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Former U.S. President Donald Trump Faces Sanctions for Violating Gag Order in Civil Fraud Trial In a trial that has captivated the nation, former U.S. President Donald Trump has been fined $5,000 by a New York judge for violating a gag order. The order prohibits him from making disparaging comments about court staff during his …
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U.S. Army Charges Private Travis King with Crimes Including Desertion and Assault Oct 19 (Reuters) – Private Travis King, a 23-year-old soldier, is facing charges from the U.S. Army for a series of crimes. These crimes range from desertion for fleeing to North Korea in July to assault against fellow soldiers and solicitation of child …
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Oct 16 (Reuters) – Rite Aid (RAD.N), the U.S. drugstore chain burdened with debt, announced late on Sunday that it has filed for bankruptcy protection. As part of its restructuring efforts, the company plans to close underperforming stores, sell its pharmacy benefit company Elixir, and address lawsuits related to its sale of addictive opioid medications. …
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Sam Bankman-Fried to Argue Lack of Criminal Intent in Fraud Trial New York, October 2, 2023 – Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, is expected to defend himself in his upcoming fraud trial by claiming he did not believe the use of customer funds was improper. Bankman-Fried will also challenge the credibility of …
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Hardline Republicans Reject Government Funding Bill, Shutdown Imminent WASHINGTON, Sept 29 (Reuters) – In a blow to the Republican party, hardline members of the U.S. House of Representatives have rejected a bill proposed by their leader to temporarily fund the government. This rejection makes it highly likely that federal agencies will experience a partial shutdown …
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On September 4, U.S. first lady Jill Biden tested positive for COVID-19, just days before President Joe Biden is set to travel to a Group of 20 summit in India. Unlike his wife, President Biden tested negative for the virus. The announcement came from the White House on Monday. Biden’s 72-year-old wife, who experienced mild …
Google has accused Jonathan Kanter, the antitrust chief at the Justice Department, of harboring a “deep-seated bias” against the company. In a court filing, Google claimed that Kanter’s past work for Google’s rivals constitutes a conflict of interest and accused him of receiving “millions of dollars” to advocate for antitrust action. The company argued that …
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Evergrande, the troubled Chinese developer, has taken the step of filing for U.S. bankruptcy protection as part of its ongoing debt restructuring process. This move comes amidst growing concerns about China’s property crisis and its impact on the country’s economy. In an attempt to support struggling economic activity, China has unexpected lowered key interest rates, …
Introducing Flash Shelton, the ingenious handyman who is using his personal experience of removing squatters from his mother’s home to offer squatter removal services to others. In an interview with Fox News, Shelton, the founder of the United Handyman Association, expressed his willingness to assist anyone in need. If a squatter is reluctant to leave …
Disgraced FTX founder, Sam Bankman-Fried, is scheduled to make an appearance in a Manhattan federal court this Friday afternoon. In this hearing, a judge will determine whether Bankman-Fried ought to be sent to jail while awaiting trial for allegedly defrauding customers of billions of dollars. Federal prosecutors will present their argument as to why Bankman-Fried …