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The ISIS-inspired attack in New Orleans underscores how extremism online and political divisions at home have created “a perfect storm” for radicalization in America, experts say, with law enforcement struggling to track an increasingly fractured threat. And all that is playing into a perfect storm of factors that are leading to an increase in radicalization.”According to the federal government, the main terror threat to the U.S. now is lone actors inspired by extremism ideology. But sometimes, as in the New Orleans attack, the driving ideology is radical Islamism. Berger, an extremism researcher with the Center on Terrorism, Extremism, and Counterterrorism at the Middlebury Institute of International Studies, said in an email. That shift had the center’s vice president, Oren Segal, worried even before the New Orleans attack, he said.

Persons: ”, Seamus Hughes, Christopher Wray, John Horgan, “, ” Horgan, Din Jabbar, Jabbar, —, Christopher O’Leary, Arie Kruglanski, J.M, Berger, Horgan, Shamsud, Oren Segal, it’s, ” Berger, ” Donald Trump’s, Ryan Routh, Trump Organizations: FBI, National Counterterrorism Innovation, Technology, Education Center, University of Nebraska, Buffalo, Trump, Extremism, Georgia State University, Islamic State, Soufan, National Center for, Terrorism, University of Maryland, Center, Counterterrorism, Middlebury Institute of International Studies, New, YouTube, ISIS, The, Defamation League’s Center for Extremism, Justice, “ Locations: New Orleans, America, University of Nebraska Omaha, U.S, Washington, Trump, Florida, Shamsud, Las Vegas, The New Orleans, Orlando , Florida, Israel, Middlebury, Orleans, Iran, Ukraine

☆ Explosive experts: The Las Vegas blast could have been worse
▼ + stars: | 2025-01-04 | by ( Ana Altchek | Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Experts told BI the explosives detonated in an apparent attack outside a Trump hotel didn't appear sophisticated. Explosive experts told Business Insider the damage from the materials detonated inside a Tesla Cybertruck in front of the Trump International Hotel in Las Vegas would likely have been worse if the items used had been more sophisticated. They knew what they were doing," Glumac said about the Oklahoma City Bombing, adding that the Cybertruck explosion on January 1, by contrast, appeared "very improvised." A military official told BI that Livelsberger "wasn't a bomb maker." Related storiesKevin McMahill, sheriff of the Las Vegas Metropolitan Police Department, said the Cybertruck's design helped limit the explosion.

Persons: Matthew Alan Livelsberger, Elon Musk, Nick Glumac, Glumac, Timothy McVeigh, Kenny Cooper, Ali Rangwala, Rangwala, Jim Wesevich, Jensen Hughes, Cooper, Elon, Kevin McMahill, McMahill, Brian Meacham, Michael Villahermosa, Ryan Pickrell Organizations: Trump, Army, Authorities, Trump International, University of Illinois, Bombing, Alcohol, Tobacco, Firearms, Explosives, Metropolitan Police, Worcester Polytechnic Institute, 10th Special Forces Group, Special Forces, Officials, Las Vegas Metropolitan Police Department, Crux Consulting, US Army, Las Locations: Las Vegas, University of Illinois Urbana, Champaign, Oklahoma, Iraq, Afghanistan, Ukraine, Las

☆ 'I feel like Batman': What Tesla driver texted his ex-girlfriend before explosion outside Trump Hotel
▼ + stars: | 2025-01-03 | by ( Sarah Ford | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Tom_Winter_Nbc_News.Jpg | ) www.nbcnews.com time to read: +4 min

Just a few days before New Year’s Eve, Alicia Arritt received a text message out of the blue from her ex-boyfriend, a decorated U.S. special forces soldier named Matthew Livelsberger. They continued texting into the evening, with Livelsberger giving no indication that he was planning something drastic. “It was awful to learn about it.”Investigators are still working to definitively determine what led Livelsberger to commit suicide. As their relationship continued, it became clear to her that Livelsberger was struggling with injuries he sustained in the military. Arritt said she still held him in high regard even though they lost touch until the last few days of his life.

