Tag Archives: Trump

A forthcoming book chronicling a turbulent 18-month snapshot of American politics will claim some new details surrounding one of the higher-profile rejections that former President Donald Trump experienced during his time in office: the refusal of the Presidential Medal of Freedom by New England Patriots coach Bill Belichick. In the book “This Will Not Pass: Trump, Biden, and the Battle for America’s Future,” New York Times reporters Jonathan Martin and Alexander Burns share an April 2021… Source link

(Bloomberg) — Peter Thiel, the tech investor and conservative provocateur who has advised Mark Zuckerberg for nearly two decades at Facebook parent Meta Platforms Inc., will step down from the company’s board after Meta’s annual shareholder meeting in May. Most Read from Bloomberg Thiel, 54, who became a director in 2005 after an early investment in Facebook, plans to increase his political support of former President Donald Trump’s agenda during the 2022 election and doesn’t want his… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 8, 2021 Blank-check companies have matured, but still look like the ‘Wild West’ It’s been a rough week for special purpose acquisition companies, the funding vehicles better known as a SPAC. Once upon a time referred to as “blank-check” companies, SPACs are firms that go public with the express purpose of raising capital to… Source link

The blank check company that announced a planned merger to take former President Trump’s social media project public has seen shares give back about half of their impressive 1200% rally from last week. Shares of Digital World Acquisition Corp. (DWAC) at Tuesday’s close were down by about 57% from Friday’s peak as investors weighed potential risks that exist beyond believing the company will be able to deliver on building out Trump’s social media platform as promised. Beyond that, there’s the… Source link

By Krystal Hu and Anirban Sen (Reuters) – Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from Austin, Texas, is a Republican who refused to vote for the former U.S. president in last year’s election. Last week he joined the millions of online day traders who drove up the value of the company that will house Trump’s new social media venture to almost $12 billion…. Source link

By Dhirendra Tripathi Investing.com – Phunware stock (NASDAQ:PHUN) was defying all conventions Friday as it rose 1,468% on speculation that the company is being tapped to build former U.S. President Donald Trump’s proposed social media platform. Trading in the stock was halted later. It jumped 1,000% after it resumed. The stock touched a high of $24.04 during the session. It had closed at $1.53 Thursday. More than 197 million shares of the company changed hands on Nasdaq in less than an hour… Source link

By Anirban Sen and Jessica DiNapoli (Reuters) -A merger with former U.S. President Donald Trump’s new social media venture has delivered a potential windfall of $420 million for a former finance executive who has been trying for a decade to reinvent himself as a serial dealmaker. Benessere Capital CEO Patrick Orlando’s stake in Digital World Acquisition Corp, the Miami-based blank-check acquisition firm he is leading, was worth $423 million on Thursday after his deal to merge with Trump Media… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, October 6, 2021 It’s true: We are ‘in trouble no matter what’ We’ve now entered the phase of the (perpetually) tortured debate over the debt ceiling that invokes apocalyptic economic imagery, namely “recession” and “default.” With just under two weeks to go before the pivotal Oct. 18 deadline, Treasury Secretary Janet Yellen… Source link

Is President Biden a socialist? Do socialists control him? Republicans will try to convince voters the answer to both questions is yes, according to Biden’s political archenemy. In a recent interview with Yahoo Finance, former President Donald Trump hinted at the script Republicans will use against Biden and his fellow Democrats in the 2022 midterm elections. When voters elected Biden president last year, it “was not a mandate to change the norms of our society,” Trump said. “This was not… Source link

Donald J. Trump joined Yahoo Finance’s Adam Shapiro for a wide ranging conversation covering topics such as the U.S. economy, COVID-19 vaccines, cryptocurrencies, and his thinking on a third run for the presidency in 2024. Below is a complete transcript of the conversation from October 1. ADAM SHAPIRO, anchor and correspondent: Donald Trump was elected November 8th, 2016 to become the 45th President of the United States. During his administration, there was historic law passed, the Tax Cuts… Source link