Team Court Cast, Author at Court Cast

Virginia Redistricting Win Put on Ice as Court Keeps Referendum in Limbo

2 minutes of reading

Virginia’s battle over congressional maps has been pushed deeper into uncertainty after the state’s highest court refused, for now, to lift an order blocking certification of a referendum that backed a Democratic-crafted redistricting plan. The vote, approved by Virginians last week, would reshape the state’s congressional battlefield in a way Democrats believe could dramatically strengthen …

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Shells, Symbols and a Federal Case: Comey Indictment Ignites New Clash Over Speech and Power

3 minutes of reading

A beach photograph, two numbers arranged in seashells, and a former FBI chief are now at the center of a politically explosive federal prosecution. The U.S. Justice Department has indicted former FBI Director James Comey, alleging an Instagram post featuring the numbers “86 47” amounted to a threat against President Donald Trump. Prosecutors filed charges …

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Musk Claims OpenAI Was Built as a Mission, Not a Money Machine, as Courtroom Clash Intensifies

3 minutes of reading

A courtroom battle over the soul of artificial intelligence opened with a familiar force at center stage: Elon Musk, arguing that OpenAI strayed radically from the nonprofit vision he says he helped conceive. Testifying in federal court in Oakland, Musk cast the case not as a billionaire feud but as a fight over whether a …

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$5.5 Billion Judgment Pushes Purdue to the Brink as Opioid Reckoning Nears Final Chapter

3 minutes of reading

A sweeping $5.5 billion criminal sentence against Purdue Pharma has moved one of America’s most consequential corporate collapses closer to its endgame, clearing a critical path for the drugmaker’s $7.4 billion bankruptcy settlement tied to the opioid epidemic. The sentencing, handed down in federal court in Newark, stems from Purdue’s 2020 guilty plea over allegations …

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Saudi Regulator Moves to Rewire Dealmaking With New M&A Rulebook

2 minutes of reading

Saudi Arabia is laying the groundwork for a more agile mergers and acquisitions market, with the Capital Market Authority unveiling proposed reforms aimed at modernizing how listed companies pursue deals. At the heart of the draft framework is a proposed “shelf registration” system — a mechanism that could reshape acquisition financing in the kingdom. Under …

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Emirates NBD Tests Appetite for Fresh AT1 Deal With 6.75% Price Signal

1 minute of reading

Emirates NBD has opened books on a new $750 million perpetual additional tier 1 (AT1) bond, sounding out investor demand with initial price guidance around 6.75%, as Gulf banks continue to tap capital markets for hybrid funding. The planned issuance, structured as a perpetual non-call six-year (PNC6) instrument, is expected to be priced later today, …

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Saudi Dominates as Gulf Debt Markets Open 2026 With $55 Billion Surge

2 minutes of reading

The Gulf’s debt engine roared into 2026 with force, as bond and sukuk issuance across the GCC climbed to $55.04 billion in the first quarter, underscoring the region’s sustained appetite for fixed-income funding and the growing depth of its capital markets. Spread across 95 transactions, issuance volume rose 5.64% from the same period a year …

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War Risk Chills MENA Debt Markets as First-Quarter Issuance Slips

2 minutes of reading

Geopolitical strain and a stalled post-Ramadan rebound combined to sap momentum from debt markets across the Middle East and North Africa in the opening quarter of 2026, with bond issuance falling 12 percent from a year earlier to $48.1 billion, according to LSEG data. The number of deals also declined 11 percent, underscoring a broader …

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Saudi IPO Engine Roars Back as Riyadh Defies Regional Turbulence

2 minutes of reading

Even amid war-driven uncertainty rattling markets across the Middle East, Saudi Arabia is pressing ahead with a message that investors appear willing to hear: the IPO machine is still running. The kingdom is preparing for its first public offering since tensions tied to the US/Israel-Iran conflict escalated, with Dar AlBalad for Business Solutions (DABS) stepping …

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Trump Assassination Charge Filed After Gunfire Erupts at Washington Gala

3 minutes of reading

A dramatic criminal case is unfolding in Washington after federal prosecutors charged a California man with attempting to assassinate President Donald Trump, accusing him of carrying out a brazen armed attack at the White House Correspondents’ Association Dinner — one of the capital’s most high-profile political gatherings. Cole Tomas Allen, 31, made his first appearance …

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