All articles tagged with #trump organization
Trump Mobile, a smartphone service launched by the Trump Organization, is delaying the shipment of its gold-colored T1 Mobile phones until the end of January due to the recent U.S. government shutdown, with initial plans to ship by the end of the year.
The ownership of Trump Mobile remains unclear, with the company licensed by The Trump Organization but operated by T1 Mobile LLC, whose ownership and management details are largely unknown, and linked to attorney Stuart Kaplan. The Trump Organization owns the trademarks used by Trump Mobile but does not seem directly involved in its day-to-day operations.
New York City has awarded licenses to three Las Vegas-style casinos at sites near Queens, the Bronx, and JFK Airport, promising job creation and revenue, despite opposition over gambling addiction concerns. The projects include plans by Hard Rock, Bally’s, and Resorts World, with estimated combined revenues of $7 billion from 2027 to 2036, and potential financial gains for the Trump Organization.
While President Trump publicly defended the need for foreign workers, his company sought a record 184 foreign workers in 2025 through H-2A and H-2B visas for various properties, with a total of 566 foreign workers requested during his five years in office.
MGM Resorts withdrew its bid to develop a full-scale casino in Yonkers due to economic reasons and fierce competition, leaving three other projects in the running for New York state casino licenses, amid political controversy and local disappointment.
Donald Trump’s net worth surged by $3 billion in a year to $7.3 billion, largely driven by his involvement in cryptocurrency ventures, including a memecoin and tokens from World Liberty Financial, alongside strategic real estate and business deals, making this his most lucrative year ever.
A New York appeals court has overturned a $500 million civil fraud penalty against Donald Trump and his company, ruling that the fine was an excessive punishment violating the Eighth Amendment, while maintaining other non-monetary penalties. The case, initiated by NY Attorney General Letitia James, involved allegations of overvaluing assets and business fraud, but the court found the monetary penalty to be disproportionate and subject to appeal.
The U.S. attorney’s office has subpoenaed New York Attorney General Letitia James amid ongoing investigations into her legal actions against the Trump Organization and the NRA, with James condemning the move as political retribution and defending her office's efforts to uphold the law.
The Trump Organization has removed the 'Made in the USA' label from its new gold T1 smartphone, citing doubts about American manufacturing capabilities, despite claims from a spokesperson that the phone is proudly made in the U.S. The device's specifications have also been altered post-announcement, raising questions about the manufacturing claims and the company's transparency. This move comes amid ongoing efforts by Donald Trump to promote domestic manufacturing in the tech sector.
The Trump Organization launched a $499 smartphone called the T1, initially claiming it was 'designed and built in the US,' but later revised the claim to focus on 'American hands' and 'American values,' amid skepticism about the phone's US manufacturing. The device's specifications and marketing have been inconsistent, and experts doubt it can be fully made in the US. The phone plan includes telehealth services, but questions remain about its affordability. The venture is unlikely to disrupt the US wireless market significantly, as it operates as a virtual network provider.
The Trump Organization announced a $499 made-in-America smartphone called the T1, but industry experts doubt its feasibility due to high manufacturing costs, supply chain issues, and lack of details, suggesting it may be more of a marketing stunt than a viable product.
The Trump Organization announced a $500 'Made in America' smartphone called the T1, but industry experts are skeptical about its feasibility due to the complexities and costs of domestic electronics manufacturing, and the lack of details about the production process and components. The device is expected to be assembled overseas initially, with plans to eventually manufacture in the U.S., but experts doubt the product's viability at the claimed price point.
The Trump Organization has launched Trump Mobile, a new wireless service offering a $499 phone called the T1, with plans costing $47.45/month, including unlimited talk, text, data, and additional services like telehealth. The phone is marketed as designed and built in the US, but manufacturing details remain unclear, and it will operate on major US networks via an MVNO. The move appears to be part of a trend of celebrity-branded mobile services, though industry experts suggest it may not significantly disrupt the market.
Analysts believe the Trump Organization's $499 smartphone, touted as 'built in the USA,' is likely manufactured in China and assembled in the U.S., making it vulnerable to tariffs on Chinese imports, despite claims of American production.
The Trump Organization's new MAGAphones, set to launch in August at $499, face significant challenges in being fully manufactured in the U.S., with experts suggesting most components will likely need to be imported from abroad, especially China, due to the complexity and time required for full domestic production.