Donald Trump's namesake company and longtime financial chief pleaded not guilty on Thursday to criminal charges in a sweeping indictment, arising from a probe into the former U.S. president's company and its business practices.
Donald Trump's longtime chief financial officer Allen Weisselberg and lawyers for the former U.S. president's company walked out of Manhattan Criminal Court on Thursday after pleading not guilty to what New York prosecutors called "a sweeping and audacious illegal payment scheme." NEW YORK ATTORNEY GENERAL LETITIA JAMES: "The indictment speaks for itself." The Trump Organization and Weisselberg were charged with 15 criminal counts, including tax fraud and falsifying business records, in an alleged scheme that stretches back to 2005 to defraud federal, state and local tax authorities by awarding "off the books" benefits to company executives to avoid paying taxes.
TRUMP LAWYER ALAN FUTERFAS: "We're certainly hopeful that there will not be significant effects." Lawyers for the Trump Organization told reporters that the company was "very optimistic" the indictment would not significantly hurt the former president's business, and claimed repeatedly that the still-ongoing investigation was politically motivated.
FUTERFAS: "If the name of this company was something else, I don't think these charges would have been brought." Prosecutors said at Thursday's arraignment that the alleged scheme "was orchestrated by the most senior executives who were financially benefiting themselves and the company." According to the indictment, Weisselberg, who has worked for Trump for 48 years, allegedly concealed more than $1.7 million in income including rent for a Manhattan apartment, lease payments for two Mercedes Benz vehicles and tuition for family members.
While Trump himself was not charged, the case could complicate what appears to be a likely 2024 White House run.
The former president, who has denied wrongdoing, said in a statement: "The political Witch Hunt by the Radical Left Democrats, with New York now taking over the assignment, continues.
It is dividing our Country like never before!" Trump also faces at least 17 other investigations and lawsuits, including a criminal probe into whether Trump tried to improperly influence Georgia election officials in last year's vote.
Donald Trump managed a partial victory in the Supreme Court today, as justices delayed any potential decision on his immunity case over election riots. Sky News
Trump’s Civil Fraud Judgement Bond , Is Reduced to $175 Million.
On March 25, a New York appeals court told Donald Trump that if he can pay $175 million within 10 days.
collection of his $454 million civil fraud judgement will be paused, AP reports. .
The payment would also stop the state from seizing any of Trump's assets during the appeals process. .
A previous ruling that Trump and his sons, Eric and Donald Trump Jr., couldn't serve in corporate leadership for a number of years was also reversed. .
The order, a significant victory for the former president, came just before Attorney General Letitia James was about to begin the process of collecting the judgement, AP reports. .
The order, a significant victory for the former president, came just before Attorney General Letitia James was about to begin the process of collecting the judgement, AP reports. .
The presumptive Republican presidential nominee praised the ruling and criticized Judge Arthur Engoron's initial ruling.
What he’s done is such a
disservice and should never
be allowed to happen again, Donald Trump, via statement.
So I greatly respect the decision
of the Appellate Division, and I’ll post
either $175 billion in cash or bonds
for security or whatever is necessary,
very quickly, within the 10 days. , Donald Trump, via statement.
And I thank the Appellate Division
for acting quickly, but Judge Engoron
is a disgrace to this country, and this
should not be allowed to happen, Donald Trump, via statement.
However, James' office points out that the judgement still stands, even if collection is paused. .
Donald Trump is still facing
accountability for his staggering fraud, Letitia James' office, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Harvey Weinstein's guilty verdict in New York was overturned, but there's no way that happens here on the West Coast ... according to the L.A. County D.A.'s.. TMZ.com
Harvey Weinstein's lawyer is saying it's a "great day in America" after the former Hollywood mogul's rape conviction in New York was overturned. Arthur Aidala, Weinstein's lawyer in the appellate case, opened the first press conference after the overturned conviction saying that his team always knew that "Harvey Weinstein did not get a fair trial." The New York state Court of Appeals overturned Weinstein's 2020 rape conviction Thursday, ruling that the judge in the New York County trial was prejudiced against Weinstein because among other things, the court allowed women to testify about allegations that were not part of the case.
Credit: The Hollywood Reporter Duration: 02:41Published
Harvey Weinstein's NYC rape conviction getting overturned has him so elated it's reduced him to tears as he sits in prison. Weinstein's rep Juda Engelmayer tells.. TMZ.com
A UFO seems to have been caught on camera whizzing across the sky above NYC -- at least if you buy what this woman is selling ... which amounts to a nanosecond.. TMZ.com
The New York state Court of Appeals has overturned Harvey Weinstein’s 2020 rape conviction. The court ruled that the judge in the New York County trial prejudiced Weinstein with improper rulings, including allowing women to testify about allegations that were not part of the case. The court ruled that a new trial must take place.
Credit: The Hollywood Reporter Duration: 01:37Published
Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
Aerosmith Announces , Rescheduled ‘Peace Out’ Tour Dates.
The veteran rockers postponed their farewell tour nearly seven months ago after singer Steven Tyler "fractured his larynx," CNN reports. .
The band issued a statement
about Tyler's condition at that time.
