Good Morning. It’s Wednesday, 15 March 2017, and this is the Morning Edition of The Nightshift, the world’s overnight news feed.
The big spring blizzard, Winter Storm Stella, was not quite as bad as projected but it still did plenty of damage, with up to three feet of snow dropped in some places. There were multiple deaths (most from car accidents) and flooding along the coast. It could have been much worse.
The NCAA men’s basketball tournament–March Madness–starts today in earnest. Yesterday, Mt. St. Mary’s, Kansas State, UC Davis and USC all played their way into the tournament. The Madness starts Thursday with a full slate of games across all time zones; games will continue through the weekend. Enjoy the Madness and don’t forget to come up for fresh air, food, and water. See you in a couple of weeks.
NBC’s Rachel Maddow displayed Donald Trump’s tax return for 2005, which was obtained by a journalist who “received it via the mail”. In a somewhat disappointing reveal, the return was only the first two pages, was 12 years old, and did not have any of the supporting backup schedules that would detail how Trump earned and burned his money. There are some who believe that Trump or Trump associates actually leaked the return themselves to divert attention from other matters (wiretapping, Russian interference with the election, DOA Trumpcare)–after all, the return did have “client copy” stamped on it. Still, the Holy Grail of investigative journalism–a full, complete, and current tax return for the only President since Nixon to not reveal his tax returns–is missing.
The Dutch elections are being closely watched across Europe and the world is watching to see if Holland is going to go to the far right. It could happen and, if it does, set off a European trend. Are France and Italy next?
Trumpcare is not receiving a warm reception in Congress with critics saying it’s too expensive, not very effective, and excludes entire groups of people who previously had coverage. Not a good first step for the new administration. Maybe the second pass will be better.
In business, Bill Ackman, head of the Pershing Square Capital Management hedge fund, finally called it quits on a huge investment in the drug company Valeant after several years of riding it to the bottom. How far down did Valeant go? Pershing Square originally bought in at $196.72 and sold all of its stake on Monday for $11/share. The fund lost $4 billion in two years on the stock. To win big, sometimes you have to risk big but…..there is always a time to walk away from the table. That time was probably three billion dollars ago.
Catch up on the news in the rest of the world by reading the front pages of the World’s Greatest newspapers.
The International Headlines are all at your fingertips:
The Times (London
Financial Times (UK)
The Irish Times (Dublin, Ireland)
The Wall Street Journal (European edition)
Washington Post (Washington, D.C.)
New York Times (New York)
The Los Angeles Times (Los Angeles)
Daily News Egypt (Cairo)
South China Morning Post (Hong Kong)
The Moscow Times (Moscow)
Le Figaro (Paris)
The Jerusalem Post (Jerusalem)
The Japanese Times (Tokyo)
The Buenas Aires Herald (Buenas Aires)
The Sidney Morning Herald (Sidney)
Deadline Hollywood (Hollywood)
FiveThirtyEight (New York City)
The Fine Print: Embed courtesy of our friends at Getty Images, who have the photographic history of the 20th and 21st century on file. They remain the internet’s go-to source for photos. This visual has not been altered in any way. We thank them for sharing. The Nightshift is a production of Perception Engineering and The Media Bunker. This post is number 1021 for this site. The teams that won play-in games for the NCAA tournament were initially incorrectly listed; that editorial oversight has been corrected. Thanks for reading. Now–catch up on the world.