at both parties and we ve got to ask why didn t they understand the importance of coming out and defending the latino community from these heinous insults. brian stelter, in terms of dollars and cents, do we even know how much with all these companies severing ties how much this means that his organization has lost? it s a loss probably more than tens of millions but in the hundreds of millions. the miss usa and miss universe organization together have been valued at $15 million and you add on top of this macy s they are not going to sell trump mattresses there s been various impacts to his bottom line. nothing massive but clearly embarrassing and damage to his reputation. univision today announced they are going to have an ipo and sell stock for the first time. it s going to be valued at many
huffington post. that s about women being raped, not about criminals coming across the border or entering the country. somebody is doing the raping don. you know somebody is doing it. women being raped, well, who is doing the raping? who is doing the raping? how can you say such a thing? part of the public backlash came from nbc and univision. it will air somewhere else. let me bring in brian stelter. stelter, you up first. we know that there has been this channel with the reelz channel who says they will air miss usa. this solves a problem that trump and univision have. the contestants were going to be
to declare chapter 9 bankruptcy. president obama is set to announce a major move that the white house says will boost salaries for millions of americans. he will announce changes to overtime rules to double the minimum salary to qualify for overtime pay. the threshold is $23,000 a year. that will rise to $50,000. if you earn less than $50,000, once that rule goes into effect you will get overtime if you work more than 40 hours a week. nbc universal is cutting tie was donald trump citing the derogatory statements during his campaign speech. here is what he said when he announced running for president. they re bringing drugs. they re bringing crime. they re rapist. some i assume are good people. the company will not air miss
no 0 longer air miss usa and miss universe pageants. when he spoke in chicago a little bit ago cited how he s been doing in polls specifically cnn polls. we ll have that conversation what exactly donald trump said to this crowd in chicago next hour. i want to get back to our breaking news. escaped cop killer david sweat shot wounded, back in custody after 23 days on the run. he is in this hospital in albany. sources telling cnn he is talking. he s cracked. a sample of what he s telling investigators. the original plan was for prison employee and seamstress joyce mitchell to pick him up and fellow fugitive richard matt. know where they were supposed to go? mexico. when she did not show up they had to improvise. i want to bring in our national correspondent deborah feyerick. it strikes me so much that it hasn t even ben 24 hours this guy has been in surgery in the hospital. he s talking so we re learning that he and matt split.
he s on celebrity apprentice. many were wondering if he s going to remain the host if he s running for president. now the network is going further. it s saying it s not going to air miss usa or miss universe any more the pageants that trump and nbc owns together. one is coming up in two weeks. nbc is not going to air that pageant all because of the comments trump made two weeks ago talking about mexican immigrants describing some of them as rapists and murderers. there was an outcry that began in the hispanic community and last week union i vision which was also going to broadcast miss usa said we re not broadcasting this pageant if he s part of it. univision backed out. now nbc is saying they are going to break up with trump, no longer be in business with him at all. we will talk a little bit more about donald trump next with hour.