The New York attorney general is investigating the former president for manipulating the value of his properties in ways that benefit him. It’s something we’re familiar with at Forbes, because Trump tried to mislead us about his financial information for decades. This is the first in a series of stories digging deeper into the numbers. H ow much cash does Donald Trump have? He’s often said he has a lot . At times he’s said he had a little . Some say he’s flat broke. Of the former president’s more than two dozen holdings , much of them tough-to-value real estate, his pile of cash and liquid assets should be the easiest to pin down—you just add up the balances on his account statements. But Trump doesn’t share those publicly, and his government financial disclosures only required him to list his cash and investments in broad, imprecise ranges . So, the exact size of Trump’s cash pile has always been something of a closely kept secret. But filings … [Read more...] about How Much Cash Does Donald Trump Really Have?
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Share to Twitter Share to Linkedin Erstwhile competitor Richard Allen. Credit: Joshua Martin (Note: This is a sidebar to the Forbes cover story: ' A Billion Reasons Why Ross Perot Jr. Loves 'The Giant Sucking Sound' ) Developer Richard Allen bet millions that he could rival Perot's AllianceTexas--and went bust. The biggest recent threat to AllianceTexas, other than the protectionist policies Ross Perot Sr. once advocated? A 6,000-acre plot that developer Richard Allen dubbed the Dallas Logistics Hub. In 2007 Allen had a project designed and permitted at the convergence of the Union Pacific and BNSF rail lines south of Dallas. By building rail and truck yards twice as big as at AllianceTexas, Allen bet that he could lure away a lot of business. The demand is there: BNSF CEO Matthew Rose told FORBES recently that the only thing he wishes were different about his rail-and-truck yard at AllianceTexas is that it was, yes, twice as big. … [Read more...] about The Mystery Of Ross Perot’s Vanquished Dallas Competitor
Share to Twitter Share to Linkedin Chinese e-cigarette billionaire Chu Lam Yiu is under investigation from Chinese authorities, causing shares of her company, Hong Kong-listed Huabao International, to fall by over 65% on Monday. Chu, who serves as chair and CEO, is currently under investigation for “suspected disciplinary violations” of an unclear nature, the fragrances and tobacco flavoring supplier announced on Monday. “Up to the date of this announcement, the company has not been provided with any details of the nature of the suspected violations of Ms. Chu that is currently being investigated,” the company said in a filing to the Hong Kong Stock Exchange. “The business operation of the Group remains normal.” The company noted that the probe is being conducted by the Leiyang City Supervisory Committee, a government body based in Hunan province, southern China. Chu, 52, owns approximately 70% of Huabao International’s shares. Often dubbed “China’s … [Read more...] about China’s Vaping Queen Sees Fortune Plunge 65% After Chinese Government Probe
While there’s no shortage of apps and extensions that can stop websites from snooping on you, Startpage’s new Chrome and Firefox extension is still worth a look. advertisement advertisement Once installed, the extension blocks third-party trackers and cookies from following you around the web. It also assigns a score to the current website—on a scale of one to five—based on how invasive it is. You can click on the extension’s icon to see the details for a given site, but otherwise the Startpage extension runs quietly in the background while bringing extra privacy protection to your browser. Beyond the core tracking protection, what really distinguishes the extension from other tracker blockers is its granularity. For each site, you can click “Manage trackers and cookies” to see a list of every tracking domain that the site has blocked. From there you can choose to unblock specific domains without turning off tracking protection for the entire site. … [Read more...] about This slick new browser extension protects your privacy without breaking sites
The majestic tiger is revered by many cultures for its beauty, prowess, ferocity and spirit. As a creature with many symbolic attributes, it has inspired imagination, paintings and stories all over the world. In China, legend has it that tigers turn white after living for five centuries, and that a white tiger would appear only if an emperor were to rule with absolute virtue. Another belief is that a tiger’s spirit would enter Earth after its death, and become amber. The tiger represents the greatest earthly power, with the ability to ward off the three major disasters of the household, namely fire, thieves and ghosts. Paintings of tigers are often hung on a wall inside a building facing the entrance to keep evil spirits at bay. The earliest tiger statues in China appeared in the Neolithic Age, which is about 7,000 years ago. While a tiger’s actual lifespan is significantly shorter than its millennium-long reign in folklore, it doesn’t put a damper on mankind celebrating … [Read more...] about Tigers that roamed through the art world, a fierce legacy
