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Dan Mangan in political news

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Donald Trump - Dan Mangan - Devin Nunes - Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock - cnbc.com

Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock

Trump Media has warned the CEO of the Nasdaq Stock Market of 'potential market manipulation' of the company's stock by "naked" short selling of shares. The warning came as Trump Media has offered shareholders detailed instructions on how to avoid someone loaning out their DJT shares to short sellers, who then execute trades betting that the price of the stock will fall. Trump Media disclosed the warning to Nasdaq CEO Adena Friedman in a filing Friday morning with the Securities and Exchange Commission. DJT's share price has rallied in recent days, but is still sharply lower than the more than $70 per share it debuted with on Marc

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Donald Trump - Dan Mangan - Trump Media shares soar in second day of strong gains for DJT stock - cnbc.com

Trump Media shares soar in second day of strong gains for DJT stock

The share price of Trump Media soared by as much as 21% Thursday, before pulling back a bit in volatile trading. It was the second day in a row of strong gains for the owner of the Truth Social app. DJT shares rose above $31 in early trading, a bump that could squeeze short sellers who have made recent bets that the stock price would fall. By 11:26 a.m. ET, shares were trading at $29.71, an increase of more than 12.5% from the open price.

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Joe Biden - Donald Trump - Beau Biden - Dan Mangan - Biden Says - Biden says Trump 'doesn't deserve to be the Commander in Chief for my son' - cnbc.com - Usa - state Pennsylvania - Russia - France - state Delaware - city Paris - city Pittsburgh, state Pennsylvania

Biden says Trump 'doesn't deserve to be the Commander in Chief for my son'

President Joe Biden on Wednesday choked up as he blasted Donald Trump, saying the presumptive Republican presidential nominee "doesn't deserve to be the Commander in Chief for my son." Biden's scathing comment referenced both his late son Beau Biden, who served as a major in the Delaware Army National Guard, and Trump reportedly calling dead U.S. servicemen in a French cemetery "suckers and losers" when he was president. The incumbent Democrat made the remarks during a speech to a group of United Steelworkers union members in Pittsburgh, Pennsylvania. "But one of the things that I was, as I was doing it today, I was reminded of what my opponent said in Paris not too long ago," Biden said. "They asked him to go visit Americ

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Donald Trump - Dan Mangan - Trump Media shares rise more than 10% in early trading after days of declines - cnbc.com

Trump Media shares rise more than 10% in early trading after days of declines

The price of Trump Media shares rose more than 10% in early trading Wednesday. The big bump for DJT followed two days of share losses on the Nasdaq. Trump Media, which owns the Truth Social app, closed more than 14% lower on Tuesday, and more than 18% on Monday. The company, whose majority shareholder is former President Donald Trump, began public trading on March 26 with an openin

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Donald Trump - Dan Mangan - Trump Media shares fall more than 10%, company says Truth Social to launch TV streaming - cnbc.com - city New York - New York

Trump Media shares fall more than 10%, company says Truth Social to launch TV streaming

Trump Media shares fell by more than 10% on Tuesday morning after the company announced its Truth Social platform is moving to launch a live TV streaming platform. The plummet of DJT shares came a day after they closed more than 18% lower. Trump Media's majority shareholder is former President Donald Trump, who holds nearly 60% of its stock. Trump is in court in New York for jury selection in his criminal hush money case. The company's market capitalization has decreased by more than $5 billion since its stock began public trading on March 26 afte

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Dan Mangan - Damian Williams - New York tax preparer charged with causing more than $100 million in losses from fraudulent returns - cnbc.com - Usa - city New York - New York - Russia

New York tax preparer charged with causing more than $100 million in losses from fraudulent returns

A New York tax preparer was arrested Monday on charges related to causing "substantially" more than $100 million in tax losses through the filing of false returns — one of the largest tax frauds ever by a preparer, federal prosecutors said. The preparer, Rafael Alvarez, orchestrated a "wide-ranging scheme" at his Bronx firm ATAX New York "to file tens of thousands of federal individual income tax returns" that included false information to reduce the tax liability of their filers, according to prosecutors. The false information allegedly included bogus itemized deductions, fake capital losses, and phony business expenses and tax credits. "Many of the numbers that Alvarez entered were completely fictitious, and were not supported by any evidence or documentation," an indictment against him alleges. The 60-year-old Alvarez became known to customers as "The Magician" for his "ability to make customers' tax burden disappear," said Manhattan U.S. Attorney Damian Williams on Mo

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Joe Biden - Donald Trump - Michael Cohen - Dan Mangan - Alvin Bragg - In New - Trump criminal hush money trial starts Monday in New York with jury selection - cnbc.com - city New York - New York - Russia - city Manhattan - Brazil

Trump criminal hush money trial starts Monday in New York with jury selection

The hush money trial of Donald Trump is set to kick off Monday in New York with jury selection, the first time a former U.S. president has ever faced a criminal trial. Trump's lawyers last week repeatedly sought to delay Monday's start date with last-ditch efforts in an appeals court, but those efforts all failed. In all, defense attorneys tried about a dozen times to dismiss or delay the trial, but only succeeded in pushing it back by a few weeks. Trump, who is the presumptive Republican presidential nominee, is charged with nearly three dozen counts of falsifying business records in Manhattan Supreme Court, where he will be required to be in the courtroom every day for the trial. It is expected to last about six weeks or more.

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