Page 30 - Us Presidential Elections

Trump's social media firm starts trading on Nasdaq with a mcap of $6.8 bn

As Donald Trump's social media company begins trading publicly Tuesday, would-be investors might ask themselves if the stock is too pricey and potentially too volatile. Trump Media & Technology Group Corp. was acquired Monday by a blank-check company called Digital World Acquisition Corp. Trump Media, which runs the social media platform Truth Social, now takes Digital World's place on the Nasdaq stock exchange. Trump Media debuts with a stock price near USD 50 and a market value of about USD 6.8 billion. Many of Digital World's investors were small-time investors either trying to support Trump or aiming to cash in on the mania, instead of big institutional and professional investors. Those shareholders helped the stock more than double this year in anticipation of the merger going through. They're betting on a company that has yet to turn a profit. Trump Media lost USD 49 million in the first nine months of last year, when it brought in just USD 3.4 million in revenue and had to .

Donald Trump to face jurors in April before facing US voters in November

One of Trump's fundraising groups spent $5.5 million on legal fees in February, draining money from his efforts to win the election

Republican donors sought to help fund Trump bond in civil fraud case

Prez Trump needs to pay a bond in a New York civil case in which he was found liable for fraudulently inflating his net worth by billions of dollars to secure better loans and insurance terms

Trump's net worth hits $6.5 bn, making him one of world's 500 richest

The figure, which has consistently been below Trump's own estimates, is based on ethics disclosures required for presidential candidates

Highlights: BJP releases new list for LS; Kangana, Naveen Jindal nominated

From AAP's plans to launch protests across the capital to Bengal BJP leader Suvendu Adhikari complaining to EC against TMC, catch all the latest updates from around the world here

Biden, Trump win Louisiana primary having already clinched nominations

US President Joe Biden and former President Donald Trump won Louisiana's primary on Saturday, collecting more delegates after they already clinched their party nominations. Biden also appeared in Missouri's Democratic primary, with results not expected to be reported until next week. None of the races were in suspense. Biden and Trump have already beaten their major competitors. But the primary races are still closely watched by insiders for turnout and signs of protest voters. For Biden, some liberals are registering their anger with Israel's war against Hamas following the militant group's October 7 attack. More than 30,000 people, two-thirds of them women and children, have been reported killed by Gaza authorities since Israel launched its offensive. A protest movement launched by Arab American communities in Michigan has spread to several other states. Trump is his party's dominant figure and has locked up a third straight Republican nomination. But he faces dissent from people

Prez Biden signs $1.2 trn package after Senate''s early-morning approval

President Joe Biden on Saturday signed a $1.2 trillion package of spending bills after Congress had passed the long overdue legislation just hours earlier, ending the threat of a partial government shutdown. The White House said Biden signed the legislation at his home in Wilmington, Delaware, where he was spending the weekend. It had cleared the Senate by a 74-24 vote shortly after funding had expired for the agencies at midnight. But the White House had sent out a notice shortly after the deadline announcing that the Office of Management and Budget had ceased shutdown preparations because there was a high degree of confidence that Congress would pass the legislation and the president would sign it Saturday. It took lawmakers six months into the current budget year to get near the finish line on government funding, the process slowed by conservatives who pushed for more policy mandates and steeper spending cuts than a Democratic-led Senate or White House would consider. The impasse

Trump's social media company to go public, likely listing on Nasdaq

Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. Shareholders of Digital World Acquisition Corp, a publicly traded shell company, approved a deal to merge with the Trump's media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market. Trump is set to own most of the combined company or nearly 79 million shares. Multiply that by Digital World's closing stock price Friday of USD 36.94, and the total value of his stake could be nearly USD 3 billion. The greenlight arrives at a time the presumptive Republican presidential nominee is facing his most costly legal battle to date: a USD 454 million judgment in a fraud lawsuit. But Trump won't be able to cash out the deal's windfall immediately, unless the company's board makes changes to a lock-up provision that prevents company insiders ...