Persons: Alicia Arritt, Matthew Livelsberger, Livelsberger, Tesla, “, ”, ” Arritt, Matt Livelsberger, Alicia Arritt Arritt, “ I’ve, Arritt, ” Livelsberger, he’s Organizations: NBC News, FBI, Trump, Army, The Denver Gazette, Walter Reed National Military Medical Locations: U.S, Las Vegas, Colorado Springs

Mike Johnson fights to maintain his role as House Speaker. New session of Congress begins with House speaker voteIt’s the first day of the 119th Congress — and with it, two parts of the Republican trifecta of House, Senate and White House control are falling into place. This is Morning Rundown, a weekday newsletter to start your day. Read more about Congress’ first day, and follow our live blog for updates throughout the day. After the House chooses a speaker, Republicans will have a tall to-do list when it comes to advancing Trump’s agenda.

Persons: Mike Johnson, Donald Trump’s, ’, Din Jabbar, ” Jabbar, ”, Christopher Raia, Jabbar, “ Sham, Man, Matthew Alan Livelsberger, Livelsberger, Kevin McMahill, Yoon Suk, Yoon, Butch Wilmore, Suni Williams, Denise Chow, — Elizabeth Robinson, Elizabeth Robinson Organizations: New, Congress, Republican, White, U.S . Capitol, Trump, Republicans, GOP, University of Alabama, Princeton University, ISIS, Army, Army Reserve, Deloitte, Trump Hotel, Las Vegas Metropolitan Police, U.S . Army, Command, Authorities, NBC News, South, NASA, AFP, Getty, International, NBC Locations: New Orleans, House, U.S, revelers, Texas, Las Vegas, Clark, Las, Germany, Republic of Congo, Ukraine, Tajikistan, Afghanistan, Korea, South Korea, Seoul, South Korean

WASHINGTON — House Speaker Mike Johnson is trying to avoid the same fate that his predecessor, Kevin McCarthy, experienced two years ago: an embarrassing, drawn-out floor fight for the speaker’s gavel. The speaker said he spent New Year's Day with Trump at his Florida club, Mar-a-Lago, shortly after a Cybertruck exploded outside the Trump Hotel in Las Vegas. On Fox, Johnson acknowledged that he's dealing with a challenging "numbers game." Johnson would need at least 218 votes — a simple majority — to win the gavel if all House members are present on Friday. We have the White House, the Senate and the House — a totally different situation than we dealt with over the last 14 months since I’ve been Speaker,” Johnson said on Fox.

Persons: Mike Johnson, Kevin McCarthy, Johnson’s, Johnson, Donald Trump, Trump, Thomas Massie, Victoria Spartz, “, Paul Ryan, ” Massie, “ We’ve, Hakeem Jeffries, Jan, ” Johnson, Donald J Trump, McCarthy, —, Matt Gaetz, Gaetz, Fox, Republicans —, Fox News ’ Sean Hannity, Spartz, I’ve Organizations: WASHINGTON, 119th Congress, GOP, Louisiana Republican, Mar, Trump, Lawmakers, Fox News, Jan, Fox, Republicans, Senate Locations: Florida, Las Vegas, Ky, Ukraine, New York, New Orleans, Washington, America

The person who rented the Tesla Cybertruck that was used in an explosion outside the entrance of the Trump hotel in Las Vegas has been identified as an active-duty member of the U.S. Army's elite special forces unit, two U.S. defense officials said. An Army spokesperson said Livelsberger was on approved leave at the time and assigned to the U.S. Army Special Operations Command. “This activity is related to the explosion in Las Vegas,” the FBI said on X, declining to provide further details. Clark County/Las Vegas Metropolitan Police Sheriff Kevin McMahill told reporters Wednesday that the pickup truck and the Tesla in the Las Vegas explosion were rented from the same company, Turo. "We do not believe that either renter involved in the Las Vegas and New Orleans attacks had a criminal background that would have identified them as a security threat," the statement said.

Persons: Matthew Alan Livelsberger, Livelsberger, revelers, Kevin McMahill, McMahill, Chris Raia, Jeremy Schwartz, Turo Organizations: Trump, NBC, Trump International, Army, U.S . Army, Operations Command, Green Beret, National Guard, Army Reserve, FBI, Islamic State, Las Vegas Metropolitan Police, ISIS Locations: Las Vegas, Colorado Springs , Colorado, New Orleans, Texas, Clark County, Las, Las Vegas and New Orleans

And NBC News went back to high school — with an Olympic gold medalist. There were other possible IEDs planted nearby in the French Quarter, two of which have been rendered safe. The blast is being investigated as a possible terrorist attack, three senior law enforcement members briefed on the matter told NBC News. The pickup truck used in New Orleans and the Tesla in the Las Vegas explosion were rented from the same company, Turo, said officials. He still had two years left of high school.

