Wednesday, March 20, 2019

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business news today

'Shark Tank' billionaire Mark Cuban: 'If I were going to start a business today,' here's what it would be - CNBC

Posted: 18 Mar 2019 10:28 AM PDT

Tech titan Mark Cuban listens to entrepreneurs' countless business ideas thanks to his starring role as a judge on ABC's "Shark Tank."

But Cuban recently revealed what areas of technology he'd focus on if he were to launch a business today. "If I were going to start a business today, I'd build it around Alexa and Google Home," he told Recode's Peter Kafka at the South by Southwest conference in Austin, Texas.

Alexa is the virtual assistant developed by Amazon. Google Home is the speaker system through which customers can use the voice-activated virtual assistant, accordingly named Google Assistant.

"Alexa skills and scripting Alexa skills is really, really easy. But everybody thinks it's really, really hard. And so that disconnect is a great opportunity. And so I told my kids [and] other kids, learn how to script, and just go get your neighbors and set up all of these Alexa tools and you'll make $25, $30, $40 an hour," Cuban said.

"Scripting Alexa skills" means coding voice commands to enable the robot to complete the intended task.

Cuban also sees artificial intelligence as having a big future. He says the impact of AI will be more profound than most people realize.

"As big as PCs were an impact, as big as the internet was, AI is just going to dwarf it. And if you don't understand it, you're going to fall behind. Particularly if you run a business," he said.

"I mean, I get it on Amazon and Microsoft and Google, and I run their tutorials. If you go in my bathroom, there's a book, 'Machine Learning for Idiots.' Whenever I get a break, I'm reading it," Cuban told Kafka.

Where the internet was once a futuristic idea, it's now a mainstay of everyday life. So, too, will AI, according to Cuban.

He warns people to not take AI and its impact for granted. "If you don't know how to use it and you don't understand it and you can't at least at have a basic understanding of the different approaches and how the algorithms work," he said, "you can be blindsided in ways you couldn't even possibly imagine."

Even with strong interests in AI and virtual intelligence, the 60-year-old Cuban, who is worth $4.1 billion, said he's no longer motivated to start a business, at least not in the way he was when he was younger.

"The good news of having had the level of success I have is obvious, but the bad side is I kinda lost that piss and vinegar because I can think of 50 businesses I could start right now, ... but I don't want to give up time at home and all that," Cuban said in 2017 a conversation with Arianna Huffington. "So that's kind of the trade-off."

Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

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Viera hospital gets 5-star rating, and other health business news - Florida Today

Posted: 19 Mar 2019 06:57 AM PDT

Health First's Viera Hospital ranks nationally with 5-Star rating. Health First's Viera Hospital has earned the highest rating of five stars for patient experience from the federal government.

In 2015, the Centers for Medicare & Medicaid Services (CMS) first awarded Viera Hospital with a five-star rating. CMS released its current ratings in February 2019. Viera Hospital is: The only Brevard County hospital to receive five stars; One of nine hospitals in the State of Florida to receive five stars; One of 293 hospitals nationwide to receive five stars.

Health First's Cape Canaveral Hospital and Health First's Palm Bay Hospital both maintained a four-star rating. Health First's Holmes Regional Medical Center received three stars. Visit for more information.

To learn more about Health First, visit

Space Coast Thermography celebrates one-year anniversary. Space Coast Thermography, a non-invasive, radiation-free and compression-free medical thermal imaging company opened their doors in March 7, 2018. They celebrated their one-year anniversary with an open house and ribbon cutting with the support of the Cocoa Beach Regional Chamber of Commerce and the Melbourne Regional Chamber.

Space Coast Thermography is owned by Kristen Barry, Ph.D., CTT, a former Clinical Psychologist and breast cancer survivor, and her husband Chris Barry, CTT.

They utilize the highest resolution thermal imaging system available in Brevard County, have a Board Certified MD Pathologist who interprets all of their images, and they follow strict protocols to ensure that every patient's images are the most accurate and detailed.

More than 260,000 women in the U.S. will be diagnosed with breast cancer this year, and Thermography offers a radiation-free and compression-free imaging option that can detect the early signs associated with breast cancer several years before other imaging methods.

Space Coast Thermography offers breast screenings, women's health studies and full body studies. They work closely with a non-profit to help secure grant funding for those in need of financial assistance and to date 100 percent of the applicants have been awarded funding.

