Business

Home Business

MyPillow Evicted From Warehouse

2
Mike Lindell via Gage Skidmore Flickr

A Minnesota court has ordered MyPillow to be evicted from the warehouse it formerly used.

The Hill has more:

The Minneapolis warehouse is approximately 125,000 square feet and has been leased to Lindell since December 2015. The lease agreement between Lindell and the landlord, First Industrial LP, has been amended twice. It lasts 10 years, seven months and 20 days, and the monthly rent was $57,794.12, according to the eviction complaint.

According to the complaint, dated March 7, Lindell did not make rent payments for February and March 2024. Since it is not the first time MyPillow failed to pay its rent on more than two occasions in the previous 12-month period, per the lease agreement, the landlord is entitled to retake possession of the premises.

As of Wednesday, Lindell did not answer the eviction complaint or appear at the scheduled hearing, forcing the judge to order the eviction. He confirmed to the AP that MyPillow owes around $217,000 to the Delaware-based company for the rent.

Lindell said the company no longer needed the space and removed its property from the warehouse last June before subleasing it to another company through December. The company backed out in January and “left us all stranded.” MyPillow offered to find another tenant, but the landlord wanted to take the warehouse back, he told the newswire.

MyPillow CEO Mike Lindell faces multiple defamation lawsuits from two voting machine companies, after he spread lies that the 2020 presidential election was fraudulent and stolen from former President Trump. In February, a federal judge ruled he must pay $5 million in an election data dispute case.

Obama Claims New Yorkers ‘Don’t Take Trump Seriously’

7
The White House, Public domain, via Wikimedia Commons

During a podcast interview, former President Barack Obama swiped at Donald Trump claiming the former President is not taken “seriously” in the city he called home for years, New York City.

Obama appeared alongside Bill Clinton and President Biden in the newest episode of the “SmartLess” podcast. 

Obama was asked on the “SmartLess” podcast by co-host Jason Bateman whether he was surprised how quickly the “protection and passion for democracy was diluted” in recent years. Obama responded by noting the trend began during former President Clinton’s time in the White House before accelerating during his presidency.

“I have been surprised that there haven’t been guardrails inside the Republican Party. Trump didn’t surprise me,” he said, before taking aim at Trump.

“I mean, he comes from New York. There’s nobody in New York who does business with him or lend him money. He’s not considered a serious guy here,” Obama added.

Obama went on to explain how he thought more Republicans would say some of Trump’s behavior went too far.

“But, so I was surprised he was elected, but I wasn’t surprised in terms of his behavior. I did expect, and I suspect Bill and Joe, you’d agree with this, that there would be some folks in the Republican Party who would say, no, you can’t go that far. You can’t start praising Putin and saying that his intelligence is better than the US intelligence agencies,” he said.

Trump is currently on trial in New York for falsifying business records to make alleged hush money payments to porn actress Stormy Daniels.

Trump Media Investor Convicted Of Insider Trading

3
Arrest image via Pixabay

On Thursday, a Manhattan grand jury found financier Bruce Garelick guilty of insider trading charges in a scheme that involved the merger of former President Donald J. Trump’s social media company with a publicly traded shell company.

Federal prosecutors had charged Garelick with five counts of securities fraud and conspiracy. 

Authorities claimed Garelick shared confidential information with his boss and at least one other person that Trump Media & Technology Group, the parent company of Truth Social, was close to announcing a merger with Digital World Acquisition Group, the shell company.

Mr. Garelick, 54, a former hedge fund manager, had been a board member of Digital World. 

The New York Times has more:

The information helped two brothers — Michael Shvartsman and Gerald Shvartsman — make nearly $23 million in illegal trading profits by buying Digital World securities in advance of the announcement, which sent the stock soaring. Mr. Garelick, who worked for Michael Shvartsman at a small Miami-based venture capital firm called Rocket One, made about $50,000 by trading off what authorities said was nonpublic information.

Last month, the Shvartsman brothers decided to forgo a trial and pleaded guilty to securities fraud charges. In their plea agreements, prosecutors have recommended a sentence of roughly four to five years for Michael Shvartsman; and three to four years for his younger brother.

Digital World raised about $300 million from investors in its initial public offering in September 2021. A little over a month later, the SPAC announced a deal to merge with Trump Media. After a long delay, the merger was completed in March and Trump Media became a publicly traded company. Mr. Trump’s nearly 70 percent stake in the firm is worth about $6 billion.

In a closing argument, Daniel Nessim, a federal prosecutor, described Mr. Garelick as a “sophisticated professional” who “cheated” and used inside information to benefit himself and his boss, Michael Shvartsman.

