Donald Trump

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Buyers Lose $32 Million as Trump's Baja Bet Folds

Donald's name drew deposits which couldn't be refunded

(Newser) - Donald Trump lost some very big fans when his  luxury hotel-condo plan in Mexico collapsed, leaving little more than a hole in the ground and investors out of $32.2 million in deposits, the AP reports. Trump and his children heavily promoted the resort on the northern tip of Mexico's...

Trump Casinos Expected to Go Bankrupt

(Newser) - Owing bondholders more than a billion dollars, Donald Trump's Atlantic City casino company is expected to file for chapter 11 tomorrow, the Wall Street Journal reports. Board members are discussing it tonight, but if they don't file, creditors will force them into bankruptcy tomorrow. It will mark Trump Entertainment Resorts'...

Trump Files $100M Suit Over Golf Course

Mogul: city aims to 'stymie everything I do'

(Newser) - Donald Trump is taking his ongoing battle over a California golf course to court, the Los Angeles Times reports. Trump bought the course in Rancho Palos Verdes 6 years ago and wooed city officials by sprucing it up. Then came battles over land, ficus trees, and a street he wanted...

Madoff Crony Harangued at Tony Fla. Club

Jaffe nearly fights with furious bilked investor at black-tie bash

(Newser) - Bob Jaffe, who recruited many of the marks for Bernard Madoff’s $50 billion fraud operation, got an earful after showing up last weekend at a Palm Beach party brimming with Madoff’s victims, a source tells the New York Post. When one saw Jaffe, “it nearly came to...

Ivanka Snags Book Deal
 Ivanka Snags Book Deal 

Ivanka Snags Book Deal

(Newser) - Ivanka Trump sees herself as a motivational figure, and a prominent book publisher agrees, reports the New York Post. The one-time model, 27, says the tome will present a "positive perspective with the women of my generation.” A Simon & Schuster rep called the aspiring author and tycoon...

Trump Houses Hudson, Family
 Trump Houses 
 Hudson, Family 

Trump Houses Hudson, Family

Hudson and relatives stay at Trump Tower for free

(Newser) - Donald Trump has been sheltering Jennifer Hudson and some relatives in his swanky, self-named tower for free since the Oscar-winner's mother, brother, and nephew were murdered last month, People reports. “She's a great girl. And we're protecting them well,” the mogul says.

Trump Sues Lenders for Chicago Tower

Construction continues amid financial impasse

(Newser) - Donald Trump is suing lenders for a $640 million loan extension on his mostly completed Trump Tower in Chicago, after sales of condos have fallen short, the Wall Street Journal reports. Trump is angling to apply a force majeure provision—normally triggered by acts of war or natural disasters—in...

Trump Gets His Scottish Golf Resort

Environmental groups fume over government's decision

(Newser) - Donald Trump got the green light for his $1.6 billion Aberdeenshire golf resort yesterday, much to the chagrin of environmental groups, the Times of London reports. Though it was rejected by the Aberdeenshire council last year, First Minister Alex Salmond approved the project after a public inquiry. Salmond said...

Trump in Trouble on Chicago Tower

Bleak outloook makes financing a tall order for 92-story skyscraper

(Newser) - Donald Trump's 92-story Chicago tower has been hit by a triple-whammy of the credit crunch, the housing slump, and sagging retail sales, making foreclosure a real danger, the Wall Street Journal reports. Trump, who developed the tower without partners, owes $1 billion on the project but has so far sold...

McMahon Home Woes Persist
McMahon Home Woes Persist

McMahon Home Woes Persist

Mystery buyer drops out, but Donald Trump may still spring for Beverly Hills mansion

(Newser) - Ed McMahon’s money woes continued this week when the sale of his house fell through. The mystery buyer who had topped Donald Trump's offer "did not perform on a specific point of the contract," McMahon's realtor said—although Trump's bid is apparently still on the table. McMahon's...

