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In reversal, US Justice Department says media records can be seized in leak probes

Published: April 26, 2025 00:47

The U.S. Justice Department under President Donald Trump made it easier for prosecutors investigating leaks to the news media to subpoena records and testimony from journalists, according to a memo seen by Reuters on Friday that reversed a Biden-era…

Unilever says it didn't seek Ben & Jerry's CEO ouster, urges lawsuit be dismissed

Published: April 25, 2025 23:50

Unilever on Friday rejected the claim it tried to oust former Ben & Jerry's chief executive Dave Stever for supporting his company's progressive social activism, saying it offered him a bigger role and more pay but he chose to resign.

US Justice Department unit for drug and food safety cases being disbanded

Published: April 25, 2025 20:57

A Justice Department unit that handles criminal and civil enforcement of U.S. food and drug safety laws is being disbanded as part of an ongoing cost-cutting campaign by President Donald Trump's administration, according to three people familiar with the…

Nigerian tribunal upholds $220 million fine against Meta for violating consumer, data laws

Published: April 25, 2025 18:19

A $220 million fine against Meta Platforms by Nigeria's competition watchdog for violating local consumer, data protection and privacy laws has been upheld following an unsuccessful appeal, Nigeria's Competition and Consumer Protection Tribunal said on…

'Extraordinary conflict of interest': Warren asks for SEC records of Trump Media's investment products

Published: April 25, 2025 17:45

Democratic Senator Elizabeth Warren asked the U.S. Securities regulator on Friday to share its plans for regulating exchange-traded funds due to be launched by a company founded and majority-owned by President Donald Trump.

Bank of England focuses on trade war in 2025 stress test of central counterparties

Published: April 25, 2025 12:58

The Bank of England said on Friday it will focus on a scenario involving a market panic about a trade war and sovereign debt risks in this year's stress test of central counterparties, which form a key part of global financial infrastructure.

Trump executive order says ABA's role as law school accreditor may be revoked

Published: April 24, 2025 19:59

The Trump Administration said in an executive order on Wednesday that it is considering revoking the American Bar Association’s status as the federally recognized accreditor of law schools, a change that could impact lawyer licensing, student loans and…

Wall Street watchdog staff shrinks 16% in last year, includes key units, sources say

Published: April 24, 2025 18:05

The U.S. Securities and Exchange Commission has lost 16% of its workforce since this time last year, two sources briefed on the matter said, leaving Wall Street's top regulator with gaps across key divisions at a time of market turmoil.

Exclusive: Venezuelan moved to Texas for possible deportation despite judge’s order

Published: April 24, 2025 10:13

President Donald Trump's administration moved a Venezuelan man who had worked in construction in Philadelphia to Texas for possible deportation after a federal judge had issued an order blocking his removal from Pennsylvania or the United States, according…

FDA asks Novavax for post-approval data on COVID vaccine, raising hopes for green light

Published: April 23, 2025 12:26

Novavax said on Wednesday the U.S. Food and Drug Administration had asked the company to produce more data on its COVID-19 vaccine if it was approved, sending its shares soaring after an earlier missed deadline raised doubts about the shot's future.

US Justice Department reassigns about a dozen civil rights attorneys amid shakeup, say sources

Published: April 22, 2025 23:27

The U.S. Justice Department is reassigning about a dozen senior career attorneys from its civil rights unit, four people familiar with the matter said on Tuesday, as President Donald Trump's administration steers the division away from its historic…

Trump administration to respond in court to Harvard's funding freeze challenge, White House says

Published: April 22, 2025 17:55

The Trump administration will respond in court to Harvard University's lawsuit seeking to block a federal funding freeze imposed after the institution rejected a list of White House demands that it said would undermine its independence, White House…

Trump must give some Venezuelan migrants 21 days' notice before deportations, judge rules

Published: April 22, 2025 17:01

A federal judge in Colorado directed President Donald Trump's administration on Tuesday to give Venezuelan migrants detained in that state notice 21 days in advance before any deportations under a law historically used only in wartime, and to inform them…

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