CNN Founder Ted Turner Dies at 87, Mamdani's Luxury Property Tax, and Huge Yosemite Crowds
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CNN founder Ted Turner has died at 87. Turner revolutionized television in 1980 by launching CNN, the first 24-hour news channel, creating an "always on" cycle that defines media today. He went on to build a cable empire, including with TBS, TNT, Cartoon Network, and Turner Classic Movies.
Meanwhile, New York City Mayor Zohran Mamdani is proposing a pied-à-terre tax on luxury properties over $5 million for owners who don't live in the city full-time. He says it will raise at least $500 million for free child care and other social services. Billionaire Ken Griffin, whose $238 million Central Park penthouse was featured in Mamdani's video on Tax Day, has fired back, calling the tax discriminatory and saying he'll create more jobs and build out his offices in Miami.
And if your summer bucket list includes a trip to Yosemite, you might find yourself stuck in hours of traffic instead of taking in the views. The park is seeing its largest crowds in a decade, with more than half a million people visiting so far this year, after the Trump administration slashed the National Park System's staff by 25% in February and ended the reservation system entirely.
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