You can find out more about their services on their website at

They are located at 7125 Turner Rd., Suite 101 Rockledge, FL 32955. Call 321-574-9014 or email:

Parrish Healthcare has adopted athenahealth Population Health. Parrish Healthcare is proud to announce its strategic partnership with athenahealth, a leading provider of network-enabled services for hospital and ambulatory customers nationwide.

Population health management means being responsible for managing the overall health and well-being of a defined population, and being accountable for the health and well-being outcomes of that defined population.

With the powerful and patient-friendly technology of athenahealth, patients choosing to receive their care within Parrish Healthcare's nationally integrated care certified system will experience seamless connectivity to their physicians, other care partners and to their health information.

As an industry-leader in interoperability, athenahealth connects Parrish Healthcare with its national network of more than 100,000 healthcare providers. The collective knowledge and information shared among this network achieves the best possible health outcomes for the people, families and populations served.

The technology also makes it possible for Parrish Healthcare to follow care seamlessly across settings — doctor's office, diagnostics, or hospital — with all of the relevant information needed to manage health outcomes in easy reach.

West Melbourne office recognized as FMHC Florida Clinic of the Month. The Florida Medical Hearing Centers leadership convened to determine the provider and patient care coordinator that most emulates the culture and philosophy of the 47 Florida offices at FMHC for the month of February. Joseph Kundrot, HAS and Kathy Lee, PCC of W. Melbourne were chosen for this second award of its kind for FMHC. This award is given based on the criteria of personalized care, team spirit, office environment, positive reviews from patients and efficiencies of the office.

Kundrot is a licensed hearing aid professional who chose this field of practice because of his ability to make a significant impact on the lives of entire families through his expertise in providing better hearing.

Lee is a West Melbourne resident of more than nine years. She formerly worked in a rehab hospital and is familiar with the challenges of living with disabilities.

Parrish Healthcare welcomes new oncology physician. Parrish Healthcare welcomes Dr. Patricia Deisler, MD, as its newest board-certified physician at the Parrish Cancer Center, located at 845 Century Medical Drive, Suite B in Titusville.

Dr. Deisler is joining the team at Parrish Cancer Center, including Craig K. Deligdish, MD, board certified hematologist/oncologist; Cecil Robertson, MD, board certified hematologist/oncologist; Thomas F. Scheer, MD, FACRO board certified radiation oncologist; and Brian Bement, RTT, ASRT, ARRT, radiation therapist.

Dr. Deisler completed her undergraduate studies at Columbia University and her medical degree at Weill Cornell School of Medicine in New York. She then finished her internal medicine residency at St. Luke-Roosevelt Hospital Center in New York and HematologyOncology Fellowship at Cornell University Medical College.

Parrish Cancer Center and Dr. Deisler are accepting new patients. To schedule an appointment, call (321) 529-6202.

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BizBrief: Today's News To Know - Long Beach Business Journal - Long Beach News

Posted: 19 Mar 2019 09:02 AM PDT

Home Sales Rebound Statewide, But Continue Declining In L.A. County
Sales of single-family homes in California rebounded in February after declining to the lowest level in 10 years in January, according to the California Association of Realtors (CAR). Statewide closed escrow sales of single-family detached homes totaled 399,080 units, an increase of 11.3% from January. Sales in Los Angeles County declined by about 2.5%, however. "Lower interest rates and stabilizing home prices motivated would-be buyers to get off the fence in February," CAR President Jared Martin stated. Mortgage rates reached their lowest point in a year, improving housing affordability, he noted.

Long Beach Transit Launching Shuttle Service To UCLA
In a one-year pilot program, Long Beach Transit (LBT), the University of California, Los Angeles (UCLA) and the Westwood Business Improvement District are partnering to provide a daily commuter shuttle between Long Beach and UCLA's Westwood campus. The shuttle bus will depart three times a day on weekday mornings from two different Long Beach stops, with three return departures from Westwood in the afternoon. Tickets are $7 for a round trip and $4 one-way. Monthly passes cost $120, with discounted prices available for seniors and customers with disabilities. The pilot program is the result of a series of public meetings held by LBT in 2017 and 2018. "The community asked us for service to Westwood and UCLA so they could get out of their cars," LBT President and CEO, Kenneth McDonald said. "Struggling with traffic on the 405 is not fun and we're piloting this service to measure demand."

