A California man has filed a lawsuit against OpenAI and its chief executive, Sam Altman, alleging that conversations with ChatGPT during a severe bipolar manic episode deepened his delusions and ultimately led him to attempt suicide. The complaint, lodged in a San Francisco state court, argues that OpenAI failed to implement sufficient safeguards for users …
A federal judge has refused to temporarily halt a new U.S. Department of Labor regulation that significantly expands the financial disclosure requirements for labor unions, allowing the rule to take effect while a broader legal challenge moves forward. U.S. District Judge James Boasberg ruled on Tuesday that the AFL-CIO, the nation’s largest labor federation, failed …
The trajectory of LGBTQ rights before the U.S. Supreme Court has undergone a dramatic transformation, with transgender rights advocates now encountering a far more skeptical bench than the one that delivered a series of landmark equality rulings over the past three decades. The latest sign of that shift came Tuesday, when the Supreme Court upheld …
Supreme Court’s New Direction Leaves Transgender Rights Facing Tougher Legal Road Read More »
The U.S. Department of Justice has opened two separate legal fronts against Virginia and California, challenging recently enacted state firearm laws that federal officials argue violate constitutional protections. In one lawsuit filed on Wednesday, the Justice Department accused Virginia and the Virginia State Police of enforcing legislation that allegedly prevents the purchase and sale of …
Former CIA Director John Brennan has asked a federal court to order the U.S. Justice Department to preserve records tied to investigations examining his role in the 2016 U.S. intelligence assessment that concluded Russia sought to influence the presidential election in Donald Trump’s favor. In a lawsuit filed in a federal court in Washington, Brennan …
A federal judge has halted the U.S. Postal Service’s attempt to impose new restrictions on the handling of mail-in ballots, ruling that the proposal breached an existing court settlement designed to safeguard timely ballot delivery. The decision, delivered Wednesday by U.S. District Judge Emmet Sullivan in Washington, marks another legal setback for President Donald Trump’s …
US Judge Stops Postal Service’s Mail Ballot Rule Ahead of Midterm Elections Read More »
The U.S. Supreme Court wrapped up one of its most closely watched terms by delivering a mixed verdict for President Donald Trump. While the administration suffered defeats on issues including birthright citizenship, global tariffs and an attempt to remove a Federal Reserve governor, the broader outcome significantly strengthened presidential authority, marking a major victory for …
US Supreme Court Hands Trump Sweeping Executive Wins Despite High-Profile Setbacks Read More »
Saudi Arabia’s Public Investment Fund (PIF) posted a remarkable financial performance in 2025, with consolidated net profit climbing 152 percent year-on-year to SR65.1 billion ($17.33 billion), underscoring the growing strength of the kingdom’s sovereign wealth fund as it scales its global investment strategy. The sharp rise compares with SR25.8 billion recorded a year earlier and …
Major stock markets across the Gulf traded higher on Wednesday, with investors favouring financial and energy shares despite lingering uncertainty surrounding the latest diplomatic efforts between the United States and Iran. Markets remained watchful as high-level discussions involving Washington and Tehran continued through Qatari mediation rather than direct engagement. Senior U.S. representatives arrived in Doha …
Gulf Equities Advance as Banking and Energy Stocks Offset Diplomatic Uncertainty Read More »
Mashreqbank has successfully completed a $500 million perpetual Additional Tier 1 (AT1) capital issuance after attracting investor demand that exceeded $1 billion, allowing the Dubai-based lender to price the deal tighter than initial guidance. The perpetual non-call 5.5-year securities were issued at par and carry a fixed annual coupon of 6.625%, translating into a yield …
Mashreqbank Draws Strong Demand for $500 Million AT1 Bond, Tightens Pricing Read More »
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