Trump uses hush money trial to squeeze small donors, court big spenders
A fundraising group run by Trump has spent more than million on legal bills since the start of 2023.
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Trump group spends big on legal fees; Biden leads at fundraising
Donald Trump’s political group, Save America, spent .6 million on lawyer fees in March, draining the finances supporting his White House bid. The group, largely funded by small donors, has clawed back million from a super PAC, reducing funds available for TV ads supporting Trump. Since the start of 2023, Save America has spent over million on lawyer fees for Trump’s four criminal trials. Trump is facing charges related to falsifying business records, mishandling classified documents, and a civil fraud judgment. Despite raising million in March, Trump’s campaign still lags behind Biden in fundraising, with Biden’s campaign ending the month with million in the bank compared to Trump’s million. Trump has been holding fundraising events to court big donors, helping the Republican Party raise over million in March.
Minnesota Legislature Weighs Corporations’ Role in State’s Economy
The Minnesota Legislature is considering several bills targeting corporations, including proposals to require large corporations to disclose their state income tax filings and to cap the number of single-family rental units a company can own. Rep. Esther Agbaje is pushing a bill that would cap the number of single-family homes one business entity can own, primarily corporations. Governor Tim Walz has stated that he is not interested in raising or cutting corporate taxes, but rather maintaining a proper balance. Minnesota has the highest corporate tax rate among the states, but the effective tax rate is lower due to deductions. Several bills are moving in the Legislature aimed at regulating corporations, including those related to single-family home ownership, tax transparency, hospital salaries, debt collection, corporate tax studies, health care acquisitions, and employee classification. Critics argue that the bills and underlying philosophy behind them are anti-business.
Federal Budget 2024: What are the proposed capital gains tax changes and how might they affect me?
The fact described in the text is that Canada’s 2024 budget proposes to increase the capital gains tax inclusion rate from 50% to 66.67% for all capital gains realized by corporations and trusts, as well as for capital gains over 0,000 realized by individuals.
Daleela ferry ticket sales up 30% from 2023
Ticket sales for the Daleela passenger and car ferry have increased by 30% compared to last season, with 3,000 passengers booking their journey in the first 24 hours. The ferry will operate from the end of May to early September, with departures on Wednesdays and Sundays from Limassol and Tuesdays and Fridays from Piraeus. Ticket prices have slightly increased, with a subsidy of €5.5 million provided annually. The ferry link between Cyprus and Greece was reinstated in 2022 after 20 years, supported by a state subsidy.
Comparing European loans: What borrowers need to know
– Nordic Bank offers a loan comparison service to help customers find the best loan offers from over 30 banks and financial companies in Finland.
– The service helps customers compare interest rates, fees, and repayment terms to save money in the long run.
– Customers can apply for loans online through Nordic Bank’s website without the need for collateral or guarantors for unsecured loans.
Actor Hugh Grant settles privacy lawsuit against Murdoch’s Sun tabloid
British actor Hugh Grant settled a lawsuit against the publisher of The Sun over claims of phone tapping and burglary. Grant, known for films like “Love Actually” and “Notting Hill,” has been a vocal advocate for press reform. The settlement raises questions about the publisher’s long-held position of denying wrongdoing. Grant did not want to settle but feared the high legal costs if he lost at trial. The settlement may prevent a trial over unlawful information-gathering, but Prince Harry’s lawsuit against the publisher continues.
Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management. Investment banking revenue climbed 16% and fixed-income underwriting did well. The bank reported a profit of .02 per share, surpassing analysts’ estimates. Wealth management revenue rose to .9 billion, with new assets climbing to billion. The bank’s asset management unit is aiming to double its private credit portfolio to billion in the medium term.
Daleela resumes Limassol-Piraeus ferry
The Daleela passenger and car ferry will resume its sailings from Limassol to Piraeus from the end of May to early September, with ticket prices slightly up from last year. The ferry carried 7,407 passengers, 2,496 vehicles, and 455 pets last year, earning the operator an annual subsidy of €5.5 million. The ferry will depart on Wednesdays and Sundays from Limassol and Tuesdays and Fridays from Piraeus. Ticket sales will start on April 17.
Trump faces criminal trial, a historic first for a former US president
Donald Trump is the first former U.S. president to stand trial in Manhattan court on charges related to a hush-money payment to a porn star. The trial is expected to last through May, with 12 jurors and six alternates selected from Manhattan residents. Trump pleaded not guilty to falsifying records to cover up the payment. If convicted, he could still hold office, but a guilty verdict may impact his prospects in the 2024 White House race. The case is seen as the least consequential of the four criminal prosecutions he faces, but it is the only one guaranteed to go to trial before the November election. The payment to the porn star was part of a “catch and kill” scheme to suppress negative information about Trump before the 2016 election.