Share to Twitter Share to Linkedin Welcome to the Checks & Imbalances newsletter. Today, we look at Trump profiting from candidates his endorsement and a jet-setting Australian businessman who’s trying to get politicians to back his latest venture. Trump-Endorsed Candidates Have Funneled At Least $1.4 Million Into His Businesses D onald Trump, a man known for torching norms, has developed a novel business model. From his perch at Mar-a-Lago or summer residence at one of his New Jersey golf courses, the former president doles out endorsements to longtime elected officials and wannabe Republican nominees, influencing primaries across the country. Meanwhile, those candidates, who come from all over to visit him, pour money from campaign donors into Trump’s properties, paying for food, lodging and conference space. So far, he has collected at least $1.4 million from the candidates he’s endorsed in 2022, according to a Forbes analysis of campaign … [Read more...] about Checks & Imbalances: Trump’s Revenue Stream, Australia’s Jet-Setting Billionaire
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Ferrari Drivers Charles Leclerc And Carlos Sainz Talk F1 Performance And Sky High Ambition
Share to Twitter Share to Linkedin With the 2022 Formula One World Championship well underway and one of the season's most anticipated races, Silverstone, just around the corner (July 3), F1 drivers are under pressure to perform. And, with an ever-demanding race calendar and ongoing issues disrupting the commercial travel industry, often the most efficient way for drivers to travel between races is by private jet. This is something that Scuderia Ferrari drivers Charles Leclerc and Carlos Sainz know all too well. Luckily for them, for the fourth year running, global business aviation company VistaJet will be providing their team with private planes, enabling them to get around the world as quickly and seamlessly as possible. To VistaJet founder Thomas Flohr, a competitive racing driver, this is a partnership close to his heart. “I have experienced first-hand the demands of racing and the intense focus required to consistently deliver a winning … [Read more...] about Ferrari Drivers Charles Leclerc And Carlos Sainz Talk F1 Performance And Sky High Ambition
The Ultimate Guide To Traveling To Europe This Summer
Share to Twitter Share to Linkedin You've probably seen the pictures of the mountains of luggage at London's Heathrow Airport. You've heard about the heat wave. And maybe you have friends who got Covid while they were in Europe. With all that's happening, maybe you need a better guide to traveling to Europe this summer. "Tourism is back," says David Corsun, director of the University of Denver's Fritz Knoebel School of Hospitality Management. "Hotels are full. Flights are full. Restaurants are full." Travel by Americans to Europe will soar 600 percent over last summer , according to new projections by Allianz Partners. Europeans are traveling more, too. A new survey by insurance company Europ Assistance Group found that 71% of Europeans intend to travel during the summer . That's a 14 percentage point increase compared to 2021. But you don't have to get stuck in a crowd and miss the best part of your European vacation. Europe has changed … [Read more...] about The Ultimate Guide To Traveling To Europe This Summer
The war in Ukraine hasn’t ended. Here’s how these founders continue to build their businesses
In those first few fraught hours of February 24th, after Russian forces invaded Ukraine, Anastasiia Smyk, CEO and co-founder of aviation software startup Input Soft , recalls being in a state of shock and incredulity. She was in Kyiv at the time, but her 11-strong team was scattered around the country. advertisement advertisement “The first week we were just thinking about how to survive at a human level,” says the 25-year-old entrepreneur. “So we decided to rent a house for our team in the Carpathian mountains, in the [safer] western part of Ukraine, and told them they could go there with their families to wait until we knew more about what was happening. Some of them went. Others were unable to get out.” One of those left behind was the startup’s accountant, whose home town of Kherson, in southern Ukraine, has been under Russian occupation since early March. On May 3rd, when the internet and mobile communications went down, she decided to risk her … [Read more...] about The war in Ukraine hasn’t ended. Here’s how these founders continue to build their businesses
Ukrainian city falls to Russia in one of war’s bloodiest fights
Ukrainian service members walk in the industrial area of the city of Sievierodonetsk, as Russia’s attack on Ukraine continues, Ukraine June 20, 2022. (REUTERS/Oleksandr Ratushniak/File Photo) KYIV/POKROVSK, Ukraine — Russian forces have fully occupied Sievierodonetsk, the mayor of the eastern Ukrainian city said on Saturday, confirming Kyiv’s biggest battlefield setback for more than a month, after weeks of some of the war’s bloodiest fighting. Ukraine called its retreat from the city a “tactical withdrawal” to fight from higher ground in Lysychansk on the opposite bank of the Siverskyi Donets river. Pro-Russian separatists said Moscow’s forces were now attacking Lysychansk. The fall of Sievierodonetsk — once home to more than 100,000 people, now a wasteland — was Russia’s biggest victory since capturing the port of Mariupol last month. It transforms the battlefield in the east after weeks in which Moscow’s huge advantage in firepower had yielded only slow gains. Russia will … [Read more...] about Ukrainian city falls to Russia in one of war’s bloodiest fights