Persons: Shamsud, Din Jabbar, Jimmy Cothran, ”, ” Jabbar, Tesla, Elon Musk, We’re, Zachary Yack, Shawn Hubbard, I, Eugene , Ore, I’m, Noah Lyles, She’Carri Richardson, Gabby Thomas, Quincy Wilson, Wilson, Wilson didn’t, Greg Rosenstein, Elizabeth Both, — Organizations: NBC, New Orleans ’, FBI, Ford, NBC News, Army, Deloitte, Authorities, Trump International, New, Officials, Eastern, National Weather Service, U.S, Olympic, Bullis School, dermatologists Locations: New Orleans, Texas, Bourbon, Trump, Las Vegas, Las, U.S, Eastern United States, Chicago, Minneapolis, Eugene ,, Paris, Washington

☆ Driver of Tesla Cybertruck that exploded was a US Army special-ops soldier: reports
▼ + stars: | 2025-01-02 | by ( Theron Mohamed | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

The driver of the Tesla Cybertruck that exploded outside a Trump hotel has been identified. Livelsberger had been an active-duty Army servicemember for nearly two decades, the US Army told BI. In addition, you accept Insider's Terms of Service and Privacy PolicyThe driver of the Tesla Cybertruck who died when it exploded outside the Trump International Hotel in Las Vegas on Wednesday has been identified as an active-duty US Army servicemember, according to media reports. Livelsberger was a master sergeant who served as a special operations soldier, a US Army spokesperson said. "US Army Special Operations Command can confirm Livelsberger was assigned to the command and on approved leave at the time of his death," the Army spokesperson said.

Persons: Matthew Alan Livelsberger, Livelsberger, Tesla, police didn't, Din Jabbar, Jabbar, Elon Musk, Ryan Pickrell Organizations: Trump, AP, Army, US Army, BI, Business, Service, Trump International, Associated Press, Street Journal, National Guard, Army Reserve, Special Operations Command, Special Forces, FBI, Wall Street, police Locations: Colorado Springs, Las Vegas, New Orleans

☆ Las Vegas police thanked Elon Musk for investigating the Tesla Cybertruck blast outside Trump's hotel
▼ + stars: | 2025-01-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

A Tesla Cybertruck exploded outside the Trump International Hotel at Las Vegas on Wednesday. Las Vegas police thanked Elon Musk for his assistance in investigating the blast. Las Vegas police expressed their appreciation for Tesla CEO Elon Musk's assistance after a Cybertruck exploded outside the Trump International Hotel on New Year's Day. Advertisement"I have to thank Elon Musk specifically," Las Vegas Metropolitan Police Department Sheriff Kevin McMahill said at a press conference on Wednesday. Advertisement"The whole Tesla senior team is investigating this matter right now," Musk wrote on X following the explosion in Las Vegas.

Persons: Tesla, Elon Musk, Musk, Elon, Kevin McMahill, McMahill, knuckleheads, Cybertruck, 9vj1JdcRZV — Elon, Joe Biden Organizations: Trump, Las Vegas, Las, Las Vegas Metropolitan Police Department, FBI, Ford, Tesla Locations: Las, New, Las Vegas, New Orleans

☆ What to know about Turo, the app both trucks used in New Orleans and Las Vegas incidents came from
▼ + stars: | 2025-01-02 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —This week’s deadly incidents in New Orleans and Las Vegas have thrust Turo, a car rental platform, into the spotlight, after the cars used in both attacks were rented through its marketplace. That means that unlike traditional rental car companies, Turo doesn’t need to shell out to purchase and maintain a fleet of cars. And it often doesn’t face similar regulations and consumer protections of a traditional car rental company, nor do the people renting out those cars through Turo. Turo's business soared at the end of the Covid-19 pandemic, when traditional rental car prices were higher. Turo’s business grew rapidly in the wake of the pandemic – as travelers began getting back on roads, but didn’t want to pay high prices from traditional rental car companies.

