May 16, 2019

Trump made at least $434 million from his business in 2018

President Trump reported making at least $434 million in gross income from his properties and business in the second full year of his presidency, according to his 2018 financial disclosure form released by the Office of Government Ethics.

Quick take: Gross income at Trump's D.C. golf club was up $500,000 to about $13.3 million, while his D.C. hotel made about $40.8 million. Trump National Doral Miami resort, the flagship property and biggest moneymaker for the Trump Organization, made $75 million — down from almost $116 million in 2016. Mar-a-lago brought in $22 million, down from $37 million two years ago. Trump also took out a loan from Professional Bank of between $5 million and $25 million to finance a mansion property next door to Mar-a-lago, which was reportedly purchased by his sons Eric and Donald Trump Jr.

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12 mins ago - Technology

Cisco, Sony postpone events amid continued protests

Screenshot: Axios (via YouTube)

Cisco said Monday night that it is postponing the online version of Cisco Live, its major customer event, amid the ongoing protests that have followed the killing of George Floyd.

Why it matters: Cisco joins Sony, Electronic Arts and Google in delaying tech events planned for this week.

19 mins ago - Technology

Twitter suspends fake antifa account tied to white nationalists

Twitter said Monday that it has suspended an account named "ANTIFA_US" which it says was tied to the white nationalist group Identity Evropa. Over the weekend, the account had called for violence and its posts had widely circulated online.

Why it matters: It's the latest example of social media being used to exploit and sharpen the very real divisions in American society. It's also the latest example of Twitter more aggressively rooting out false information on its platform.

Updated 33 mins ago - Politics & Policy

The latest: George Floyd protests nationwide

Police officers wearing riot gear push back demonstrators outside of the White House on Monday. Photo: Jose Luis Magana/AFP via Getty Images

Protests over the death of George Floyd and other police-related killings of black people continued for a seventh day across the U.S., with President Trump threatening on Monday to deploy the military if the unrest continues.

The latest: Washington, D.C., Mayor Muriel Bowser criticized federal police in a tweet Monday night for using munitions earlier in the day "on peaceful protestors in front of the White House, an act that will make the job of (DC Police Department) officers more difficult." "Shameful!" she added as she urged residents to go home and stay safe.