A federal courtroom in Washington closed a curious chapter of protest and politics when Sean Dunn â a former Justice Department staffer â was acquitted of assaulting a federal officer after throwing a sandwich at him during a tense night in the capital. The verdict ended a three-day trial that had less to do with …
A coalition of unions representing federal employees has filed a lawsuit accusing the Trump administration of injecting political bias into government hiring by asking job applicants to demonstrate loyalty to the presidentâs policies. Filed in federal court in Boston, the lawsuit targets a question introduced by the Office of Personnel Management (OPM) as part of …
Unions Take Trump Administration to Court Over âLoyalty Testâ in Federal Hiring Read More »
In a sharp turn for transgender rights in America, the U.S. Supreme Court has allowed the Trump administration to move forward with its policy restricting passport sex designations to an individualâs sex assigned at birth â blocking transgender citizens from having their gender identities reflected on the document. The courtâs unsigned order overturned a lower …
A Rhode Island federal judge has ordered the Trump administration to immediately restore full food aid for over 42 million Americans, blasting it for attempting to slash Supplemental Nutrition Assistance Program (SNAP) benefits amid an ongoing government shutdown. Judge John McConnell, presiding from Providence, said the administrationâs plan to issue reduced benefits was âpolitically motivatedâ …
After more than ten years away from the syndicated loan market, UAE-based Mashreqbank is making a high-profile returnâthis time with strong Asian participation in a $1.5 billion dual-tranche facility. The deal is structured in two parts: a $1 billion three-year tranche and a $500 million five-year tranche, complete with an accordion option for future expansion. …
Mashreqbank Reenters Global Loan Arena with $1.5 Billion Asia-Backed Facility Read More »
Gulf International Bank â Saudi Arabia (GIB KSA), a key investment arm supported by the kingdomâs sovereign wealth giant, the Public Investment Fund (PIF), has made a strong market entrance with its first-ever Additional Tier 1 (AT1) bond. The bank priced its $500 million perpetual non-call 5.5-year AT1 bond at par, locking in a 6.625% …
Saudi-Backed GIB Raises $500 Million in Landmark AT1 Bond Debut Read More »
Abu Dhabiâs International Holding Company (IHC) has once again flexed its financial muscle â reporting a stunning 53% leap in third-quarter profit, driven by surging revenues across its sprawling empire. The powerhouse conglomerate pulled in AED 8.7 billion ($2.37 billion) in net earnings for the quarter, with revenue soaring 34.6% to AED 29.9 billion compared …
IHCâs Profit Machine Powers Ahead: Abu Dhabi Giant Posts $2.4 Billion Q3 Surge Read More »
Google has finally loosened its grip on the Android kingdom. In a landmark settlement with Fortnite creator Epic Games, the tech giant has agreed to tear down some of the barriers that have long frustrated developers and fueled antitrust battles. Filed in a San Francisco federal court, the proposal marks the possible end of a …
Google Bends, Epic Cheers: Androidâs App Store Walls Begin to Crack Read More »
The U.S. Supreme Court found itself at the center of an economic and constitutional storm as justices from both ideological wings challenged the legality of former President Donald Trumpâs sweeping global tariffsâa policy that has reshaped Americaâs trade posture and stirred global markets. For more than two hours, the court dissected whether a decades-old law …
A federal judge in Chicago has drawn a hard line on what he called âunconstitutional and inhumaneâ conditions at a suburban immigration facility, ordering federal officials to clean up their actâliterally. The ruling, issued by U.S. District Judge Robert Gettleman, came after detainees at the Broadview, Illinois, holding center described squalid cells, filthy toilets, and …
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