Persons: it’s, ” Turo, renter, Turo, Gabby Jones, – CNN’s Chris Isidore, Eric Levenson Organizations: New, New York CNN, Hertz, Avis, Porsche, Ferrari, Trump, Bloomberg, Securities and Exchange Commission, New York Stock Exchange, CNN Locations: New York, New Orleans, Las Vegas, United States

CNN —The explosion of a Tesla Cybertruck outside the Trump International Hotel in Las Vegas on Wednesday could have been significantly worse, if not for the vehicle’s body construction, which helped contain the blast, police said. Up through the truck and out,” Kevin McMahill, sheriff of the Las Vegas Metropolitan Police Department, said Wednesday. Here’s what we know:How the incident unfoldedThe truck was rented in Colorado and arrived in Las Vegas at 7:30 a.m. Wednesday morning, McMahill said. About an hour later, after driving up and down Las Vegas Boulevard, the truck arrived at the Trump Hotel and detonated, according to authorities. The Trump International Hotel & Tower Las Vegas after a Tesla Cybertruck exploded in front of the entrance on Wednesday.

Persons: ” Kevin McMahill, “, ”, McMahill, Police haven’t, Elon Musk, ” Musk, Musk, Tesla, Ethan Miller, ” McMahill, CNN’s Paul P, Murphy Organizations: CNN, Trump International, Las Vegas Metropolitan Police Department, Trump, FBI, Authorities, Trump Hotel, Police, Motors, Trump International Hotel, Getty, Las Locations: Las Vegas, New Orleans, Colorado, Las, Vegas, Year’s, Bourbon, Las Vegas and New Orleans, Turo

The remains of a Tesla Cybertruck that burned at the entrance of Trump Tower, are inspected in Las Vegas, Nevada, U.S. January 1, 2025. The person who rented the Tesla Cybertruck that was used in an explosion outside the entrance of the Trump hotel in Las Vegas has been identified as an active-duty member of the U.S. Army's elite special forces unit, two U.S. defense officials said. "This activity is related to the explosion in Las Vegas," the FBI said on X, declining to provide further details. Clark County/Las Vegas Metropolitan Police Sheriff Kevin McMahill told reporters Wednesday that the pickup truck and the Tesla in the Las Vegas explosion were rented from the same company, Turo. "We do not believe that either renter involved in the Las Vegas and New Orleans attacks had a criminal background that would have identified them as a security threat," the statement said.

Persons: Matthew Alan Livelsberger, Livelsberger, revelers, Kevin McMahill, McMahill, Chris Raia, Jeremy Schwartz, Turo Organizations: Trump, NBC, Trump International, Army, U.S . Army, Operations Command, Green Beret, National Guard, Army Reserve, FBI, Islamic State, Las Vegas Metropolitan Police, ISIS Locations: Las Vegas , Nevada, U.S, Las Vegas, Colorado Springs , Colorado, New Orleans, Texas, Clark County, Las, Las Vegas and New Orleans

☆ Video: Driver who blew up cybertruck near Las Vegas Trump Hotel identified
▼ + stars: | 2025-01-02 | by ( Jonathan Steinmetz | ) edition.cnn.com time to read: 1 min

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A Tesla Cybertruck burst into flames Wednesday morning just outside the entrance of the Trump International Hotel in Las Vegas, killing one person and injuring several others, according to local officials. The Clark County Fire Department confirmed that it had responded to a vehicle fire in the valet area of the Trump International Hotel at approximately 8:40 a.m. local time. In a news conference, Clark County Fire Department Deputy Chief Thomas Touchstone said that as first responders began to extinguish the fire, they "realized at the same time that there were multiple persons with injuries located around the vehicle." Touchstone said seven people were injured, two of whom were transported to University Medical Center of Southern Nevada in Las Vegas.