Garelick could face at least 25 years in prison.

This is a breaking news story. Please check back for updates.

Amanda Head: Debt Deal Is A Disaster!

0

Capitol Hill is in a frenzy over the latest debt deal reached between lawmakers.

Watch Amanda explain the situation below:

Opinions expressed by contributors do not necessarily reflect the views of Great America News Desk.

Billionaire Makes Massive Political Contribution To Trump

1
Image via Pixabay free images

One of the largest single disclosed gifts ever…

A reclusive billionaire from a storied American family with a legacy dating back to the Gilded Age has made one of the largest political contributions in the history of American politics.

Timothy Mellon, heir to the Mellon banking fortune, made a $50 million contribution to the pro-Trump super PAC, Make America Great Again Inc.

At the end of April, the organization had only $34.5 million.

In a memo following Mellon’s donation, the PAC announced it had reserved $100 million in advertising through Labor Day.

The New York Times continues:

Mr. Mellon is now the first donor to give $100 million in disclosed federal contributions in this year’s election. He was already the single largest contributor to super PACs supporting both Mr. Trump and Robert F. Kennedy Jr., who is running as an independent. Mr. Mellon has previously given $25 million to both.

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

Democrats have sought to portray Mr. Kennedy as a spoiler supported by Republicans, in part by emphasizing Mr. Mellon’s dual contributions and seemingly split loyalties. The pro-Kennedy super PAC has distributed quotations from the hard-to-reach Mr. Mellon, and for a blurb that appears on the cover of Mr. Mellon’s upcoming book, Mr. Kennedy called the billionaire a “maverick entrepreneur.”

It is not clear what Mr. Mellon’s mega-donation means for his support of Mr. Kennedy going forward. He has so far toggled between giving to support both candidates. His most recent donation to Mr. Kennedy’s super PAC was a $5 million contribution in April.

But Mr. Mellon’s $50 million gift will significantly help pro-Trump forces narrow the financial advantage that President Biden and his allies have enjoyed so far. Miriam Adelson, the casino billionaire and widow of Sheldon G. Adelson, who died in 2021, has also made plans to fund a pro-Trump super PAC with at least as much money as the $90 million that her family gave in the 2020 campaign, although much of the cash has yet to arrive.

Mellon’s contributions follow Donald Trump‘s conviction in a hush money trial.

Critics argue that the case is politically motivated and based on an overly broad interpretation of campaign finance laws. They add that such payments are common among public figures seeking to avoid public scrutiny.

The Mellon family‘s wealth started when an Irish immigrant named Thomas Mellon founded T. Mellon & Sons’ Bank in Pittsburgh in 1869. His sons, Andrew W. Mellon and Richard B. Mellon, later grew the bank into a strong financial institution. This bank eventually became Mellon Financial Corporation, one of the largest banking institutions in the United States.

During the late 19th and early 20th centuries, Andrew Mellon played a crucial role in financing and supporting key industries such as aluminum, oil, and steel, contributing to the growth of major corporations, such as Gulf Oil, and Union Steel. As secretary of the Treasury from 1921 to 1932, his influence shaped the economic policies of the 1920s, known as the Mellon Plan, which contributed to the economic boom of the decade.

National Photo Company Collection, Public domain, via Wikimedia Commons

In 2007, Mellon Financial Corporation merged with The Bank of New York to form BNY Mellon, one of the world’s largest asset management and securities services companies, preserving their 150-year legacy in banking and finance.

Article Published With The Permission of American Liberty News

Family of Isaac Hayes Sues Trump Over Playing Hit Song

5
Gage Skidmore Flickr

The family of late soul singer Isaac Hayes is suing former President Donald Trump for using the icon’s music at his rallies, Isaac Hayes III announced last week.

 The filing accused the former president and the Republican Nation Committee of “willfully and brazenly” engaging in 134 counts of copyright infringement.

A letter to Trump and his campaign from the Georgia-based law firm Walker & Associates reads:

Our firm has been retained by the family and Isaac Hayes Enterprises, who own the copyright to the musical composition and recording “Hold On (I’m Coming)” (the “Song”). It has come to our attention that you or the campaign have authorized the illegal public performance of the Song on multiple occasions during various rallies for your political campaign without authorization from the copyright holder, despite being asked repeatedly not to engage in such illegal use by our client.

