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In reversal, US Justice Department says media records can be seized in leak probes
https://www.reuters.com/business/media-telecom/reversal-us-justice-department-says-media-records-can-be-seized-leak-probes-2025-04-26/
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
https://www.reuters.com/sustainability/boards-policy-regulation/unilever-says-it-didnt-seek-ben-jerrys-ceo-ouster-urges-lawsuit-be-dismissed-2025-04-25/
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 FTC offers employees financial incentives to quit
https://www.reuters.com/business/world-at-work/us-ftc-offers-employees-financial-incentives-quit-2025-04-25/
Published: April 25, 2025 22:52
The U.S. Federal Trade Commission offered employees financial incentives on Friday to leave the agency, though some may be turned down if their departure would hurt the agency's work enforcing consumer protection and antitrust laws, according to an…
US judge skeptical about Trump defense of Education Department layoffs
https://www.reuters.com/world/us/us-judge-skeptical-about-trump-defense-education-department-layoffs-2025-04-25/
Published: April 25, 2025 22:09
A federal judge on Friday sharply questioned a lawyer from President Donald Trump's Justice Department who was defending the administration's move to terminate more than 1,300 U.S. Department of Education employees against a challenge by Democratic-led…
Ex-Taliban commander pleads guilty to taking US journalist hostage
https://www.reuters.com/world/asia-pacific/ex-taliban-commander-pleads-guilty-taking-us-journalist-hostage-2025-04-25/
Published: April 25, 2025 22:07
A former commander in the Taliban has pleaded guilty to taking an American journalist and two Afghan nationals hostage in Afghanistan and Pakistan in 2008 and 2009, the U.S. Justice Department said on Friday.
Nike sued over closure of crypto business
https://www.reuters.com/sustainability/boards-policy-regulation/nike-sued-over-closure-crypto-business-2025-04-25/
Published: April 25, 2025 21:03
Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets.
US Justice Department unit for drug and food safety cases being disbanded
https://www.reuters.com/business/healthcare-pharmaceuticals/us-justice-department-unit-drug-food-safety-cases-being-disbanded-2025-04-25/
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…
US judge blocks Trump from ending union bargaining for many federal workers
https://www.reuters.com/legal/us-judge-blocks-trump-ending-union-bargaining-many-federal-workers-2025-04-25/
Published: April 25, 2025 20:24
A federal judge on Friday temporarily blocked the administration of President Donald Trump from stripping hundreds of thousands of federal employees of the ability to unionize and collectively bargain over working conditions.
Trump moves to ease firing of recently-hired federal workers
https://www.reuters.com/legal/government/trump-moves-ease-firing-recently-hired-federal-workers-2025-04-25/
Published: April 25, 2025 20:01
President Donald Trump has made it more difficult for federal employees to keep their jobs after an initial trial period, his latest effort to reshape the U.S. government workforce and rein in dissent from his agenda.
Nigerian tribunal upholds $220 million fine against Meta for violating consumer, data laws
https://www.reuters.com/sustainability/boards-policy-regulation/nigerian-tribunal-upholds-220-million-fine-against-meta-violating-consumer-data-2025-04-25/
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…
Invisalign maker agrees to pay $31 million in consumer price-fixing settlement
https://www.reuters.com/legal/litigation/invisalign-maker-agrees-pay-31-million-consumer-price-fixing-settlement-2025-04-25/
Published: April 25, 2025 18:11
Align Technology , maker of Invisalign clear teeth aligners, has agreed to pay $31.7 million to resolve a U.S. consumer lawsuit accusing the company of entering a conspiracy that drove up prices at rival SmileDirectClub.
'Extraordinary conflict of interest': Warren asks for SEC records of Trump Media's investment products
https://www.reuters.com/sustainability/boards-policy-regulation/extraordinary-conflict-interest-warren-asks-sec-records-trump-medias-investment-2025-04-25/
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.
