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President Donald Trump plans to pardon or commute the sentences of 100 people on his last day in the White House, CNN reported. Some allies believes Trump expects to benefit from many of those pardons and commutations after the presidency, CNN reported, citing a source: "He likes doing favors for people he thinks will owe him." The list of pardons and commutations could include Dr. Salomon Melgen, an eye doctor convicted for healthcare fraud, and the rapper Lil Wayne. President Donald Trump plans to pardon or commute as many as 100 people on his final full day in office, CNN reported. And he likes doing favors for people he thinks will owe him," a source told CNN.
Persons: Donald Trump, Jared Kushner, Ivanka Trump, Trump, commutations, Salomon Melgen, Lil Wayne, pardoning, Joe Biden's, Mike Pence, Anna Moneymaker, Joe, Jacob Anthony Chansley, Rudy Giuliani, Giuliani, Read, Dr, White, Mark Meadows, Stephen Miller, John McEntee, Dan Scavino, Roger Stone, Johnny Lewis, Paul Manafort, Jared Kushner's, Charles Organizations: House, CNN, Trump, Washington Post, Post, The New York Times, CIA, Times, The Times, Bloomberg, Kodak, Getty, Reuters, Border Patrol, Blackwater, Capitol, Senate Locations: Lago, Florida, Fort Lauderdale, Russia
Pence made that clear in a Tuesday night letter on White House stationary to House Speaker Nancy Pelosi. "They're telling him he can't," one of the GOP sources close to the White House said. And a wave of recent departures also came from top White House staffers citing the attack on the Capitol.. "This is him by himself and it is something that has never happened before," said one former senior Trump administration official. I just think that's a goofy theory," said the former Trump administration official.
Persons: Donald Trump, he'd, Trump, Mike Pence, Pence, isn't, Steven Groves, He's, aren't, they're, Nancy Pelosi, Mitch McConnell, Liz Cheney, Cheney, Michael Nigro, Joe Biden's, Joe Biden, Biden, Pelosi, Groves, Alan Dershowitz, I'm, Dershowitz, Alex Wong, pardoning, Pat Cipollone, he's, it'd, Trump's, week's, Elaine Chao, Betsy DeVos, Matt Pottinger, Chad Wolf, Jared Kushner, Ivanka Trump, Kushner's, Eric Trump, Donald Trump Jr, hadn't, insurrectionists Organizations: GOP, White House, Capitol, Trump, Republicans, White, House Republican, New York Times, Republican, Electoral, Democratic National Committee, Republican National Committee, Democratic, Trump White House, Justice Department, Supreme, Homeland, Capitol . Democrats, House Democrats Locations: Wyoming, United States, Reynosa, McAllen , Texas, , Trump, Fort Sumter
Lime will never spend money on any company owned by President Donald Trump or Jared Kushner's families, its CEO Wayne Ting announced Tuesday. The company has removed Trump properties from its list of approved hotels for corporate travel for its 600 employees following the pro-Trump siege of the US Capitol, Ting said in an internal memo. Lime, the world's largest e-scooter and e-bike startup, has vowed to never spend any money on businesses connected to President Donald Trump. "In fact, earlier today, we asked TripActions to remove all Trump properties from Lime search results and encouraged them to institute this policy for all of their customers." Lime is "inherently political," Ting added.
Persons: Donald Trump, Jared Kushner's, Wayne Ting, Trump, Ting, Joe Biden's, Lime, Kushner, Jared Kushner, Ivanka, TripActions Organizations: Trump, Republican, TechCrunch, Lime, Kushner Companies, Capitol, Hill, Deutsche Bank, Signature Bank, Electoral, Trump Organization Locations: North America, Asia, Europe
The commercial real estate services firm and brokerage Cushman & Wakefield told Insider that it will no longer do business with the Donald Trump's family real estate company, the Trump Organization. Donald Trump's nephew, Fred Trump III, who was a leasing executive at Cushman, has departed the firm, a source told Business Insider. The Trump Organization did not immediately respond to a request for comment. It was in the Trump Tower lobby where Trump famously descended an escalator in 2015 to announce his run for the presidency. The firm provided the same service at 40 Wall Street, a landmarked, 1.3 million-square-foot office tower in Manhattan's Financial District.
