U.S. Judge to Hear Orsted Bid to Block Trump Halt on $5 Billion Revolution Wind Project
A U.S. judge on Monday will hear Danish energy firm Orsted’s request for a preliminary injunction against the Trump administration’s move to suspend its $5 billion Revolution Wind offshore project near Rhode Island. Orsted’s...
DOJ Probe Into Fed Renovation Escalates Trump–Powell Clash, Spooking Markets
A U.S. Justice Department investigation into a Federal Reserve building renovation project has intensified a long-running dispute between President Donald Trump and Fed Chair Jerome Powell, raising fresh concerns over the independence of the...
Uber Faces Phoenix Trial Over Alleged Sexual Assault, First Major Test Case Among Thousands of Claims
Uber is set to face trial this week in Phoenix, Arizona, in a lawsuit filed by Oklahoma resident Jaylynn Dean, who alleges she was sexually assaulted by a driver booked through the ride-hailing app....
Trump Order Puts Defense Contractors’ Pay and Buybacks Under Scrutiny
Defense contractors are seeking urgent legal advice after U.S. President Donald Trump signed an executive order linking share buybacks, dividends and executive compensation to weapons delivery schedules. The order, titled “Prioritizing the Warfighter in...
U.S. Withdrawal From Extremism Prevention Fund Raises Global Security Concerns
A leading global organisation focused on preventing violent extremism has warned that the United States has made a strategic error by withdrawing support at a time when militant threats are rising across the Middle...
Mladenov Holds Gaza Talks as Trump Advances ‘Board of Peace’ Plan
A former United Nations envoy expected to play a key role in U.S. President Donald Trump’s proposed “Board of Peace for Gaza” held talks with senior Palestinian leaders on Friday, as Washington presses ahead...
Trump Seeks $6.2 Million Reimbursement After Georgia Election Case Dismissed
U.S. President Donald Trump has asked a Georgia state court to order prosecutors to reimburse him more than $6.2 million in legal fees, claiming the amount was spent defending against criminal charges related to...
Trump Backs Bipartisan Sanctions Bill Targeting Nations Trading With Russia
U.S. President Donald Trump has agreed to allow a bipartisan sanctions bill targeting countries that continue to do business with Russia to advance in Congress, Republican Senator Lindsey Graham said on Wednesday. Graham confirmed...
Wall Street Banks Poised for Strong Q4 as Dealmaking and Trading Revenues Surge
The largest U.S. banks are expected to post higher fourth-quarter profits next week, buoyed by a resurgence in investment banking and trading activity as mergers and acquisitions accelerate. JPMorgan Chase will open earnings season...
Trump Administration Freezes $10 Billion in Childcare and Family Aid to Five Democratic-Led States
The U.S. Department of Health and Human Services (HHS) has frozen more than $10 billion in federal childcare and family assistance funds to California, Colorado, Illinois, Minnesota, and New York, citing concerns over alleged...