These law schools were tops for federal clerkships in 2024
https://www.reuters.com/legal/government/these-law-schools-were-tops-federal-clerkships-2024-2025-04-25/
Published: April 25, 2025 17:32
The University of Chicago Law School sent the highest percentage of 2024 graduates into federal clerkships, marking the fourth time in five years that the school was tops for those coveted positions, American Bar Association data shows.
UK's Deliveroo gets $3.6 billion buyout proposal from DoorDash
https://www.reuters.com/technology/deliveroo-receives-buyout-proposal-doordash-180-pence-per-share-2025-04-25/
Published: April 25, 2025 17:28
British meal delivery company Deliveroo said on Friday it received a proposal from U.S. peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion).
New US SEC chair says crypto sector deserves clear regulations
https://www.reuters.com/sustainability/boards-policy-regulation/new-us-sec-chair-says-crypto-sector-deserves-clear-regulations-2025-04-25/
Published: April 25, 2025 17:20
The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering "regulatory uncertainty" in prior years.
Trump administration to restore foreign students' legal status, for now
https://www.reuters.com/world/us/trump-administration-restore-foreign-students-legal-status-now-2025-04-25/
Published: April 25, 2025 16:11
The students were at risk of deportation.
Warner Bros fends off Superman copyright lawsuit ahead of new movie
https://www.reuters.com/legal/litigation/warner-bros-fends-off-superman-copyright-lawsuit-ahead-new-movie-2025-04-25/
Published: April 25, 2025 15:53
Warner Bros. Discovery convinced a U.S. judge to dismiss a lawsuit over rights to the iconic character Superman, lifting a legal headache before the company releases its new "Superman" movie this summer.
Luigi Mangione due in court for arraignment as prosecutors seek death penalty
https://www.reuters.com/legal/luigi-mangione-due-court-arraignment-prosecutors-seek-death-penalty-2025-04-25/
Published: April 25, 2025 15:36
Luigi Mangione was due in Manhattan federal court on Friday to be asked for his plea to charges of gunning down health insurance executive Brian Thompson, a day after prosecutors formally stated their intent to seek the death penalty.
US officials arrest Milwaukee judge for obstructing immigration operation
https://www.reuters.com/world/us/fbi-director-says-arrested-judge-obstructing-immigration-operation-2025-04-25/
Published: April 25, 2025 14:59
U.S. officials arrested a Wisconsin judge on Friday in what appeared to be a dispute between President Donald Trump's administration and local officials over immigration enforcement.
Venezuelans' lawyers urge judge to order Trump to facilitate return from El Salvador
https://www.reuters.com/legal/venezuelans-lawyers-urge-judge-order-trump-facilitate-return-el-salvador-2025-04-25/
Published: April 25, 2025 14:20
Lawyers for a group of at least 137 Venezuelan men sent to a prison in El Salvador last month have urged a judge to order Republican President Donald Trump's administration to facilitate their return to the U.S.
Bank of England focuses on trade war in 2025 stress test of central counterparties
https://www.reuters.com/sustainability/boards-policy-regulation/bank-england-focuses-trade-war-2025-stress-test-central-counterparties-2025-04-25/
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.
Russia's central bank governor on rates, inflation, rouble, tariffs
https://www.reuters.com/markets/europe/russias-nabiullina-rates-inflation-rouble-tariffs-2025-04-25/
Published: April 25, 2025 12:52
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank held its key rate at 21% as expected.
US court launches 30-day competition for Citgo parent's shares
https://www.reuters.com/business/energy/us-court-launch-30-day-competition-citgo-parents-shares-2025-04-25/
Published: April 25, 2025 12:40
A U.S. court organizing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has approved a 30-day competition period starting on April 28 to receive bids, with the final winner of the sale process to be selected on June 11,…
Insurance broker Aon misses quarterly profit estimates on higher cost
https://www.reuters.com/business/finance/insurance-broker-aon-misses-quarterly-profit-estimates-higher-cost-2025-04-25/
Published: April 25, 2025 11:34
Insurance brokerage firm Aon missed Wall Street estimates for first-quarter profit on Friday, hurt by higher expenses.
