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Golf club firm owned by Trump’s sons merges with drone manufacturer

about 21 hours ago
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A golf club company backed by the sons of Donald Trump is merging with drone manufacturer Powerus in a deal designed to take the drone technology company public.The merger with Aureus Greenway Holdings is the latest in Eric and Donald Trump Jr’s growing investments in the drone sector, following last month’s $1.5bn tie-up between Israeli drone maker XTEND and Florida-based JFB Construction Holdings.Drones have become a major procurement priority for the Pentagon and are widely used in Ukraine, where dense air defense systems near the frontlines limit the deployment of conventional aircraft.This growing reliance has also drawn significant Silicon Valley funding into drone and military artificial intelligence startups, boosting valuations of US companies such as Anduril Industries and Shield AI.

Powerus, which was formed in 2025 by Andrew Fox, makes heavy-lift drones that can carry industrial payloads up to 675kg.The company also offers services to transform existing staffed boats into remotely operated or fully autonomous vessels.Fox is expected to serve as chief executive officer and chair of the combined company, Aureus said in an SEC filing.In connection with the planned merger, Aureus has engaged Dominari Securities to help raise about $9m in financing.Dominari counts both Trump brothers among its shareholders, with roughly 6% stake each.

The merger could be terminated by either company if it does not close by the end of 2026, Aureus said.This is the latest in the Trump family’s business moves, carried out even while Trump helms the White House.Ethics experts have raised multiple concerns over the family’s intensified business dealings during Trump’s second term, moving beyond hotels and golf courses and into other industries including crypto, energy and financial services.Typically, US presidents put their financial interests into a blind trust that is managed by an independent third party.Trump opted to give his adult sons control over his businesses as he carries out his second term, which ethics experts say is not enough protection against potential conflicts of interest.

Late last year, Trump Media & Technology Group, the parent company of Trump’s Truth Social platform, announced a $6bn merger with a fusion energy technology company, agreeing to give the company $300m in cash to continue developing the nascent technology.In February, a Wall Street Journal report revealed that a member of the Emirati royal family invested $500m into the Trump family’s cryptocurrency company.Soon after, Trump announced that the United Arab Emirates would lift export controls and give the country access to 500,000 of Nvidia’s powerful AI chips.
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NBA’s bizarre ‘tanking’ problem has spewed theories but no solutions | Sean Ingle

Imagine you are the director of football at a crisis-stricken Premier League club in a world where relegation doesn’t exist and the planet’s best teenagers become available for free in a draft every June.In this alternate universe, you are also aware of something else: the 2026 Premier League draft is one for the ages. Barcelona’s Lamine Yamal and Pau Cubarsí are in it. So are Bayern Munich’s Lennart Karl and Real Madrid’s Franco Mastantuono. Sign one of them and the glory days will suddenly beckon again

about 7 hours ago
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NBA cancels Atlanta Hawks’ theme night with strip club Magic City after backlash

The NBA has called off the Atlanta Hawks’ plans for a night celebrating the city’s famed Magic City strip club, saying it did so because of “concerns” from many across the league. The Hawks announced the plan last month, saying the team would pay tribute to an “iconic cultural institution” with food – including the club’s famous lemon pepper wings – along with a live music performance by Atlanta native TI and exclusive merchandise.After the Hawks announced plans for the promotion, San Antonio Spurs center Luke Kornet spoke out about the idea and urged the parties involved to reconsider. And the league evidently heard the same messaging from others.“When we became aware of the Atlanta Hawks’ scheduled promotion, we reached out to Hawks leadership to better understand their plans and rationale,” Commissioner Adam Silver said in a statement

about 18 hours ago
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‘We believe in the plan’: England vow to double down on kick-heavy style against France

England have vowed to double down on their kick-heavy gameplan against France on Saturday despite their drastic decline in recent weeks. It is a move that risks further provoking the anger of their supporters.Steve Borthwick and his side have come under intense scrutiny after last week’s first defeat by Italy and the manner in which they stuck rigidly to their kicking strategy left fans irate. England have kicked the most times and for the most metres of all the Six Nations teams and while it was a tactic that paid dividends last autumn when they were on a 12-match winning run, it is no longer having the desired effect.The 2003 World Cup winner Matt Dawson has warned that relying too heavily on their kicking game in Paris would be a “red flag against England’s coaching ticket”

about 20 hours ago
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Dolphins take $99m hit on Tagovailoa and sign Willis; Tampa’s star WR Evans heads to 49ers

The Miami Dolphins are moving on from Tua Tagovailoa, the quarterback they drafted with the fifth overall pick in 2020 in hopes of turning the franchise’s fortunes around.“As we move forward, we will be focused on infusing competition across the roster and establishing a strong foundation for this team as we work towards building a sustained winner,” Dolphins general manager Jon-Eric Sullivan said in a statement on Monday.The move will cost the Dolphins an NFL record $99m in dead money against the salary cap. ESPN reported that the move will be designated after 1 June, meaning the Dolphins will spread the hit to their salary cap across two years ($67.4m in 2026, $31

about 20 hours ago
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Sean Bowen: ‘I’m still a bit allergic to horses. It’s a funny thing to have as a jockey’

UK’s outstanding jumps rider is winless at the Cheltenham festival but says this could be his year, and explains the challenge of riding so many winnersSean Bowen can claim to be the best jockey in jumps racing by some distance. Next month he will be confirmed as champion jockey for the second successive year as, on 210 victories so far, he is 107 ahead of Harry Skelton, his closest rival. Bowen is already looking ahead to next season, where he harbours serious ambitions of becoming the first jump jockey to ride 300 winners in a single campaign. These are staggering numbers that stand in stark contrast to his miserable record at the Cheltenham festival.The Welshman smiles more than any other jockey I’ve met – for he operates in a gruelling trade full of hard and often taciturn men who are all fated to lose far more often than they win

about 20 hours ago
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‘Revolutionary’: Ukrainian para-biathlete wins silver using ChatGPT as his coach

Team Ukraine have hit the ground running at the Winter Paralympics, standing second in the medal table after three days of competition. Their resolve and determination has been inspirational to many, but one athlete has revealed a secret weapon in their search for a competitive edge.Maksym Murashkovskyi, who won ­silver in the men’s visually impaired biathlon on Sunday and did not miss a shot, has been ­working with ­OpenAI’s large language model. “For the past six months, I have been training with ChatGPT,” he said. “It was not only ­tactics

about 21 hours ago
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The Guide #233: From Wonder Man to Girl Taken, here’s one thing to watch on every streamer

3 days ago
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My cultural awakening: a Rihanna song showed me how to live as a gay man in Iran

3 days ago
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From The Bride! to Harry Styles: your complete entertainment guide to the week ahead

3 days ago
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Stephen Colbert on Kristi Noem: ‘A domestic terrorist who deserves to go to Gitmo’

4 days ago
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Stephen Colbert on Republican double-speak for war in Iran: ‘A war that got a thesaurus for Christmas’

5 days ago
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Nothing beats the smell of oil and steam | Brief letters

6 days ago