Trump Claims NY Times Will Endorse Him For 2020

The Huffington Post reports:

President Donald Trump was hit with a fact-check on Sunday after declaring that The New York Times was “losing a fortune” and would soon be “out of business.” Trump tweeted that the Times ― his hometown’s paper of record and one of his favorite media targets ― had “zero credibility” and would fold “soon after I leave office.”

Minutes later, Peter Baker, the chief White House correspondent for the Times, tweeted a fact check. Earlier this month, the Times reported a 5.2% increase in total revenue to $436.3 million in the second quarter of 2019 compared to the same period in 2018.

The company also reported a $37.9 million operating profit in Q2 of this year ― a dip from the same period the year before, which the company attributed to investment in growing their subscription business.