When President Donald Trump authorized the raising of tariffs on billions of dollars worth of Chinese goods, he may have unwittingly doomed some retailers.
Dinesh Chawla, who was once supposed to partner on a new line of hotels from The Trump Organization, was arrested for stealing luggage from a baggage claim.
The hotel industry has been among the hardest-hit sectors of commercial real estate in the coronavirus pandemic, and some major owners are asking for a bailout.
The building lost 29% of its value, hitting $130M.
A jury has found the former president’s real estate business guilty on all charges in its criminal tax fraud trial.
Trump was arraigned Tuesday afternoon after a lengthy investigation by New York prosecutors.
Lawyers for the former U.S. president are seeking a stay on the nearly half a billion dollar bond that a judge ordered Trump to pay.
Doug Larson refuted statements from The Trump Organization that he helped provide valuations for its properties.
Trump sought to put up a $100M bond in his request to an appeals court for a stay on the penalty.
The fines were the culmination of a historic trial against former President Donald Trump, found guilty of fraudulently inflating his commercial property values.
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