Eric Trump invests in drone maker XTEND as it merges with Florida firm

Eric Trump, the son of President Donald Trump, has invested in the Israeli drone maker XTEND. The company is merging with a Florida-based construction firm, and its drones are described as having a 'low cost-per-kill' capability and hold U.S. government contracts.

Separately, Eric Trump and his brother Donald Trump Jr. are set to host a cryptocurrency forum at Mar-a-Lago. The event will feature CEOs from Goldman Sachs and Nasdaq.