To our fans: Unfortunately, Steven’s vocal
injury is more serious than initially thought.
His doctor has confirmed that in addition to
the damage to his vocal cords, he fractured
his larynx which requires ongoing care, Aerosmith, via Facebook.
He is receiving the best medical
treatment available to ensure his recovery
is swift, but given the nature of a fracture,
he is being told patience is essential. , Aerosmith, via Facebook.
As a result, all the currently scheduled
PEACE OUT shows must be postponed
to sometime in 2024, with new dates to
be announced as soon as we know more, Aerosmith, via Facebook.
On April 10, the band took to
Instagram to announce that they are
"thrilled" to have rescheduled tour dates.
The tour will begin Sept. 20 in Pittsburgh, PA.
The 40-date run will
end in Buffalo, NY, on Feb. 26.
The Black Crowes will
serve as the supporting act.
"All previously purchased
tickets will be honored for the
rescheduled shows," Aerosmith said.
The farewell North American tour is
intended to be a celebration of the band's
50 years together, CNN reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
4.8-Magnitude Earthquake , Hits US East Coast.
NBC reports that the East Coast of the United States
was struck by an earthquake on April 5
which was felt from Maryland to Maine.
According to the U.S. Geological Survey,
the earthquake struck just before 10:30 a.m. local
time and was measured at a 4.8-magnitude. .
There were no initial reports
of any major damage.
According to New York Governor
Kathy Hochul, the quake could
be felt across the state. .
My team is assessing impacts
and any damage that may have
occurred, and we will update
the public throughout the day, Kathy Hochul, New York Governor, via NBC.
New Jersey Governor Phil Murphy
said that the state's emergency
operations center had been activated.
New Jersey Governor Phil Murphy
said that the state's emergency
operations center had been activated.
As a result of the quake, the Port
Authority Transit Corp. suspended service
between Pennsylvania and New Jersey. .
Crews will inspect the integrity
of the line out of an abundance
of caution. Once inspection is
complete, service will resume.
No timeframe. Updates to follow, Port Authority Transit Corp. statement, via X.
Meanwhile, New York’s Metropolitan Transportation
Authority said service would not be impacted by the quake,
and teams would be inspecting train lines for damage.
NBC reports that earthquakes are a rare occurrence in
the Northeast, however in February of 2023, Buffalo,
New York, was struck by a 3.8-magnitude quake
Credit: Wibbitz Top Stories Duration: 01:30Published
Trump Can’t Obtain Appeal Bond , in New York Fraud Case.
According to a New York court filing
on March 18, Trump isn't able to secure a
$454 million bond as he appeals a civil business
fraud judgement against him, CNBC reports. .
Trump's attorneys said that getting the bond is "impossible" since it would "effectively" require "cash reserves approaching $1 billion.".
Defendants’ ongoing diligent
efforts have proven that a bond
in the judgment’s full amount
is ‘a practical impossibility.’, Donald Trump's lawyers, via CNBC.
Gary Giulietti, president of the
Northeast division of the Lockton Companies, was hired to help Trump obtain a bond.
Despite scouring the market, we have
been unsuccessful in our effort ... for the
simple reason that obtaining an appeal bond
for $464 million is a practical impossibility
under the circumstances presented, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Simply put, a bond of this
size is rarely, if ever, seen, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
In the unusual circumstance that a bond of
this size is issued, it is provided to the largest
public companies in the world, not to
individuals or privately held businesses, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Giulietti went on to say that a private company would need about $1 billion to put up as collateral to receive a bond of that size. .
While it is my understanding that
the Trump Organization is in a strong
liquidity position, it does not have
$1 billion in cash or cash equivalents, Gary Giulietti, president of the Northeast
division of the Lockton Companies, via CNBC.
Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case
brought against him by writer E. Jean Carroll. .
Meanwhile, Trump secured a $91.6 million bond earlier this month as part of a separate case
brought against him by writer E. Jean Carroll.
Credit: Wibbitz Top Stories Duration: 01:31Published
Go behind closed doors as Kim Kardashian joins Vice President Kamala Harris at the White House for a crucial roundtable discussion on criminal justice reform. Witness their collaborative efforts and passionate advocacy for second chances and meaningful change.
#KimKardashian #KamalaHarris #WhiteHouse #WhiteHouseRoundTable #JoeBiden #TheKardashians #VPKamalaHarris #Oneindia
~PR.274~HT.101~HT.98~GR.122~
Kim Kardashian went back to the White House to advocate for criminal justice reform -- only here, it was with Biden's camp ... proving she's loyal to the cause,.. TMZ.com
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
By mid-afternoon, the Dow had fallen
1.4%, the S&P 500 went down 1.6%,
and the Nasdaq dropped 1.8%.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The warning comes after Iran
accused Israel of a deadly airstrike
on a consulate in Damascus, Syria. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
Brent crude futures jumped up to $90.42
a barrel, and West Texas Intermediate crude
futures increased to $86.65 a barrel.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
CNN reports that Americans' opinions of
the economy have dipped in the past few
months amid persistently high inflation.
The geopolitical fears come as investors are already
contending with concerns that the Federal Reserve could
wait to bring interest rates down from a 23-year high.