Upon information and belief, you, your campaign, and/or the RNC and other parties have willfully and brazenly engaged in copyright infringement in violation of several provisions of Title 17 U.S.C., including § 501, of the Copyright Act of 1976, as amended, over one hundred times. We have attached for your convenience a non-exhaustive list attached hereto as Exhibit A. As we prepared this letter, there was an additional use in Montana just two nights ago, even with your office apparently aware that you had no permission. We and the family hereby demand that you cease the continual infringement of our copyright and stop all unauthorized use of the Song.

The suit further demands Trump pay $3 million, stop using the song, and to remove any campaign multimedia of the song being played at rallies. Hayes’ estate also demanded Trump issue a statement acknowledging he played the song without permission.

MyPillow CEO Mike Lindell Sued For $800,000

1
Mike Lindell via Gage Skidmore Flickr

Ouch…

Shipping and logistics company DHL sued Mike Lindell’s MyPillow this week over an alleged shipping debt of nearly $800,000.

In the lawsuit filed in Minneapolis on Monday, DHL alleged Lindell’s company violated a previous lawsuit settlement from May 2023 which required MyPillow to pay off its $775,000 debt to DHL in 24 monthly installments.

According to the lawsuit, MyPillow only partially paid off the required installments, paying DHL $64,583.34, with the last installment in June.

DHL reportedly threatened to sue MyPillow in July and, after several months of no success, finally filed its lawsuit in court this week.

DHL is now seeking $799,925.59 from MyPillow, along with attorney fees and an 18% annual interest.

Gavel via Wikimedia Commons Image

Lindell who has been a vocal and active supporter of former President Donald Trump has been embroiled in a number of lawsuits over the past few years, including defamation lawsuits from Dominion Voting Systems and Smartmatic over his allegations that the 2020 election was rigged.

In February, Lindell was ordered to pay $5 million to a man after he lost his own “Prove Mike Wrong” challenge.

In March, MyPillow was evicted from a warehouse in Minnesota for allegedly being $200,000 behind on rent.

Judge Judy Labels Trump Hush Money Case ‘Nonsense’

2
Donald Trump via Gage Skidmore Flickr

A waste of time and taxpayer dollars…

“Judge Judy” Sheindlin called Manhattan District Attorney Alvin Bragg’s (D) hush money case against former President Trump “nonsense” in a recent interview.

“You gotta twist yourself into a pretzel to figure out what the crime was. [Bragg] doesn’t like him — New York City didn’t like him for a while,” Sheindlin said of Trump in a “Who’s Talking to Chris Wallace?” interview streaming Friday on Max.

“I would be happier, as someone who owns property in Manhattan, if the district attorney of New York County would take care of criminals who were making it impossible for citizens to walk in the streets and use the subway, to use his efforts to keep those people off the street, than to spend $5 million or $10 million of taxpayers’ money trying Donald Trump on this nonsense,” the longtime TV judge told Wallace.

Watch:

“I, as a taxpayer in this country, resent using the system for your own personal self-aggrandizement,” the “Judy Justice” personality said of Bragg.

OLYMPUS DIGITAL CAMERA

Asked by the CNN anchor what she thought of Trump, the 81-year-old former Manhattan Family Court judge replied, “I think he was a good businessman, a real estate guy. And he was certainly terrific on ‘The Apprentice.’”

The celebrity judge’s comments come as the Manhattan DA seeks an extension of the restraining order against former President Donald Trump. (RELATED: Manhattan DA Seeks Extended Gag Order Against Trump Amid Death Threats To Bragg)

They argue that Trump’s public statements have increased tensions and led to threats against Bragg and his team before Trump’s July 11 sentencing.

The Manhattan District Attorney’s Office charged Trump with 34 counts of falsifying business records as part of a hush-money scheme to prevent porn star Stormy Daniels from speaking out about her alleged extramarital affair before the 2016 presidential election.

Before Trump, no sitting or former president ever faced criminal charges. This is the lowest level felony in New York, any potential sentence will more than likely be served after the 2024 election.

As The New York Times reports:

The order, issued before Mr. Trump’s Manhattan criminal trial began in mid-April, bars him from attacking witnesses, jurors, court staff and relatives of the judge who presided over the trial, Juan M. Merchan.

Mr. Trump’s lawyers have sought to have the order lifted since Mr. Trump’s conviction in late May. But in a 19-page filing on Friday, prosecutors argued that while Justice Merchan no longer needed to enforce the portion of the gag order relating to trial witnesses, he should keep in place the provisions protecting jurors, prosecutors, court staff and their families.

Article Published With The Permission of American Liberty News

Palm Beach County Signs Off On Trump Airport Trademark Deal

2
Image via Pixabay

Palm Beach County commissioners narrowly approved a controversial trademark agreement Tuesday that clears the way for Palm Beach International Airport to be renamed after President Donald Trump — pushing forward a politically charged project that has divided local leaders and raised fresh concerns about taxpayer costs and oversight.