Kimberley Holtz To Lead Survey Division At Port Of Long Beach
Kimberley Holtz has been appointed to lead the survey division at the Port of Long Beach (POLB). According to POLB, this division "checks depths in the harbor to support safe navigation and assists port operations in areas such as utility marking, property rights and construction projects." The release further noted that Holtz "is the only person who is both a Licensed Professional Land Surveyor and a Licensed Geologist in the State of California." Holtz has spent over a decade in the public sector, previously working for the city's public works and energy resources departments, as well as in various positions within the Orange County government. (Photograph courtesy of POLB)

Longtime LBCC Sculpture Professor Wins Educator Award
Coleen Sterritt, a sculpture professor at Long Beach City College, is the winner of the International Sculpture Center's 2019 Outstanding Educator Award. She is the first community college educator to win the award, which was previously only given to university professors, according to statement from LBCC. Reagan Ferragamo Romali, superintendent-president of LBCC, stated that "the award is a true testament of Coleen's talent as an artist and as an educator." Sterritt has served as a professor and faculty coordinator for the school's sculpture program since 1998. Her sculptural work has been exhibited internationally, and is included in collections at institutions such as the Los Angeles County Museum of Art and the Museum of Contemporary Art. She has been teaching since 1983. (Photograph courtesy of LBCC)

CSULB Student Among Winners In National Performing Artist Competition
Cade Gotthardt, a Long Beach resident and California State University, Long Beach student, is a winner of the 2019 Yamaha Young Performing Artist (YYPA) competition. Gotthardt is one of only 11 musicians nationwide to earn the prestigious distinction, which is awarded to young musicians studying in the United States who show exceptional talent in jazz, classical and contemporary genres, according to a press release. Gotthardt is a jazz trumpeter who plays in the university's award-winning Concert Jazz Orchestra and is expected to graduate from CSULB this spring. This year's YYPA winners each receive an all-expenses-paid trip to an award celebration weekend at Ball State University in Indiana, where they will perform in front of thousands of attendees and participate in workshops designed to help them jump-start their careers. (Photograph by Keith White)

Did Trump keep his 19 promises to insulate himself from his business? Only he knows. - USA TODAY

Posted: 18 Mar 2019 03:12 AM PDT

Donald Trump promised to keep his business and his presidency separate. Two years and many entanglements later, they face expanding investigations.

Days before he took office in January 2017, Donald Trump mounted a stage in New York flanked by a team of attorneys and stacks of manila envelopes to present his answer to a question no other modern president has confronted.

The papers and the lawyers were there to explain how Trump would simultaneously serve in the nation's highest office and maintain his ownership of an international business empire emblazoned with his name. Trump declared that he was "turning over complete and total control to my sons," then had his attorney detail a six-page plan to insulate the businessman-president from potential conflicts of interest.

It contained 19 promises to do with everything from Trump placing his assets in a revocable trust to walling himself off from information about his namesake company.

Two years later, Trump has kept at least eight of his promises – though sometimes in ways experts said did little to resolve the conflicts. But information about his business is so secretive that for nearly all the rest, the only way to know whether Trump kept his promise is to take his word for it.

That could change as federal prosecutors and congressional investigators press for more details about Trump's businesses.

The House's Democratic majority has said it plans to conduct wide-ranging examinations of the relationships between Trump's business and his presidency. His promises – the extent to which they were kept, and the extent to which they skirted some of the thorniest intersections between his business and his administration – could provide one lens for conducting those inquiries.

"The president has turned the government of the United States into a money-making operation for his family, his friends and himself," said Rep. Jamie Raskin, D-Md., a member of the House oversight committee. "This is a complete betrayal of the constitutional design."

Meanwhile, the president's business have sprouted new entanglements. Dozens of lobbyists and contractors still pay dues as members of his private clubs, and some have received favorable treatment from his administration. At least eight of his customers have been appointed to senior government roles. His companies have accepted payments from both the U.S. and foreign governments.

Trump faces lawsuits over his ownership of a hotel that caters to foreign guests. And his company has become a central subject in two criminal investigations that have loomed over his administration, one by special counsel Robert Mueller into Russian election interference and another examining illegal payments to two women who claim they'd had sex with Trump.

Protesters carry signs and banners outside of Trump Tower in New York in February 2019.

Protesters carry signs and banners outside of Trump Tower in New York in February 2019.

Rep. Gerry Connolly, D-Va., said Democrats on the Oversight and Reform Committee have been concerned about Trump's business conflicts since before he was sworn in because they thought his steps to separate himself from his business were insufficient. "All of those fears have been borne out, and then some," he said.

