Developing.” />
Take Two Interactive investors sent the company’s share price down 5.2% Monday during trading hours following President Trump’s threats to “stop the glorification of violence” — but the Trump slump didn’t last long: Following the release of better-than-expected earnings Monday afternoon, Take Two’s stock regained 6.7%.
His remarks not only depressed share prices for Take Two, but also Activision Blizzard, which is reporting earnings this coming Thursday.
Take Two now expects GAAP net revenue to range from $2.83 to $2.93 billion, and GAAP net income is expected to range from $425 to $454 million. Based on these results, the company raised its outlook for the fiscal year ending March 31, 2020.
“Fiscal 2020 is off to a terrific start with first quarter operating results that beat our expectations,” said Strauss Zelnick, Chairman and CEO of Take-Two, in prepared remarks. "We delivered significant Net Bookings and cash flow growth driven by the performance of 'Grand Theft Auto Online' and 'Grand Theft Auto V,' 'NBA 2K19,' the 'Borderlands' franchise, and 'Red Dead Redemption 2' and 'Red Dead Online.'"
"We must stop the glorification of violence in our society," Trump said in prepared remarks Monday morning. Earlier on Monday, President Trump appeared to blame video games for this weekend’s mass shootings in Dayton, Ohio and El Paso, Texas. "This includes the gruesome and grisly video games that are now commonplace."
Net income for the quarter was $46.3 million, equaling diluted earnings per share of $0.41, compared to $71.7 million in fiscal Q1 of 2019. In its fiscal first quarter 2020, which ended on June 30, Take Two generated revenues of $540.5 million, compared to $388 million during the same quarter a year ago.

"When we condemn the racist venom coming from the President's mouth and point out the bigotry of his policies, it's not an academic question, it's not a political game, it's about life and death,” he continued. He is a part of the problem." “The President regularly inspires killers.
"My heart aches for El Paso and Dayton. Our nation is experiencing these traumas far too often and we need our leaders to take urgent action: take these weapons of war off the street and fight the evil ideology of white nationalism that motivates many of these terrorists," he wrote.″ />

John Legend has made no secret of his negative feelings about President Trump, and in the wake of the mass shootings in El Paso and Ohio that took place over the weekend, the singer made a series of posts slamming the president for “inspiring” violence.
Earlier this week, Legend slammed the president for his comments attacking the city of Baltimore, calling Trump a “racist p—k” for negative comments toward Democratic Congressman Elijah Cummings and the city of Baltimore.

He also reposted a video interview in which he criticized the president after the the mass shooting in New Zealand earlier this year — an incident that resulted in tighter gun laws in that country.