Persons: Donald Trump's, Cushman, Donald Trump, Fred Trump III, Wakefield, Trump, Read, Stephen Schwarzman, Fred Trump, Mary Trump, , — Trump, Joe Biden's, Jared Kushner's, they're, JLL Organizations: Cushman, Wakefield, Trump Organization, Trump Tower, Fifth, Trump, The Trump Organization, Business, Republican, Developers, Financial Locations: Lower Manhattan, Midtown Manhattan, Manhattan, America, Trump, Bedminster , New Jersey, , New York City, Central Park, Bronx, Washington DC's
Some went even further and demanded that their fellow investors stop doing business deals with Trump's son-in-law, and White House senior advisor, Jared Kushner. "Why would you put Jared Kushner on your cap table given the terror that this administration has brought to America over the last four years, resulting in today's chaos," said one investor. Horrified by pro-Trump rioters who stormed the US Capitol on Wednesday in an effort to stop Congress from ratifying the election results, VCs are calling on other investors to stop doing business deals with Trump's son-in-law Jared Kushner. "Why would you put Jared Kushner on your cap table? But Jared Kushner is not only Trump's son-in-law, he's a senior advisor the President, a member of the administration.
Persons: Trump's, Jared Kushner, Kushner, Homebrew's Hunter, Mark Suster, Suster, he's, Katie Stanton, Stanton, Josh Kushner, Glossier, Slack, Karlie Kloss, Kloss, I'm, Josh, Jared, Ivanka, He's, Kushner's brother's, Andreessen Horowitz, Mark Cuban, Peter Thiel, Oscar, confidentially, Baillie Gifford, Coatue, Catalyst Organizations: Twitter, White House, Oscar Health, Trump, Business, Moxxie Ventures, VC, Bloomberg, CNBC, Founders Fund, Catalyst, Khosla Ventures, DST Global, Breyer, Lumia, Goldman Sachs Investment Partners, Sound Ventures, Ford Foundation, SL Green Realty, Cadre, White, Tiger, Dragoneer, Fund Locations: America, Silicon, Silicon Valley
A moving truck was spotted outside of Ivanka Trump and Jared Kushner's Washington, DC mansion on Thursday. The pair reportedly dropped $32 million on an empty lot on a high-security private island in Miami last month. Jared Kushner and Ivanka Trump have been living in a 7,000 square-foot mansion in the ritzy Kalorama neighborhood of Washington, DC since early 2017. Hunter Walker, a DC-based reporter for Yahoo News, posted a photo to Twitter on Thursday, showing what appears to be a moving truck outside the couple's Kalorama home. Last month, Kushner and Trump reportedly dropped $32 million on an empty lot in Miami's "Billionaire Bunker," tony private island Indian Creek.
Persons: Ivanka Trump, Jared Kushner's Washington, tony, Jared Kushner, Joe Biden's, Hunter Walker, Trump, Kushner, Julio Iglesias, Joshua, Karlie Kloss, Donald Trump, didn't Organizations: Yahoo News Locations: Miami, Washington, Florida
Alongside 28 other pardons and commutations President Donald Trump granted on Wednesday, Charles Kushner, 66, was given a full pardon. President Donald Trump continued his pardon spree on Wednesday, and alongside allies and former campaign officials, he pardoned Charles Kushner, the father of White House senior advisor Jared Kushner, who is also Trump's son-in-law. 'One of the most loathsome, disgusting crimes'Charles Kushner and his father founded Kushner Companies in 1985. Charles Kushner in 2004. Jared Kushner also holds ownership of several Baltimore-area apartment complexes that have been embroiled in housing violations and mismanagement accusations for years.
