January 4th, 2013
08:20 PM ET

Sen. Cornyn threatens partial government shutdown

A top Republican threatens the possibility of a partial government shut down if spending cuts are not involved in negotiations over the debt ceiling.

Sen. John Cornyn wrote in an op-ed today:  “It may be necessary to partially shut down the government in order to secure the long-term fiscal well-being of our country, rather than plod along the path of Greece, Italy and Spain."

Cornyn wrote adding the, "President Obama needs to take note of this reality and put forward a plan to avoid it immediately."

OutFront tonight:  Doug Holtz-Eakin – former Director of the Congressional Budget Office. Robert Reich – Former U.S. Labor Secretary and Author of "Beyond Outrage: What has gone wrong with our economy and our democracy, and how to fix it."

Filed under: News • Politics
January 4th, 2013
04:34 PM ET

'McDreamy' wins bid for Tully's coffee. "It's a beloved brand and it felt right," says Patrick Dempsey

Actor Patrick Dempsey, Dr. McDreamy on Grey's Anatomy says he's now the proud owner of a small Seattle-based coffee chain, Tully's Coffee.
The actor's investment group Global Baristas bid $9.15 million to beat out coffee giant Starbucks.

But, the industry leader with the green mermaid logo says not so fast.

Starbucks tells OutFront, along with another company, it offered $10.6 million, and the final verdict won't be made until a court hearing on January 11.

Tully's filed for bankruptcy protection in October 2012 and closed 19 locations. The coffee company operates 47 company-owned stores in Washington and California, and owns franchises in the United States and Asia.

So who's the new owner of Tully's coffee?

OutFront tonight: Dr. McDreamy himself, Patrick Dempsey joins Erin Burnett at 7p ET on CNN.

Filed under: Business • News
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