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Groupon co-founder Andrew Mason has been fired as the daily-deal company's CEO, one day after Groupon posted financial results that showed it lost $67.4 million during 2012. Board chairmen Eric Lefkofsky and Ted Leonsis will jointly fill the CEO post on an interim basis.
The network of political groups headed by conservative industrialists David and Charles Koch spent millions of undisclosed dollars in last year's elections. Now, after failing to help Republicans win the White House or the Senate, the Koch brothers are re-examining the network, its goals and strategies.
Originally published on Thu February 28, 2013 7:17 pm
If New Jersey Gov. Chris Christie was hoping for a return invite to the big CPAC convention this year, he probably should have thought of that before he bad-mouthed House Speaker John Boehner a couple of months back.
Christie was incensed by the House's failure to pass a relief bill helping victims of Superstorm Sandy, which hammered New Jersey and the rest of the Northeast last autumn. In typical Christie style, he did not pull any punches.
President Obama minced no words when he talked about how the looming budget cuts known as sequestration could hurt the Justice Department.
"FBI agents will be furloughed. Federal prosecutors will have to close cases and let criminals go," Obama said.
Starting late Friday, if Congress and the White House can't come to an agreement, the Justice Department will face $1.6 billion in cuts — about 9 percent of its budget. Attorney General Eric Holder told a group of state law enforcement officials who met in Washington this week that the situation looks ugly.