In a move that cuts to the core of America’s financial stability, Donald Trump has asked the U.S. Supreme Court to let him do something no president has ever done in the Federal Reserve’s 111-year history—fire a sitting Fed governor. The Justice Department, echoing Trump’s expansive view of executive authority, urged the justices to lift …
The Securities and Exchange Commission has just shifted the balance of power in the IPO arena. In a sharply divided vote, the agency scrapped its long-standing opposition to mandatory arbitration clauses—an unwritten rule that for decades kept shareholder lawsuits alive in courtrooms. With this reversal, companies eyeing Wall Street debuts now have the green light …
SEC Cracks Open Wall Street’s Doors to Arbitration, Stripping Away Longtime Ban Read More »
For the second time, Hermès has slipped past a legal challenge accusing it of playing gatekeeper with its most coveted creation: the Birkin bag. A federal judge in San Francisco tossed out a proposed class action that claimed the French luxury house forces shoppers to spend lavishly on belts, scarves, and other goods before granting …
In Washington’s halls of health policy, a behind-the-scenes power struggle has erupted. Lawyers inside the Department of Health and Human Services (HHS) tried — and failed — to stop a controversial expansion of authority for Retsef Levi, a Massachusetts Institute of Technology professor and outspoken critic of COVID-19 vaccines. Levi, once an outside adviser, was …
Kennedy’s Vaccine Adviser Gains Sweeping CDC Role Despite Legal Pushback Read More »
The state of Utah has announced it will seek the death penalty against Tyler Robinson, the 22-year-old accused of assassinating conservative activist Charlie Kirk during a public appearance at Utah Valley University. Why the Death Penalty Is on the Table Robinson faces an aggravated murder charge, with prosecutors pointing to three aggravating factors: the attack …
Rudy Giuliani’s latest courtroom battle doesn’t involve elections or indictments—it’s about the bill. A New York judge has ruled that the former mayor of New York City must pay $1.36 million plus interest to his one-time defense team, Davidoff Hutcher & Citron, for years of unpaid legal work. The law firm sued Giuliani back in …
Rebecca Taibleson sat before the Senate Judiciary Committee this week, a nominee for the 7th U.S. Circuit Court of Appeals, facing fire not from Democrats—but from conservatives who say she isn’t “pure” enough for the bench. Despite her rĂ©sumé—federal prosecutor in Wisconsin, clerk to Antonin Scalia, ally of Brett Kavanaugh—the right-wing pushback has been unusually …
Trump’s Appeals Court Pick Sparks Conservative Rift, But GOP Leadership Stands Firm Read More »
The Trump administration’s plan to dramatically reshape the nation’s health bureaucracy has been thrown into limbo, with a federal appeals court refusing to greenlight sweeping cuts and closures. At the heart of the fight: Health Secretary Robert F. Kennedy Jr.’s blueprint to slash 10,000 jobs, collapse nearly 30 divisions into half that number, and shutter …
Court Slams Brakes on Trump-Era Health Department Shakeup Read More »
Saudi Arabia’s Social Development Bank (SDB) has rolled out SAR6.5 billion ($1.73 billion) in financing during the first nine months of the year, directly reaching more than 90,000 people and enterprises across the Kingdom. The update came during the bank’s third-quarter board meeting, chaired by Human Resources and Social Development Minister Eng. Ahmed bin Sulaiman …
Australian energy giant Santos woke up to a market shock on Thursday after Abu Dhabi’s ADNOC-led consortium abruptly pulled the plug on its $18.7 billion takeover bid. The fallout sent Santos shares crashing more than 13%—their steepest drop in over five years. The deal, once hailed as potentially the largest all-cash corporate buyout in Australian …
Santos Stumbles as Mega-Deal with ADNOC Unravels Read More »
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