Thursday, November 14

Day: October 6, 2023

Trump’s penthouse value estimate boosted by millions due to his fame, execs testify in fraud trial

Trump’s penthouse value estimate boosted by millions due to his fame, execs testify in fraud trial

NEW YORK (AP) — Donald Trump’ s corporate executives once boosted the estimated worth of his Trump Tower penthouse by $20 million partly because of the value of his celebrity, according to trial testimony Thursday. Another $100 million hike in the estimate was based on a single email from a real estate broker, who hadn’t commissioned an appraisal, didn’t inspect the triplex and was told it was three times its actual size. From a witness stand, former Trump Organization controller Jeffrey McConney shed light Thursday on calculations central to Trump’s New York civil business fraud trial. New York Attorney General Letitia James’ lawsuit alleges the former president conspired with top executives to exaggerate his wealth and deceived lenders and others. Trump denies any wrongdoing. ...
Black voting power gets boost in Alabama as new US House districts chosen by federal judges

Black voting power gets boost in Alabama as new US House districts chosen by federal judges

MONTGOMERY, Ala. (AP) — Federal judges on Thursday selected new congressional lines for Alabama to give the Deep South state a second district where Black voters comprise a substantial portion of the electorate. The new map sets the stage for potentially flipping one U.S. House of Representatives seat from Republican to Democratic control and could lead to the election of two Black Congressional representatives to the state’s delegation for the first time. The judges stepped in to pick a new congressional map after ruling that Alabama illegally diluted the voting power of Black residents, and that the Republican-controlled Alabama Legislature failed to fix the Voting Rights Act violation when they adopted new lines this summer. “It’s a historic day for Alabama. It will be the first t...
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