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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 1d ago
qwant news | Trump touted Palantir on Truth Social after buying the company's stock, records show AI generated summary, Read the full article for complete information. President Donald Trump bought shares of artificial‑intelligence software firm Palantir in early 2026, purchasing between roughly $247,000 and $630,000 of stock during the first quarter—seven trades in March alone totalling about $530,000—before publicly praising the company on his Truth Social platform, where he claimed Palantir’s tools had “great war‑fighting capabilities.” He later sold up to $5 million of Palantir shares on Feb. 10 and made additional sales over the next two weeks, while also acquiring sizable positions in other tech giants such as Nvidia, Apple, Amazon, Microsoft, ServiceNow, Workday, Oracle and Broadcom. According to the U.S. Office of Government Ethics, Trump’s investments are managed in fully discretionary, third‑party accounts that make all decisions independently, with the president and his organization having no role in selecting or approving individual trades. Read more: https://www.cnbc.com/2026/05/15/trump-palantir-stock-truth-social.html #DonaldTrump #Palantir #TruthSocial #MichaelBurry #TrumpOrganization
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 1d ago
The Daily Beast Latest Articles | Eric Trump Has Epic Meltdown at Primetime TV Host by William Vaillancourt AI generated summary, Read the full article for complete information. Eric Trump announced on X that he will sue former White House press secretary Jen Psaki and her network MS NOW for “blatant lies” after Psaki claimed on a Wednesday night monologue that he was on the board of ALT5, was involved in a merger, and had business interests in China; Trump, an executive vice‑president of the Trump Organization, flatly denied any current or past role with ALT5, any Chinese investments, or participation in business discussions during the President’s China trip, saying he was there solely as a supportive son. Psaki’s remarks referenced a New York Times report about a possible Justice Department‑IRS settlement shielding the Trump family from audits, cited a Financial Times story alleging a fintech venture linked to the Trump family was exploring a deal with a Chinese chipmaker, and highlighted prior contracts secured by the Trump sons with the Pentagon, suggesting potential conflicts of interest. The article details both sides’ statements but contains no additional commentary beyond the dispute over the alleged business ties and the threatened lawsuit. Read more: https://www.thedailybeast.com/eric-trump-has-epic-meltdown-at-primetime-ms-now-host-jen-psaki/ #EricTrump #JenPsaki #DonaldTrump #FinancialTimes #TrumpOrganization #LaraLea
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 1d ago
The Daily Beast Latest Articles | Billionaire Trump Blows Deadline to Disclose Stock Trades Worth Millions by Wiktoria Gucia AI generated summary, Read the full article for complete information. President Donald Trump was fined $200 twice in 2024 for failing to disclose stock trades on time, violating a federal rule that requires any transaction over $1,000 to be reported within 45 days; the fines came after the U.S. Office of Government Ethics revealed that he had not reported several large trades. The 79‑year‑old president, whose net worth is estimated at $6.5 billion, disclosed at least $220 million in financial transactions this year, including purchases of Nvidia stock shortly before a deal with Meta that boosted the share price, and buying and selling millions of dollars in Microsoft and Amazon shares around the time the Pentagon announced plans to use their technology. Critics note that 88 percent of the public opposes elected officials trading stocks while in office, arguing that such activity creates the appearance of profiting from insider knowledge; Trump’s investments are further scrutinized because they are managed by his sons rather than placed in blind trusts, raising concerns about potential influence over his holdings. Read more: https://www.thedailybeast.com/billionaire-trump-blows-deadline-to-disclose-stock-trades-worth-millions/ #DonaldTrump #ElonMusk #Nvidia #WhiteHouse #TrumpOrganization #KimberlyBenza
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 3d ago
Home - CBSNews.com | Developer scraps Trump Tower Australia plans, citing Iran war AI generated summary, Read the full article for complete information. The $1.1 billion Trump International Hotel and Tower planned for the Gold Coast, Australia, has been cancelled after the developer, Altus Property Group’s CEO David Young, said the Iran war made the Trump brand “toxic” to Australians, prompting the Trump Organization to end the deal and accuse Young of financial defaults; Young denied the accusations, insisting the termination was purely business‑related and not personal, while noting the project could proceed without the Trump name—additionally, a local petition opposing the development has amassed over 140,000 signatures, reflecting widespread discomfort with the Trump brand. Read more: https://www.cbsnews.com/news/trump-tower-australia-scrapped-developer-says-iran-war-trump-brand-toxic/ #DavidYoung #AltusGroup #TrumpOrganization #TomTate #EricTrump #TrumpTower #
