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.
The Washington Post Poised to Lose Money This Year, Considers Cutting 100 Jobs (Report)
thewrap.comreported Tuesday.Publisher Fred Ryan has had discussions with leadership at the paper about reducing head count from the current newsroom staff of roughly 1,000 employees, individuals with knowledge of the talks told The Times, through “hiring freezes for open jobs or other ways.” The budget-tightening is a reflection of a dramatic downturn in the paper’s finances — following a period of reinvestment and grown since Amazon founder Jeff Bezos bought the paper in 2013 — that has been shared by many news outlets, especially since Donald Trump left the White House.
According to the Times, The Post’s digital ad revenue dropped to around $70 million during the first half of 2022, close to 15% lower than the paper earned in the first half of 2021.
Worse, insiders told the Times that the Post has dropped below the 3 million paid digital subscribers that it had celebrated internally at the end of 2020.
Meanwhile, top competitors like the Times and the Wall Street Journal have grown their digital subscription bases in the last year and a half.
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