President Donald Trump continued his rebuttal of the "failing" The New York Times on Sunday morning via Twitter, calling it "fake news" and suggesting it needs to be run by new leadership.
The leading shareholder of The Times, a publicly traded company, is Mexican billionaire Carlos Slim, who called Friday for a united Mexico and offered to help their government negotiate with President Trump, whom Slim called a "great negotiator."
Slim's fortune reportedly sank by $5 billion after Trump's election, according to Forbes. Trump has claimed Slim was working with the Times to smear him in the election against Hillary Clinton. Trump and Slim dined in New York this December during the presidential transition.
Trump's Sunday morning tweet followed a tweetstorm Saturday aimed at the newspaper and The Washington Post, another one of his oft-targeted adversaries.
President Trump has continually attacked the media for unfavorable – if not factually incorrect, or politically motivated – reports, including telling a CNN reporter during a White House briefing "You are fake news."
Fake news is a reference to reports of political propaganda stories on social media, which were blamed for stirring up the middle-America votes in the defeat of Mrs. Clinton in last fall's election.
Sunday morning's The New York Times editorial section's leading headlines online were "Trump’s Muslim Ban Is Cowardly and Dangerous" were written by "The Editorial Board."
The Times finished at $13.35 at the close of business Friday on the New York Stock Exchange, up 0.38 percent.
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