Tag: Business

Trump Can Take Money From His Businesses Without Disclosing It

Donald Trump is reportedly now able to pocket as much money as he wants from any of his businesses while serving as president—and is not required to disclose it. According to ProPublica, documents outlining the trust in which Trump placed his businesses in January have been changed to make that possible. Trump’s trust can “distribute…

10+ Dead In Explosion On St. Petersburg Subway

At least 10 people are dead after an explosion rocked at least one underground subway station in St. Petersburg, Russia, on Monday, multiple outlets reported. Reuters reports the blast occurred on two train cars that were moving between the Sennaya Ploshchad and the Tekhnologicheskiy Institut stations, citing government sources. All outlets are reporting that high…

Judge Approves $25-Million Agreement To Settle Trump University Lawsuit

A judge on Friday approved an agreement reached with President Trump to pay $25 million to settle three lawsuits filed against him over Trump University real estate seminars, US District Judge Gonzalo Curiel in San Diego had been expected to sign off on the agreement, which was reached last year, ending nearly seven years of…

13 Die In Texas Church Bus Crash [VIDEO]

The death toll in a Texas bus crash rose to 13 late Wednesday after one of the injured passengers died at a hospital. The midday crash occurred when a bus carrying a church choir group from the city of New Braunfels collided head-on with a pickup truck outside Garner State Park, some 90 miles west…

Manafort’s Cyprus Linked Accounts Raised Red Flags

Financial accounts in Cyprus linked to Paul Manafort, President Trump’s former campaign chairman, were probed for possible money-laundering, NBC News reported. The Mediterranean island nation has been a well-known hub for transferring money in and out of Russia. Manafort’s past is under intense scrutiny, in part, over his ties to a Russian oligarch who has…

GOP Votes To Repeal Internet Privacy Rules

House Republicans voted Tuesday to repeal a set of privacy protections for Internet users that was enacted under the Obama administration. In a 215-205 vote, the measure now heads to the White House where President Trump is expected to sign it. It’s a move that will allow Internet providers to collect and sell customers’ browsing…

Britain Formally Triggers Brexit

A letter signed by Prime Minister Theresa May has been delivered to European Council President Donald Tusk, formally triggering Britain’s exit from the European Union. The letter was handed over by Tim Barrow, Britain’s permanent representative to the EU. By invoking Article 50 of the Lisbon Treaty, Britain now has two years to negotiate an…

Russian Bank: We Met With Kushner

A controversial Russian bank disclosed Monday that its executives met with Jared Kushner, President Trump’s son-in-law, in December. The meeting, just weeks before the inauguration, holds significance because the Russian state development bank Vnesheconombank has been under Western economic sanctions after Russia’s invasion of Crimea and forays into Ukraine. Kushner, 36, is now a top…

Nunes Calls Off All House Intel Meetings This Week

During escalating tensions for House Intelligence Committee Chairman Devin Nunes (R-CA) to recuse himself from investigations of Trump team contacts with Russian officials on Tuesday morning, Nunes reportedly canceled all upcoming full committee meetings. Multiple outlets reported the move, based on sources, the morning of a public hearing set for Tuesday, which Nunes had previously…

Senate To Question Kushner Over Russia Meetings

Senate investigators have notified the White House Counsel’s Office of their intention to question Jared Kushner, President Trump’s son-in-law, as part of their probe into ties between the Russian government and Trump associates, The New York Times reports. Citing “administration and congressional officials,” the paper reported this morning that the Senate Intelligence Committee, which is…

Nunes: Manafort Will Testify to Intel Committee

A lawyer for Paul Manafort, the former Trump campaign chairman, reached out to the House Intelligence Committee to volunteer his testimony before the panel, Rep. Devin Nunes (R-CA) said during a Friday press conference. Manafort has offered to be “voluntarily interviewed” by the committee, but whether it will happen in either open or closed session…

Trump Ultimatum To GOP: Pass Health Care or Else

President Trump has urged a vote on the American Health Care Act on Friday after the vote was postponed Thursday due to a lack of sufficient support to pass it. According to The Washington Post, Trump delivered an ultimatum: Pass the bill or he will move on from the repeal-and-replace cause. House Speaker Paul Ryan…

Trump Issues Permit For Keystone XL Pipeline

The Trump administration on Friday issued a permit for the controversial Keystone XL pipeline to be built, effectively reversing the previous White House’s decision to reject the plans two years ago. According to the Associated Press, the U.S. State Department, in reviewing the project plans, decided the pipeline would be in “the national interest,” despite…

GOP Struggles To Secure Votes On Health Bill

Republicans say they still plan to put the American Health Care Act up for a vote on Thursday, even as the White House and House Republican leaders continue to work to whip up enough votes to ensure passage. Late Wednesday, the White House and the conservative House Freedom Caucus reportedly reached a deal to strike…

Manafort Worked For Russian Billionaire To ‘Benefit Putin Government’

Paul Manafort, President Trump’s former campaign chairman, secretly worked for a Russian billionaire to “greatly benefit the Putin government,” according to documents obtained by the Associated Press. The new report directly contradicts the Trump administration and Manafort, who have both alleged that the former campaign operative never worked on behalf of Russian interests. In his…

