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Judge Strikes Down IRS Rule That Tightened Access to Renewable Energy Tax Credit

Judge Strikes Down IRS Rule That Tightened Access to Renewable Energy Tax Credit

A federal court has set aside a Trump-era policy that narrowed eligibility for key tax incentives used by wind and solar developers, handing the renewable energy sector a significant courtroom victory. In a ruling issued over the weekend, a judge in Washington, D.C., found that the Internal Revenue Service failed to adequately justify a major …

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Trump’s Former Defense Lawyer Moves Closer to Top Justice Role as Attorney General Nomination Lands in Senate

Trump’s Former Defense Lawyer Moves Closer to Top Justice Role as Attorney General Nomination Lands in Senate

President Donald Trump has formally nominated Todd Blanche to serve as the next Attorney General of the United States, elevating the former personal attorney who has become one of the most influential figures in his administration. The nomination, submitted to the Senate on Monday, follows Trump’s earlier pledge to place Blanche permanently at the helm …

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Court Blocks Trump’s $100,000 H-1B Charge, Calls It an Unauthorized Tax

Court Blocks Trump’s $100,000 H-1B Charge, Calls It an Unauthorized Tax

A federal court in Boston has struck down the Trump administration’s controversial $100,000 fee on new H-1B visas, ruling that the measure amounted to a tax imposed without congressional approval. The decision came in a lawsuit brought by a coalition of 20 Democratic-led states challenging a presidential proclamation issued in September that dramatically increased the …

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Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals

Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals

Sharjah’s real estate sector maintained its strong pace in May, recording property transactions worth AED3.1 billion ($844 million) across 7,119 deals, highlighting sustained demand from investors and end-users across the emirate. According to figures released by the Sharjah Real Estate Registration Department, sales transactions covered approximately 9.5 million square feet during the month, reflecting broad-based …

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Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal

Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal

Egypt’s corporate debt market has reached a new milestone after EFG Corp-Solutions, the leasing and factoring subsidiary of EFG Finance, completed a record-breaking bond issuance worth EGP 5.1 billion (approximately $106 million). The transaction stands as the largest corporate bond offering ever recorded in Egypt, underscoring growing investor appetite for local debt instruments and strengthening …

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States Ready Antitrust Showdown as Paramount-Warner Mega Merger Faces New Threat

States Ready Antitrust Showdown as Paramount-Warner Mega Merger Faces New Threat

A coalition of U.S. states is preparing what could become the most significant legal challenge yet to Paramount Skydance’s proposed $110 billion takeover of Warner Bros., setting the stage for a major antitrust confrontation that could reshape the future of Hollywood. According to people familiar with the matter, California and New York are among the …

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Pennsylvania Judge Pick Advances After Fetterman Breaks Democratic Ranks

Pennsylvania Judge Pick Advances After Fetterman Breaks Democratic Ranks

A judicial nomination in Pennsylvania has exposed another fault line within the Democratic Party, with Senator John Fetterman becoming the first Democrat to allow one of President Donald Trump’s second-term federal court nominees to move forward in the Senate confirmation process. Fetterman returned the Senate’s traditional “blue slip” form for Antonio Pozos, a partner at …

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Federal Judge Freezes USDA Funding Conditions Tied to Trump Policy Agenda

Federal Judge Freezes USDA Funding Conditions Tied to Trump Policy Agenda

A federal judge has temporarily blocked the Trump administration from attaching new political and social policy conditions to billions of dollars in U.S. Department of Agriculture (USDA) funding, handing a significant victory to a coalition of Democratic-led states. The ruling prevents the USDA from withholding federal agricultural and nutrition assistance unless states certify compliance with …

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Supreme Court Draws the Line, Not a New One: FCC and SEC Prevail in Regulatory Showdown

Supreme Court Draws the Line, Not a New One: FCC and SEC Prevail in Regulatory Showdown

The U.S. Supreme Court handed federal regulators a pair of notable victories on Thursday, siding with the Federal Communications Commission (FCC) and the Securities and Exchange Commission (SEC) in separate disputes that tested the limits of agency authority. While the court has spent recent years curbing aspects of federal regulatory power, the latest rulings signaled …

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