Former Office of Government Ethics director Walter Shaub, who denounced Trump's ethics plan the day it was announced, said Trump "still gets an F for ethics" even if he followed through on every one of his promises.

"In some ways, it's like a bank robber saying from now on I will only wear a blue shirt and yellow tennis shoes when I rob banks, and then analyzing whether he did that when he robbed banks," he said. "It doesn't alleviate the problem."

Neither the White House nor the Trump Organization responded to questions about the president's promises. 

USA TODAY tracked Trump's 19 promises by reviewing state and federal records, documents assembled by prosecutors and other news organizations. Together, they offer the clearest picture to date of Trump's efforts to separate his government from his business interests – though after two years, it remains surprisingly incomplete.

Here are all 19 of the promises:

No deals with foreign countries

1. The Trust Agreement prohibits The Trump Organization from entering into any new transaction or contract with a foreign country, agency, or instrumentality thereof, including a sovereign wealth fund, foreign government official, or member of a royal family, the United States government or any agency or instrumentality thereof, or any state or local government or any agency or instrumentality thereof, other than normal and customary arrangements already undertaken before the President-Elect's election.

Status: Promise not kept. The Trump Organization has yet to publicly release the trust agreement, or any portions of the document showing that transactions with foreign governments are prohibited. The company hasn't taken any new deals with foreign countries but has continued to work on several foreign deals that were arranged before Trump took office. Even without the new deals, Trump's former business partners have continued working and an influx of deals could be on the table once Trump leaves the White House. One former partner told Forbes last year that Trump, since becoming president, had asked about plans for a potential tower in the country of Georgia.

Even without foreign deals, the company has continued to see an influx of business from foreign countries, most notably from Saudi Arabia.

So far throughout Trump's presidency, two foreign heads of state stayed at Trump's Washington hotel, the Kuwaiti Embassy booked the hotel for its 2019 National Day celebration, and lobbyists representing the Saudi government paid for blocks of rooms and catering services at the hotel. The lobbyists spent more than $270,000 for the rooms, which came as the country was fighting to roll back a U.S. terrorism law.

The Trump International Hotel in Washington.

The Trump International Hotel in Washington.
Alex Brandon, AP

Trump faces a lawsuit brought by the District of Columbia and Maryland, and another brought by a group of more than 200 Democratic lawmakers, alleging that the arrangement with hotels violates the Constitution's Foreign Emoluments clause, which they say should prohibit him from taking payments from a foreign government.

In January, the inspector general for the General Services Administration, which leases the Old Post Office Building where Trump's Washington hotel is located to the Trump Organization, said the agency's lawyers should have tried to determine whether letting Trump operate his namesake hotel as president violated that prohibition. Instead, it concluded, the agency "ignored the Constitution."

In addition to the business with foreign governments, the Trump Organization has engaged in transactions involving state government entities since Trump took office. The Maine state government spent more than $22,000 to rent 40 rooms at the Trump hotel in Washington for then-Gov. Paul LePage and his staff over the past two years, The Portland Press-Herald reported. Florida's departments of corrections and juvenile justice have spent more than $12,000 on travel and lodging at the Trump National Doral facility since Trump took office, according to a USA TODAY review of the state's spending records

No involvement in Trump Organization

2. Collectively – and unanimously – Allen, Don, and Eric will have the authority to manage The Trump Organization and have full decision-making authority for the duration of the Presidency, without any involvement whatsoever by President-Elect Trump.

Status: Unknown. A certification of trustee – essentially a summary of the legal documents setting the terms of the president's trust – does not contain any statements about who is managing the Trump Organization.

Trump's most visible involvement with his business since taking office has been repeated visits to his properties, which experts say has brought valuable publicity to them. Trump has visited one of his branded properties on more than a quarter of his days in office, according to trackers maintained by NBC News and The New York Times.

Shaub, the former top ethics official for the executive branch, said in recent Congressional testimony that "the president has unfortunately done nothing" to discourage interested parties from visiting his properties to potentially curry favor with him.

"We have a situation now where people who seek to influence the government can funnel bags of cash to the president through his various properties," Shaub told the House Committee on Oversight and Reform. 

If nothing else, his private clubs offer one avenue for people seeking to influence the president. The founder of a chain of Florida day spas at the center of a series of prostitution arrests, Cindy (Li) Yang, also ran a consulting business offering Chinese clients access to Trump, Mother Jones reported.

