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economy

Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

Newseze Wire·Sat, Nov 14, 12:00 PMWire: CNBC Top News
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Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

Eric Trump-backed robot startup Foundation Future Industries has run low on cash and missed payroll, as CEO Sankaet Pathak faces scrutiny over a $4.6 million company loan.

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Eric Trump-backed robot startup Foundation Future Industries has run low on cash and missed payroll, as CEO Sankaet Pathak faces scrutiny over a $4.6 million company loan. The story falls into Newseze's economy desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: CNBC Top News.
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