Buyer Trumps Donald for McMahon House

Anonymous buyer makes deal for Carson sidekick's mansion

(Newser) - Donald Trump won't be buying Ed McMahon's home after all, the AP reports. An anonymous buyer has made a deal to purchase the longtime Carson sidekick's foreclosure-threatened home. Trump had made an offer on the multi-million dollar Beverly Hills house after it became known that the 85-year-old McMahon was about...

NY Sculptor Builds Fortune Out of Legos

Making art for Trump, others generates 6-figure income

(Newser) - For New York artist Nathan Sawaya, earning a six-figure salary is child's play. That's because Sawaya makes his living creating arresting sculptures from Lego blocks. Once a stressed-out Wall Street attorney, he began building the whimsical pieces at night as a way to unwind. Now, he tells Portfolio, he gets...

Heeeeeeeeere's Donald!
 Heeeeeeeeere's Donald!

Heeeeeeeeere's Donald!

Trump bails out Ed McMahon

(Newser) - Billionaire Donald Trump is giving a helping hand to 85-year-old Ed McMahon, who was about to lose his Beverly Hills home to foreclosure. Trump is buying the 6-bedroom house, listed at $4.6 million, and leasing the property back to McMahon so he can continue to live there, the Los ...

Trump Sells Mansion for $100M
 Trump Sells Mansion for $100M 

Trump Sells Mansion for $100M

US real estate record for the Donald's Palm Beach estate

(Newser) - The real estate market may be slumping, but not for Donald Trump, who sold his Palm Beach mansion to a Russian fertilizer billionaire for $100 million, the AP reports. It's the most ever paid for a US estate, a spokesman claims. "In an age of so many people getting...

Miss USA Tumbles at Pageant
 Miss USA Tumbles at Pageant 

Miss USA Tumbles at Pageant

Miss Venezuela wins crown on curves

(Newser) - For the second year in a row the US contestant in the Miss Universe pageant tripped and fell during the competition, AP reports. Miss USA Crystle Stewart of Texas took a tumble when she stepped on the train of her bejeweled evening gown as she made her entrance in the...

NYC Biz Leaders Search for Next Mayor/CEO

Bloomberg's city-as-business style likely hard to replicate

(Newser) - New York Mayor Michael Bloomberg will vacate his office in 18 months, the New York Times reports, and local business honchos are already hunting for a replacement candidate who shares Bloomberg's financial independence and city-as-a-business approach. "What the business community wants is not just a businessman but a Bloomberg-type...

Trump Sues Over Israeli Condo Deal
Trump Sues Over Israeli
Condo Deal

Trump Sues Over Israeli Condo Deal

Says builders made $36M on his name —without building

(Newser) - Nobody makes a sucker out of Donald Trump…at least not without getting sued. Trump is taking an Israeli condo developer to court, saying the company profited off his name without giving him a cut. The developers made a deal to build a 70-story Trump Plaza residential and commercial tower...

May-December Effect Is Real
 May-December Effect Is Real  

May-December Effect Is Real

Age gap at first marriage shrinks

(Newser) - The older men are when they walk down the aisle, the more likely they are to have a younger bride, according to a new study. Famous May-December pairings usually involve the rich and famous—think Donald Trump or Larry King—but the trend holds up at every income level, the...

NBC Sacks OJ for Apprentice
 NBC Sacks
 OJ for
 Apprentice 

NBC Sacks OJ for Apprentice

Simpson gets thumbs down for Celebrity Apprentice

(Newser) - Donald Trump won't have the chance to hire—or fire—OJ Simpson on the upcoming season of Celebrity Apprentice, E! Online reports. The ex-footballer, awaiting trial on kidnap and robbery charges, had approached Trump about a spot in the show, but he never got to the 10-yard line, said an...

OJ to Trump: 'Hire Me!'
OJ to Trump:
'Hire Me!'

OJ to Trump: 'Hire Me!'

Simpson wants spot on Celebrity Apprentice ; Donald, NBC 'being very cautious'

(Newser) - OJ Simpson, who is awaiting trial on kidnap and robbery charges, wants a shot at Donald Trump's Celebrity Apprentice, the New York Post reports. Trump and NBC "are being very cautious," the source said. "There's a certain amount of heat associated with Simpson."

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