People walk by Trump Tower in Midtown Manhattan on Dec. 10, 2018.

People walk by Trump Tower in Midtown Manhattan on Dec. 10, 2018.
Spencer Platt, Getty Images

In a recent interview with The New York Times, Trump suggested that he is monitoring the financial impact of his presidency on his businesses.

"I get a kick out of these people saying 'Oh, a rich Arab stayed at his hotel,'" Trump said, according to a transcript. "You know, I'll bet you between opportunity cost and actual cost, you know but I lost massive amounts of money doing this job. This is not the money. This is, this is one of the great losers of all time."

Ethics adviser must approve all deals

3. Under the terms of the Trust Agreement, written approval of the Ethics Advisor is required for all actions, deals, and transactions that could potentially raise ethics or conflict-of-interest concerns.

Status: Unknown. If the Trump Organization has such a policy, it's not reflected in any documents available to the public. The certification of trustee document makes no mention of any prohibition on foreign or domestic deals.

The Trump Organization has declined to make the full trust agreement public.

Terminate more than 30 pending deals

4. The President-Elect therefore directed The Trump Organization to terminate all pending deals – over 30 in number – which resulted in an immediate financial loss of millions of dollars, not just for President-Elect Trump but for Don, Ivanka, and Eric as well.

Status: Unknown. The Trump Organization has not produced any documentation that would verify the termination of pending deals prior to Trump taking office.

None of the Trump Organization records that have become public define exactly what the company and its lawyers mean by "deals" or identify which ones were pending at the time Trump took office.

Russian businessman and singer Emin Agalarov told Forbes magazine in 2017 that the Trump Organization had signed a letter of intent to build a Trump Tower in Moscow following the Miss Universe Pageant there in 2013, then in July 2017 emailed the magazine through a representative to deny that any documents were signed. The Trump Organization has not answered questions from USA TODAY about whether this letter of intent was signed, and whether it was ever canceled or rescinded.

No new foreign deals during his presidency

5. [T]he Trust Agreement prohibits – without exception – new foreign deals during the duration of President-Elect Trump's Presidency. Specifically, the Trust and The Trump Organization will be prohibited at all times during the Presidency from engaging in any new deals with respect to the use of the "Trump" brand or any trademark, trade name, or marketing intangibles associated with The Trump Organization or Donald J. Trump in any foreign jurisdictions.

Status: Unknown. This policy has not been put in writing in any legal document available to the public. The certification of trustee makes no mention of any prohibition on foreign deals.

While there has been no evidence of new foreign business relationships formed during Trump's presidency, it is unknown whether or not the Trump Organization has pursued new foreign deals during Trump's presidency, and whether President Trump has helped lay the groundwork for future Trump Organization projects through diplomatic relationships formed while in office.

However, the Trump Organization has continued to push forward on early-stage development deals which were made before Trump was elected. Donald Trump Jr. has traveled to India to help launch residential development projects, The Washington Post reported. And while the Trump Organization continued to move forward with a pre-election deal to develop a residential building in the Philippines, the nation named the Trump Organization's Philippine partner to the deal as its trade representative to the Trump Organization.

6. [N]ew domestic deals will go through a rigorous vetting process. At a minimum, new deals shall require: the unanimous vote of approval of the Trustees, and written confirmation from the Ethics Advisor that the proposed transaction is both substantively and procedurally an arm's-length transaction, that it involves an appropriate counterparty, and that it does not raise potential conflicts of interest or similar ethics issues.

Status: Unknown. The Trump Organization declined to release to USA TODAY records demonstrating this process is in place.

USA TODAY revealed in 2017 that the president's companies had sold dozens of condos for millions of dollars to secretive limited liability corporations, entities created in a way that conceal the identifies of all buyers or beneficial owners of the companies. The share of Trump real estate deals involving those shell companies shot up around the time Trump secured the Republican nomination in mid-2016.

Bobby Burchfield, the company's ethics adviser, told USA TODAY in November 2017 that the company uses a four-part test to evaluate deals: is it at fair market value or in the ordinary course of business; is it an appropriate counterparty; is there any indication the deal is intended to curry favor with the president and is there any likelihood the deal could compromise or diminish the Office of the President.