PETALING JAYA: A total of 13 new Covid-19 clusters were identified on Tuesday (Jan 25), says Tan Sri Dr Noor Hisham Abdullah. The Health director-general said this brings the tally to 244 active clusters in Malaysia. "As of Tuesday (Jan 25), another 4,066 new Covid-19 cases were recorded for a cumulative total of 2,840,225. "Out of the 4,066 new Covid-19 cases, 442 are imported cases and 3,624 are local cases. "A total of 50 patients fall under Categories 3, 4 and 5 whereas there are 4,016 cases under Categories 1 and 2," he added. "Among them, 131 cases require treatment in the Intensive Care Unit (ICU) whereby 113 are confirmed Covid-19 cases and 18 are suspected cases, probabilities, and cases under investigation. "There are 65 patients who require respiratory assistance. "Out of the 65 cases, 46 are confirmed Covid-19 cases and 19 are suspected cases, probabilities, and cases under investigation," he said, adding that 3,559 patients have recovered from Covid-19. Dr … [Read more...] about Covid-19 Watch: 13 new cluster identified with 4,066 new cases
PUTRAJAYA: Following fresh leads into the investigations on the non-delivery of six littoral combat ships, two individuals have been picked up for questioning by graft investigators. The two - a former top gun with Boustead Heavy Industries Corporation Bhd and a chief executive officer of a company, were detained when they were called in for questioning at the Malaysian Anti-Corruption Commission (MACC) headquarters late on Monday (Jan 24) evening. "Investigators released the 79-year-old Tan Sri after taking his statement while the company chief executive officer was remanded," said sources with knowledge of the investigation. Investigators had obtained a remand order for the 49-year-old chief executive officer. The 49-year-old woman would be remanded for three days beginning Tuesday (Jan 25). It was learnt that the two were believed to have committed misappropriation and had accepted bribes in the form of payments that were made to three companies based overseas. It was … [Read more...] about MACC detain two for questioning in littoral ship corruption case
In this episode of the Motley Fool Answers podcast, Motley Fool personal finance expert Robert Brokamp interviews Mark Kantrowitz, an expert on the topic of saving for college. And we answer your questions about options for rolling over your old 401(k). To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center . To get started investing, check out our quick-start guide to investing in stocks . A full transcript follows the video. This video was recorded on Oct 12, 2021. Alison Southwick: This is Motley Fool Answers. I'm Alison Southwick, joined as always, by Robert Brokamp, Personal Finance Expert here at The Motley Fool. Hi Bro. Robert Brokamp: Hi, Alison. Alison Southwick: You bombed into anything we're with your name this week. Robert Brokamp: I just like the surprise, I don't know what to expect and that's what I love about it. Alison Southwick: Surprised, there was no surprise. In this week's episode. … [Read more...] about Helping Your Kid Pay for College? Check Out This Podcast.
From software to cryptocurrency to e-commerce, seemingly every growth market is experiencing tumbling equity valuations. The electric vehicle (EV) industry is no different. It's an industry chock-full of both potentially disrupting newcomers and legacy automakers looking to move away from the internal combustion engine and toward the electric motor. But it's also an industry that depends on growth, fueled by debt that is becoming more expensive due to rising interest rates. Lucid Group ( NASDAQ:LCID ) , Fisker ( NYSE:FSR ) , and ABB ( NYSE:ABB ) are three EV stocks worth considering for 2022. Here's why they stand out as the best investment options in their industry. Image source: Lucid Group. Trust is everything Daniel Foelber (Lucid Group): Lucid and Rivian Automotive ( NASDAQ:RIVN ) are two high-profile EV stocks that went public in 2021. They are often lumped together in the same conversation due to their high valuations. Both companies are … [Read more...] about Here’s Why Lucid, Fisker, and ABB Are 3 Top EV Stocks for 2022
Mexico’s drug mafias are finding meth mules inside one of the world’s most popular games, as indicated by a previously unreported case in Arizona. Grand Theft Auto players know what it’s like working for a Mexican cartel. But they do so from the comfort of their own bedroom. What many don’t realize is that real-life cartel recruiters are playing the game and recruiting players for real-life work. Last year, Mexican police revealed youngsters were being recruited by drug cartels over popular video games, including Grand Theft Auto Online, though there was little in the way of evidence. According to a case unearthed by Forbes , it appears the U.S. has gathered evidence that GTA Online really is a recruitment tool for Mexico’s narcotics cartels. In November last year, Customs and Border Protection officials in Arizona were inspecting a Jeep Cherokee when they found nearly 60kg of methamphetamine, the government said. When they asked the driver, Alyssa Navarro, what her … [Read more...] about How Mexico’s Real Life Cartels Recruit Drug Mules On Grand Theft Auto Online