Persons: Donald Trump, Charles Kushner, William Schulder, Charles, Schulder, Kushner, Jared Kushner, Roger Stone, Paul Manafort —, Chris Hondros, Chris Christie, PBS's Margaret Hoover, Margaret Hoover, Jared, Ivanka Trump, Joshua, Charles ' Organizations: Federal, Commission, White House, Kushner Companies, New York, Real Deal, Former New Jersey Gov, White, New York Observer, CNN Locations: New York City, Alabama, Town, Brooklyn, Baltimore
Chris Christie explains why Kushner's father was prosecuted
  + stars: | 2020-12-24 | by ( ) edition.cnn.com sentiment -0.86   time to read: 1 min
During a 2019 interview with PBS, Chris Christie explained why he decided he had to prosecute Charles Kushner, father of Donald Trump's son-in-law Jared Kushner, while US attorney. Trump has since issued Kushner a full pardon.
Persons: Chris Christie, Charles Kushner, Donald Trump's, Jared Kushner, Trump, Kushner Organizations: PBS
WASHINGTON — President Donald Trump issued 26 pardons on Wednesday night, including ones to his son-in-law Jared Kushner's father, and to his 2016 campaign manager Paul Manafort and Republican political operative Roger Stone. Manafort, 70, was among the first in Trump's inner circle to face charges that were brought on by Special Counsel Robert Mueller's probe into Russian interference in the 2016 presidential election, and the Trump campaign. "Words cannot fully convey how grateful we are," the long-time Republican operative wrote. The Manhattan District Attorney's office is still seeking to prosecute Manafort for New York state crimes of mortgage fraud, conspiracy and falsifying business records. Earlier this year, Trump commuted his longtime friend Stone's three year and four-month-long sentence less than a week before the Republican operative was due to begin his prison term.
Persons: Donald Trump, Jared Kushner's, Paul Manafort, Roger Stone, Trump, Joe Biden, Sen, Ben Sasse, flagrantly, Robert Mueller's, Manafort, Lindsey Graham, Graham, Cyrus Vance Jr, Vance, Danny Frost, Stone, Hillary Clinton's, Stone's Organizations: WASHINGTON, Electoral College, Trump, White House, Twitter, Manhattan District, Democratic, Committee, Republican Locations: Nebraska, Lago, Palm Beach, Fla, Ukraine, South Carolina, New York, Russia
EasyKnock, a fast growing player in the booming single-family home rental business, told Business Insider that it had secured a commitment from a partner for a $500 million credit line. The single-family home rental giant, Invitation Homes, has said it, too, will seek to arrange sale-leaseback deals. A growing group of Wall Street owners of single-family rental homes have ramped up their fundraising in anticipation of the millions of Americans who could be forced to turn over or sell their homes amid the financial stress of the pandemic. "There are 12 million single-family rental homes that have to be sold in the next decade as their owners age out. Hill said there are about 15.5 million single-family homes in the rental market nationally.
Persons: Read, Jarred Kessler, Kessler, Richard Hill, Morgan Stanley, Jared Kushner's, they're, Hill, Dallas Tanner Organizations: Wall Street
President Donald Trump has promised to veto this year's National Defense Authorization Act, an annual bill that funds the military and that has been passed for 59 straight years. Priced at about $741 billion and thousands of pages long, the 2021 National Defense Authorization Act has a little holiday cheer for everyone inside Washington's Beltway. All that, however, is nothing compared to the biggest change the defense spending bill would bring for the future of national security. Trump golfs at Trump National Golf Club in Sterling, Virginia, on November 21, 2020. Trump's claims that he is holding up the defense bill in order to rein in the outsized power of Big Tech are flimsy at best, and the president's act is far from convincing.
