• Loan

    Trump Received ‘Preferential Treatment’ on Loan From Deutsche Bank: House Oversight

    Deutsche Bank gave Trump “undisclosed preferential treatment” on a $170 million loan for his DC hotel, the House Oversight Committee said.  The German bank allowed Trump to delay making principal payments on the loan, the committee said.  “Trump did not publicly disclose this significant benefit from a foreign bank while he was President,” the committee said. Loading Something is loading. Former President Donald Trump “received undisclosed preferential treatment” on a $170 million loan from the German financial institution Deutsche Bank on his Washington, DC, hotel that he “personally guaranteed,” the House Oversight Committee said on Friday.  The committee’s findings are  

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  • Business Abbreviations

    Investigators reportedly approaching Trump Org. as if it were a mafia family

    Prosecutors appear to be treating their investigation of former President Donald Trump’s business empire as if it were a mafia family, according to several reports out this week.  Manhattan District Attorney Cy Vance is likely considering criminal charges centered around the idea that the Trump Organization is a “corrupt enterprise” under a New York state racketeering statute resembling the federal RICO law — an abbreviation for the Racketeering Influenced and Corrupt Organizations Act, which was passed in 1970 to crack down on pervasive organized crime — several legal experts and former prosecutors told Politico. “No self-respecting state white-collar prosecutor  

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  • Business News

    Southwest Virginia business owners face backlash for attending Trump rally

    ROANOKE, Va. – At least two local restaurant owners are facing backlash for attending President Trump’s rally in Washington, D.C. on Wednesday. The dust is still settling after one of the most historic days in America and now some locals are calling out their neighbors for being in Washington, D.C. the day chaos went down. Sarah Davis is one of those hundreds of people who commented on Jon Bernard’s personal Facebook page. Bernard owns Bernard’s Gastropub in downtown Roanoke. He traveled from Roanoke to attend the rally with his wife. “I do feel very uncomfortable going to a restaurant that  

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  • Business News

    In the midst of the Capitol siege, Trump tried calling Tommy Tuberville but got the wrong senator

    Tommy Tuberville, the football coach turned senator who now seems to be the most popular wrong number in Washington. AP Photo/John Minchillo, File It seems that nobody can get Sen. Tommy Tuberville of Alabama on the first try. On Wednesday, President Donald Trump’s personal lawyer Rudy Giuliani left a long, rambling, and rather revealing voicemail that was meant for Tuberville but instead was sent to a different, unnamed politician. The voicemail, which urged Tuberville to slow down the Electoral College vote certification as much as possible, was sent to The Dispatch and transcribed in full. It seems President Donald Trump  

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  • Business News

    After Riot, Business Leaders Reckon With Their Support for Trump

    Big business struck a Faustian bargain with President Trump. When he said something incendiary or flirted with authoritarianism, high-minded chief executives would issue vague, moralizing statements and try to distance themselves from a pro-business president who coveted their approval. But when Mr. Trump cut taxes, rolled back onerous regulations or used them as props for a photo op, they would applaud his leadership and grin for the cameras. After Wednesday’s events on Capitol Hill, the true cost of that balancing act was plain to see, even through the tear gas wafting in the rotunda. The executives who stood by Mr.  

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