"If someone wants to do business with the Trump entities in the form of an LLC, we look behind the LLC to see who the owner of it is and where the funding is coming from," Burchfield said. "If we can't determine that, we won't sign off on it."

Trump Tower in the Midtown Manhattan neighborhood of New York City, shown on March 16, 2016, has 58 floors of offices and condominiums, including 263 residential units.

Trump Tower in the Midtown Manhattan neighborhood of New York City, shown on March 16, 2016, has 58 floors of offices and condominiums, including 263 residential units.
Mark Lennihan, AP

But those deep-dive identifications and financial disclosures are difficult and easily spoofed, said Ross Delston, a Washington attorney specializing in anti-money-laundering compliance, who said Burchfield's test is largely subjective. "What we know of the Trump Organization's past real estate deals is they never see deals they don't like," he said.

Burchfield wouldn't say if he declined to sign off on any Trump real estate deals in 2017.

No say on Trump organization deals

7. President-Elect Trump will have no role in deciding whether The Trump Organization engages in any new deal…

Status: Unknown. It is not possible to verify whether Trump has had a role in any decision made by the Trump Organization since taking office. But since taking the White House, new business deals have been scarce.

Trump's sons ended up scrapping a deal this month to open two hotels chains, citing the hostile political climate, The New York Times reported. Some of the hotels were planned in areas that favored Trump in the 2016 election.

No knowledge of the organization's decisions

8 …and he will be completely sequestered from any information regarding the Organization's decisions.

Status: Unknown. Trump attorney Sheri Dillon conceded when she announced the conflict-of-interest plan that it was not feasible for Trump to completely sequester himself from information about the Trump Organization. Dillon observed that Trump will "know of a deal if he reads it in the paper or sees it on TV."

Trump deals can be particularly obvious ones because they often involve products with his name plastered onto them.

Additionally, many of the Trump Organization's deals are licensing deals which result in the "Trump" brand's placement on buildings or products owned by others – making the deals plainly visible to President Trump.

There is no way of knowing whether the president's sons run information or decisions by him, including during some of their many White House and campaign trail visits.

Last year, The Washington Post noted an appointment the president made that raised the question over whether Trump was in tune with the operations at the company. The paper reported that the company's board, during a private meeting, discussed removing Trump's name from his flagship hotel in Manhattan. New Jersey doctor Stephen Soloway was one of the board members who tried to halt the idea. Soloway was later nominated by the president to the President's Council on Sports, Fitness and Nutrition, which includes a host of celebrities.

Limited information about the trust's assets

9. [T]he Trust Agreement will sharply limit the information that the President-Elect receives regarding the Trust's assets. Reports transmitted to the President-Elect will only reflect the profit or loss of the Company as a whole. The reports will not include an accounting of the performance of each individual business within the Company.

Status: Unknown. The Trump Organization has yet to publicly release the trust agreement, or any portions of the document specifying the limits on the information Trump can receive about his businesses.

Eric Trump told Forbes Magazine that he plans to share profitability reports on the business with Trump "probably quarterly."

Trump has repeatedly said becoming president has cost him financially.

Fred Tansill, an attorney near Washington who specializes in trusts, said it would be difficult to fully insulate Trump from the details because much of the information about how his business is performing could appear on his personal tax returns, which he must sign.

No sharing of nonpublic information

10. Conversely, the President-Elect will not share nonpublic information with The Trump Organization or the Trust, and the Trust will not make use of any nonpublic information, from any governmental source, to engage in financial transactions on the Company's behalf.

Status: Unknown.

There is no way to know the contents of private discussions between Trump and executives of the Trump Organization. The company is run by his sons Donald Trump Jr. and Eric who say they speak with their father often and are high-profile political surrogates.

While Trump and his sons promised not to share new information, his son Eric said in a March 2017 interview with Forbes that he would continue to provide his father with Trump Organization updates "on the bottom line, profitability reports and stuff like that, but you know, that's about it."

Transfer assets into a trust

11. [A]ll of President-Elect Trump's investment and business assets, commonly known as The Trump Organization – comprised of hundreds of entities – have been or will be conveyed to a Trust, which will be managed for the duration of his Presidency by his sons, Don and Eric, and a Trump executive, Allen Weisselberg.

Status: Promise kept. The Donald J. Trump Revocable Trust was created on April 7, 2014, and amended most recently on Jan. 17, 2017, and its trustees are Donald J. Trump Jr. and Allen Weisselberg. Another of the president's sons, Eric Trump, is chairman of the trust's advisory board.