Persons: Donald Trump, Trump's, , Trump, Tasos Katopodis, Torpedoing, Jared Kushner's, wonks —, Jared Kushner, Crown Prince Mohammed bin Salman, Kevin Dietsch, Facebook's Mark Zuckerberg, Don Quixote, Candace Rondeaux Organizations: Confederate, Twitter, Facebook, Trump National Golf Club, Treasury Department, Trump Organization, Kushner Companies, Saudi, Trump, Crown, International Consortium of Investigative Journalists, Treasury, Shell, German Marshall Fund, Big Tech, New, Arizona State University Locations: United States, Sterling , Virginia, Manhattan, Washington, Panama, Trump's, American, New America
Public Chinese companies like Alibaba and Baidu could be forced to delist from US exchanges under the law. More significant, US exchanges could lose out on the next batch of unicorn IPOs, in which Chinese tech startups are heavily represented. US exchanges could lose out on the next batch of unicorn IPOs, in which Chinese tech startups are heavily represented. According to CB Insights, the two most valuable private tech companies in the world today today are ByteDance ($140 billion) and Didi Chuxing ($62 billion), both based in China. And eight of the world's 20 most valuable private tech companies are Chinese.
Persons: David Bowie's, Dara Khosrowshahi, Travis Kalanick's moonshots It's, Travis Kalanick, Ronald Reagan, Tasos Katopodis, Khosrowshahi's, Obama, Khosrowshahi, Uber, it's, he's, Brendan McDermid, IPOs, Didi Chuxing, — Elon Musk, Mathias Döpfner, Axel Springer, Elon Musk, Puerto Rico —, Ricardo Arduengo, Gebru, Tony Hsieh, Max, Jared Kushner's, they're, Alexei Organizations: Insider Tech, Uber, Ronald, International Trade Center, Inc, New York Stock Exchange, Nasdaq, NYSE, Public, Baidu, SpaceX, Tesla, Elon, Getty, Arecibo Locations: Washington ,, New York, U.S, China, Arecibo, Puerto Rico, Arecibo , Puerto Rico, AFP
Now that goal is threatened — not only by Covid-19-related shutdowns, but also by their lender, a New Jersey-based company called World Business Lenders. A loan broker introduced them to World Business Lenders, Markisha said. Among the high-cost lenders benefiting from the rules is World Business Lenders, an online entity founded in 2011 and based in Jersey City, New Jersey. Shane Heskin, a lawyer representing the Swepsons and other World Business Lenders borrowers, has conducted extensive discovery about its lending practices. A World Business Lenders entity holds 41 properties, worth $9 million, that had belonged to borrowers it foreclosed on, the executive said.
Persons: Carlos Swepson, Carlos, , Nina Westervelt, Markisha, Trump, Maura Healey, Biden, Brian Brooks, Brooks, Steven Mnuchin, Donald Trump, Banks, It's, Linda Jun, Jared Kushner's, ProPublica, Kushner, Shane Heskin, Heskin, Axos, Andy Occhino, Doug Naidus, Occhino, Louis, Erik Hansen, Martha, Hansen, shutdowns, Dreijer Hansen, " Hansen, Dreijer, Bank's, MortgageIT, Naidus Organizations: NBC, World Business, World, Business, NBC News, OCC, OneWest Bank, Treasury, Federal Deposit Insurance Corp, Financial Reform, Axos Bank of Nevada, of, Kushner Companies, Axos Bank, Axos, Street America, Mortgage, Association, Federal Reserve Bank of St, Survey, Federal Reserve, Small Business Administration, Federal Trade Commission, New, Deutsche Bank, Justice Department, MortgageIT, Department of Housing, Urban Development, NBC News Occhino Locations: New, Harlem, New Jersey, Paterson , New Jersey, New York, Massachusetts, California, Jersey City , New Jersey, Brooklyn , New York, Mobile , Alabama, Alabama, MortgageIT
Jared Kushner, President Donald Trump's son-in-law and White House advisor, famously comes from a powerful real estate family. That has not only damaged his reputation but also set back investors who have partnered with him and his family's real-estate firm, Kushner Companies. Kushner Companies, which is helmed by Kushner's father, Charles, disputed the notion that its name had become tarnished in real estate. "We are proud of our many partners and banking institutions who have remained loyal and true to the Kushner family and to Kushner Companies." Jared Kushner and his brother Joshua cofounded Cadre with company CEO Ryan Williams in 2014.