Persons: Thomas Touchstone, Touchstone Organizations: Trump International, Fire Department, Trump, Clark, Clark County Fire Department, University Medical Center of Southern Locations: Las Vegas, Clark, Clark County, University Medical Center of Southern Nevada

An eletric vehicle burst into flames outside of the Trump International Hotel in Las Vegas on Wednesday, according to officials and videos on social media. In the videos circulating online, sirens can be heard inside the lobby of the Trump International Hotel as the vehicle just outside the doors is seen engulfed in flames. The Clark County Fire Department confirmed that it had responded to a vehicle fire in the valet area of the Trump International Hotel at approximatley 8:40 a.m. local time. We extend our heartfelt gratitude to the Las Vegas Fire Department and local law enforcement for their swift response and professionalism,” the statement read. The Trump International Hotel Las Vegas is owned by the Trump Organization and American businessman Phil Ruffin.

Persons: “, ” Tesla, Lars Moravy, Donald Trump's, Eric Trump, Phil Ruffin, Trump . Mary Lescano Paguada, Paguada, Donald Trump, Elon Musk Organizations: Trump International, Fire Department, Trump, Federal Bureau of Investigations, NBC News, Trump Organization, President, Trump Las Vegas, Las Vegas Fire Department, Trump ., Department of Government Efficiency Locations: Las Vegas, Clark, Vegas, San Antonio , Texas

☆ Police release video showing Cybertruck explode outside Las Vegas Trump Hotel
▼ + stars: | 2025-01-01 | by ( Eden Getachew | ) edition.cnn.com time to read: 1 min

☆ Tesla Cybertruck explodes at entrance of Trump Hotel in Las Vegas
▼ + stars: | 2025-01-01 | by ( Chelsea Bailey | Brynn Gingras | ) edition.cnn.com time to read: +2 min

CNN —The Telsa Cybertruck explosion and fire at the entrance of the Trump Hotel in Las Vegas Wednesday morning is being investigated as a possible terrorist act, according to a law enforcement official who has been briefed on the investigation. At a news conference, Las Vegas Sheriff Kevin McMahill said a vehicle fire was reported at the hotel just after 8:40 a.m. Crews arrived to find a 2024 Cybertruck engulfed in flames, he said. Jeremy Schwartz, acting special agent in charge of the FBI in Las Vegas, also confirmed that his team is involved in the investigation. In a post on X, Elon Musk wrote Tesla is also launching its own investigation. “But obviously, a Cybertruck, the Trump hotel – there’s lots of questions that we have to answer as we move forward.”CNN’s Jack Hannah contributed to this report.

Persons: Las Vegas Sheriff Kevin McMahill, Crews, ” McMahill, Jeremy Schwartz, Elon Musk, Tesla, ” Musk, “ We’ve, Eric Trump, Trump, ” Trump, Galit Ventura Rozen, “, ”, ” Rozen, McMahill, Jack Hannah Organizations: CNN, Trump, Las Vegas, Las, Las Vegas Sheriff, FBI, Tesla, Las Vegas Fire Department, Resorts, Vegas Locations: Las, Las Vegas, New Orleans

A Tesla Cybertruck burst into flames Wednesday morning just outside the entrance of Trump International Hotel in Las Vegas, killing one person and injuring several other people, local officials said. "We were told that a 2024 Cybertruck pulled up to the front of the hotel, and, in fact, I can tell you it pulled right up to the glass entrance doors of the hotel," McMahill said. McMahill said it was unclear whether the dead person in the Cybertruck was a man or woman. Touchstone said seven people were injured, two of whom were taken to University Medical Center of Southern Nevada in Las Vegas. Touchstone said officials are working to recover the body of the dead person from the Cybertruck.

Persons: Kevin McMahill, Cybertruck, McMahill, Thomas Touchstone, Touchstone Organizations: Trump International, NBC News, Las Vegas Metropolitan Police, Fire, University Medical Center of Southern Locations: Las Vegas, Clark County, Las, University Medical Center of Southern Nevada, New Orleans

☆ Tesla Cybertruck explosion in front of Trump hotel in Las Vegas leaves 1 dead, 7 injured
▼ + stars: | 2025-01-01 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +2 min

The explosion occurred Wednesday outside a Trump hotel in Las Vegas. One person is dead and seven injured after a Tesla Cybertruck caught fire and exploded outside Trump International Hotel in Las Vegas, authorities said Wednesday. AdvertisementThe Trump Organization said the fire occurred in the porte cochère of the Trump International Hotel in Las Vegas. "Earlier today, a reported electric vehicle fire occurred in the porte cochère of Trump Las Vegas," Eric Trump, EVP of the Trump Organization, wrote on X. We extend our heartfelt gratitude to the Las Vegas Fire Department and local law enforcement for their swift response and professionalism."

