The Trump Organization has been paid to walk away from its prized Trump SoHo hotel, severing a management contract and ending the company’s ties to the struggling Manhattan establishment.
A deal was reached on Wednesday in which CIM Group, the California-based investment company which owns the building, bought the Trump Organization out of the remainder of their contract to manage the hotel.
The buyout means that, at the end of December, the Trump Organization will walk away.
CIM will then be entitled to rebrand the hotel and try and turn its fortunes around.
The rich are getting richer. But not Donald Trump.
The Forbes list of 400 richest Americans shows that the billionaire-in-chief’s fortune fell by $600 million to $3.1 billion. As a result he dropped to #248 on the list, after coming in at #156 last year.
The magazine attributed his decline in wealth to “a tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign.” Trump reached a $25 million settlement in a suit that claims that his Trump University real estate seminars defrauded students.
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But overall the richest Americans are richer than they were a year ago. In fact it now takes a record $2 billion to make the cut of the richest 400 Americans. The magazine estimates there are 169 billionaires who were too “poor” to make the cut, including Facebook (FB, Tech30) Chief Operating Officer Sheryl Sandberg.
NBC News reports Secretary of State Rex Tillerson called Donald Trump a “moron” after a July 20 meeting at the Pentagon. Mike Pence allegedly talked Tillerson out of resigning that week.
Once again, Donald Trump’s own Twitter history has provided the perfect response to the news reports his own secretary of state thinks he’s a “fucking moron.”
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(L-R) Fucking moron, Secretary of State Rex Tillerson
The top nuclear commander in the U.S. said Saturday that he would reject an “illegal” nuclear attack order from President Donald Trump, and would instead steer the commander in chief to other “options.”
“If you execute an unlawful order, you will go to jail,” Air Force Gen. John Hyten told an audience at the Halifax International Security Forum in Nova Scotia. “You could go to jail for the rest of your life.”
Hyten, the commander of the U.S. Strategic Command who oversees America’s nuclear arsenal, spoke at a forum titled “Nukes: The Fire and the Fury,” as recorded in a video on the event’s Facebook page. He didn’t define what exactly would constitute an illegal launch order. But Hyten said he has been trained for the past 36 years in the law of armed conflict, and mentioned the consideration of such elements as proportional response and unnecessary suffering that would be caused by such a conflagration.
In the event Trump suggests an illegal strike, Hyten described a scenario in which he would present Trump with legal choices.
Talk show host and journalist Charlie Rose was fired Tuesday by CBS News, PBS and Bloomberg in the wake of eight women accusing him of sexual harassment and unwanted advances in a report in The Washington Post.
“A short time ago we terminated Charlie Rose’s employment with CBS News, effective immediately,” said a statement posted to Twitter from CBS News President David Rhodes. “This followed the revelation yesterday of extremely disturbing and intolerable behavior said to have revolved around his PBS program.”
In a statement, PBS also announced it had ended its relationship with Rose, whose self-titled interview show began airing in 1991.
How you should design your home to maximize happiness.
Dan Buettner is the author of “The Blue Zones of Happiness: Lessons from the World’s Happiest People.” He shares his insights on how to design your own home, so you can feel more overall happiness.
Country music legend Mel Tillis died early Sunday morning, according to a statement from his publicist. He was 85.
Tillis died at the Munroe Regional Medical Center in Ocala, Florida, after battling intestinal issues since 2016, said spokesman Don Murry Grubbs. The suspected cause of death was respiratory failure.
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Tillis was a prolific singer-songwriter who penned more than 1,000 songs and recorded more than 60 albums in a career that spanned six decades. Many of those songs were recorded by other country music stars such as Kenny Rogers, George Strait and Ricky Skaggs.
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Mel Tillis performs at the 2012 CMA Music Festival in Nashville, Tennessee.
In the world, human beings are facing various problems. People who are full of greed, anger, and ignorance are seen to be fighting with each other in words and deeds. As the fighting continues, various problems such as civil wars, wars of aggression, and wars of aggression are occurring. As world peace is being destroyed, humans are facing unbearable problems. Innocent children and women are not getting the rights they deserve and deserve. I can't think of one thing every time. What is it? The United Nations. If we look at the responsibilities and duties of the United Nations, I think it is not suitable for solving the problems that are happening in the world today. In fact, the United Nations and the World Security Council, such an organization must rule the world, must be able to give orders, and must have various ways to obey orders. There must be no organization that can influence more than that organization. There should be experts from each country. They can even dominate the superpowers like the US, China, and Britain. Only then will global peace be achieved quickly. Now, if a country with power develops more militarily, economically, or socially than its own country, then powerful countries will jealously seek out enemies and wage war. Or they will attack with fighter jets. In this, innocent people are losing their lives. No one understands the value of a life. You should think about how to achieve global peace by controlling these. If the US continues to be the permanent president of the UN, world peace will never be achieved. If you think carefully, no one sees that they are working for the common good, but for their own benefit, for the benefit of their own country. The permanent president of the UN and the Security Council has rejected this, As a young Rohingya, I have come to realize that only by electing the president and secretary from among the countries in the world through a secret ballot system and governing the world fairly can we achieve global peace. The United Nations and the Security Council are organizations in which any country must govern, give orders, and make them obey their orders. For example, only when a defendant is tried in court can we hold the leaders of the countries in check and control them, can we achieve global peace smoothly. Otherwise, it will not be easy for powerful countries to use various excuses to end this war every year, every year, for the benefit of themselves and their countries. No country's leaders pay any attention to the words of the United Nations and the Security Council. If we look at it in practice, look at the Rohingya issue. Myanmar is a small country. Even that country has been under siege for 8 years. What action can be taken? Why is the UN and the Security Council Powerless? Without such Power, how can the organization bring about global peace? Everyone should think about it. Whether there is a veto or a strong one, all countries in the world can only achieve global peace if they are subject to the UN and the Security Council. Seek peace in the quiet embrace of nature. Peace is an indispensable need of the human race. It is not as if one person can kill another person, and it is as if one country can attack another country, but instead of trying to build peace, we must try to destroy the peace now, and the world is getting hotter and is on the verge of collapse. I especially appeal to all the world experts to urgently try to bring about peace in all parts of the world. Mr, Noor Muhamed Arkhan Rohingya Youth Myanmar
Film and Writing Festival for Comedy. Showcasing best of comedy short films at the FEEDBACK Film Festival. Plus, showcasing best of comedy novels, short stories, poems, screenplays (TV, short, feature) at the festival performed by professional actors.