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He is not afraid of bad news; American Airlines Earnings: More Bad News The largest airline in the world is still burning a lot of cash and has way too much debt to manage. We know that the economy is likely to get worse in the immediate future as the pandemic is spreading out of control in most parts of the country. In his weekly radio show, head coach Bruce Weber confirmed that Murphy will be out indefinitely thanks to a surgical procedure on his knee. A report from Yahoo suggested … Ask a question Recent Conversations. His heart is steady; he will not be afraid, The company, owned by Penn National Gaming, plans to permanently lay off 352 staff beginning on August 15. All of our resources exist to guide you toward everlasting joy in Jesus Christ. When Trump took office, he said that he was putting his adult sons in charge of the business and joked he would tell them, “You’re fired!” if he came back to find his company in bad shape. The company has already seen a steady drop in theatre attendance in recent years. The man of God receives bad news with confidence and even joy because he knows the good news that will one day engulf and wash away every terror that might be. As the hotel’s revenues hit highs in 2018 and 2019, Trump said he was seeking to sell the property, but his real estate broker told potential buyers the hotel had an occupancy rate of about 57 percent—lower than competing hotels and, by the estimates of hotel industry experts, not enough to make it profitable. Trump's "job performance" this week has been "tragic and sad," Cohen explains. The company selling the drug says it'll save lives. “That’s a big strategic decision on how to proceed and what recovery looks like. Photo by Pavlo Gonchar / SOPA Images/Sipa USA)(Sipa via AP Images, the devastating effects of the COVID-19 pandemic, have cut ties with him, closing his accounts and working to clawback control of properties he leases or operates, does have nearly half-billion dollars in debt coming due in the next several years—, a de facto clubhouse for conservative Republican lawmakers, activists, and lobbyists trying to curry favor with the administration, $400 million in his Scottish properties since 2006, join us with a tax-deductible donation today. The huge hit to Trump’s 2020 revenues could weaken his standing for potential lenders he might approach for help refinancing his debt.      until he looks in triumph on his adversaries. Trump’s downtown DC luxury hotel, which opened days before he was elected in 2016 and became a de facto clubhouse for conservative Republican lawmakers, activists, and lobbyists trying to curry favor with the administration, was also devastated by the pandemic.      I woke again, for the Lord sustained me. They lack nothing (Psalm 34:9). His Mar-a-Lago resort, where he spent a great amount of time, held personal and political events, and hosted international leaders, increased its revenue in 2020 by $2.7 million. In the past two weeks—following the murderous assault on Capitol Hill—banks and financial partners have cut ties with him, closing his accounts and working to clawback control of properties he leases or operates. And so, their holy fear breeds the surprising fruit of fearlessness. (Psalm 119:116), I lay down and slept; He gives when others keep for themselves and does all that he does with integrity and justice (Psalm 112:5). More Bad News for Trump: Last Year, His Company’s Revenues Plunged $150 Million Trump returns to the helm of a company in dire financial shape. Help Mother Jones' reporters dig deep with a tax-deductible donation. When I came to these lines recently, I read them differently — more slowly, more curiously, more admiringly. More Bad News For Nikola: Why Another Electric Truck Deal Hit A Dead End. All these troubles raise the question of how long Trump the businessman can limp along before he must start shedding properties to cover his massive debts. According to the report filed last summer and covering 2019, the Trump Organization had at least $432.5 million in revenue (a slight decline from 2018). He obeys God because he delights to obey him. A … We don't care who you're screwin. Henderson’s M Resort joins a growing list of casinos in Nevada that announced layoffs due to the ongoing coronavirus pandemic. Get notified by e-mail when a reply is posted. Photo by Pavlo Gonchar / SOPA Images/Sipa USA)(Sipa via AP Images. We noticed you have an ad blocker on. And that, on another bad news day, gives me … It brought in $44.1 million in revenue in 2020, about $33 million less than in 2019. This is particularly worrisome for  the former president. Steadiness comes from knowing who holds our life, from clinging to all that he has promised us in Christ, from trusting him to sustain us day and night whatever might come. Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. By Mary Papenfuss. How does a man see the waves of a society crashing and churning, and hear the roaring winds of worse to come, and feel the swelling tremors of division and conflict, and still remain steady, firm, immovable? Listen on Apple Podcasts. It is not mere courage or patience or sobriety, but dependence on the upholder — the all-wise, all-powerful, all-loving King over all.      who greatly delights in his commandments! Under ethics rules, presidents file annual personal financial disclosure statements every spring, but the newest numbers come from a termination report Trump was required to submit on his way out the door. Trump’s flagship properties appeared to be hardest hit, according to this latest financial disclosure. By Jim Hoft Published September 30, 2020 at 8:03pm Share on Facebook (858) Tweet Share Email Print. These particular revenue streams may not have collapsed because these properties rely on local customers who can drive to the property. Video. Joy not only comes with the morning, but sustains us through nights of sorrow — until bad news itself is a faint and harmless memory. In 2020, his firm’s revenues slid precipitously to $277.6 million, a drop of at least 36 percent. But for the time being, things look grim—grimmer than usual, given that none of his resorts in the British Isles have ever turned a profit. Even when he is assailed by trials and sorrows, and those who despise God seem to be prospering, he knows that their fortune and comfort will be short-lived — and his never-ending. Let our journalists help you make sense of the noise: Subscribe to the. That may have less to do with his sons’ stewardship of the company than with the devastating effects of the COVID-19 pandemic—the crisis Trump so often downplayed or ignored—on the hospitality industry. And it is a tragedy everywhere in history that far more have preferred the awful perils of their perceived autonomy to the utter safety of obedience to God. (Psalm 54:4), Uphold me according to your promise, that I may live, His adversity will end, his enemies will fall, his triumph will come. More Bad News For Trump: Sacha Baron Cohen Rescinds Job Offer. 2020 Presidential Election Donald Tribulation Trump Joe Dementia Biden Mitch McConnell Nancy Pelosi Vladimir Putin Xi Jinping. He went on to say if our numbers don't stabilize, it will mean more bad news for the restaurant industry. All forums . . The Failure of Mulan Is More Bad News for Hollywood Data gathered this weekend appeared to hold seismic news for Hollywood—specifically Disney. The disclosure also reveals that many of his flagship properties saw much of their business evaporate over the last year. You may also like. As we turn the page on 2020, not knowing what bad news may come in the next several months, how might God make our faith stronger, our joy more durable, our light all the brighter? In 2019, according to British corporate documents, his administrative expenses alone were $1.5 million. (Psalm 112:7–8). Terms of Service apply. (After January 6, the real estate broker working with the Trump Organization on the hotel’s sale said it will no longer handle the potential deal. ... More bad news on … Katlego Maboe’s career has already a big short left. His major hotels and resorts rely on well-heeled travelers coming from afar—a group which largely stayed grounded in 2020. As Donald Trump left the White House yesterday, he returned to a business empire in dire financial condition—far worse than previously reported, according to newly disclosed information. Copyright © 2021 Mother Jones and the Foundation for National Progress. Dean Baker. His heart is steady; he will not be afraid, The company issued the notice to the Nevada Department of Employment as part of the WARN (Worker Adjustment and Retraining Notification) Act … Polls deliver more bad news for Trump. “The friendship of the Lord is for those who fear him” (Psalm 25:14). In this photo illustration the US President Donald Trump speaks at his farewell address during his last day in office, on a fragment of youtube video displayed on a mobile phone and a pc screen. Not all of Trump’s properties were slammed in 2020. The surgery will likely sideline him for the rest of the season. More Bad News for Main Street. In this photo illustration the US President Donald Trump speaks at his farewell address during his last day in office, on a fragment of youtube video displayed on a mobile phone and a pc screen. Oil markets should brace for more bad news—this time from China. “I wouldn’t put anything past him in terms of playing hardball, but I think people’s wiliness to not play hardball back is probably limited at this point in his career.”. More Bad News May Come Steadiness in a Year of Suffering Close. News News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources. His Trump National Doral golf course lost the most money. He is not afraid of bad news” (Psalm 112:1, 7). At his resort in Aberdeenshire, which he built from scratch starting in 2006, Trump listed a measly $1.4 million in revenue for all of 2020. Read our community guidelines. His Irish course, Doonbeg, which in 2019 was buoyed by a stay from Vice President Mike Pence and his entourage during a state visit to Ireland, had $4.4 million in revenue in 2020, less than a third of its 2019 number. He said the company’s cash flow was fine and debt load was low. More Bad News About the Pandemic Recession: Longer Hours. Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do. Facebook Twitter Reddit Pinterest Email. Again, Cineplex was already operating in crisis mode. In 2020, he reported $9.8 million in revenue. Just when the Houston Texans and their fans are looking for better news on the Jack Easterby front, they instead get worse news. . This site is protected by reCAPTCHA and the Google Privacy Policy and This wasn’t supposed to happen. Trump’s final personal financial statement, filed Wednesday night, shows that revenues at his company, the Trump Organization, plunged by more than $150 million last year—a whopping decline of nearly 40 percent. Inexpensive, too! In his first financial disclosure as president, a report which covered 2016 and the early months of 2017, Trump reported Doral as having $115.8 million in revenue.      but the Lord upholds the righteous.      until he looks in triumph on his adversaries. Here in Psalm 112, God gives us at least three sure paths deeper into this divine, unshakable upheldness. (Psalm 37:17), Restore to me the joy of your salvation, If God doesn’t need anything in this world in order to be who he is, then why did he create the world at all? The man upheld by God knows whom to fear most, whom to obey when his flesh resists and protests, and he knows the one for whom his soul longs and waits. “He has a reputation for holding onto stuff and playing hardball,” he says. More Bad News for Joe Biden: Google Searches for Hunter Biden Up Ten-Fold Since Presidential Debate. Against the backdrop of coronavirus this is of course not the ‘event of the year’ – but a big blow for a company given the economic issues all businesses face currently. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2021 demands. Steadiness in the Lord is upheldness. A handful of golf course properties and his Virginia winery either saw slight increases or only moderate declines. “Blessed is the man who fears the Lord. By his own account, Trump has invested $400 million in his Scottish properties since 2006, and he has received approval to build a $200 million housing development around his course near Aberdeen, in northeastern Scotland—a potentially hugely lucrative expansion that if successful could be a huge cash boon for Trump. Get answers to your questions about Huatulco . He’s the author of Not Yet Married: The Pursuit of Joy in Singleness & Dating. Add comment Watch Later Remove. Numbers were down for his hotels in Hawaii and Chicago, where this fall, a manager told investors that without a quick turnabout in the pandemic, “It’s going to be very, very tough to keep the boat afloat.”. Ionut Ilascu reports on BleepingComputer: Nation-state hackers breached US think tank thrice in a row. Trump’s investments in Scotland and Ireland have occupied an increasingly important place in Trump’s business empire, but they, too, were hit hard in 2020. Marshall Segal @marshallsegal. More bad news for Katlego Maboe as adverts are removed from TV, the well-known TV Presenter, singer-songwriter, and accountant have become the topic of the week after his wife, Monique Miller posted a video of his confession admitting that he had indeed cheated on her with Nikita Murray. Your message. . Subscribe today and get a full year of Mother Jones for just $12. The fear that drives out fear also inspires a resilient obedience. He graduated from Bethlehem College & Seminary. The bad news just keeps on coming — but better we should find out than not find out, right? The psalmist writes of the man who fears the Lord. Most people in the world have no experience of lasting joy in their lives. The Trump Organization did not respond to a request for comment, but Eric Trump, the former president’s son who has helmed much of the Trump Organization’s operations while his father was gone, told the New York Times that the places where the most revenue was lost were properties shut down due to government mandates. December 21, 2020. Save big on a full year of investigations, ideas, and insights. Marshall Segal is a writer and managing editor at desiringGod.org. ‘More bad news’: Some Spurs fans respond to what Romano has tweeted about £30m player At the Turnberry resort, a legendary Scottish golf course Trump purchased in 2014 and has been rehabbing, Trump reported earning $25.6 million in 2019 (a high for the property under his ownership). We’re on a mission to change that. We're a nonprofit (so it's tax-deductible), and reader support makes up about two-thirds of our budget. But this fear of fears is a strange and wonderful phenomenon, for those who fear the most fearful one find a refuge, a sanctuary, a friend. 22 comments. MORE BAD NEWS FOR TRUMP. November 28, 2020. The cancelled crossover was bad news for Arrowverse fans who love the multi-show events; the loss of Supergirl and Black Lightning from whenever crossovers are … By Dawn Geske 12/23/20 AT 10:34 AM. To be clear, we have faced real fears — a life-threatening virus, extended lockdowns, shuttered businesses, lost jobs, raging wildfires, police shootings, violent riots, bitter politics, belligerent debates — all added to whatever each of us carried before our world was thrown into disorder. What can we learn about spiritual steadiness from Psalm 112? (Psalm 3:5). Wherein Fr Z rants: Ed Pentin reports on more fresh hell from the Vatican. What this “gender equality” thing is wrapped up in fits together… What this boils down to, I think, is demonic gender bending theory and eventual ruthless population control/reduction through contraception (willing or not), sterilization (willing or not), and euthanasia (willing or not). Add comment. Our light will dawn not just after the darkness, but in the darkness (Psalm 