Trump did not sit for an interview with Mueller's team, but issued written responses to questions.
"In cataloguing the president's action, many of which took place in public view, the report identifies no actions that, in our judgment, constitute obstructive conduct had a nexus to a pending or contemplative proceeding, and were done with corrupt intent, each of which, under the Department's principles of federal prosecution guiding charging decisions, would need to be proven beyond a reasonable doubt to establish an obstruction-of-justice offense," Barr wrote.” />
"AG Barr and DAG Rosenstein further determined there was no obstruction. "The Special Counsel did not find any collusion and did not find any obstruction," Press Secretary Sarah Huckabee Sanders wrote on Twitter. The findings of the Department of Justice are a total and complete exoneration of the President of the United States.”
Barr wrote that the investigation determined that there were two main Russian efforts to influence the 2016 election — a misinformation campaign and a hacking operation to obtain emails from those associated with the Clinton campaign and the Democratic party. Barr wrote that "the Special Counsel did not find that the Trump campaign, or anyone associated with it, conspired or coordinated with the Russian government in these efforts, despite multiple offers from Russian-affiliated individuals to assist the Trump campaign."
He noted that Mueller found that the underlying evidence "does not establish that the president was involved in an underlying crime related to Russian election interference." Barr wrote that he concluded that the evidence that Mueller gathered was not sufficient to establish an obstruction of justice offense.
Rudy Giuliani, one of the president's lawyers, said on CNN that they viewed it as a "complete exoneration."
He called it an "illegal takedown that failed," and called for a new investigation of why the Russia investigation was launched. "It is a shame that our country had to go through this. To be honest it is a shame our president had to go through this," Trump told reporters.
The White House reacted with a sense of vindication.
In the letter, Barr released the summary of the "principle conclusions" of Mueller's investigation, after the special counsel delivered his report on Friday.
Instead, it left the obstruction of justice question to Barr, who concluded that the Department of Justice found no actions that, "in our judgment, constitute obstructive conduct" on the part of the president.
Democrats continue to urge Barr to release the full Mueller report, and Nadler said that he planned to call the attorney general to testify before the House Judiciary Committee "in light of the very concerning discrepancies and final decision making at the Justice Department following the Special Counsel report, where Mueller did not exonerate the president."
Trump had repeatedly insisted that there was "no collusion," and has characterized Mueller's investigation as a "witch hunt." Mueller's investigation, stretching nearly two years, has been the source of ongoing anticipation of whether it would in any way implicate President Trump, particularly when it comes to questions of whether he attempted to stymie the probe or even obstruct justice.
WASHINGTON — Special Counsel Robert Mueller did not find that members of the Trump campaign "conspired or coordinated" with Russia in its efforts to influence the 2016 election, Attorney General William Barr wrote in a letter to Congress that was made public on Sunday.
But House Judiciary Committee Chairman Jerry Nadler (D-N.Y.) expressed concerns over Barr's determination that Trump did not obstruct justice. He tweeted that "Special Counsel Mueller worked for 22 months to determine the extent to which President Trump obstructed justice. Attorney General Barr took 2 days to tell the American people that while the President is not exonerated, there will be no action by DOJ."
On Sunday, broadcast networks and cable news channels covered the release of the summary to Congress and the public with great anticipation, as it gives the first glimpse of Mueller's report since he delivered a completed copy on Friday. CNN kept a camera at a Justice Department entrance, along with reports from Capitol Hill.
KEEP AMERICA GREAT!" Shortly after Barr's letter was made public, Trump tweeted, "No Collusion, No Obstruction, Complete and Total EXONERATION.
"The Special Counsel states that 'while this report does not conclude that the president committed a crime, it also does not exonerate him.'" Mueller made no conclusion on whether Trump's conduct during the investigation rose to the level of obstruction of justice.

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The Senate and House were expected to vote on the spending plan this afternoon and evening. the bill offers far less than Trump demanded to build a physical barrier at the border.
White House Press Secretary Sarah Huckabee Sanders confirmed that Trump would sign the funding bill and that he would take other executive action, including a national emergency, "to ensure that we stop the national security and humanitarian crisis at the border."
"Just think of what a president with different values can present to the American people," she said.
But the declaration of a national emergency is likely to face a legal challenge. Speaking to reporters, House Speaker Nancy Pelosi said that it would be an "end run around Congress." She also said that Republicans would regret the president's action, as it would set a precedent for future occupants of the Oval Office.
"I've just had an opportunity to speak with President Trump," McConnell said on the Senate floor. "I would say to all my colleagues, he has indicated he is prepared to sign the bill. He will also be issuing a national emergency declaration at the same time.”
WASHINGTON — President Donald Trump has indicated that he will sign a spending bill to keep the government open, but also plans to issue an emergency declaration to build a wall or physical barrier along the U.S.-Mexico border, Senate Majority Leader Mitch McConnell said on Thursday.
"Want to talk about a national emergency? Let's talk about today," she said, noting that it is the first anniversary of the high school shooting in Parkland, Florida.
"The president is once again delivering on his promise to build the wall, protect the border, and secure our great country," she said.
Trump sought $5.7 billion for a much more comprehensive, steel barrier project. The funding deal, reached by a bipartisan Congressional conference committee earlier this week, provides $1.375 billion for 55 miles of fencing along the border.

