norton have tested positive for the novel coronavirus and 10 of the patients have died as a result of the disease, according to the Norton County Health Department.In a press release, the health department said Monday that one of the surviving residents has been hospitalized and the remaining 51 are being cared for at the privately-owned nursing home facility.Additionally, the department says some staff members have tested positive for the virus, though a specific number was not provided.

New charges were filed late Friday against former Trump campaign chairman Paul Manafort in the special counsel investigation.Prosecutors allege that Manafort, with the assistance of longtime business partner Rick Gates, "secretly retained a group of former senior European politicians to take positions favorable to Ukraine, including by lobbying in the United States."The new indictment came less than two hours after Gates pleaded guilty to two criminal charges in federal court and pledged to cooperate with special counsel Robert Mueller's investigation of Russia and the 2016 presidential election.Prosecutors say Manafort orchestrated a group of former European politicians, called the "Hapsburg group," to pose as independent voices. Yet they covertly pushed positions favorable to Ukraine as paid lobbyists. Manafort used offshore accounts to pay the former politicians 2 million euros.Manafort also allegedly used million from an offshore account to fund a report on the trial of a political opponent jailed by his clients. A lawyer involved in the report -- Alex van der Zwaan -- pleaded guilty to lying to investigators earlier this week.The new charges, which sweep up some information Gates has conceded to investigators and other information in charges filed Thursday in Virginia federal court, include money laundering, foreign lobbying violations and making false statements.Manafort has pleaded not guilty and maintains his innocence.Gates admitted in a guilty plea Friday that he and Manafort had sent letters to the Justice Department in November 2016 and last February that falsely asserted they hadn't lobbied on behalf of Ukraine in the United States. The federal investigation into their lobbying work began in September 2016, about a month after Manafort left Trump's campaign.The new indictment also removes Gates from the charges, and also removes several counts from the original October indictment.In total, Manafort now faces five federal criminal charges in Washington, including money laundering and foreign lobbying violations, and 18 federal charges in Virginia, largely related to alleged bank fraud.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 2241
Nine West Holdings, which owns the Nine West and Anne Klein brands, has filed for bankruptcy.Friday's chapter 11 filing shows that the company owes more than billion.Nine West said in a statement that it plans to sell Nine West and its Bandolino line to Authentic Brands Group. ABG owns Juicy Couture and Aéropostale, among others.The company's eponymous brand and Bandolino both sell women's shoes, handbags and accessories.Ralph Schipani, the struggling retailer's CEO, said that the restructuring will help the company reduce debt and increase growth by allowing it to focus on its stronger brands, like Anne Klein and One Jeanswear Group."This is the right step," Schipani said. "We will retain our strong, profitable and growing apparel, jewelry, and jeanswear businesses." He added that the changes should help the company to "be well positioned for the future."Nine West said it expects to continue operating normally during the bankruptcy process.The company, which has been owned by Sycamore Partners Management since 2014, joins a growing list of retailers that have filed for bankruptcy this year. Claire's filed for bankruptcy last month, and Toys "R" Us in September. The toy seller said recently that it is closing or selling all of its US stores.Last year, more than 7,000 stores closed, which set a record.Retailers have been struggling to compete with online retailers like Amazon, and suffering from the death of the mall. Many have also struggled to survive under mountains of debt.The-CNN-Wire 1524
NEW YORK (AP) — A tentative deal has been reached to settle multiple lawsuits brought against the television and film company co-founded by Harvey Weinstein, who has been accused of sexual misconduct by scores of women.Attorneys involved in the negotiations told a federal bankruptcy court judge during a hearing in Wilmington, Delaware, Thursday that a breakthrough in a still-unfinished mediation had put a settlement within reach.The amount of the deal wasn't revealed in court, but a person familiar with the negotiations told The Associated Press it was worth million. The person wasn't authorized to reveal details of the discussions and spoke on condition of anonymity."We now have an economic agreement in principal that is supported by the plaintiffs, the (New York attorney general's) office, the defendants and all of the insurers that, if approved, would provide significant compensation to victims, creditors and the estate and allow the parties to avoid years of costly, time consuming and uncertain litigation on all sides," Adam Harris, a lawyer for studio co-founder Bob Weinstein, told the judge.He cautioned that there was still "a lot of work here to do.""But," he added, "I personally am very optimistic."The size of the settlement was first reported by The Wall Street Journal.More than 15 lawsuits have been filed accusing Harvey Weinstein or the company of misconduct. The settlement would cover many of them, including a class action by alleged victims that accuses the film company of operating like an organized crime group to conceal widespread sexual harassment and assaults.It would also resolve a civil suit by the New York attorney general alleging that Harvey Weinstein's media company, in enabling his mistreatment of women, violated labor laws.The New York attorney general's office declined to comment on the amount of the settlement.Any settlement would need to be approved by the courts.Harvey Weinstein also faces criminal charges in New York of rape and performing a forcible sex act. His trial is scheduled to begin in September. The settlement wouldn't resolve his criminal case.Weinstein denies all allegations of nonconsensual sex.An attorney who represents unsecured creditors in the bankruptcy of the Weinstein film studio, Robert Feinstein, told U.S. Bankruptcy Court Judge Mary Walrath that mediation talks that had broken down a few months ago had recently been restarted.A global settlement of the class action lawsuit and all other legal action against the Weinstein Co. seemed to become possible only in the past few days, he said, though he cautioned that many details remained to be resolved."I think we are poised to get there. I can't assure the court that we will," he said.Harris said the settlement was complex due to the number of claims, and insurance companies, involved."We're dealing with potential claims here that go back . more than 25 years," he said, adding that the nature of the allegations had also made for "a highly charged environment, with very strong feelings on all sides."___Associated Press writer Randall Chase in Dover, Delaware, contributed to this report. 3151
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