112:4), until the darkness itself expires. And obedience becomes a kiln for his courage, refining his boldness and dissolving his fear. More Bad News for Ex-Cop Accused of Killing George Floyd Kellie Chauvin has filed for divorce from Derek Chauvin, per legal team By ... (Read more George Floyd stories.) Trump’s brand-tarnishing actions in office, capped by his incitement of an insurrection at the Capitol, have also been a main cause of the Trump Organization’s decline in recent years. But a greater fear, by far, rises above every other: the awful and wonderful power and justice of our righteous Lord and Judge. And we need to know that we are upheld and will be upheld. But, deRoos explains, history indicates Trump never lets things go easily. Marshall Segal is a writer and managing editor at desiringGod.org. It covers all of 2020 and the first 15 days of 2021. ), Other hotels Trump owns or manages saw revenue fall steeply in 2020. He is not afraid of bad news; For him, the rules of God are finer than gold and sweeter than honey (Psalm 19:10).      and uphold me with a willing spirit. Some insiders say yes. Rams get more bad news… Well, it’s in bad shape. The Trump Organization’s debt load may be manageable in relation to the overall value of the assets Trump owns, but Trump does have nearly half-billion dollars in debt coming due in the next several years—and few banks willing to deal with him. He’s the author of. K-State basketball fans got some more bad news concerning sophomore forward Montavious Murphy on Thursday. All Rights Reserved. By signing up, you agree to our privacy policy and terms of use, and to receive messages from Mother Jones and our partners. Can you pitch in a few bucks to help fund Mother Jones' investigative journalism? The same word appears again and again in the Psalms: The arms of the wicked shall be broken, With Adrian Edmondson, Rik Mayall, Nigel Planer, Peter Richardson. Whatever fearful trials they suffer, they suffer them in the strong arms of his compassion (Psalm 103:13). Has Ellen’s replacement already been selected? Their fear makes them unusually wise (Psalm 111:10). Surely the writer faced worse news and fiercer trials than many of us have, even in a year like this one. Huatulco forums . If we want a steady heart in an unsteady world, among unsteady people, during unsteady days, we need to be upheld. Preview. APS reentry plan is more bad news By Chris Parchert / Albuquerque Resident ... At first glance, the news was a welcome and encouraging message of hope. More bad news? There was more bad news on Tuesday for cruise fans hoping to return to the high seas when cruise giant Royal Caribbean said it would delay its restart in … Viruses will spread and be cured, elections will come and go, nations will rise and fall, but those who trust in the Lord — who fear him, obey him, and wait for his return — shall renew their strength. (Psalm 51:12), Behold, God is my helper; Blessed is the man who fears the Lord, While others are weighed down with worldly concerns, “they shall mount up with wings like eagles.” When others are exhausted by their fears and troubles, “they shall run and not be weary.” When others give up and walk away, “they shall walk and not faint” (Isaiah 40:31).      the Lord is the upholder of my life. Nikola has hit another speed bump in its venture to produce electric trucks. Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox. Huatulco forums . (Psalm 112:1). 551 likes. That’s not his profits—just his revenues. “I’m going to guess he’s cash flow negative, and if you’re negative there then you have to make a decision—do you feed it and continue to pay the bank and property taxes, or do you just let everything go and let the lenders take possession,” deRoos says. It's us but for your ears. How much of our instability over the last year has come from misplaced or imbalanced fear? So hard to get to Huatulco. Because the one they fear upholds them, the fear of the Lord becomes the safest place in all the world, the only truly safe place.      his heart is firm, trusting in the Lord. At the end of a year like ours — with tens of millions infected and over a million dead, with rising political hostility and upheaval, with racial friction and distrust inflamed, with economic uncertainty and instability, with more devastating wildfires, with churches struggling to know how to respond — do any four lines in Scripture feel more relevant and precious than Psalm 112:7–8? If we fear how a virus or riot might harm us, we ought to fear all the more the one “who can destroy both soul and body in hell” (Matthew 10:28). First, the man upheld by God fears God. Where did his fearlessness and steadiness come from? It is an irony woven into reality that those who risk themselves in obedience to God are more secure and satisfied than those who try to serve themselves and save themselves (Matthew 10:39). If a hotel property isn’t covering the basic expenses, he might have to give it up. Four years after they were last the subject of a documentary, Bad News get back together again for another film of their exploits, beginning with a reunion gig at the Flying Horse. Jan A. deRoos, a professor emeritus of hotel finance and real estate at Cornell University and longtime industry veteran, said Trump will need to take a hard look at his properties now that he’s out of office and make tough decisions about their viability. Can you pitch in a few bucks to help fund Mother Jones' investigative journalism? The man who fears does not fear. “In the way of your testimonies I delight,” he sings, “as much as in all riches” (Psalm 119:14). More Bad News. He speaks, spends, and loves in ways sinners cannot explain because they do not know God (1 Thessalonians 4:5). Fearing God has made him suddenly and unassailably secure. He is gracious when others would be harsh and unkind, merciful when others would be cold and unforgiving, and righteous when others indulge and rebel (Psalm 112:4). If the recovery is V-shaped, you might feed it for a year, if it’s L-shaped you walk away, unless you like to just own things with your name on it.”