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Boeing posts $355M loss, in ‘tough moment’ amid scrutiny over midair blowout

Boeing announced Wednesday that it posted a $355 million loss due to lower revenue in the first quarter. It’s another sign of the crisis gripping aircraft manufacturers, which face intense scrutiny over aircraft safety and a growing number of whistleblower accusations of sloppy work. CEO David Calhoun said the company is going through a “tough […]

Trump can’t postpone paying $355M judgment in NY fraud case, judge rules

Former President Donald Trump lost his bid Thursday to delay a New York court ruling ordering him to collect $355 million and ban him from doing business in the state for three years. Manhattan Supreme Court Justice Arthur Engoron said Mr. Trump’s lawyers have not provided a good reason why the verdict should be delayed […]

Trump on the $355M civil fraud trial judgement, ‘It is a form of Navalny’

Former President Donald Trump on Tuesday compared the $355 million verdict against him in a Manhattan civil fraud trial to Russia’s treatment of Kremlin critic Alexei Navalny, who died in a Russian penal colony last week. . “This is a type of Mr. Navalny. It’s a form of communism or fascism,” the 77-year-old Trump said […]

Shark Tank’s O’Leary on $355M decision against Trump: ‘What fraud?’

“Shark Tank” investor Kevin O’Leary said in an interview with CNN host Laura Coates on Monday that a New York judge ordered former President Trump to pay a $355 million fine in a civil fraud case. condemned the decision. Mr. O’Leary argued that the sentence against Mr. Trump was unfair and that what the former […]

Trump will dispute judge’s definition of ‘fraud’ in appeal of $355M fine: report

Former President Donald Trump accused Manhattan Supreme Court Judge Arthur Engoron of “fraud” in appealing a $355 million judgment handed down against him in a civil trial last week, according to his lawyer. He plans to challenge the definition. Trump’s attorney Christopher Kiss told Newsweek on Monday, “This lawsuit raises serious legal and constitutional questions […]

Trump Q&A: How much does he owe and how fast is the $355M tab growing?

Two civil lawsuits involving former President Trump have been decided in quick succession, dealing a stunning blow to the real estate mogul’s fortune. In Trump’s civil fraud case, a New York judge found the former president falsely altered his net worth in key financial statements to collect tax and insurance benefits, and awarded him approximately […]