CNN Founder Ted Turner Dies at 87, Mamdani's Luxury Property Tax, and Huge Yosemite Crowds

Headlines From The Times · May 7, 2026 · 5m

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…