In other news, Facebook has decided to rebrand with the name Meta, but the flagship social media platform will still be Facebook.
Meanwhile, liquidations of companies going out of business in the UK are now at their highest point since the global financial crisis in 2009.
Total company insolvencies in England and Wales jumped in the three months to the end of September to their highest since the start of the COVID-19 pandemic at 3,765, up 43% on a year earlier, government data showed on Friday.
Finally, revenue at Trump's properties has continued to decline as he tries to maintain dominance over Republican politics.
Revenues from some of his high-end properties have declined, vacancies in office buildings have increased and his lenders are warning that the company’s revenues may not be sufficient to cover his debt payments, according to Trump’s financial disclosures as president, Trump Organization records filed with government agencies, and reports from companies that track real-estate company finances.
Prospective tenants in New York are shunning his buildings, one real-estate broker said, to avoid being associated with Trump. Organizers of golf tournaments have pulled events from his courses. [...]
At 40 Wall Street, the 72-story skyscraper that was among Trump’s proudest acquisitions, problems that started before the pandemic have gotten worse, according to reports from firms that track real-estate performance. After the Jan. 6 U.S. Capitol riots, some of Trump’s large tenants, including the Girl Scouts and a nonprofit called TB Alliance, said they were exploring whether they could get out of their leases. One commercial real-estate broker says many prospective tenants won’t consider the building because Trump’s name is on it.
In some personal news, I have black and red hair now! I will update my profile photo on this platform and others once I feel good about a new headshot.
I know the past two weeks have been very slow here but it's more likely than not that's going to be the norm until after the new year. Congress has left Washington again and after a series of votes toward the end of November, they'll go home until January. When they return it will be an election year.
I always feel bad when I have nothing significant to report or cover here and there's more of the same coming. I will continue to do my best.