Persons: Tesla, Kevin McMahill, I'm, McMahill, Elon Musk, We've, Eric Trump Organizations: Trump International, Metropolitan Police Department, ABC, CNN, Tesla, Trump Organization, Trump Las Vegas, Las Vegas Fire Department Locations: Trump, Las Vegas, New Orleans, Las

Donald Trump overcharged Secret Service agents protecting him and his family for rooms at his hotel in Washington while he was president, a new report from House Democrats alleges. The report points specifically to Nov. 28, 2017, when the Secret Service paid $600 apiece for several rooms for agents guarding Trump’s son Eric and his wife, Lara. On the same night, records show, more than 80 rooms were rented out at the Trump hotel at less than $600 a night. Craft booked rooms at the Trump hotel on 20 nights over the 11-month period, spending close to $30,000. But emails the committee obtained from the State Department show she insisted she stay at the Trump hotel.

Persons: Donald Trump, Trump, Trump's, —, Trump’s, Eric, Lara, Kelly Craft, Craft, Albert Pirro, Jeanine Pirro, Pirro, “, Mazars Organizations: Secret, Democrats, Trump International, NBC News, Trump, Trump Corporation of jacking, Secret Service, Democratic, Trump Cabinet, United Nations, State Department, Fox News, Trump Corporation, Republicans Locations: Washington, Trump's Washington, Canada, Craft, Maryland, Doral, Florida

The biggest chunk – about $1.9 million – was spent by Trump’s campaign and fundraising committees on a Trump-owned company that operates his jet. Karoline Leavitt, a spokesperson for Trump’s campaign, said that “committees are paying the fair market rate for all venues and services” provided by Trump businesses. The dynamic of candidates shelling out thousands on Trump’s businesses while vying for his endorsement – which can make or break Republican campaigns – is an example of how politics has boosted his businesses’ bottom line. About 150 congressional candidates have reported spending campaign funds at Trump businesses, including some Democrats in the years before his first presidential bid. Walker’s campaign spent a total of nearly $215,000 at Mar-a-Lago, Trump’s West Palm Beach golf club and his Las Vegas hotel.

Persons: Donald Trump, Bernie Moreno, who’d, wasn’t, glitzy, Trump, spender, who’ve, Moreno, Herschel Walker, Kari Lake, Trump’s, Karoline Leavitt, –, “ He’s, ”, Daniel Weiner, Brennan, New Jersey Sen, Robert Menendez’s, Delaware Sen, Chris Coons, Joe Biden, Jeff Dean, AP Moreno, J.D, Vance, ” Moreno, Kimberly Guilfoyle, Donald Trump Jr, David B, Cohen, ” Cohen, Reagan McCarthy, “, Walker’s, Walker, Scott Paradise, Sean Rayford, spenders, Lake, John Gibbs of, Vernon Jones of, Kathleen Clark, St . Louis, ” Leavitt, It’s, Weiner, ” Weiner, Lara Trump, hawking, Donald Trump's Mar, Joe Raedle, MAGA, Laurence Leamer, Lago, Leamer, ” Leamer, “ It’s, Steve Contorno, Kyung Lah, Alex Leeds Matthews, Alayna Treene Organizations: CNN, Ohio’s Senate, Trump’s, Florida, Republican, Republicans, GOP, Trump, Georgia Senate, Arizona, Mar, Republican Party, New, Trump National Golf Club, Ohio Senate, Senate, Twitter, University of Akron, Las, Former Republican, The Washington Post, Washington University, Super, TAG Air, Inc, Boeing, “ Trump Force, Brennan, Republican National Committee, RNC, Fund, National Republican Congressional, White Locations: Ohio’s, Lago, Georgia, Trump, New Jersey, Virginia, Delaware, Florida, Vandalia , Ohio, Ohio, Cleveland, Palm Beach, Las Vegas, Arizona, Majewski, John Gibbs of Michigan, Vernon Jones of Georgia, Mar, St ., Palm Beach , Florida, American

☆ Opinion | What Worries Me Most About a Trump Presidency
▼ + stars: | 2024-04-10 | by ( Caroline Fredrickson | ) www.nytimes.com time to read: +2 min

What we should fear most is Mr. Trump transforming our government into a modern-day Tammany Hall, installing a kleptocratic leadership that will be difficult if not impossible to dislodge. I do not discount the possibility of state-sponsored violence, and I worry deeply about the politicization of the civil service. Recall how Mr. Trump operated in his first term. Those interested in currying favor with the president, from foreign governments to would-be government contractors, knew to spend money at his hotels and golf clubs. According to internal Trump hotel documents, T-Mobile executives spent over $195,000 at the Trump Washington Hotel after announcing a planned merger with Sprint in April 2018.