European Commission to assess UMG's proposed acquisition of Downtown Music
https://www.reuters.com/business/media-telecom/european-commission-assess-umgs-proposed-acquisition-downtown-music-2025-04-25/
Published: April 25, 2025 11:24
The European Commission said on Friday it would investigate Universal Music Group's planned $775 million acquisition of independent music services company Downtown Music, confirming earlier media reports.
US universities help foreign students weather Trump deportations
https://www.reuters.com/world/us/us-universities-help-foreign-students-weather-trump-deportations-2025-04-25/
Published: April 25, 2025 11:05
Some advisers are telling students to hire a lawyer and keep attending classes while legal appeals play out.
In first 100 days, Trump tells migrants 'leave the United States'
https://www.reuters.com/world/us/first-100-days-trump-tells-migrants-leave-united-states-2025-04-25/
Published: April 25, 2025 10:06
After Russia's invasion of Ukraine, Taras Atamanchuk found safety for his family near Houston, Texas.
Sean 'Diddy' Combs due back in court as sex trafficking trial looms
https://www.reuters.com/world/us/sean-diddy-combs-due-back-court-sex-trafficking-trial-looms-2025-04-25/
Published: April 25, 2025 10:05
Sean Diddy Combs is due in court on Friday, where the judge in the hip-hop mogul's sex trafficking case may determine the scope of any expert witness testimony at his trial starting next month
US prosecutors to seek death penalty against Luigi Mangione in UnitedHealth executive's murder
https://www.reuters.com/world/us/prosecutors-file-formal-notice-plan-seek-death-penalty-luigi-mangione-2025-04-25/
Published: April 25, 2025 00:13
U.S. prosecutors formally told a court on Thursday that they plan to seek the death penalty for Luigi Mangione, who is accused of murdering a UnitedHealth Group executive in New York last year.
Trump administration says it is complying with order barring FEMA funding freeze
https://www.reuters.com/world/us/trump-administration-says-it-is-complying-with-order-barring-fema-funding-freeze-2025-04-24/
Published: April 24, 2025 22:58
The Trump administration said on Thursday the Federal Emergency Management Agency had made more than $2.2 billion in payments to a group of states over the past three weeks, meaning it was in compliance with a judge's order blocking an earlier sweeping…
Ozempic copies restricted after US judge denies injunction
https://www.reuters.com/business/healthcare-pharmaceuticals/ozempic-copies-restricted-after-us-judge-denies-injunction-2025-04-24/
Published: April 24, 2025 22:51
A U.S. judge on Thursday rejected a bid by compounding pharmacies to keep making copies of Novo Nordisk's popular diabetes and weight-loss drugs Ozempic and Wegovy while a legal challenge over drug shortages unfolds, court records show.
Publisher Ziff Davis sues OpenAI for copyright infringement
https://www.reuters.com/business/publisher-ziff-davis-sues-openai-copyright-infringement-2025-04-24/
Published: April 24, 2025 22:45
Digital media publisher Ziff Davis sued OpenAI in Delaware federal court on Thursday, accusing the Microsoft-backed artificial-intelligence company of misusing its publications to train the model behind popular chatbot ChatGPT.
Skadden accused of blocking lawyers from discussing firm's deal with Trump
https://www.reuters.com/legal/government/skadden-accused-blocking-lawyers-discussing-firms-deal-with-trump-2025-04-24/
Published: April 24, 2025 20:27
Skadden Arps Slate Meagher & Flom was accused on Thursday of limiting its lawyers' access to internal email lists to prevent them from discussing an agreement struck with President Donald Trump to avoid an executive order targeting the firm.
