First of all, imagine for a moment someone tells you that theyre giving you a gift worth 237 million. I mean, thats enough money to make you want to shout. Write this, start making plans, telling everybody you know but then you find out that the actual value of that gift could be zero well, thats what happened this week on an historically black college, black University Campus in tallahassee, florida this would have been the largest donation ever to an hbcu and we know how these schools have been so underfunded, right . This one has had some very public financial challenges, especially but to understand this massive collapse, lets go back one week, to may 4 thats the de of florida a m universitys Commencement Gregory Two Rami is introduced as the ceo of better sun farms corporation. He gave a speech that ended with the Surprise Announcement along with a huge ceremonial check hundred and 37 million and bad away the money is in the bank all the cheering there. Did you hear the background
Isjust not falling £300 billion in one single year. It is just not falling quite as fast as everyone had hoped, really. A lot of thatis everyone had hoped, really. A lot of that is due to the governments high interest Debt Payments which is not going to go away. I think in general this kind of dampens a bit of the chatter we have heard over the weekend about the chancellor hoping to cut taxes again in a fiscal event before the next election. That to cut taxes again in a fiscal event before the next election. Before the next election. That is the challenge before the next election. That is the challenge because before the next election. That is the challenge because the the challenge because the government, there was a they are raising taxes to fix Public Services or give the electorate some kind of gift before an election and that is when politics strays into economics and its not necessarily about what is better for the economy but what might win them some votes. Thats ri. Ht and mig
Investors to rethink how they value the company and shares have lost more than 40 of their value so far this year so we can now get the latest with eric delmore in new york erin. There is a big question about whether tesla is a car company or a tech company . Or a tech company . Exactly, it is the reversal or a tech company . Exactly, it is the reversal from or a tech company . Exactly, it is the reversal from what or a tech company . Exactly, it is the reversal from what we or a tech company . Exactly, it is the reversal from what we used l or a tech company . Exactly, it is. The reversal from what we used to see from tesla because the questions used to circle around whether they could make enough cars to meet demand but now the question is more like, are there enough people who want to buy them . It has been a tough yearfor them want to buy them . It has been a tough year for them with shares down more than 40 and this reflects what the company has had to weather, competition from ch
and this is america s late news, fox news @ night . breaking tonight, the city of san francisco flu the appeal to have been flagged for 60 years, calling it a tribute to america. the wife of supreme court justice flu there s a very same flag and it was called a symbol of hate. commonsense has thoughts on that. meantime president biden now on day four 471. not a number of days in office, it s the number of joe biden s vacation days as he heads back to the beach but not before slamming donald trump s response to his guilty verdict. it s reckless, it s dangerous, irresponsible for anyone to say this was rigged just because they don t like the verdict. trace: brand-new tonight, peter do see following up on that. when trump says you are trying to bruise him, what do you say? politically he thinks you are pulling the strings behind the scenes doing all this to help yourself. i did not know i was that powerful. trace: meantime the trump campaign that raised almost $34
and this is america s late news, fox news @ night . breaking tonight, brand-new video of a california retail store manager fighting back against a shoplifter and wait until you hear the accused shoplifter start saying the manager is the one breaking the law. that manager who was not about to give in is live onset with us in minutes. and president biden s border crisis now overwhelming our nation s schools, costing taxpayers a bunch of money, costing our kids their education. plus this. i feel very confident that this is going to be a hard-fought race but when the chips are down the american people will show up just like those kids did 80 years ago. trace: democrats now comparing voting for joe biden to storming the beaches of normandy. but we begin with the alleged threat to democracy and the senior national correspondent kevin corke live in dc with more on that. good evening. reporter: good evening trace. former fbi deputy director says the intelligence community is w