Fox News chairman and CEO Roger Ailes has been fired after allegations of sexual harassment were made against him by former Fox host Gretchen Carlson and several other women, according to media reports. Just Tuesday, Fox host Megyn Kelly said she was sexually harassed by Ailes 10 years ago. The Drudge Report claims that Ailes will receive a $40 million buyout.
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Donald Trump and the Republican National Committee raised nearly $51 million for his presidential campaign in June, his organization announced Wednesday, a dramatic increase over the paltry $3 million raised in May. In June, Hillary Clinton raised $68.5 million, including $40 million for her campaign and $28 million for the Democratic National Committee and state victory funds. Trump got off to a slow start in fundraising, funding much of his primary campaign with personal loans of $50 million. He announced last month he would forgive the loans to his campaign, intending to signal potential donors that he would not use their funds to repay himself.
Businesses that ask a job applicant about his or her criminal history during the hiring process could be fined and forced to pay the applicant up to $500 under a new law being considered by Los Angeles. A Los Angeles City Council committee backed a plan Tuesday to penalize businesses that weed out applicants based on criminal convictions. The rules are part of a law under consideration by the council aimed at giving former convicts a better shot at obtaining employment. The Ban the Box ordinance, approved in concept last year by the council, bans private employers with 10 or more workers from asking questions related to an applicant's criminal history before a conditional offer of employment has been made. read more
CNBC: California is now the sixth largest economy in the world, surpassing France thanks to a robust state economy and the strength of the U.S. dollar. California was the world's eighth-largest economy as of last year, according to Irena Asmundson, chief economist of the California Department of Finance. "California did exceptionally well in 2015," said Asmundson. "Lots of sectors did well." read more