These law schools posted highest employment rates of 2024
https://www.reuters.com/legal/legalindustry/these-law-schools-posted-highest-employment-rates-2024-2025-04-24/
Published: April 24, 2025 20:23
Duke Law School sent the highest percentage of graduates into full-time law jobs in 2024, unseating the University of Virginia School of Law, which held that position the two previous years, according to data from the American Bar Association.
Google says will buy back $70 bln in shares, posts earnings beat
https://www.reuters.com/business/google-parent-alphabet-beats-quarterly-revenue-estimates-2025-04-24/
Published: April 24, 2025 20:06
Google parent Alphabet said it would buy back $70 billion worth of shares as it reported first-quarter profit above Wall Street expectations on Thursday.
Trump executive order says ABA's role as law school accreditor may be revoked
https://www.reuters.com/legal/government/trump-executive-order-says-abas-role-law-school-accreditor-may-be-revoked-2025-04-24/
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…
US appeals court questions 97-year-old judge's challenge to her suspension
https://www.reuters.com/legal/government/us-appeals-court-questions-97-year-old-judges-challenge-her-suspension-2025-04-24/
Published: April 24, 2025 19:45
A U.S. appeals court panel expressed skepticism on Thursday that 97-year-old U.S. Circuit Judge Pauline Newman should be able to revive her lawsuit challenging her suspension from the U.S. Court of Appeals for the Federal Circuit.
This Supreme Court case could upend class actions
https://www.reuters.com/legal/government/column-this-supreme-court-case-could-upend-class-actions-2025-04-24/
Published: April 24, 2025 19:26
When the U.S. Supreme Court next week hears arguments in a case that could reshape class action litigation, the justices will consider some lofty questions about constitutional standing and jurisdiction.
Trump administration replaces lawyers in NYC congestion pricing challenge
https://www.reuters.com/world/us/feds-apologize-accidental-filing-casting-doubt-nyc-congestion-pricing-challenge-2025-04-24/
Published: April 24, 2025 19:19
The Trump administration is replacing lawyers in the U.S. Attorney's Office in Manhattan after they accidentally filed an internal government letter that cast significant doubt on the Transportation Department's effort to kill New York's congestion pricing…
Exclusive: US Justice Dept grant cuts valued at $811 million, people and records say
https://www.reuters.com/world/us/us-justice-dept-grant-cuts-valued-811-million-people-familiar-say-2025-04-24/
Published: April 24, 2025 19:09
The 365 grants targeted for termination impact victim service programs ranging from trauma centers and crisis hotlines to sign language interpretation and police training.
Judge partly blocks Trump order that claimed greater control over US elections
https://www.reuters.com/world/us/judge-partly-blocks-trump-order-seeking-overhaul-us-elections-2025-04-24/
Published: April 24, 2025 18:16
A U.S. judge on Thursday blocked parts of President Donald Trump's executive order seeking to impose new rules on federal elections, which Democrats and other groups said risked denying eligible citizens the right to vote.
Wall Street watchdog staff shrinks 16% in last year, includes key units, sources say
https://www.reuters.com/sustainability/boards-policy-regulation/wall-street-watchdog-staff-shrinks-16-last-year-includes-key-units-sources-say-2025-04-24/
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.
US aims to boost offshore oil drilling by easing pressure rules
https://www.reuters.com/business/energy/us-aims-boost-offshore-oil-drilling-by-easing-pressure-rules-2025-04-24/
Published: April 24, 2025 17:07
The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output.
US lobbying firms see early revenue boost in Trump's second term
https://www.reuters.com/legal/government/us-lobbying-firms-see-early-revenue-boost-trumps-second-term-2025-04-24/
Published: April 24, 2025 16:48
(Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com)
American Bar Association sues US Justice Department, claiming retaliation over grants
https://www.reuters.com/legal/american-bar-association-sues-us-justice-department-claiming-retaliation-over-2025-04-24/
Published: April 24, 2025 16:31
The American Bar Association sued the U.S. Department of Justice on Wednesday, claiming it illegally terminated federal grants in retaliation for the lawyer organization's public criticism of the Trump administration.
