Trump Administration Audits Somali-American Citizenship Cases for Possible Fraud

The Trump administration has launched audits of immigration cases involving U.S. citizens of Somali origin to identify potential fraud that could lead to denaturalization, officials said on Tuesday. Homeland Security Assistant Secretary Tricia McLaughlin stated that U.S. law allows revocation of citizenship if it was obtained fraudulently, noting that such cases are rare and typically take years to resolve. According to the Immigrant Legal Resource Center, an average of about 11 denaturalization cases were pursued annually between 1990...

Flex Raises $70 Million, Hits $1.2 Billion Valuation

AI-powered fintech startup Flex has raised $70 million in a funding round led by Halo Fund, the venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney. According to a...

Reflection Signs $1 Billion AI Compute Deal With Nebius

AI startup Reflection has signed a computing infrastructure agreement worth more than $1 billion with Nebius, securing access to Nvidia’s latest AI chips as demand for computing power continues to surge. The deal expands...

Trump Administration Lifts $10 Billion Freeze on Child Care, Social Services Funds

The U.S. Department of Health and Human Services (HHS) has withdrawn its planned $10 billion freeze on child care subsidies and social services funding for five Democrat-led states after legal challenges blocked the move....

California, 11 States Sue to Block Paramount-Warner Bros. Discovery Merger

California and 11 other U.S. states have filed an antitrust lawsuit seeking to block Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the merger would create an entertainment giant with excessive control...

Trump Policies Stall $83 Billion in Clean Energy Investments: Report

A report released by the labor and environmental coalition BlueGreen Alliance claims that policy changes under U.S. President Donald Trump’s second administration have resulted in the cancellation or delay of 223 clean energy and...

Williams Secures $5.3 Billion Investment from Blackstone-Led Consortium

U.S. pipeline operator Williams has secured a $5.34 billion investment from a consortium led by Blackstone, which will acquire a 49% noncontrolling stake in five of the company’s behind-the-meter power generation projects. The investment...

Trump Shifted Crypto Windfall Into Stocks and Bonds, Financial Filings Reveal

U.S. President Donald Trump earned more than $1.4 billion from his family’s cryptocurrency ventures in 2025, including World Liberty Financial and the Trump meme coin, according to financial disclosures filed with the U.S. Office...

HHS Watchdog Reports $5.56 Billion in Recoveries as Healthcare Fraud Cases Decline

The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) reported $5.56 billion in expected recoveries and projected savings during the six months from October through March, while excluding 1,212...

DOJ Probes UAW President Shawn Fain Over Alleged Misconduct

The U.S. Department of Justice has launched a grand jury investigation into allegations against United Auto Workers (UAW) President Shawn Fain, according to internal union documents reviewed by Reuters. The investigation stems from findings...

V. P. Nandakumar’s US$1.5 Million Donation Supports Global Welfare

Mr. V. P. Nandakumar, Chairman and Managing Director of Manappuram Finance Ltd., has contributed US$1.5 million to Lions Clubs International Foundation (LCIF), the charitable arm of Lions International. The contribution will support the foundation’s...