Officials at the Fed have signaled that further rate
hikes could still be on the way if the central
bank's efforts to fight inflation stall.
Credit: Wibbitz Top Stories Duration: 01:31Published
House GOP Advances Aid Bills , for Israel, Ukraine and Taiwan.
The foreign aid bills were advanced by a
9-3 vote, thanks to the help of four Democrats on the committee, CBS News reports. .
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Those Democrats are Jim McGovern, Mary Gay Scanlon, Joe Neguse and Teresa Leger Fernández.
Conservatives who voted against the bills,
because border security wasn't lumped in, include Tom Massie, Ralph Norman and Chip Roy. .
Conservatives who voted against the bills,
because border security wasn't lumped in, include Tom Massie, Ralph Norman and Chip Roy. .
A final vote on the foreign aid package
will take place on April 20. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
The three bills would support Israel,
Ukraine and Taiwan with $26.4 billion,
$60.8 billion and $8.1 billion, respectively. .
$9.1 billion of the Israel package would go toward Palestinian humanitarian efforts. .
A fourth bill seeks to allow the sale of Russian oligarchs' assets that have been frozen in order to continue funding Ukraine.
possibly "force the sale of TikTok
and authorize stricter sanctions on Russia, China and Iran," CBS News reports. .
possibly "force the sale of TikTok
and authorize stricter sanctions on Russia, China and Iran," CBS News reports. .
Some far-right Republicans have threatened to remove House Speaker Mike Johnson from his position for supporting additional Ukraine funding.
Johnson defended his actions, calling lethal aid for Ukraine "critically important.".
If I operated out of fear over
a motion to vacate, I would
never be able to do my job, House Speaker Mike Johnson, via statement.
Look, history judges us for what we
do. This is a critical time right now
critical time on the world stage. , House Speaker Mike Johnson, via statement.
I could make a, you know I can make
a selfish decision and do something that, that's different. But I'm doing here
what I believe to be the right thing, House Speaker Mike Johnson, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
South Korea’s Opposition , Dominates Parliamentary Elections.
South Korea's Democratic Party won
"175 seats in the 300-member single-chamber parliament" on April 10, NPR reports.
The ruling right-wing People Power Party became a smaller minority with only 108 seats. .
The outcome is considered to be a blow to conservative President Yoon Suk Yeol.
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
I apologize to the people on behalf
of our party, which wasn’t good
enough to win the people’s choices, Han Dong-hoon, People Power Party leader, via statement.
While Yoon said that he intends to
"humbly uphold" the will of the people
as indicated by the election results, .
it is not known if he will accept his
staff's offers to resign. .
Lee Jae-myung, the Democratic Party leader who
is considering running for president again, .
said there is a need for both parties to
"pull together" to "resolve economic
and public livelihood problems.".
The results of the parliamentary
elections are not the victory by
the Democratic Party, but the
great victory by our people, Lee Jae-myung, the Democratic Party leader.
Now, the elections are over. Both
the ruling and opposition political
parties must pull together all their
strength to resolve economic and
public livelihood problems, Lee Jae-myung, the Democratic Party leader.
According to the National Election Commission, voter turnout reached its
highest level in over three decades for
a parliamentary election, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Donald Trump Says States , Should Decide Abortion Legislation.
On April 8, the former president set
the record straight about where he
stands on abortion rights, CNN reports. .
My view is now that we have abortion
where everyone wanted it from a legal
standpoint, the states will determine by
vote or legislation, or perhaps both. , Donald Trump, via Truth Social video.
And whatever they decide must
be the law of the land. In this
case, the law of the state, Donald Trump, via Truth Social video.
Many states will be different. Many will
have a different number of weeks, or
some will have more conservative than
others, and that’s what they will be. , Donald Trump, via Truth Social video.
At the end of the day, this is all
about the will of the people, Donald Trump, via Truth Social video.
Trump also said he was "proudly the
person responsible" for Roe v. Wade
being overturned in 2022.
He went on to say that the decision removed the issue from "federal hands and brought it into the hearts, minds and vote of the people in each state.".
Susan B. Anthony Pro-Life America President Marjorie Dannenfelser said that her organization was "deeply disappointed"
by what Trump had to say, CNN reports. .
Saying the issue is ‘back to the states’
cedes the national debate to the Democrats
who are working relentlessly to enact
legislation mandating abortion throughout
all nine months of pregnancy. , Marjorie Dannenfelser, Susan B. Anthony Pro-Life
America president, via statement.
If successful, they will wipe
out states’ rights. , Marjorie Dannenfelser, Susan B. Anthony Pro-Life
America president, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
A recent poll suggests that Donald Trump holds a lead over Joe Biden in six of the seven swing states, with margins ranging from 2 to 8 percentage points. Negative perceptions of Biden's performance outweigh positive ones in several states, while Trump is seen as a better fit for the presidential role, particularly regarding mental and physical health.
#DonaldTrump #JoeBiden #BidenvsTrump #Trump #USelections #PresidentialElections2024 #USelections2024 #Biden2024 #Trump2024 #Worldnews #Oneindia #Oneindianews
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