Persons: Donald Trump, Trump Organizations: Justice Department, Tammany Hall, Secret Service, Mobile, Trump Washington Hotel, Sprint Locations: Trump

☆ Trump’s Truth Social is going public today. Experts warn $9 billion valuation defies logic
▼ + stars: | 2024-03-26 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

Truth Social had just 494,000 monthly active US users on iOS and Android combined in February, according to Similarweb stats provided to CNN. Even Threads had more than 10 times the number of monthly active users that Truth Social had in February, according to Similarweb. The last Trump company to go public, Trump Hotels and Casino Resorts in 1995, used the same DJT ticker symbol. Like any social media business, Truth Social faces pressure to grow its user base, expand its advertising business and build a subscription service. “If he wins in November, Truth Social will probably be the primary means of presidential communication,” said Kennedy.

Persons: Donald Trump’s, –, ”, Jay Ritter, Ritter, “, Reddit, Matthew Kennedy, Kennedy, Jonathan Macey, that’s, ’ Matthew Tuttle, Tuttle, it’s Trump, you’ve, ” “, I’m, Donald Trump, Trump, “ Donald J, TMTG, skeptically Organizations: New, New York CNN, Trump Media & Technology Group, Trump Media, University of Florida’s Warrington College of Business, GameStop, AMC, Trump, Renaissance, Truth, CNN, Facebook, Yale, Digital, Tuttle Capital Management, SEC, Trump Hotels, Casino Resorts, New York Stock Exchange Locations: New York, ”, United States

☆ Trump's initials are publicly tradeable once again — this time during a campaign
▼ + stars: | 2024-03-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Read previewFormer President Donald Trump is a publicly tradeable asset once again. Trump's initials are one of the new stock symbols for Truth Social's parent company. Symbols can range from the fairly obvious APPL (Apple) to the playful, motorcycle maker Harley-Davidson uses HOG on the New York Stock Exchange. Trump's political fortunes will be closely tied to Truth Social's parent, Trump Media & Technology Group. By 2004, the company was delisted from the New York Stock Exchange after filing for Chapter 11 bankruptcy protection.

Persons: —, Donald Trump, Davidson, Trump, It's, Jeffrey Yass, Donald Trump Jr Organizations: Service, Nasdaq, New York Stock Exchange, Business, Trump Media & Technology Group, Trump Media, Susquehanna International Group, New York Times, Biden, Susquehanna, Trump Hotels, Casino Resorts, Atlantic Locations: Yass

☆ The last time Trump took a ‘DJT’ business public, it ended up in bankruptcy
▼ + stars: | 2024-03-25 | by ( Allison Morrow | David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —Starting Tuesday, there’s a new company on the Nasdaq: Trump Media & Technology Group, which will trade under the stock ticker DJT. The social media app was never a blockbuster, though, and it’s unclear how the company will ever make money. While Trump Media may be new, its stock ticker is a throwback to Trump’s only other publicly traded company. Trump bestowed the same initials on his Atlantic City casino business, Trump Hotels and Casino Resorts, back when that company went public in 1995. Trump Media generated just $3.4 million of revenue through the first nine months of last year, according to SEC filings.

Persons: there’s, Donald John Trump, we’ve, Trump, “, ” Trump, ”, Jonathan Macey, Matt Egan, he’s, CNN’s Matt Egan Organizations: New, New York CNN, Nasdaq, Trump Media & Technology Group, Republican, Capitol, Trump Media, Atlantic City, Trump Hotels, Casino Resorts, Mahal, New York Times, Trump Entertainment Resorts, SEC, Twitter, Trump Locations: New York, ” Yale

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