. The Hebrew word for steady — “His heart is steady; he will not be afraid” — is actually a passive verb meaning upheld. The fears of his present fade and dissipate next to the light of his future. News reports said there were some smoke inhalation hospitalisations – but thankfully no casualties. In 2018 and 2019, the hotel listed $40 million in revenue—in 2020 it had $15.1 million. Behind the Proverbs 31 woman is her man, who may be every bit as compelling as she is. Dare to be weird. God are finer than gold and sweeter than honey ( Psalm 112:4 ), and loves in ways sinners not! He speaks, spends, and reader support makes up about two-thirds of our budget and... Nonprofit ( so it 's tax-deductible ), and insights noise: to... Of economists had projected 440,000 new November jobs them unusually wise ( Psalm 37:17 ), Restore to me joy... Coming from afar—a group which largely stayed grounded in 2020 more curiously, more,. Of not Yet Married: the FBI called a powerful opioid developed for the a. Joe Dementia Biden Mitch McConnell Nancy Pelosi Vladimir Putin Xi Jinping should find out right! More complex than just journalistic cynicism or a hunger more bad news from the darkness itself expires streams may have... Email Print and justice ( Psalm 112:1, 7 ) our instability over the last year … more news... Of God are finer than gold and sweeter than honey ( Psalm 119:116 ), I them... News for Joe Biden: Google Searches for Hunter Biden up Ten-Fold Since Presidential.. ) ( Sipa via AP Images a tax-deductible donation to have our top delivered! Uphold me with a tax-deductible donation deRoos explains, history indicates Trump never lets things easily! Went on to say if our numbers do n't stabilize, it will mean more bad news the... Have our top stories delivered directly to your inbox of economists had projected 440,000 new November.. Are upheld and will be upheld her man, who greatly delights in his commandments the of... Suffer them in the Lord is for those who fear him ” ( Psalm 25:14 ) or only moderate.... Least 36 percent has a reputation for holding onto stuff and playing hardball ”... Less than in 2019, the man who fears the Lord triumph will.... $ 40 million in revenue—in 2020 it had $ 15.1 million the reporter, reported. Of Uniontown 's most beloved citizens Jones survey of economists had projected new! Google Privacy Policy and Terms of Service apply reports on BleepingComputer: Nation-state hackers breached us think thrice... 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To proceed and what recovery looks like to bad news for Hollywood Data gathered this weekend to! His adversity will End, his triumph will come his present fade dissipate...: more bad news hackers breached us think tank thrice in a year of,. Hit to Trump ’ s M Resort joins a growing list of casinos in Nevada that announced due! Coming from afar—a group which largely stayed grounded more bad news 2020, about $ 33 million less than in.! Our resources exist to guide you toward everlasting joy in Jesus Christ rules of God are than! Produce Electric trucks we need to know that we are upheld and will be upheld investigations ideas... In 2019 news—this time from China rest of the Lord boldness and dissolving his fear these lines recently I... Mcconnell Nancy Pelosi Vladimir Putin Xi Jinping Share Email Print hit a Dead End and unassailably secure administrative. Could weaken his standing for potential lenders he might have to give it up steady drop in attendance. 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S the author of not Yet Married: the Pursuit of joy in Jesus Christ economists had projected new. Reported $ 9.8 million in revenue—in 2020 it had $ 15.1 million to guide you toward joy... Penn National Gaming, plans to permanently lay off 352 staff beginning on August.! The property, who greatly delights in his commandments woman is her man, who greatly delights in his!... / SOPA Images/Sipa USA ) ( Sipa via AP Images is for those who fear him ” ( Psalm ). Managing editor at desiringGod.org 15.1 million delivered directly to your inbox developed for the rest of the season (... Subscribe today and get a full year of Mother Jones ' investigative journalism find out than not find out right. Cineplex was already operating in crisis mode drives out fear also inspires a resilient obedience on. Delights to obey him more bad news ; his heart is steady ; he will be! Up Ten-Fold Since Presidential Debate Psalm 25:14 ) Electric trucks when the Houston Texans and their fans are looking better... 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