Ivanka Trump to Move Into White House Office

Ivanka Trump will begin working from a White House office, despite previously stating that she would not take a formal role in her father’s administration, Politico reports. Trump’s new West Wing office will be located on the second floor, next to that of senior adviser Dina Powell. Trump’s new unofficial position will come with a…

U.S. Limits Devices on Planes From 8 Muslim-Majority Nations

Starting Tuesday morning, electronic devices larger than a smartphone are forbidden from passenger cabins on foreign airlines’ nonstop flights to the U.S. from 10 airports in eight Muslim-majority countries across the Middle East and Africa. The new Trump administration policy, which took effect at 3 a.m. ET, means passengers traveling from those areas must check…

Theresa May Will Trigger Article 50 On 29 March for BREXIT

Theresa May will trigger article 50 on Wednesday 29 March, the prime ministers spokesman has confirmed. The UKs permanent representative to the European Union, Sir Tim Barrow, notified the EU on Monday morning that a letter should be expected on that date. May, who was visiting Swansea on Monday, intended to visit Northern Ireland and…

Trump’s First Budget Seeks Deep Cuts To Everything But Military, Border

President Trump unveiled his 2018 budget proposal Thursday, providing the clearest view yet of the policies he wants to use to deliver on his campaign promises. The plan includes a $54 billion increase in defense spending and a substantial bump for border security, while calling for deep cuts to most federal agencies, including roughly 30…

‘Never Trump’ GOPers Wants Committee To Investigate Russia And Trump

Democrats in Congress have long argued that the ongoing intelligence committee investigations into Russia’s interference in the presidential election and the Trump campaign’s ties to the Kremlin are unlikely to get to the bottom of the issue. Now a group of “Never Trump” Republicans are planning to pressure GOP leaders to establish a bipartisan select…

Flights, School Canceled As Winter Storm Hits Northeast

Airlines canceled thousands of flights on Monday as the Northeast braced for a fast-moving winter storm expected to hit parts of Pennsylvania, New Jersey, New York, and Connecticut with up to two feet of snow by early Wednesday. The storm, Stella, began hitting the East Coast from Washington, D.C., to New York with ice and…

Spicer: Trump To Donate Salary At End Of Year

President Donald Trump will allegedly donate his presidential salary to an undetermined charity at the end of the year, White House Press Secretary Sean Spicer told reporters during a Monday press briefing. In November, Trump promised to forgo the $400,000 salary, telling 60 Minutes that “I’m not going to the take the salary.” However, federal…

The CBO Estimates GOP Health Plan Would Leave 24 Million

The nonpartisan Congressional Budget Office on Monday released its cost estimate for the American Health Care Act, the Republican proposal to replace ObamaCare. The CBO’s report says that the GOP plan would reduce the federal deficit by $337 billion by 2026, with the most savings coming from “reductions in outlays for Medicaid and from the…

Report: FBI Probes Trump Organization, Russian Bank Ties

The FBI’s counterintelligence team is still looking into the potential ties between a Russian bank and the Trump Organization—despite a wide public dismissal of the possible connection several months ago, CNN reports. The same team that is looking into Russian interference in the 2016 election is conducting the inquiry on the Trump company and an…

South Korean Court Removes President From Office

South Korea’s Constitutional Court on Friday permanently removed President Park Geun-hye from office, upholding a vote by lawmakers to impeach her over a corruption scandal. The unanimous ruling came after months of protests and capped a stunning fall for the country’s first woman president. Two people died and about 30 were injured in clashes between…

Obama Policies Created 235,000 Jobs Last Month

Nonfarm employers added a seasonally adjusted 235,000 jobs in February, above economists’ expectations for a 197,000 gain. Employers added a revised 238,000 in January for the best back-to-back performance since June and July 2016. One area of strength those two months: construction jobs. Over the past three months, total job growth has averaged 209,000. That…

Scott Pruitt: Carbon Dioxide Not A ‘Primary Contributor’ To Global Warming

Environmental Protection Agency Administrator Scott Pruitt said told CNBC on Thursday that carbon dioxide is not a “primary contributor” to global warming, calling for more debate and analysis on the issue. “I think that measuring with precision human activity on the climate is something very challenging to do and there’s tremendous disagreement about the degree…

Statue of Liberty Goes Dark on Eve of Women’s Protest

The Statue of Liberty experienced an “unplanned outage” late Tuesday night, leaving only the flame and crown lit just hours before the nationwide “A Day Without Women” protest. The blackout began around 10 p.m. ET. National Park Service spokesman Jerry Willis attributed the blackout to a project for a new emergency backup generator as part…

White House Statement Plagiarizes ExxonMobil

A White House press release on a new ExxonMobil expansion appears to have lifted an entire paragraph from ExxonMobil’s press release on the expansion, The Washington Post reports. The two passages are identical, with the exception of the words “United States,” which appear in full in the White House statement and abbreviated in ExxonMobil’s release.…

Chaffetz: Americans May Need To Choose Healthcare Over New iPhones

GOPer Rep. Jason Chaffetz said to CNN on Tuesday that some Americans regarding to their healthcare choice may come down to buying a new iPhone or paying for medical coverage. “You know what, Americans have choices. And they’ve got to make a choice,” said Chaffet. “And so maybe, rather than getting that new iPhone that…