There’s plenty to do. You have to find your pieces. That takes a lot of work.”” /> You have to make them sing, and make sense, and have a beginning, middle and end. “You put your mind to your story. While the show charts its path, Stahl says she tries to focus on her assignments.
Last week, Pelley presented interviews with Senator Heidi Heitkamp, Democrat of North Dakota, and Senator Susan Collins, Republican of Maine, in which they explained why they voted how they did on the Kavanaugh confirmation. “60 Minutes” opened the season with Scott Pelley getting reaction from both Republican Senator Jeff Flake and Democratic Senator Chris Coons to the emotional testimony from Supreme Court Justice Brett Kavanaugh before the Senate Judiciary Committee. The stories gave viewers added perspective into a topic that was arguably one of the most consequential decisions about American government in recent memory.
The segment sparked tons of reaction. “If I sound tired, I am,” the veteran “60 Minutes” correspondent told Variety in an interview, just hours before getting on a plane to Africa to pursue another report. Stahl unveiled last night on the show one of the biggest stories of the week — a Thursday sit-down with President Donald Trump during which she asked him about his views on climate change, pushed back on his use of undocumented sources, and elicited vows of potential retaliation if the Saudis have in fact assassinated journalist Jamal Khashoggi.
“I haven’t, and most of the staff hasn’t, had a day off in three weeks, literally,” he says. Producers were working on Saturdays to get Pelley’s interviews ready for air. For the Trump interview, he adds, “I have to give credit where it is due, to Lesley and a host of producers, assistant producers and editors who were really grinding it out.” “There’s a real feeling of everybody pitching in on the floor,” he adds. Getting behind breaking headlines means more work for the staff, Owens told Variety.
The show is not backing away from the types of stories for which it’s famous, says Owens, but “we want to be on the news” when the show can “cover it in a way that we are going to bring something new to the story, something value added.” Viewers want to see longer conversations from newsmakers, he says, even examine their body language as they respond to the most important questions of the day.
Fager has denied the allegations, and both he and CBS agree that his dismissal came after a threatening tweet he made to a CBS News reporter who was investigating the claims. Fager had been under after The New Yorker printed allegations by CBS News staffers that he had tolerated a tough workplace culture and possibly touched some employees inappropriately. The emphasis has surfaced as the CBS show is in a period of transition. Jeff Fager, the longtime executive producer of “60 Minutes” left the company in September after responding to a CBS News reporter with a threatening text message — a violation, CBS said, of company policy.
Her show, "60 Minutes," broadcasts on Sundays. And she snared the big interview for her story last Thursday. You might think Lesley Stahl would be rested.
He helped produce an opening-week story on Paul McCartney, and was instrumental, Stahl says, in securing the interview with President Trump. Owens has been busy. He was also involved, she says, in Pelley’s recent work.
Bill Owens picked that up and pursued it.” Trump promised another sit down, Stahl recounts. Stahl interviewed Trump and his family for a “60 Minutes” segment in November of 2016 – just days after he was elected to the Oval Office. “From time to time, Jeff Fager would check into the White House and sort of urge them to consider whatever the month way.
An aficionado of the venerable CBS newsmagazine typically expects deep-dive reporting into any number of newsy subjects, such as Bill Whitaker’s recent look at the opioid crisis, or a whimsical profile of an artist or celebrity about whom everyone wants to know more. “60 Minutes” is no stranger to generating headlines. Since the show launched its 51st season three weeks ago, producers have made certain that one segment has been about the week’s most-discussed issues – a bid, perhaps, to give viewers something extremely relevant to consider even as “60” applies its own brand of reporting to the matter at hand.
“He was almost the opposite of what he was” when she interviewed him in 2016 for “60 Minutes” after he had been elected to office. Viewers who watched Stahl’s segment on Sunday saw a President much more confident in his position. At the same time, she pressed him on the facts throughout the encounter. “He was just a different person then,’” she recalls. “He was sitting back in his chair. Zero feistiness. As any president was, he was just beginning to absorb the challenges that he was facing.” On Thursday, she says, she encountered “a man who is feeling extremely confident. He had a lot to crow about.
Owens is managing the program as CBS News considers candidates for the executive producer role. These people also note that “60” has an insular culture that would be difficult for anyone who has not worked there to navigate. Two people familiar with the show say a significant portion of the staff would like to see Bill Owens, the show’s executive editor, take the reins.
That’s what we are going to do.” “This isn’t about me auditioning” for the executive-producer role, he says. Owens says the hard-news segments help bolster the program. “This is about what’s best for ’60 Minutes’ and our audience, really, who expect us to relentlessly be covering the news in a smart way that’s in keeping with our standards.
And there can be risk for “60 Minutes” in chasing breaking news. Indeed, "60 Minutes" released news of President Trump's remarks about the Saudis and Khashoggi well ahead of the broadcast. “We have been worried all week that the news was going to get ahead of the interview,” says Stahl. What if the reporting can’t hold until the Sunday broadcast?
Viewers expect big stories from “60 Minutes” each week. “The first three shows of this season, the opening pieces have been right on the news — hard-news pieces,” says Stahl. They don’t always get segments that are so tightly entwined with the current news cycle.
Other names have surfaced as potential replacements for Fager, including that of Susan Zirinsky, the veteran CBS News producer who currently oversees “48 Hours.” If named chief, she would be the first female producer to run the show.