US judge orders return of second migrant deported to El Salvador
https://www.reuters.com/world/us/us-judge-orders-return-second-migrant-deported-el-salvador-2025-04-24/
Published: April 24, 2025 16:15
A federal judge has ordered the administration of President Donald Trump to facilitate the return of a second man sent to a prison in El Salvador back to the United States, saying his deportation violated a court settlement.
US judge blocks Trump from withholding funds from 16 'sanctuary' cities, counties
https://www.reuters.com/legal/us-judge-blocks-trump-withholding-funds-16-sanctuary-cities-counties-2025-04-24/
Published: April 24, 2025 15:45
A federal judge on Thursday blocked President Donald Trump's administration from withholding federal funding from several so-called sanctuary jurisdictions that have declined to cooperate with the Republican's hardline immigration crackdown.
Trump asks US Supreme Court to enforce transgender military ban
https://www.reuters.com/world/us/trump-asks-us-supreme-court-allow-enforcement-transgender-military-ban-2025-04-24/
Published: April 24, 2025 15:16
President Donald Trump's administration asked the U.S. Supreme Court on Thursday to allow implementation of his executive order banning transgender people from serving in the military, one of a series of directives by the Republican president to curb…
US warns states they could lose transportation funding over immigration, DEI policies
https://www.reuters.com/world/us/us-warns-states-they-could-lose-transportation-funding-over-immigration-dei-2025-04-24/
Published: April 24, 2025 14:50
The Trump administration said Thursday states could lose federal transportation funding over failing to cooperate on federal immigration enforcement efforts or for diversity, equity, and inclusion programs.
Boeing CEO 'won't be shy' about bringing in new execs if needed
https://www.reuters.com/business/aerospace-defense/boeing-ceo-wont-be-shy-about-bringing-new-execs-if-needed-2025-04-24/
Published: April 24, 2025 14:49
Boeing CEO Kelly Ortberg on Thursday praised the performance of upper management at the company, but told its annual general meeting that he would not hesitate to add personnel if needed.
Autodesk settles fight with Starboard, adds two to board
https://www.reuters.com/sustainability/sustainable-finance-reporting/autodesk-settles-fight-with-starboard-adds-two-board-2025-04-24/
Published: April 24, 2025 14:38
Autodesk said on Thursday it will add two newcomers to its board and settle one of the year's most high-profile proxy fights after activist hedge fund Starboard Value mounted a boardroom challenge at the software-design company last month.
Median US CEO pay hits record $16.8 million on soaring stock awards
https://www.reuters.com/sustainability/boards-policy-regulation/median-us-ceo-pay-hits-record-168-million-soaring-stock-awards-2025-04-24/
Published: April 24, 2025 14:08
Median pay among top U.S. CEOs rose 7.5% to a record $16.8 million for 2024, a new study found, as big stock grants boosted leaders' reported earnings well beyond the pay received by U.S. workers.
Morgan Stanley to sell remaining $1.23 billion of X debt, source says
https://www.reuters.com/business/finance/morgan-stanley-sell-final-12-billion-x-debt-bloomberg-news-reports-2025-04-24/
Published: April 24, 2025 13:49
Morgan Stanley is selling the last $1.23 billion of debt related to Elon Musk's $44 billion buyout of social media platform Twitter, now called X, a person familiar with the matter said on Thursday.
Spirit Airlines gets approval for NYSE American listing
https://www.reuters.com/business/spirit-airlines-gets-approval-nyse-listing-2025-04-24/
Published: April 24, 2025 12:37
Spirit Airlines said on Thursday it has received an approval to list its shares on the NYSE American, weeks after the low-cost carrier emerged from bankruptcy.