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 4d ago
The Daily Beast Latest Articles | DOJ Plots Giant Payout for Trump in His $10B Taxpayer Shakedown by Janna Brancolini AI generated summary, Read the full article for complete information. The Department of Justice is reportedly weighing a pre‑briefing settlement that could give former President Donald Trump a taxpayer‑funded windfall before a judge decides whether to dismiss his $10 billion lawsuit against the Internal Revenue Service, which he filed after leaked tax returns were released by a former IRS contractor. The judge has ordered both sides to submit briefs by May 20, and DOJ officials – led by former Trump defense attorney Todd Blanche – are said to be considering paying Trump a portion of the requested sum (potentially doubling his net worth) and having the IRS drop any audits of Trump, his family and businesses. Legal analysts warn that even if a judge later deems the settlement collusive or made in bad faith, she may lack authority to block the payment or related benefits. The case is viewed as weak, given that the contractor who leaked the returns was convicted, and similar suits have been settled without government damages, while Trump simultaneously pursues other lawsuits against the DOJ and faces additional legal judgments. Read more: https://www.thedailybeast.com/doj-plots-giant-payout-for-donald-trump-in-his-10b-irs-lawsuit-taxpayer-shakedown/ #DOJ #DonaldTrump #TrumpOrganization #IRS #ToddBlanche #CharlesLittlejohn
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 4d ago
The Daily Beast Latest Articles | ‘Toxic’ Trump Tower Deal Goes Up in Flames in Ally Country by Cameron Adams AI generated summary, Read the full article for complete information. The proposed 91‑story Trump Tower in Surfers Paradise on Queensland’s Gold Coast – touted as Australia’s tallest building and featuring luxury apartments priced around $2.5 million – has been cancelled after developers cited the “toxic” Trump brand, heightened Middle‑East tensions and Donald Trump’s damaged reputation, while the Trump Organization blamed Altus Property Group for failing to meet licensing obligations and basic financial commitments; over 120,000 Australians signed petitions against the project, and the tower’s removal from the Trump Organization’s website underscores that the venture will not proceed for now. Read more: https://www.thedailybeast.com/toxic-trump-tower-deal-goes-up-in-flames-in-ally-country/ #TrumpTower #EricTrump #Altus #TrumpOrganization #DonaldTrump #DavidYoung
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 4d ago
The New Republic | Trump’s China Entourage Shows Just How Blatant His Corruption Is by Edith Olmsted AI generated summary, Read the full article for complete information. President Donald Trump flew to China accompanied by his son Eric, daughter‑in‑law Lara, and a roster of more than a dozen top American CEOs—including Elon Musk, Tim Cook, Larry Fink and Boeing’s Kelly Ortberg—who hope the summit with President Xi will secure business favors; critics say the trip exemplifies blatant corruption, noting Eric Trump’s lucrative real‑estate deals and the Trump Organization’s past $5.5 million Chinese spending, while other reports from the same day detail Trump’s dismissive remarks that Americans’ financial hardships “don’t even a little bit” motivate his Iran‑war negotiations, the contentious Senate hearing where FBI Director Kash Patel clashed over alleged drinking problems, an ICE raid that mistakenly detained a U.S. citizen despite his Real ID, and a proposed $1 billion White House ballroom project that would siphon taxpayer money into extensive security upgrades. Read more: https://newrepublic.com/post/210329/donald-trump-china-entourage-corruption #DonaldTrump #EricTrump #TrumpOrganization #foreignpolicy #LaraTrump #ElonMusk #TimCook #LarryFink #XiJinping #HunterBiden #RevaGoujon #BrettRatner
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TheBadPlace
The Bad Place
@TheBadPlace@mastodon.ozioso.online · 4d ago
The Daily Beast Latest Articles | Trumps Sign Mega Tower Deal With Firm Tied to Sanctioned Pro-Putin Billionaire by Will Neal AI generated summary, Read the full article for complete information. President Donald Trump’s sons are advancing a new 70‑story luxury development, Trump Tower Tbilisi, which would become Georgia’s tallest building, and have enlisted two controversial partners: the Tbilisi‑based Archi Group, which is linked to sanctioned pro‑Kremlin billionaire and former Georgian prime minister Bidzina Ivanishvili, and the New York‑based Sapir Organization, founded by the late Tamir Sapir—an alleged front for Russian organized‑crime money who was once investigated by the FBI. The project, first reported by the Wall Street Journal, has drawn fresh conflict‑of‑interest scrutiny on the Trump Organization, already under fire for lucrative crypto deals and Middle‑East real‑estate ventures, and highlights the family’s pattern of partnering with firms tied to Russian interests despite extensive U.S. sanctions and investigations. Read more: https://www.thedailybeast.com/trumps-sign-mega-tower-deal-with-firm-tied-to-sanctioned-pro-putin-billionaire/ #DonaldTrump #EricTrump #BidzinaIvanishvili #TrumpOrganization #ArchiGroup #DonaldTrumpJr #IliaTsulaia #TamirSapir
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