Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
Disney is poised to be the top entertainment industry beneficiary of a potential improvement in U.S.-China relations, according to a veteran Wall Street analyst.
On the occasion of talks in California this week between China’s Xi Jinping and President Biden, Tim Nollen of Macquarie singled out Disney, ad tech firm The Trade Desk and video game software maker Unity as having the most to gain from the diplomacy.
China recently has become more isolationist and less democratic, by most measures, and the Biden Administration has made it a priority to mend relations after predecessor Donald Trump waged a trade war against China and engaged in other saber-rattling.
Disney’s “long history” of doing business in China makes it “a truly global brand relative to other traditional U.S. media companies,” Nollen wrote in a note to clients.
Read more on deadline.com
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