Bloomberg

Amid Calls To Divest, Trump Hotels To Triple US Locations

The expansion — which has the potential to benefit from Trump’s actions and profile as president — could spark further controversy. Democratic lawmakers have also called on Trump to divest his businesses to avoid conflicts of interest, and he has refused to do so.

January 26th, 2017

By Bloomberg

Amid Calls To Divest, Trump Hotels To Triple US Locations

(REPORT) --- Only days after Donald Trump took the oath of office, the head of his hotel-management company outlined hopes for an ambitious expansion across the U.S., raising new questions about potential conflicts between his business and the presidency. Trump Hotels Chief Executive Officer Eric Danziger suggested the company’s

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John McCain-Linked Nonprofit Received $1 Million From Saudi Arabia

“Foreign governments are prohibited from financing candidate campaigns and political parties,” Craig Holman, the government affairs lobbyist for ethics watchdog Public Citizen, said. “Funding the lawmakers’ nonprofit organizations is the next best thing.”

April 01st, 2016

By Bloomberg

John McCain-Linked Nonprofit Received $1 Million From Saudi Arabia

A nonprofit with ties to Senator John McCain received a $1 million donation from the government of Saudi Arabia in 2014, according to documents filed with the U.S. Internal Revenue Service. The Arizona Republican has strictly honorary roles with the McCain Institute for International Leadership, a program at Arizona State University, and its

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Food Stamps Still Feed One In Seven Americans Despite Recovery

Participation in the food stamps program near record levels even as unemployment declines.

February 04th, 2016

By Bloomberg

Food Stamps Still Feed One In Seven Americans Despite Recovery

Wendee Crofoot lost her job as a fundraiser for a non-profit in 2011. After exhausting her savings and giving up her Mountain View, California, apartment she ended up working part-time as a restaurant cashier.

The low pay qualified her for food stamps, so she signed up. “It wasn’t something I imagined would

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Taxpayers May Be Funding Billionaires’ Biggest Apartment Deals

Fannie Mac, Freddie Mac’s and other firms that caused the 2008 economic crash are engaging in the same destructive behavior that many Americans are still struggling to recover from.

November 09th, 2015

By Bloomberg

Taxpayers May Be Funding Billionaires’ Biggest Apartment Deals

Who do billionaires turn to when they want to buy apartment complexes? The U.S. taxpayer. Barry Sternlicht’s Starwood Capital Group and Stephen Schwarzman’s Blackstone Group LP are in talks with Freddie Mac to finance two transactions totaling more than $10 billion, according to people with knowledge of the negotiations. Those discussions come

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Despite Dismal Human Rights Record, US Approves $11.25 Billion Warship Sale To Saudi Arabia

The U.S. defense agency said in the statement. “Saudi Arabia will use the enhanced capability to keep pace with the rapid advances in technology and to remain a viable U.S. coalition partner in the region.”

October 21st, 2015

By Bloomberg

Despite Dismal Human Rights Record, US Approves $11.25 Billion Warship Sale To Saudi Arabia

The Pentagon has notified Congress of a planned sale to Saudi Arabia of as many as four Littoral Combat Ships made by Lockheed Martin Corp. for $11.25

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White House Finalizing Plan To Close Guantanamo

Shutting the detention facility has long been a priority for the president.

July 23rd, 2015

By Bloomberg

The Obama administration is nearing completion of a plan to close the U.S. military prison at Guantanamo Bay, Cuba, that it will then send to Congress, White House Press Secretary Josh Earnest said. The plan will shutter the facility in a safe and responsible way, Earnest told reporters on Wednesday. President Barack Obama, who leaves office

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Monster El Niño Makes Record-Hot Year Look Inevitable

In more than 135 years of global temperature data, four of the five hottest months on record all happened in 2015.

July 21st, 2015

By Bloomberg

This is a new kind of heat. In more than 135 years of global temperature data, four of the five hottest months on record all happened in 2015: February, March, May, and now June. This has been the hottest start to a year by far, according to data released

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