President Trump and Donald Trump Jr.

President Trump and Donald Trump Jr.

Two "Certifications of Trustee" signed in January and February 2017 by Trump Jr. and Weisselberg, the documents summarize some – but not all – of the contents of the trust agreement. The Trump Organization has not released the trust agreement itself, which would include more information on how it operates. It allows Trump to retain his businesses and withdraw funds on request.

Tansill, the Washington-area attorney, said those terms do little to separate Trump from his business. "What he's done here is exactly nothing," he said. "He has all the control in the world over all of his assets."

Northwestern University law professor Steven Harper said it's "illusory window dressing of a trust, but that's all it is."

Resign from official positions

12. President-Elect Trump will resign from all official positions he holds with The Trump Organization entities.

Status: Promise kept. On Jan. 19, 2017, Trump resigned from 488 business entities, according to a list made public by the Trump Organization.

The list reflects the breadth of the Trump Organization's sprawling international business empire, from the holding companies for his Mar-a-Lago resort and his domestic golf clubs to several corporations associated with planned developments in Saudi Arabia and Azerbaijan that never broke ground. The activities of other corporations from which Trump resigned his position, such as Chicago Unit Acquisition LLC, remain mysterious.

The Intercept in July 2017 reported that Trump had failed to resign from four of his businesses, months after his lawyers stated that his resignations were complete. Trump's resignation from his positions at those four entities have since been finalized.

Appoint an ethics adviser

13. President-Elect Trump is appointing an Ethics Advisor to the management team.

Status: Promise kept. In January 2017 , the Trump Organization announced that Burchfield, who was the top lawyer on President George H.W. Bush's 1992 re-election campaign, would be the company's independent ethics adviser.

Ivanka Trump must resign from her businesses

14. As part of her family's transition to Washington, D.C., President-Elect Trump's daughter, Ivanka Trump will resign from all of her positions in The Trump Organization and the Ivanka Trump brand/fashion business and will have no involvement with the management or operations of either organization.

Status: Promise kept. Records in New York show the president's daughter resigned from her positions in all of the business entities with which she was associated, though she remained an officer of an entity called IHOLDINGS CORP through May 2017.

The Ivanka Trump fashion brand closed in July 2018. The watchdog group Citizens for Responsibility and Ethics in Washington, or CREW, has noted the brand received trademarks from the Chinese government while the Ivanka Trump fashion line was still active and Trump was serving in the White House.

Dispose of easily liquidated investments

15. President-Elect Trump has already disposed of his investments in publicly traded or easily liquidated investments.

Status: Promise kept. Trump's financial disclosure statement, filed in May 2018 with the Office of Government Ethics, lists the president's assets and does not indicate he holds any publicly traded stocks or other investments.

Trust only holds two kinds of assets

16. The trust will hold only two kinds of assets: liquid assets, such as cash, obligations of the United States government, and positions in a government-approved diversified portfolio, and the President-Elect's preexisting, illiquid, very valuable business assets.

Status: Promise kept. All assets held by the Donald J. Trump Revocable Trust should be listed in Trump's financial disclosure statement. The document does not list assets other than those specified in the white paper.

Establish a new position of Chief Compliance Officer

17. To assist its employees in operating at the highest level of integrity and ethical standards, The Trump Organization has established the new position of Chief Compliance Officer. The sole responsibility of the Chief Compliance Officer is to ensure that The Trump Organization businesses are operating at the highest levels of integrity and are not taking any actions that actually exploit, or even could be perceived as exploiting, the Office of the Presidency.

Status: Promise kept. In late January 2017, the Trump Organization announced it had named one of its executives, George Sorial, to the position of chief compliance officer.

Restrictions on Trump Organization tweets

18.  …[T]he Trump Organization has directed that no communications of the Organization, including social media accounts, will reference or otherwise be tied to President-Elect Trump's role as President of the United States or the Office of the Presidency.

Status: Promise mostly kept. Social media sites for Trump Organization and its affiliates are largely free of any mentions of the president. But some vestiges remain. One tweet sent from the Trump Organization's main Twitter account in March 2018 highlighted Trump's skyscraper in Manhattan and included a photo of Trump standing next to a model of the tower. The photo was edited and cut out Trump's head in an apparent effort to refrain from depicting the president.

