Posts by Amelia Frost
‘Makes No Sense’: Hollywood Shocked By Trump’s Film Tariffs Announcement
Hollywood reacted Monday with skepticism to US President Donald Trump’s announcement of 100 percent tariffs on foreign films, with movie insiders calling it a policy made up on the fly by a president who fails to understand how the industry works. “It makes no sense,” entertainment lawyer Jonathan Handel said of Trump’s idea. Handel explained…
Read MoreFrench Resistance Members Reunited 80 Years After End Of WWII
Renee Guette, 98, laughed as she looked at her computer screen in Texas. On the other end of the video call was 97-year-old Andree Dupont, living in France. The women, who supported the French resistance against Nazi occupation, had a moving reunion in April — it was the first time they had seen each other…
Read MoreTrump Crypto Deals Provoke Senate Backlash and Calls for Investigation
Senate Democrats are demanding changes to cryptocurrency legislation pending in Congress, responding partly to growing evidence that the Trump family is using its connections and President Trump’s power to profit from crypto trading. The pushback intensified late last week after a closed-door meeting among Senate Democrats in which Senator Chuck Schumer, the Democratic leader, told…
Read MoreCredit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger. Federal prosecutors said on Monday that UBS, which rescued Credit Suisse from the brink of collapse two years ago, would pay $510 million in fines for the role Credit Suisse played in helping clients evade taxes. Credit Suisse, among other…
Read MoreFord Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped its forecast for the year, saying that predicting the future had become too hard. Ford is less affected by President Trump’s 25 percent tariffs on…
Read MoreNewark Delays Persist as Union Official Says Controllers Briefly Lost Contact With Planes
Air traffic controllers briefly lost communication with planes at Newark Liberty International Airport last week, according to the workers’ union, a revelation that came as travel disruptions there extended into a second week. Galen Munroe, a spokesman for the union, the National Air Traffic Controllers Association, said that on April 28, controllers in a Philadelphia…
Read MoreFord Sees $1.5 Bn Tariff Hit This Year, Suspends 2025 Forecast
Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty. The carmaker estimated a full-year hit of about $1.5 billion in adjusted operating earnings following President Donald Trump’s myriad tariff actions since returning to the White…
Read MorePam Bondi Declares Housing Detained Migrants in Alcatraz Would Be ‘Cost Saving’ Despite Prison Being Shut Down Over Pricey Upkeep
Pam Bondi claimed that rebuilding and reopening Alcatraz would be “cost-saving,” despite high operating expenses being the reason it was shut down in 1963. U.S. Attorney General Pam Bondi stated housing detained migrants at the infamous Alcatraz prison would be “cost saving,” despite the federal penitentiary closing because of its pricey upkeep. Over the weekend,…
Read MorePentagon Chief Orders 20% Cut In Number Of Top Officers
Pentagon chief Pete Hegseth on Monday ordered at least a 20 percent reduction in the number of active-duty four-star generals and admirals in the US military, a memo from the defense secretary said. The move is the latest major shakeup at the Pentagon under President Donald Trump’s administration, which has already fired a series of…
Read MoreRepublican Strategist Notes ‘Escape From Alcatraz’ Was on TV This Weekend as Trump Declares He Was ‘Supposed to Be a Movie Maker’
President Donald Trump announced plans to reopen Alcatraz prison the same weekend as the film “Escape from Alcatraz” was being shown on TV, a political strategist noted. Alcatraz, once a maximum-security federal prison, was closed in 1963 due to high operational costs and has since become a prominent tourist attraction managed by the National Park…
Read MoreTrump ‘Lives in Fear’ of Developing Dementia, Alzheimer’s Like His Father, Political Analyst Claims
President Donald Trump reportedly “lives in fear” of inheriting the same cognitive decline that claimed his father, according to political analyst Timothy L. O’Brien. Fred Trump, a prominent New York real estate developer, was formally diagnosed with dementia in 1991 and later died from Alzheimer’s-related complications in 1999 at age 93, according to the Daily…
Read MoreGlobal Film Industry Reels From Trump Tariff Announcement
The cinema industry is reeling after US President Donald Trump announced 100-percent tariffs on foreign films, casting uncertainty over the future of international productions. Trump announced on Sunday he was directing relevant government agencies to “immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are…
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