Tag Archives: Business

Yellow cabs and apartment houses: FBI is taking a broad look at Michael Cohen's business

Yellow cabs and apartment houses: FBI is taking a broad look at Michael Cohen's businessAgents who raided the office and home of President Trump’s lawyer Michael Cohen weren’t only interested in hush-money payoffs to women, but were also investigating a broad range of his business dealings, including a taxi empire, New York City real estate and an aborted project to build a Trump Tower in Moscow.



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White House Probes Kushner Business Loans After Ethics Questions

White House Probes Kushner Business Loans After Ethics QuestionsThe White House is investigating whether loans made to the Kushner family real



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Senator Says Jared Kushner Must Go If He Shaped Foreign Policy To Aid Family Business

Senator Says Jared Kushner Must Go If He Shaped Foreign Policy To Aid Family BusinessSen. Chris Murphy (D-Conn.) said Sunday “if it’s true” that White House senior adviser Jared Kushner swayed U.S. foreign policy against Qatar for personal financial reasons, he “has to go.”



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Senator Says Jared Kushner Must Go If He Shaped Foreign Policy To Aid Family Business

Senator Says Jared Kushner Must Go If He Shaped Foreign Policy To Aid Family BusinessSen. Chris Murphy (D-Conn.) said Sunday “if it’s true” that White House senior adviser Jared Kushner swayed U.S. foreign policy against Qatar for personal financial reasons, he “has to go.”



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Mueller asking if Kushner's business interests influenced Trump foreign policy

Mueller asking if Kushner's business interests influenced Trump foreign policySpecial Counsel Robert Mueller's team has asked witnesses about Kushner's efforts to secure financing for his family's real estate properties in an effort to determine if they later influenced Trump's foreign policy.



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Loans to Kushner business followed meetings at White House: NYT

Loans to Kushner business followed meetings at White House: NYTJesse Drucker, business and taxes reporter for The New York Times, talks with Rachel Maddow about new reporting that companies loaned hundreds of millions of dollars to the Kushner family business after meeting with Kushner at the White House.



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Lisa Marie Presley sues business manager after her $100m Elvis inheritance reduced to $14,000

Lisa Marie Presley sues business manager after her $  100m Elvis inheritance reduced to $  14,000Lisa Marie Presley is suing her former business manager for the loss of almost all her $ 100 million inheritance – accusing him of “reckless and negligent mismanagement” and claiming she has only $ 14,000 left. The only child of Elvis and Priscilla Presley, she inherited his entire estate on her 25th birthday, in 1993. Elvis’s fortune had dwindled to only a few million dollars at the time of his death in 1977, but the power of the Presley brand – including the tourist attraction Graceland – meant assets were built back up into the $ 100m trust. Yet 25 years later Presley, now 50 and a singer in her own right, claims she has been left with almost nothing thanks to the actions of Barry Siegel. She accused him, in a law suit filed in Los Angeles this week, of dissipating her wealth “through his reckless and negligent mismanagement and self serving-ambition”. She also claimed Mr Siegel’s “hopes of attaining his own celebrity in the entertainment industry” led him to place her assets in “risky ventures.” Elvis, outside his Memphis home, Graceland In the documents, Presley claimed Mr Siegel sold 85 per cent of her interest in Elvis Presley Enterprises. He then allegedly began liquidating Presley’s assets in order to supplement her trust’s income. Presley also claimed Mr Siegel’s business decisions left her with $ 500,000 in credit card debt. However, Mr Siegel and his company, Providence Financial Management, filed their own lawsuit in response to Presley’s claims, alleging her out-of-control spending led to her financial predicament, and counter-suing for $ 800,000 in damages. Leon Gladstone, a lawyer for Mr Siegel, said he had sued Presley first for non-payment. “It’s clear Lisa Marie is going through a difficult time in her life and looking to blame others instead of taking responsibility for her actions,” Mr Gladstone said. And the chapter is just the latest legal wrangling for Presley, who still lives in Memphis. She is currently battling her fourth ex-husband, father of her nine-year-old twins Michael Lockwood, in the divorce courts and claiming she is $ 16 million in debt – although Lockwood disputes that, saying “she has not disclosed her assets or their values”. She was previously married briefly to Michael Jackson and Nicholas Cage, and for nine years to musician Danny Keough, with who she has two children – a son, Benjamin, and a model daughter, Riley.



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Trump's meeting with Kazakhstan president raises questions about human rights and business ties

Trump's meeting with Kazakhstan president raises questions about human rights and business tiesPresident Trump proclaimed Tuesday “Religious Freedom Day,” but he spent the afternoon meeting with an authoritarian who has been accused of conducting a brutal campaign of repression against religious minorities and political opponents in his country.



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Senate Committee Rejects Trump Nominee After Intense Opposition From Big Business

Senate Committee Rejects Trump Nominee After Intense Opposition From Big BusinessWASHINGTON ― The Senate banking committee rejected President Donald Trump’s choice to lead the Export-Import Bank on Tuesday, voting 10-13 against advancing his nomination to the full Senate.



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Russell Simmons Steps Down From Business Empire Following New Sexual Assault Allegation: Report

Russell Simmons Steps Down From Business Empire Following New Sexual Assault Allegation: ReportFacing a new sexual assault allegation, entrepreneur and producer Russell Simmons announced Thursday that he is stepping down from the Def Jam empire he helped found



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