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Protesters opposed to Brett Kavanaugh's appointment to the US Supreme Court massed in Washington on Saturday, with several activists briefly disrupting the afternoon vote in the Senate.Capitol Police said 14 people were arrested for protests in the Senate Gallery, 13 during the successful vote to confirm Kavanaugh and one a short time earlier. 353
Republican Senate Majority Leader Mitch McConnell predicted Wednesday that if Democrats take control of the House of Representatives and start investigating President Donald Trump, it could backfire on the party and create a political advantage for the President."I think it will help the President get re-elected," McConnell said during an interview with The Associated Press when asked about the possibility that Democrats could "launch many, many investigations into the President and the administration," into matters such as Trump's tax returns and his business empire, if they win the House in the midterm elections.McConnell suggested that if Democrats were to pursue that strategy, voters would turn against them.The majority leader recalled what he described as the "price" that Republicans paid for impeaching Democratic President Bill Clinton in the 1990s.McConnell said many congressional Republicans thought they would have "a great year in '98," but instead "it worked exactly the opposite.""The public got mad at us and felt sympathy for President Clinton," he said.McConnell warned, "So this business of presidential harassment may or may not quite be the winner they think it is." 1215

President Trump's first public reaction to the cancellation of "Roseanne" is a shot at Disney CEO Bob Iger."Bob Iger of ABC called Valerie Jarrett to let her know that 'ABC does not tolerate comments like those' made by Roseanne Barr," Trump tweeted Wednesday morning. "Gee, he never called President Donald J. Trump to apologize for the HORRIBLE statements made and said about me on ABC. Maybe I just didn't get the call?"Jarrett was one of the targets of Barr's Twitter tirade early Tuesday morning.Barr compared Jarrett to "Planet of the Apes" and the Muslim Brotherhood, then claimed she was just joking. The tweet was widely condemned as racist.Jarrett, one of the most prominent African American women in politics, was one of President Obama's top aides. That's partly why Barr attacked her. Barr frequently uses her Twitter account to deride Democrats.Iger and Jarrett did not immediately respond to requests for comment about Trump's tweet.Trump is implying that he is the victim of a liberal media double standard. There are additional political overtones to the dispute since Iger seriously considered a 2020 run against Trump. He deliberated about it with friends and financiers last year, but ultimately decided against a run.It is true that Iger called Jarrett and told her about the decision to cancel "Roseanne" shortly before it was announced on Tuesday."He wanted me to know before he made it public that he was canceling the show," Jarrett said in an interview on MSNBC.Trump's tweet on Wednesday seemed to be influenced by an Entertainment Weekly recap of the interview. EW said that "Iger apologized and said he would not tolerate those kinds of comments made by Barr, Jarrett said."Earlier in the day on Wednesday, Barr reacted to ABC's decision by tweeting apologies and retweeting dozens of her fans. Some of the retweets promoted conspiracy theories and anti-ABC grievances.The-CNN-Wire 1918
REDWOOD CITY, Calif. (AP) — Tech giant Oracle is moving its headquarters from California to Austin, Texas. Oracle announced the move Friday. It's not clear how many Oracle employees will move. The business software maker says it is letting many workers choose their office locations and decide whether to work from home. Oracle's announcement comes just days after Tesla founder Elon Musk announced that he has moved to Austin. RELATED: Tesla seeks to sell B in stock; CEO Musk moves to TexasOracle's decision is a bragging-rights win for Texas, which has been pursuing California companies for years. Texas Governor Greg Abbott is boasting about the Oracle move, saying on Twitter that Texas is the land of business, jobs, and opportunity. 750
President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519
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