Zomato board approves deal to acquire Blinkit for Rs 4,447 crore
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The board of food delivery company Zomato on June 24 approved the acquisition of quick commerce company Blinkit for Rs 4,447 crore in an all-stock deal. Also, Zomato ’s restaurant supplies subsidiary Hyperpure will acquire the warehousing and ancillary services business of Hands on Trade Private Limited for Rs 60.7 crore. While the Blinkit deal value was earlier estimated to be upwards of $700 million, the drop in Zomato’s stock price has reduced it to $568 million at current exchange rates. “Quick commerce has been our stated strategic priority since the last one year. We have seen this industry grow rapidly both in India and globally, as customers have found great value in quick delivery of groceries and other essentials,” said Zomato CEO Deepinder Goyal. “This business is also … [Read more...] about Zomato board approves deal to acquire Blinkit for Rs 4,447 crore
French government supports enshrining abortion in constitution
Prime Minister Elisabeth Borne said the government would support the pro-abortion bill 'wholeheartedly' PARIS - Politicians representing a parliamentary majority on Saturday voiced support for a bill enshrining abortion rights in France's constitution, after the US Supreme Court revoked the nationwide legal protection for American women to terminate pregnancies. The landmark ruling by the conservative-majority court on Friday overturned almost five decades of constitutional protections for abortion in the United States, allowing individual states to regulate the procedure. The American religious right had never accepted the previous 1973 "Roe v. Wade" ruling that guaranteed US abortion rights and several conservative states immediately announced they would ban abortion. France was one of several US allies to condemn the decision, with President Emmanuel Macron denouncing a threat to women's freedom. The leader of Macron's party in parliament on Saturday said she had tabled a … [Read more...] about French government supports enshrining abortion in constitution
With another 64, Juvic leads team to victory
On target for the second straight day, Juvic Pagunsan rattled off an eagle and seven birdies in shooting an eight-under-par 64 at the Legends course that widened his individual lead while leading his team to the title on Saturday, in the Manila Southwoods Pro-Am in Carmona, Cavite. Counting a 64 in the opening round on Friday at the Masters, Pagunsan will take a 128 aggregate into the final round where the pros tackle the more difficult of the two Jack Nicklaus-created gems, holding a seven-shot lead over amateur Carl Corpuz and eight ahead of Justin Quiban. Corpuz, the Southwoods team mainstay, is playing the same conditions as the pros and fired a 65, while Quiban assembled a 67. Pagunsan had an eagle for the second consecutive round, this time canning a chip from just off of the par-5 eighth green for a 32-32 effort that boosted his team made up of outgoing Senate president Tito Sotto, brother Maru and Bing Lapus to another 61 and a four-stroke win over the Jonel Ababa-led … [Read more...] about With another 64, Juvic leads team to victory
Stop cutting trees
The Philippines’ summer capital, known for its cool air and pine trees, has been the favorite refuge of Filipinos wanting to escape the scorching heat in Metro Manila and other parts of the country. But while Baguio City remains the coolest place in the country, it has been feeling the heat of climate change, registering an unusually higher heat index of 27 degrees Celsius last month, exacerbated by the steady loss of its tree cover. Just as well that its city council has recently proposed a five-year moratorium on tree-cutting activities to protect its trees. The battle to preserve the beloved city’s trees has been ongoing for at least two decades now as locals saw more of these trees being felled to give way to progress and development—malls, subdivisions, and other infrastructure projects. In 2019, the Supreme Court stopped a mall giant from cutting more than a hundred trees for an expansion plan, but the temporary restraining order came only after about 60 trees have already been … [Read more...] about Stop cutting trees
Indigo case: Airlines should sensitise staff to assist special needs flyers better
An IndiGo staffer called a distressed teen with disability a threat to other passengers. (Screengrab from video posted on Facebook by Manisha Gupta). It will not be long before the outrage dies down around the recent incident of private airlines IndiGo barring a specially-abled child from boarding a flight at the Ranchi airport, when things will go back to the usual, where most of us will continue to ignore and fail to acknowledge that everyday there are scores of people with disabilities who will continue to face indignity, humiliation and discrimination. The Ranchi incident, while shocking, is perhaps not far from the everyday reality that persons with disabilities (PwD) face every day in India. We must admit that we are not a country that supports the 26 million people living with either physical or learning disabilities. We have almost zero infrastructure that aids people with disabilities to help them face the stigma, discrimination and harassment that they tend to face on a … [Read more...] about Indigo case: Airlines should sensitise staff to assist special needs flyers better