Biden, Trump notch wins in Tuesday primaries, other races to offer hints

President Joe Biden and former President Donald Trump have won their party's presidential primaries in Ohio, banking more support after becoming their parties' presumptive nominees last week. In addition to Ohio's contest, Trump is expected to easily win GOP primaries in Arizona, Florida, Illinois, and Kansas. Biden is expected to do the same in all those states except Florida, where Democrats cancelled their primary and opted to award all 224 of their delegates to Biden. That's not an unusual move for a party with an incumbent in the White House seeking reelection. Trump, a Florida voter, cast his ballot at a recreation centre in Palm Beach on Tuesday and told reporters, "I voted for Donald Trump." Other races outside of the presidency could provide insight into the national political mood. Ohio's Republican Senate primary pits Trump-backed businessman Bernie Moreno against two challengers, Ohio Secretary of State Frank Frank LaRose and Matt Dolan, whose family owns the Cleveland .

US elections: Trump making Jan 6 attack a cornerstone of his bid for WH

Republican Donald Trump has launched his general election campaign not merely rewriting the history of the Jan. 6, 2021, Capitol attack, but positioning the violent siege and its failed attempt to overturn the 2020 election as a cornerstone of his bid to return to the White House. At a weekend rally in Ohio, his first as the presumed Republican Party presidential nominee, Trump stood onstage, his hand raised in salute to the brim of his red MAGA hat, as a recorded chorus of prisoners in jail for their roles in the Jan. 6 attack sang the national anthem. An announcer asked the crowd to please rise for the horribly and unfairly treated January 6th hostages. And people did, and sang along. They were unbelievable patriots, Trump said as the recording ended. Having previously vowed to pardon the rioters, he promised to help them the first day we get into office. Initially relegated to a fringe theory on the edges of the Republican Party, the revisionist history of Jan. 6, which Trump .

Trump endorses Ohio candidate Derek Merrin just hours before polls open

Former President Donald Trump has issued a last-minute endorsement in a highly sought northwest Ohio congressional district, backing state Rep. Derek Merrin over a rival Republican whom Trump's closest ally in the state has described as "a rock-solid conservative". Trump's decision on Monday came about 18 hours before polls were set to open on Ohio's primary election and less than 48 hours after Trump campaigned in the state on behalf of Cleveland businessman Bernie Moreno, his pick for US Senate. "Derek Merrin is an incredible America First Patriot who is running for Congress in Ohio's 9th District against a RINO, Craig Riedel, who is no friend of MAGA," Trump wrote on his Truth Social platform. "As your next Congressman, Derek will fight hard to Secure our Border, Stop Inflation, Support our Military / Vets, and Protect our always under siege Second Amendment." House Speaker Mike Johnson, R-La., tapped Merrin, 38, as his pick to take on Democratic incumbent Marcy Kaptur, 77, the

Who is Robert F Kennedy Jr, why is he running in US presidential race?

The lack of excitement many Americans feel about a presidential rematch has heightened interest in alternatives to the major-party candidates, none more so than Robert F. Kennedy Jr., whose famous name has helped him build buzz for his independent bid. Kennedy is a huge longshot to win Electoral College votes, much less the presidency. But his campaign events have drawn large crowds of supporters and people interested in his message. He plans to announce his vice presidential nominee later this month in Oakland, California, and is stoking expectations that he might pick New York Jets quarterback Aaron Rodgers or former Minnesota Gov. Jesse Ventura. Here is a look at his campaign and what he's stood for: Who is RFK Jr? Kennedy, 70, is a member of perhaps the nation's most famous political dynasty. His uncle was President John F. Kennedy. His father served as attorney general and a U.S. senator before seeking the Democratic nomination for president. Both were assassinated. RFK Jr. b

US polls: Trump threatens 100% tariffs on Mexican-made cars by China firms

Trump addressed Chinese President Xi Jinping directly during a rally speech in Dayton, Ohio on Saturday when threatening the tariffs

