Ozy shutting down after questions about the media company's claims
CBSN
Ozy is shutting down less than a week after a New York Times column raised questions about the media company's claims of having millions of viewers and readers, while also pointing out a potential case of securities fraud.
The story triggered canceled shows, an internal investigation, investor concern and high-level departures at the company. Ozy, which launched in 2013, had touted its ability to "being ahead of the curve" and "never [telling] a story that another national or international publication has already covered."
An emailed statement Friday from Ozy Media's board called it a company with many "world-class journalists and experienced professionals to whom we owe tremendous gratitude." It said it was "with the heaviest of hearts that we must announce today that we are closing Ozy's doors."
President Joe Biden said France was America's "first friend" at its founding and is one of its closest allies more than two centuries later as he was honored with a state visit Saturday by French President Emmanuel Macron aimed at showing off their partnership on global security issues and easing past trade tensions.
The Consumer Federal Protection Bureau last week launched an inquiry into what the agency is calling "junk fees in mortgage closing costs." These additional fees, involving home appraisal, title insurance and other services, have spiked in recent years and can add thousands of dollars to the final cost of buying a home.
Retired Maj. Gen. William Anders, the former Apollo 8 astronaut who took the iconic "Earthrise" photo showing the planet as a shadowed blue marble from space in 1968, was killed Friday when the plane he was piloting alone plummeted into the waters off the San Juan Islands in Washington state. He was 90.