UPS to buy Andlauer Healthcare for $1.6 billion
https://www.reuters.com/business/healthcare-pharmaceuticals/ups-buy-andlauer-healthcare-16-billion-2025-04-24/
Published: April 24, 2025 12:29
Parcel giant UPS said on Thursday it would buy Canada's Andlauer Healthcare Group for $1.6 billion, boosting its healthcare logistics business.
Exclusive: Venezuelan moved to Texas for possible deportation despite judge’s order
https://www.reuters.com/world/us/trump-administration-moved-venezuelan-texas-possible-deportation-despite-judges-2025-04-24/
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…
100 days of DOGE: lots of chaos, not so much efficiency
https://www.reuters.com/world/us/100-days-doge-lots-chaos-not-so-much-efficiency-2025-04-24/
Published: April 24, 2025 10:06
At the Social Security Administration, lawyers, statisticians and other high-ranking agency officials are being sent from the Baltimore headquarters to regional offices to replace veteran claims processors who have been fired or taken buyouts from the…
As FDA delays Novavax' COVID vaccine approval, patients fight back
https://www.reuters.com/business/healthcare-pharmaceuticals/fda-delays-novavax-covid-vaccine-approval-patients-fight-back-2025-04-24/
Published: April 24, 2025 10:04
Thousands of Americans campaigning for the Novavax COVID-19 booster got some good news this week: the FDA signaled it might still win approval after Health Secretary Robert F. Kennedy Jr cast doubt on its efficacy.
Armenian fund completes acquisition of Goldman Sachs' Russian unit
https://www.reuters.com/business/finance/armenian-fund-completes-acquisition-goldman-sachs-russian-unit-2025-04-24/
Published: April 24, 2025 09:47
Armenian investment fund Balchug Capital has completed an acquisition of the Russian subsidiary of U.S. bank Goldman Sachs, the firm said in a statement.
Novo Nordisk's stellar Wegovy-fuelled run of hiking sales guidance could be ending
https://www.reuters.com/business/healthcare-pharmaceuticals/novo-nordisks-stellar-wegovy-fuelled-run-hiking-sales-guidance-could-be-ending-2025-04-24/
Published: April 24, 2025 05:12
Since launching its wildly popular weight-loss drug Wegovy in 2021, Novo Nordisk has raised its annual sales guidance several times a year.
US lawmakers subpoena China telecom giants over security concerns
https://www.reuters.com/sustainability/boards-policy-regulation/us-lawmakers-subpoena-china-telecom-giants-over-security-concerns-2025-04-23/
Published: April 23, 2025 22:21
The leaders of a U.S. congressional committee on Wednesday moved to force China's three telecom giants to cooperate with an investigation into their alleged support for the Chinese military and government, according to letters seen by Reuters.
US brings first terrorism charges against alleged Venezuelan gang member
https://www.reuters.com/world/us/us-brings-first-terrorism-charges-against-alleged-venezuelan-gang-member-2025-04-23/
Published: April 23, 2025 21:49
The U.S. on Wednesday added terrorism-related charges to its criminal case against an alleged high-ranking member of Tren de Aragua, the first time U.S. authorities have used those charges against the Venezuelan street gang.
Musk's X sues to block Minnesota 'deepfake' law over free speech concerns
https://www.reuters.com/business/media-telecom/musks-x-sues-block-minnesota-deepfake-law-over-free-speech-concerns-2025-04-23/
Published: April 23, 2025 21:34
Elon Musk's social media platform X sued Minnesota on Wednesday over a state law that bans people from using AI-generated "deepfakes" to influence an election, which the company said violated protections of free speech.
Trump signs orders on university accreditation, foreign gifts
https://www.reuters.com/world/us/trump-signs-orders-university-accreditation-foreign-gifts-2025-04-23/
Published: April 23, 2025 21:31
In his latest step pressuring U.S. universities, President Donald Trump on Wednesday signed an order intended to toughen standards for college accreditation, a requirement for accessing billions of dollars in federal student financial aid.