Not endorsing Trump for 2024 elections, says former VP Mike Pence

Former Vice President Mike Pence says he will not be backing Donald Trump in the 2024 election. It should come as no surprise that I will not be endorsing Donald Trump this year," Pence said in an interview with Fox News Channel on Friday, weighing in for the first time since the former president became the presumptive GOP nominee. Pence ran against Trump for their party's nomination but dropped his bid before voting began last year. The decision makes Pence the latest in a series of senior Trump administration officials who have declined to endorse their former boss's bid to return to the Oval Office. While Republican members of Congress and other GOP officials have largely rallied behind Trump, a vocal minority has continued to oppose his bid. It also marks the end of a metamorphosis for Pence, who had long been seen as one of Trump's most loyal defenders but broke with his two-time running mate by refusing to go along with Trump's unconstitutional scheme to try to remain in power

Highlights of the day: PM Modi prays for best health for Mamata Banerjee

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Robert F Kennedy Jr to announce VP running mate on March 26 in California

Robert F. Kennedy Jr plans to announce a running mate for his independent presidential campaign on March 26 in Oakland, California, his campaign said on Tuesday. The campaign did not say whom Kennedy will pick, but he told The New York Times this week that NFL quarterback Aaron Rodgers and former Minnesota Gov. Jesse Ventura are among the frontrunners. Kennedy is making an unusually early announcement because of ballot access rules in many states that require independent candidates to name their vice presidential nominees before they can begin the process. Ballot access for independent candidates is an expensive and time-consuming endeavour, with rules varying vastly across states. Kennedy's father was attorney general for the candidate's uncle, President John F. Kennedy. He began his presidential campaign as a primary challenge to Democratic President Joe Biden but later changed gears to run as an independent. His bid for the presidency, along with his embrace of conspiracy theorie

US Presidential elections 2024: Biden, Trump clinch nominations in contest

Joe Biden and Donald Trump hope to clinch their parties' presidential nominations with dominant victories in a slate of state primaries on Tuesday as the 2024 fight for the White House moves into a new phase. Neither Biden, a Democrat, nor Trump, a Republican, faces significant opposition in primary contests across Georgia, Washington state, Mississippi and Hawaii. The only question is whether they will earn the necessary delegates in each state to hit the 50 per cent national threshold to become their parties' presumptive nominees. Whether it happens Tuesday night or in the coming days, the 2024 presidential contest is on the verge of a crystallising moment for a nation uneasy with its choices this fall. There is no longer any doubt that the general election will feature a rematch between two flawed and unpopular presidents. And that rematch the first featuring two previous US presidents since 1912 will almost certainly deepen the nation's searing political and cultural divides ..

Prez Biden wins enough delegates to clinch 2024 Democratic nomination

President Joe Biden, who took office aiming to steady a nation convulsed by the coronavirus pandemic and the January 6 insurrection, clinched a second straight Democratic nomination Tuesday and set up an all-but-certain rematch with the predecessor he blames for destabilizing the country. Biden became his party's presumptive nominee when he won enough delegates in Georgia. That pushed Biden's count past 1,968 for a majority of delegates to the Democratic National Convention in Chicago this August, where his nomination will be made official. Former President Donald Trump is expected to clinch the Republican nomination shortly. Biden, who mounted his first bid for president 37 years ago, did not face any serious Democratic challengers to his run for reelection at age 81. That's despite facing low approval ratings and a lack of voter enthusiasm for his presidency driven in part by his age. Just 38 per cent of US adults approve of how Biden is handling his job as president while 61% ..

Trump wants his trial delayed until Supreme Court rules on immunity claims

Donald Trump is seeking to delay his March 25 hush money trial until the Supreme Court rules on the presidential immunity claims he raised in another of his criminal cases. The Republican former president's lawyers on Monday asked Manhattan Judge Juan Manuel Merchan to adjourn the New York criminal trial indefinitely until Trump's immunity claim in his Washington, DC, election interference case is resolved. Merchan did not immediately rule. Trump contends he is immune from prosecution for conduct alleged to involve official acts during his tenure in office. His lawyers argue some of the evidence and alleged acts in the hush money case overlap with his time in the White House and constitute official acts. The Supreme Court is scheduled to hear arguments April 25, a month after the scheduled start of jury selection in Trump's hush money case. It is the first of his four criminal cases slated to go to trial as he closes in on the Republican presidential nomination in his quest to retak

President Biden raises $10 mn in 1 day after his State of the Union speech

The fundraising haul is notable given the Biden campaign and his Democratic Party allies raised over $42 million in the entire month of January