Persons: Jared Kushner, Donald Trump's, Kushner, Asher Abehsera, he's, Abehsera, Trump, Kushner's, Charles, Coast Asher Abehsera, Tara Ziemba, Jared Siskin, voicemails, Jared, haven't, Joshua, Ryan Williams, SoftBank, Drew Angerer, I'm, wariness, Brookfield, Kushner family's, Charles Kushner, Laurent Morali, Stephen Ross, Ross, Andrew Burton, didn't, Ivanka Trump, Joe Biden, Daniel Geiger Organizations: Kushner Companies, White, House, Business, Coast, Baldwin, Community, Cadre, Bloomberg, Brookfield Asset Management, Kushner, Brookfield, Brookfield Property Partners, Related Companies, Hamptons, Vornado Realty, Trump Organization Locations: Washington, Los Angeles, New York City, Los Angeles , New York City, San Francisco, Jersey City, Crenshaw, LA, Americas, California, Manhattan, York City, New Jersey, dgeiger
Business at properties owned by the Trump Organization and the president's son-in-law Jared Kushner's family received 25 Paycheck Protection Program loans to the tune of $3.65 million, NBC News reported. Yet the newly-released data shows many larger companies received the emergency funds, and raises questions about the Trump administration's handling of the program. "The notion that Kushner Companies somehow improperly benefited from CARES Act Paycheck Protection Program (PPP) loans is completely untrue and amounts to nothing more than politically motivated nonsense," Christopher Smith, the company's general counsel, told Insider. The companies received over 25 Paycheck Protection Program loans worth more than $3.65 million, per the report. He added: "Exactly two Kushner Companies' hotel operations affiliates received PPP loans.
Persons: Jared Kushner's, Kushner, Christopher Smith, Donald Trump's, Jared Kushner, Trump, Kushner family's Organizations: Trump Organization, NBC News, Treasury Department, Trump, Kushner Companies, Small Business Administration, Treasury, Uno, Grill, Boston, Post, Trump International, NBC, LB City Inc Locations: Washington, Cava, New York, Kushner family's New Jersey
DoorDash and Airbnb lead a parade of unicorn IPOs
  + stars: | 2020-11-30 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com + 0.00   time to read: +6 min
JFrog, Nonetheless, IPOs (and tech IPOs in partciular) are back in a big way. Uber and rivalwent public with much fanfare in 2019, but their stocks flopped shortly after their IPOs. Gellert said that DoorDash, which has posted strong revenue growth, looks to be more attractive than Airbnb, but both companies are still losing money. And DoorDash and Airbnb are not the only unicorns expected to test the public markets before the end of the year. 2021 shaping up to be big year for IPOs, SPACs and direct listingsOnline shopping app Wish has filed for an IPO.
Persons: DoorDash, JFrog, Frank Lopez, Paul Hastings, It's, Lyft, Adam Neumann, SoftBank, James Gellert, Gellert, Uber, Bumble, Josh Kushner's Oscar, Wouter Witvoet, Witvoet, ofand DraftKings, Lopez, Expedia EXPE Lopez, Travis Kalanick, Dara Khosrowshahi, WeWork Organizations: CNN, Securities and Exchange Commission, coronavirus, Software, Uber, IPOs, Wall, Virgin Galactic, Oaktree, Companies Locations: York, Silicon, DoorDash, Netherlands, IPOs, partciular, WeWork
Trym is the latest cannabis-tech startup to close a major funding round. The cannabis farm management software company closed a $3.1 million seed round, led by 7Thirty Capital. Trym is the latest cannabis tech startup to raise money, closing a $3.1 million seed round on September 29. Read more: Cannabis startup Dutchie raised $35 million from Josh Kushner's Thrive Capital and Starbucks founder Howard Schultz. Here's the deck Trym used to close a $3.1 million funding round:
Persons: Trym, Matt Mayberry, Mayberry, Read, Josh Kushner's, Howard Schultz, Here's, Cannabis Organizations: 7Thirty Capital, Cannabis, Venture, 7thirty Capital, Welcan, Arcview, Fund, Delta Emerald Ventures, Starbucks Locations: California
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