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Senate Majority Leader Mitch McConnell told Fox News on Tuesday he doesn't believe President Donald Trump will fire Robert Mueller, adding he doesn't want legislation on the issue."I don't think he should fire Mueller and I don't think he's going to," he said in the interview. "So this is a piece of legislation that isn't necessary in my judgment."Last week, a bipartisan group of senators introduced legislation that would make it harder for Mueller?to be fired for investigating Russian meddling in the 2016 election. 534
Snapchat can't catch a break.Shares of the social media company plunged Wednesday after it changed its app again — only months after a previous redesign that ticked off users.Snap stock was down 7% in midday trading, putting it more than 15% below the price when it went public last year.Last year, Snapchat changed the app to differentiate between a user's personal friends and media superstars that a user follows. Many fans revolted. So did Wall Street.The latest changes appear to backtrack. On the same Discover page, some users now see a test that shows Stories from their friends as well as posts from celebrities and other "influencers" that they subscribe to."We are always listening to our community and will continue to test updates that we hope will give Snapchatters the best possible experience on our platform," a Snapchat spokesperson told CNNMoney in response to a question about the changes.Celebrities aren't pleased with Snap lately, either.Kylie Jenner bashed Snapchat in February. Her tweet criticizing the redesign — she called it "so sad" — caused the stock to tank. Jenner later took a literal baby step back toward Snapchat, posting videos of her infant daughter, Stormi, to the platform.)Related: The Kylie Jenner curse? Snapchat faces its defining momentAnd just last month, Rihanna attacked the company after an ad on Snapchat made light of a 2009 incident in which Rihanna's former boyfriend Chris Brown was arrested. He later pleaded guilty to beating her during an argument.The constant rejiggering of Snapchat has clearly annoyed lots of users, though, not just famous people. It's making investors nervous, too. And it couldn't happen at a worse time for the company.It's still not clear that Snapchat will ever be able to be profitable enough to live up to the hype before it went public. Snapchat rallied after its last "earnings" report, but investors still worry about slow user growth.In many respects, Snapchat's challenges are similar to those of Twitter — a company that never can seem to satisfy Wall Street. Twitter stock fell Wednesday even though the company reported revenue and profit that topped forecasts.Concerns about privacy for social media users have reached new heights since the Facebook/Cambridge Analytica data scandal.Of course, Facebook also owns Snapchat's fiercest rival, Instagram. Many investors worry that Snapchat won't ever top Instagram's user count, especially if Instagram keeps rolling out features similar to Snapchat's.Facebook will report its latest earnings, including Instagram user numbers, after the market closes Wednesday.— CNNMoney's Kaya Yurieff contributed to this story. The-CNN-Wire 2676
ST. HELENA, Calif. (AP) — California firefighters are battling destructive new wildfires north of San Francisco as strong winds fan flames in the already badly scorched state.The fires erupted Sunday in the famed Napa-Sonoma wine region north of San Francisco and in far Northern California's Shasta County, forcing hasty neighborhood evacuations.The San Francisco Chronicle is reporting that the flames in wine country engulfed a winery, an inn and multiple homes.A hospital suspended care and transferred patients elsewhere and residents of a senior citizens home were evacuated. California officials say the new fires had burned 17 square miles as of Monday. 669
Southwest Airlines said Thursday that a fatal accident on one of its planes has scared some people away from booking flights on the airline.It reported seeing a "recent softness in bookings following the Flight 1380 accident." And it said that that weakness in bookings will result in slightly lower fare revenue in the second quarter as it tries to keep its planes full.A passenger died last week when a fan blade broke off the engine of a Boeing 737 and shrapnel shattered a window next to her. It is the first passenger fatality in the history of Southwest -- and the first commercial airline fatality in the United States in more than nine years."It remains a somber time for the Southwest family following the Flight 1380 accident, and our thoughts and prayers continue to be with the Riordan family, and all of our customers on the flight," said CEO Gary Kelly in the company's earnings statement.Related: Window seat or aisle? After Southwest incident, some passengers think twiceAlso on Thursday, American Airlines lowered its profit forecast for the year because of higher fuel costs. The world's largest airline reported that increased fuel prices cost it 2 million during the just-completed quarter.The warnings from American and Southwest sent all the major airline stocks lower in premarket trading Thursday.The-CNN-Wire 1344
Several big things are happening over at The Walt Disney Company.During their annual Investor Day event on Thursday, Disney announced that Disney+ is growing, new shows in the "Star Wars" and Marvel universe are coming, Hulu will debut a series set in the "Alien" universe, and The Kardashian-Jenner's have inked a deal and will move to Hulu.Hulu announced via Twitter that the famous family, who revealed their reality show "Keeping Up With the Kardashians" was ending in 2021, is moving to Hulu."The Kardashian Jenners will create new global content under a multi-year deal, to stream exclusively on Hulu in the U.S. and in multiple territories on Star internationally," Hulu announced in a tweet. 707