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The White House announced late Thursday that it has stopped key subsidy payments to insurers selling Obamacare coverage. The subsidies, which help reduce costs for low-income customers, are worth roughly $7B this year and $10B in 2018.
Amazon entertainment studio chief Roy Price has been suspended after being accused of sexual harassment. The alleged incident involved the studio head and Isa Hackett, an executive producer for “The Man in the High Castle.”
Samsung Electronics Vice Chairman and CEO Oh-Hyun Kwon will step down in March 2018. His announcement comes on the same day Samsung forecasted record third quarter profits of $12.81B.
As we are confronted with unprecedented crisis inside out, I believe that time has now come for the company [sic] start anew.
--Oh-Hyun Kwon, Samsung CEO, in a letter to employees on his upcoming resignation
Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo