Barbara Walters, news pioneer and "The View" creator, dies
New York (AP): Barbara Walters, the intrepid interviewer, anchor and program host who blazed the way as the first woman to become a TV news superstar during a career remarkable for its duration and variety, has died.
She was 93.
ABC broke into its broadcast to announce Walters' death on air Friday night.
"She lived her life with no regrets. She was a trailblazer not only for female journalists, but for all women," her publicist Cindi Berger also said in a statement, adding Walters died peacefully at her New York home.
"Barbara was a true legend, a pioneer not just for women in journalism but for journalism itself," Iger said.
During nearly four decades at ABC, and before that at NBC, Walters' exclusive interviews with rulers, royalty and entertainers brought her celebrity status that ranked with theirs, while placing her at the forefront of the trend that made stars of TV reporters.
Late in her career, she gave infotainment a new twist with "The View," a live ABC weekday kaffee klatsch with an all-female panel for whom any topic was on the table and who welcomed guests ranging from world leaders to teen idols. With that side venture and unexpected hit, Walters considered "The View" the "dessert" of her career.
A statement from the show said Walters created "The View" in 1997 "to champion women's voices."
"We're proud to be part of her legacy," the statement said.
Walters made headlines in 1976 as the first female network news anchor, with an unprecedented
1 million salary that drew gasps. Her drive was legendary as she competed not just with rival networks, but with colleagues at her own network for each big "get" in a world jammed with more and more interviewers, including female journalists following in her trail.
"I never expected this!" Walters said in 2004, taking stock of her success.
But she was a natural on camera, especially when plying notables with searing questions.
In a voice that never lost its trace of her native Boston accent or its substitution of Ws-for-Rs, Walters lobbed blunt and sometimes giddy questions, often sugarcoated with a hushed, reverential delivery.
In May 2014, she taped her final episode of "The View" amid much ceremony to end a five-decade career in television.
However, her career had begun with no inklings of majesty.
Walters graduated from Sarah Lawrence College in 1943 and eventually landed a "temporary," behind-the-scenes assignment at "Today" in 1961. Shortly afterwards, what was seen as the token woman's slot among the staff's eight writers opened. Walters got the job and began to make occasional on-air appearances with offbeat stories.
As she appeared more frequently, she was spared the title of "Today' Girl" that had been attached to her predecessors. But she had to pay her dues, sometimes sprinting between interviews to do dog food commercials.
She had the first interview with Rose Kennedy after the assassination of her son, Robert, as well as with Princess Grace of Monaco and President Richard Nixon. She travelled to India with Jacqueline Kennedy, to China with Nixon and to Iran to cover the shah's gala party. But she faced a setback in 1971 with the arrival of a new host, Frank McGee, who insisted she wait for him to ask three questions before she could open her mouth during interviews with "powerful persons."
Sensing greater freedom and opportunities awaiting her outside the NBC studio, she hit the road to produce more exclusive interviews, including with Nixon chief of staff HR Haldeman.
By 1976, she had been granted the title of "Today" co-host and was earning
700,000 a year. But when ABC signed her to a
5 million, five-year contract, she was branded the "the million-dollar baby."
Reports failed to note her job duties would be split between the network's entertainment division and ABC News, then mired in third place. Meanwhile, Harry Reasoner, her seasoned "ABC Evening News" co-anchor, was said to resent her salary and celebrity orientation.
Later, ABC News president Roone Arledge moved her out of the co-anchor slot and into special projects. Meanwhile, she found success with her quarterly primetime interview specials. She became a frequent contributor to newsmagazine "20/20," and later co-host.
By 2004, when she stepped down from "20/20," she had logged more than 700 interviews, ranging from Ronald Reagan, Margaret Thatcher and Muammar Gaddafi, to Michael Jackson, Erik and Lyle Menendez and Elton John. Her two-hour talk with Monica Lewinsky in 1999, timed to the former White House intern's memoir about her affair with President Bill Clinton, drew more than 70 million viewers.
Her work also received high praise. She won a Peabody Award for her interview with Christopher Reeve shortly after the 1995 horseback-riding accident that left him paralysed.
Walters is survived by her daughter, Jacqueline Danforth.
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Sensex, Nifty extend gains for 3rd day on strong global cues, lower US inflation
Mumbai, Jan 16: Equity benchmark indices Sensex and Nifty rallied for the third session on the trot on Thursday, helped by a rally in global markets after lower-than-expected consumer inflation in the US ignited hopes of more rate cuts by the Federal Reserve.
Intense buying in Reliance Industries, ICICI Bank and HDFC Bank also boosted sentiments, traders said.
The 30-share BSE index climbed 318.74 points or 0.42 per cent to revisit 77,000 level at 77,042.82. During the day, it jumped 595.42 points or 0.77 per cent to 77,319.50.
On the similar lines, the NSE Nifty rallied 98.60 points or 0.42 per cent to 23,311.80.
As many as 2,778 stocks advanced, while 1,188 declined and 101 remained unchanged on the BSE.
Unabated foreign fund inflows, weakness in the rupee and elevated global crude prices continue to weigh on domestic equity markets, traders said.
"Benchmark indices continued to trade in the positive, albeit off highs, driven by positive investor sentiment following mild US inflation data, which raised hopes for a potential rate cut by the Federal Reserve.
"Additionally, favourable developments in the Israel-Hamas ceasefire and a reduced trade deficit further boosted the market's upward movement. However, weak economic growth data from the UK dampened some of this optimism," Vinod Nair, Head of Research, Geojit Financial Services, said.
From the 30-share blue-chip pack, Adani Ports, State Bank of India, Bajaj Finserv, Bharti Airtel, Tata Motors, IndusInd Bank, NTPC, Maruti, Reliance Industries and Axis Bank were the biggest gainers.
In contrast, HCL Tech, Nestle, Infosys, Hindustan Unilever, ITC and Tata Consultancy Services were among the laggards.
IT services major Infosys on Thursday reported an 11.46 per cent year-on-year increase in consolidated net profit to Rs 6,806 crore in the October-December quarter of FY25.
Shares of Infosys slipped 1.21 per cent to settle at Rs 1,926.20 apiece on the BSE.
Meanwhile, Adani group stocks rallied on Thursday after Hindenburg Research founder Nate Anderson announced that he would disband the firm, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies.
Shares of NDTV surged 9.15 per cent, Ambuja Cements jumped 3.88 per cent, Adani Green Energy rallied 3.35 per cent, Sanghi Industries climbed 3.34 per cent and Adani Power went up by 2.45 per cent on the BSE.
The stock of Adani Ports advanced 2.03 per cent, Adani Total Gas (1.78 per cent), Adani Enterprises (1.74 per cent), Adani Energy Solutions (1.54 per cent) and ACC (0.77 per cent).
Shares of Adani Wilmar, however, declined 1.19 per cent.
"Nifty has regained momentum, closing at 23,312, buoyed by demand and reclaiming the 23,300 mark, as Wall Street's strong performance helped bulls take charge. Risk-on sentiments were sparked by cooler-than-expected US CPI inflation data for December, easing concerns about rising inflation and boosting expectations that the Fed might continue its rate-cutting cycle throughout the year.
"This, coupled with a weaker US dollar (now at 109) and a drop in the 10-year US bond yield to 4.65 per cent, has further strengthened investor confidence," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.
The BSE smallcap gauge jumped 1.43 per cent while the midcap index climbed 0.92 per cent.
Among BSE sectoral indices, services jumped 1.93 per cent, industrials (1.73 per cent), metal (1.63 per cent), telecommunication (1.61 per cent), capital goods (1.56 per cent) and commodities (1.51 per cent).
IT, Consumer durables, teck and BSE-focused IT were the laggards.
"The Nifty continued its upward momentum for the third straight session, closing 98 points higher (0.42 per cent) at 23,311, driven by positive global sentiment. Asian markets tracked Wall Street's gains, responding favourably to US core inflation data that reinforced expectations of potential Federal Reserve rate cuts in 2025," Devarsh Vakil, Head of Prime Research, HDFC Securities, said.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the positive territory.
Equity markets in Europe were quoting higher. US markets rallied on Wednesday.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,533.49 crore on Wednesday, according to exchange data.
The rupee depreciated 16 paise to close at 86.56 (provisional) against the US dollar on Thursday.
Global oil benchmark Brent crude dipped 0.18 per cent to USD 81.88 a barrel.
In the previous session, the BSE benchmark rose 224.45 points or 0.29 per cent to settle at 76,724.08 on Wednesday. The Nifty advanced 37.15 points or 0.16 per cent to 23,213.20.