On Friday, White House Press Secretary Sarah Huckabee Sanders released a statement condemning the book.
"I was complicit with this White House deceiving this nation — they continue to deceive this nation," she said.
WASHINGTON — NBC's "Meet the Press" on Sunday aired Omarosa Manigault Newman's recording of her firing by White House Chief of Staff John Kelly in December, and she said that she considers what Kelly said a "threat."
She also said that her conversation with Kelly took place in the White House situation room, an area that is typically off limits to personal recording devices and cell phones.
Manigault Newman appeared on the program in advance of the Tuesday publication of her new memoir "Unhinged: An Insider's Account of the Trump White House."
Manigault Newman said that she had a "blind spot" when it came to President Trump. Trump blamed the violence on "many sides," rather than condemning the white supremacists who were protesting. She said that she was "totally complicit" when she defended the president after the Charlottesville riots one year ago.
"It’s sad that a disgruntled former White House employee is trying to profit off these false attacks, and even worse that the media would now give her a platform, after not taking her seriously when she had only positive things to say about the President during her time in the administration.” On Saturday, Trump called Manigault Newman a "lowlife." “Instead of telling the truth about all the good President Trump and his administration are doing to make America safe and prosperous, this book is riddled with lies and false accusations," she said.″ />
Kelly is heard on the recording telling Manigault Newman that she is being fired over "integrity violations." In her interview with Todd, Manigault Newman called on the White House to release her employee file so "the American people will see that I worked my butt off for this country."
"I heard his voice as clear as you and I are sitting here," she said. Manigault Newman said that Trump "never said the n-word in my presence," but in her book she cites unnamed sources who claim to know of the existence of a recording where the president uses that word on the set of "The Apprentice." She told Todd that she heard a recording of Trump using the n-word.
Ronna McDaniel, the chairwoman of the Republican National Committee, wrote in a tweet, "Who in their right mind thinks it's appropriate to secretly record the White House chief of staff in the Situation Room?"
"I think it's important to understand that if we make this a friendly departure, we can all be, you know, you can look at your time here at the White House as a year of service to the nation, and then you can go on without any difficulty in the future relative to your reputation," Kelly tells her in the recording.
Manigault Newman told Todd that she made the recordings of conversations because "this is a White House where everybody lies" and "you have to have your back."
And if I didn't have these recordings, no one in America would believe me. So I protected myself and now I am glad I did." "It is very obvious a threat. And things getting ugly for me, and damage to my reputation, that is downright criminal. He goes on to say that things can get ugly for you," Manigault told "Meet the Press" host Chuck Todd. "The chief of staff of the United States, under direction of the president of the United States, threatening me on damage to my reputation.

She was one of the highest paid employees on the White House staff, given a salary of almost $180,000 a year. Manigault Newman served as special assistant to the president, and was tasked with outreach to the African American community.