In a 4-3 vote, the commission signed off on a licensing deal with DTTM Operations LLC, the Trump family company that manages the president’s trademarks. The agreement gives Trump’s organization significant control over how the airport’s new identity is used, including authority over branding, marketing materials and the sale of airport-themed merchandise.

The vote marks the first official action by county commissioners tied directly to the airport renaming effort, which was mandated earlier this year by Florida lawmakers and signed into law by Gov. Ron DeSantis.

Under the agreement, the airport is expected to adopt the name “President Donald J. Trump International Airport,” matching trademark filings submitted by Trump’s company in February.

Supporters of the deal argued the county had little choice but to move forward after state lawmakers forced the renaming through Tallahassee. Republican commissioners said approving the trademark agreement ensures Palm Beach County retains at least some role in negotiations surrounding the airport’s future branding and operations.

But critics warned the agreement grants unusually broad authority to Trump’s business organization while locking the county into a deal with no clear exit strategy.

Democratic commissioners Gregg Weiss, Joel Flores and Bobby Powell Jr. voted against the measure, saying they were given less than 24 hours to review the final agreement before Tuesday’s meeting.

They also raised concerns about provisions allowing Trump’s company to approve how the president’s image and biography are used in airport promotions and displays. Another clause requires airport retailers to source airport-branded merchandise only from vendors approved by Trump’s organization.

Trademark attorney Josh Gerben said portions of the agreement go beyond what is typically included in standard licensing deals.

“Normally a trademark agreement focuses on quality control standards,” Gerben said. “It’s unusual to see language requiring retailers to purchase merchandise from approved sellers selected by the trademark owner.”

County Attorney David Ottey defended the provision during Tuesday’s meeting, saying it was designed to maintain quality standards and insisting the Trump family would not financially benefit from sales made inside the airport. However, county officials acknowledged they still do not know which vendors may ultimately be approved.

The agreement also contains no termination clause, meaning Palm Beach County would remain bound by the deal indefinitely unless state law changes in the future.

Beyond the political controversy, county officials continue to warn about the financial impact of the renaming project. Administrators estimate the airport overhaul — including signage changes, marketing updates, federal documentation and operational adjustments — could cost taxpayers roughly $5.5 million.

County leaders have repeatedly urged the state to cover those costs rather than forcing local officials to redirect funding away from other infrastructure projects.

Officials have also raised concerns in recent months about possible safety and logistical complications tied to changing the airport’s name, particularly involving aviation systems, emergency coordination and federal regulatory updates.

Still, with Tuesday’s approval now complete and Trump having already signed the agreement over the weekend, the renaming effort appears poised to move ahead — cementing one of the most politically symbolic airport name changes in the country.

This article originally appeared on Official Trump Tracker. Republished with permission.

Report: Trump Set To Become One Of World’s Most Wealthy People

0

Former President Donald Trump will become one of the 500 richest people in the world after his media company begins public trading on Tuesday, according to a report by Bloomberg News.

The Daily Caller has more:

Trump, the presumptive Republican presidential nominee, established the Trump Media & Technology Group (TMTG) in February of 2021 to develop an alternative social media website, following his removal from Twitter after the events of Jan. 6, 2021, with the new website “Truth Social” being unveiled in 2022. On Monday, TMTG completed a merging process with DWAC, a special-purpose acquisition corporation, that would allow the company to be publicly traded on the National Association of Securities Dealers Automated Quotations stock exchange, also known as the “Nasdaq” exchange, with Trump’s 58% stake in the company being valued at $3.9 billion, according to Bloomberg News. 

The share price of DWAC increased by 35.22% to close at $49.95 on Monday when the closing of the deal was announced, with the new company retaining the TMTG name and changing its stock ticker to Trump’s initials, “DJT.” The process will increase Trump’s net worth to $6.4 billion, according to Bloomberg.

Trump’s net worth, which until recently has primarily comprised real property of The Trump Organization, has been subject to varying estimates. The Australian Financial Review estimated his net worth to be $9.8 billion following the TMTG acquisition process, while Forbes maintains his net worth at $2.6 billion as of Monday — making him the 1,265th richest person in the world — with its highest-ever estimate for his net worth being $4.5 billion in 2016.

Truth Social has reported many losses since its creation, with Trump being the primary user of the platform with the largest number of followers. He often announces major legal and campaign decisions on the platform, similar to his use of Twitter during his presidency.

Trump will not be able to sell his stake in TMTG for at least six months following the commencement of trading