by on February 9, 2018
Hurricane Maria left her atelier without power. Her seamstresses lost everything and her house flooded. But Puerto Rican designer Stella Nolasco put tragedy behind her to bring a color and optimism to New York Fashion Week, laced with a clear political message. She was just starting to prepare for her fall/winter 2018 collection when the monster storm tore through the island on September 20, devastating the US territory and leaving Puerto Rico without power or telecommunications for months. ...
2.9k+ views 0 likes
by on August 23, 2018
Republican megadonors Sheldon and Miriam Adelson gave $25 million last month to the Senate Leadership Fund, the flagship super PAC charged with keeping the Senate in Republican hands, according to a new filing with the Federal Election Commission. The contributions are the first the Las Vegas casino magnate and his wife have made this cycle to the super PAC, which is closely aligned with Senate Majority Leader Mitch McConnell. The Adelsons gave $30 million in May to the Congressional Leadersh...
2.6k+ views 0 likes
by on May 14, 2018
The Grand Concourse in the Bronx. For lifelong Bronx resident Leette Eaton-White, the first sign of her neighborhood's transformation came by way of her local supermarket. It was there on a shelf that the 31-year old college administrator noticed Method, an organic (and relatively pricey) line of cleaning products. "I had only seen them in Manhattan or Westchester previously," White, who lives in the Northern Bronx's Edenwald section, told CNBC recently in an email. "I instantly tho...
2.5k+ views 0 likes
by on July 25, 2018
A federal judge on Wednesday rejected President Trump’s latest effort to stop a lawsuit that alleges Trump is violating the Constitution by continuing to do business with foreign governments. The ruling, from U.S. District Judge Peter J. Messitte in Greenbelt, Md., will allow the plaintiffs — the attorneys general of Maryland and the District of Columbia — to proceed with their case, which says Trump has violated little-used anti-corruption clauses in the Constitution known as the emolume...
2.1k+ views 0 likes
by on May 10, 2018
Novartis CEO Vasant Narasimhan sent an internal email to employees after the pharmaceutical giant revealed it paid the company of President Trump's lawyer, Michael Cohen, $1.2 million. "We made a mistake in entering into this engagement and, as a consequence, are being criticized by a world that expects more from us," Narasimhan wrote. In a Wednesday statement, Novartis said it entered a one-year agreement with Cohen for guidance on how the Trump administration would approach health-c...
1.8k+ views 0 likes
by on February 24, 2018
Attorneys general of Maryland and the District of Columbia on Friday expanded their lawsuit accusing President Trump of accepting gifts from foreign and state governments, suing him not only as president but in his personal capacity as a businessman. Legal experts say the move takes the "emoluments" clause of the Constitution into uncharted legal waters, since it has been interpreted as only applying to presidents in their official capacity. "The conventional understanding is that on...
1.7k+ views 0 likes
by on May 23, 2018
Ukrainian leader Petro Poroshenko (left) meets US President Donald Trump at the White House in June 2017 Donald Trump's personal lawyer, Michael Cohen, received a secret payment of at least $400,000 (£300,000) to fix talks between the Ukrainian president and President Trump, according to sources in Kiev close to those involved. The payment was arranged by intermediaries acting for Ukraine's leader, Petro Poroshenko, the sources said, though Mr Cohen was not registered as a representati...
1.4k+ views 0 likes
by on June 28, 2018
A search warrant application unsealed on Wednesday revealed closer links than previously known between President Donald Trump’s former campaign manager Paul Manafort and a Russian oligarch with close ties to the Kremlin. Paul Manafort, former campaign manager for U.S. President Donald Trump, departs after a hearing at U.S. District Court in Washington, DC, U.S., April 19, 2018. In an affidavit attached to the July 2017 application, an FBI agent said he had reviewed tax returns for a co...
1.3k+ views 0 likes
by on September 11, 2018
How Bruce Ohr, President Trump’s latest Twitter target, fits a suspicious pattern of behavior on Russia. President Trump with President Putin in Helsinki in July. Trump’s odd affinity for Russia continues to cause him trouble. Donald Trump has a long history of doing what he thinks is best for Donald Trump. If he needs to discard friends, allies or wives along the way, so be it. “I’m a greedy person,” he has explained. It’s important to keep this trait in mind when trying to make se...
1.3k+ views 0 likes
by on January 30, 2018
From left: Warren E. Buffett of Berkshire Hathaway, Jeff Bezos of Amazon and Jamie Dimon of JPMorgan Chase Amazon, Berkshire Hathaway, and JPMorgan Chase on Tuesday announced a partnership to cut health-care costs and improve services for their U.S. employees. The announcement slammed the shares of multiple companies in the health-care sector. The giant companies, which together employ more than 1.1 million workers, will launch an independent operation that's intended to be f...
1k+ views 0 likes
by on June 19, 2018
Amid President Trump’s headaches confirming cabinet secretaries, from neophyte Rex Tillerson to conflict-prone Scott Pruitt to unprepared Betsy DeVos, all of whom squeezed through, Wilbur Ross was a tonic. With his blue power suit and decades of dealmaking, he had the look and the résumé of a commerce secretary. And unlike his boss, Ross promised to divest from almost all his holdings upon entering government, drawing bipartisan praise en route to an easy confirmation. “You have really made ...
996 views 0 likes
by on May 30, 2018
Wall Street’s long campaign to chip away at the toughest trading restriction imposed on banks after the financial crisis is finally paying off under President Donald Trump. The Federal Reserve Board, now led by Trump appointees, on Wednesday took the most concrete step yet to roll back the Volcker Rule, which was key to Washington’s efforts to make the industry safer after the 2008 meltdown. Fed governors voted 3-0 to seek comment on proposed changes, kicking off an administrative process...
977 views 0 likes