What makes "Dark Money" work is that it traces what has happened in the state over several election cycles, as she followed political figures and journalists over the course of five years. She also digs into the state's tradition of clean politics, which at times is threatened by corporate interests.
So much focus on money in politics is on Senate and House races; "Dark Money," which opens this weekend, looks at state lawmakers in Montana who found themselves driven from office by a flood of pre-election day attack ads. The sources were opaque groups, financed by out-of-state corporate money, often with the message that the incumbents are too moderate.
Politico's Ben Schreckinger talks about how Sacha Baron Cohen fooled Joe Walsh, Sarah Palin and others.
Also: Tim Naftali of New York University talks about the Trump-Putin summit. I believe he has never changed his mind about the utility of whatever Russia did in 2016." "President Trump did nothing this week to clarify the issue. In fact, I believe he didn't want to.
"Part of the problem with dark money groups is that they pop up for just one election and then disappear. And then the same group will reconvene as something else, then pop up again and try to move another election." I knew how to get the access that I needed, and also because of that, I had a sense that you really needed to stick to this tale," she said. "As a native Montanan, I know how to talk to these people.
Listen below:
It also is available on demand. ” /> ET-11 a.m.-noon PT on SiriusXM's political channel POTUS. "PopPolitics," hosted by Variety's Ted Johnson, airs from 2-3 p.m.
I am certainly not seeing that," she says. "Ah, no.
WASHINGTON — Kimberly Reed's new project "Dark Money" pulls off what so many campaign reformers have trouble doing: She captures the personal impact of the flood of cash that has flowed into elections following the Supreme Court's Citizens United decision.
In Washington, President Trump promised to "drain the swamp," but Reed has a succinct answer to whether that is happening in any way.
Listen here.
The New York Post's Nikki Schwab and "The Open Mind" host Alexander Heffner talk about solidarity in the White House press corps.
"The characters I ran into were really heroic, everyday characters, and most of them were Republicans who were being attacked by their own party, by the far right-wing of their own party," Reed said.
Gigi Sohn, distinguished fellow at Georgetown University, explains what she sees happening with media mergers and government scrutiny.

The slogan for the campaign is "Be Best," and it will focus on wellness, social media use, and opioid abuse. The first lady, who is 48, unveiled her set of initiatives — aimed at children — at a White House Rose Garden ceremony last week.
The first lady posted a Mother's Day message on Twitter on Sunday.
Sen. Chuck Schumer (D-N.Y.) was among those wishing the first lady well.
UPDATED WASHINGTON — First Lady Melania Trump underwent an embolization procedure to treat what was described as a benign kidney condition, her communications director said on Monday.
She said at the event that “it concerns me that in today’s fast-paced and ever-connected world, children can be less prepared to express or manage their emotions and often turn to forms of destructive or addictive behavior such as bullying, drug addiction, or even suicide.”
Her willingness to go public in talking about the surgery was credited with raising awareness of breast cancer, at a time when many women kept their diagnosis private. In 1974, First Lady Betty Ford underwent a mastectomy after she was diagnosed with breast cancer.
It is generally a way to block blood flow to an organ to try to shrink a tumor. An embolization is minimally invasive, but it can be a significant, requiring a hospital stay. The White House statement described it as benign, a term that typically means there was no detection of cancer.
"Just heard news that @FLOTUS underwent surgery today. Sincere wishes for her speedy recovery," he wrote in a tweet.” />

President Trump said in a tweet, "Heading over to Walter Reed Medical Center to see our great First Lady, Melania. Successful procedure, she is in good spirits. Thank you to all of the well-wishers!" He left the White House via a Marine One helicopter shortly after 5 p.m.
"The procedure was successful and there were no complications," said Stephanie Grisham. The First Lady looks forward to a full recovery so she can continue her work on behalf of children everywhere." "Mrs. Trump is at Walter Reed National Military Medical Center and will likely remain there for the duration of the week.
First Lady Nancy Reagan underwent a mastectomy in 1987 after being diagnosed with breast cancer, and five years earlier had a skin cancer removed from her lip.