While the social accounts are largely free of references to the presidency, Trump's biography on the Trump Organization website does reference the office. And the president's sons, who are Trump Organization executives, frequently mix discussions of the business and praise for the president in their personal social media posts.

At Trump's Bedminster golf club in New Jersey, weddings were marketed with a brochure that the president "will likely stop in & congratulate the happy couple," The New York Times reported.

And of course, Trump himself repeatedly refers to his south Florida Mar-a-Lago club as his winter White House. He often does presidential business there and is planning to host an upcoming summit with Chinese President Xi Jinping.

In the gift shop of Trump Tower which is run by an independent operator who leases the space from the Trump Organization, USA TODAY spotted items such as mugs bearing the presidential seal, red hats emblazoned with "Trump" that look similar to Trump's Make American Great Again headwear and a multitude of American-flag items.

19. The President-Elect is announcing he will donate all profits from foreign governments' patronage of his hotels and similar businesses during his presidential term to the U.S. Treasury.

Status: At least partially kept, but full extent unknown.

The Trump Organization donated $191,538 to the government in 2018, and $151,470 in 2017. It said the donation "fulfills our pledge to donate profits from foreign government patronage at our hotels and similar businesses."

The Trump Organization in May released a copy of its policy for donating foreign profits after USA TODAY reported that it had refused to do so. The policy specifies that only readily identifiable profits from foreign governments will be segregated and donated to the U.S. Treasury – but not "all profits," as promised in January.

However, the policy released by the Trump Organization does not explain  how it determines which hotel guests are paying for their stays with foreign government money.

"To fully and completely identify all patronage at our properties by customer type is impractical in the service industry and putting forth a policy that requires all guests to identify themselves would impede upon personal privacy and diminish the guest experience of our brand," the policy document says.

Contributing: Nick Penzenstadler and John Kelly

Visible Supply Chain Management CEO Jared Starling Named a 2019 Utah Business CEO of the Year - Associated Press

Posted: 19 Mar 2019 09:41 AM PDT

This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

SALT LAKE CITY--(BUSINESS WIRE)--Mar 19, 2019--Visible Supply Chain Management (Visible) today announced that Jared Starling, the company's chief executive officer, has been honored as a Utah Business 2019 CEO of the Year. The award recognizes Utah CEOs who stand out above the rest—individuals who embrace innovation, adopt sound business strategies and have track records of proven success.

"With Jared's strategic leadership, we were able to grow a $33 million a year, single warehouse organization in 2012 to a $357 million a year organization today," said Casey Adams, president of Visible. "He has revolutionized an industry with single-digit compound annual growth rates, achieving a 72% CAGR over the last five years. These accomplishments are a reflection of the capabilities of Jared and our leadership team. Jared has built the Visible culture with his example of unmatched teamwork and the belief that good management is a constant effort; there are no shortcuts."

As CEO, Starling analyzes compelling data that shapes Visible's company strategy, methodology, innovations and offerings to save money and scale the businesses of its customers. "As a service-oriented business, we measure success by the success of our clients' businesses. Their growth is our growth. Their achievements are our achievements," said Starling.

Utah Business selected 17 of Utah's top CEOs for the list of 2019 CEO Of the Year Honorees—leaders who have not only put their companies first, but their people first. The honorees are professionals who bring teams together, support their employees and give back to their communities. Most importantly, they are someone who inspires others to believe in and live out the vision they have worked so hard to create.

Starling was determined and competitive long before he began leading Visible to success. He played volleyball on the Nike Junior Olympic team as well as at Orange Coast College, earning All-Conference Honors and leading the team in kills. He went on to graduate from the University of Utah - David Eccles School of Business in 2002. With more than 18 years in the fulfillment industry, Starling has advanced from an entry-level position at the beginning of his career to leading and managing a staff of 800+ employees at Visible today.

Details about The Utah Business 2019 CEO Of the Year Honorees are available at

About Visible Supply Chain Management (Visible)

Since 1992, Visible Supply Chain Management has provided customized solutions for B2B and B2C organizations. With comprehensive services in e-commerce, direct sales, direct response and omnichannel, Visible can design effective strategies for clients that include transportation, logistics, brokerage, fulfillment and even custom packaging solutions.

View source version on

CONTACT: Media Contact:

Shannon Michael, SnappConner PR




SOURCE: Visible Supply Chain Management

Copyright Business Wire 2019.

PUB: 03/19/2019 12:10 PM/DISC: 03/19/2019 12:10 PM

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