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Explainer-How will Trump pay his $355 million civil fraud judgment?

Donald Trump's $355 million civil fraud judgment could squeeze the former U.S. president's cash reserves in the coming months and sharply limit his ability to obtain credit. Here is an explanation for how the Friday order by a New York state judge could affect Trump's finances as he seeks the Republican nomination to challenge Democratic President Joe Biden in the Nov. 5 U.S. election. Justice Arthur Engoron found that Trump fraudulently inflated his net worth to obtain better loa...
New York United States White House District Of Columbia Daniel Wallis Letitia James
Source: aol.com

U.S. regulators clear Trump's media firm deal with Digital World

The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion. The valuation is about half that of Elon Musk's much more popular social media company X and follows two years of setbacks in the Trump company's quest to complete a stock market listing. It underscores how some investors, many of the...
United States Fulton County Jail New York Elon Musk Sruthi Shankar Donald Trump
Source: aol.com

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U.S. regulators clear Trump's media firm deal with Digital World

The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion. The valuation is about half that of Elon Musk's much more popular social media company X and follows two years of setbacks in the Trump company's quest to complete a stock market listing. It underscores how some investors, many of t...
New York United States Fulton County Jail Daniel Wallis Sriraj Kalluvila Donald Trump
Source: yahoo.com

US judge sets October 2026 trial for FTC antitrust suit against Amazon

WASHINGTON (Reuters) -A U.S. federal judge on Tuesday set an October 2026 trial date for a Federal Trade Commission antitrust lawsuit against Amazon.com. The consumer protection agency filed the long-awaited antitrust lawsuit against Amazon on Sept. 26, accusing the online retailer of operating an illegal monopoly, in part by fighting efforts by sellers on its online marketplace to offer products more cheaply on other platforms. Amazon and the FTC did not comment.
United States Leslie Adler Daniel Wallis David Shepardson John Chun David Gregorio
Source: yahoo.com

US must support Ukraine, stop Russia threatening other countries, Yellen says

DETROIT (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said it was "critically important" the United States fulfill its promises to support Ukraine, warning that failing to do so would embolden Russian leader Vladimir Putin to attack other countries. Yellen, speaking to reporters during a visit to Detroit to tout the Biden administration's economic gains, blasted former President Donald Trump's comment over the weekend calling into question U.S. willingness to s...
United States South Carolina Leslie Adler Andrea Shalal Daniel Wallis Donald Trump
Source: aol.com

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