It appeared to be a veiled reference to the fact that a defamation suit would put the onus on Trump to prove that the statements are not true. She also responds to Harder's request that Henry Holt and Wolff preserve any documents related to the book with a similar request. As a public figure, Trump would have to show that Wolff and the publisher acted with actual malice — they knew the contents of the book were false or had a "reckless disregard" for the truth.
"Though your letter provides a basic summary of New York libel law, it stops short of identifying a single statement in the book that is factually false or defamatory," McNamara wrote. She called it the "antithesis of an actionable libel claim."
Bannon's responsibility — not Henry Holt's or Mr. Wolff's — to honor any contractual obligations," she wrote. "The law treats sources like Mr. Bannon as adults, and it is Mr.
Her letter also rejects other claims that Trump's attorneys made in his latter, including false light invasion of privacy, and of tortuous interference and breach of contract. The latter claim was that Wolff induced Steve Bannon, Trump's former chief strategist, to violate a non-disclosure agreement he signed during the campaign.
Instead, Henry Holt moved up the publication date to last Friday, and it quickly started selling out at bookstores in major cities. Harder sent the letter late on Wednesday, seeking to halt the book's publication or further excerpts.
Henry Holt and Wolff's private attorney, McNamara, wrote a response to a legal threat sent by Trump's private attorney, Charles Harder.
Harder has not yet responded to the decision to move forward with the book's publication.” />
Wolff was permitted extraordinary access to the Trump administration and campaign from May 2016 to this past October, and he conducted more than 200 interviews with President Trump, most members of his senior staff and with many people they in turn talked to. We have no reason to doubt — and you letter provides no reason to change the conclusion — that Mr. Wolff's book. McNamara wrote that "as President Trump knows, Mr. These interviews served as the basis for the reporting in Mr. Wolff's book is an accurate report on events of vital public importance."
McNamara of Davis Wright Tremaine, representing Wolff and Henry Holt & Co., said they would not halt publication of the book, issue any retraction or apologize for the book, which quickly became a best seller when it was released on Friday. Elizabeth A.
"Should you pursue litigation against Henry Holt or Mr. Wolff, we are quite confident that documents related to the contents of the book in the possession of President Trump, his family members, his businesses, his campaign, and his administration will prove particularly relevant to our defense," she wrote.
The legal team for author Michael Wolff and the publisher of "Fire and Fury: Inside the Trump White House" says that a cease and desist letter sent by President Donald Trump's attorney "appears to be designed to silence legitimate criticism."

"I left today’s Colts game because President Trump and I will not dignify any event that disrespects our soldiers, our Flag, or our National Anthem. At a time when so many Americans are inspiring our nation with their courage, resolve, and resilience, now, more than ever, we should rally around our Flag and everything that unites us. While everyone is entitled to their own opinions, I don’t think it’s too much to ask NFL players to respect the Flag and our National Anthem. I stand with President Trump, I stand with our soldiers, and I will always stand for our Flag and our National Anthem."
Since then, various teams have taken different actions during the national anthem, with some teams waiting it out in the locker room, others locking arms, and still more players continuing to take a knee.” />
“You will see change take place fast,” Trump tweeted. “Fire or suspend!” Trump further heightened his demands by calling for fans to boycott the NFL.
The White House issued a statement regarding Pence's departure from the game, which reads as follows:
I am proud of him and [Second Lady] Karen." President Trump chimed in on the matter via Twitter, writing "I asked [Vice President Pence] to leave stadium if any players kneeled, disrespecting our country.
Manning will become the first Indianapolis-era player in Colts history to have his number retired and will also be inducted into the team's Ring of Honor. The former Indiana governor flew to Lucas Oil Stadium so he could watch Peyton Manning's jersey retirement ceremony.

Pence also tweeted out the statement and followed it up with a picture of himself and his wife Karen standing with their hands over their hearts with the caption, "We were proud to stand — with all our Colts — for our soldiers, our flag, and our National Anthem."
He’s fired!’” The controversy — which has its origins with the then-San Francisco 49ers’ quarterback Colin Kaepernick sitting during the anthem in 2016 — was escalated three weeks ago when Trump told a rally in Alabama, “Wouldn’t you love to see one of these NFL owners, when somebody disrespects our flag, to say: ‘Get that son of a b— off the field right now, out. He’s fired. Pence's walkout throws fuel on the fire of the continuing controversy over NFL players kneeling during the national anthem.
Vice President Mike Pence walked out of a football game between the Indianapolis Colts and San Francisco 49ers on Sunday after roughly a dozen players from the 49ers took a knee during the national anthem.
The White House also sent out the photo of Pence standing in an email alert from the Office of the Vice President.