Discover Financial profit jumps on lower loss provision and higher interest income
https://www.reuters.com/business/finance/discover-financial-profit-jumps-lower-loss-provision-higher-interest-income-2025-04-23/
Published: April 23, 2025 21:04
U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop in the company's provision for credit losses and higher interest income.
Law grad job rates surged to historic highs in 2024, ABA data shows
https://www.reuters.com/legal/legalindustry/law-grad-job-rates-surged-historic-highs-2024-aba-data-shows-2025-04-23/
Published: April 23, 2025 18:20
The employment rate for law school graduates hit record highs in 2024, according to data released by the American Bar Association on Wednesday, defying predictions that a double-digit enrollment surge would weaken job prospects.
US Supreme Court poised to revive challenge to California emissions standards
https://www.reuters.com/world/us/us-supreme-court-poised-revive-challenge-california-emissions-standards-2025-04-23/
Published: April 23, 2025 17:13
U.S. Supreme Court justices appeared sympathetic on Wednesday to a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a case involving the Democratic-governed state's power…
US Justice Department cancels hundreds of grants for police, crime victims
https://www.reuters.com/world/us/us-justice-department-cancels-hundreds-grants-police-crime-victims-2025-04-23/
Published: April 23, 2025 16:44
The U.S. Justice Department has canceled hundreds of ongoing grants that funded everything from services for mental health care for police officers to support programs for victims of crime and sexual assault, according to internal records and four people…
New Jersey sues RealPage, says collusion with landlords drives up rents
https://www.reuters.com/legal/new-jersey-sues-realpage-says-collusion-with-landlords-drives-up-rents-2025-04-23/
Published: April 23, 2025 16:33
New Jersey sued the property management software company RealPage, accusing it and 10 of the state's largest landlords of conspiring to drive up residential rents, violating federal and state antitrust laws and New Jersey consumer fraud laws.
Tyson, other pork producers to pay $64 million in new price-fixing settlements
https://www.reuters.com/legal/litigation/tyson-other-pork-producers-pay-64-million-new-price-fixing-settlements-2025-04-23/
Published: April 23, 2025 16:20
Tyson Foods and two other pork processors have agreed to pay $64 million to resolve a lawsuit claiming they conspired to fix prices for food services providers, in an agreement that pushes total settlements in the case to more than $180 million.
Accounting merger helps balance private-fee books
https://www.reuters.com/legal/transactional/accounting-merger-helps-balance-private-fee-books-2025-04-23/
Published: April 23, 2025 15:40
Buyout barons are wearing pocket protectors and green visors with their tailored suits. Baker Tilly, an accounting firm recently backed by private equity shop Hellman & Friedman, unveiled a plan to merge with rival Moss Adams in a $7 billion deal that…
Law firms targeted by Trump ask judges to permanently bar executive orders against them
https://www.reuters.com/world/us/law-firms-targeted-by-trump-ask-judges-permanently-bar-executive-orders-against-2025-04-23/
Published: April 23, 2025 14:28
Law firms Perkins Coie and WilmerHale will ask federal judges in Washington, D.C., on Wednesday to permanently bar President Donald Trump's executive orders against them, calling the measures acts of retaliation that violate U.S. constitutional…
Trump says he is suing Perkins Coie law firm
https://www.reuters.com/legal/trump-says-he-is-suing-perkins-coie-law-firm-2025-04-23/
Published: April 23, 2025 13:47
U.S. President Donald Trump said on Wednesday he was suing law firm Perkins Coie for "egregious and unlawful acts" and cited the conduct of an unidentified member of the firm.
FDA asks Novavax for post-approval data on COVID vaccine, raising hopes for green light
https://www.reuters.com/business/healthcare-pharmaceuticals/fda-asks-novavax-commitment-post-approval-studies-covid-vaccine-2025-04-23/
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.
Google, X next targets as Europe stays tough on tech regulation
https://www.reuters.com/sustainability/boards-policy-regulation/google-x-next-targets-europe-stays-tough-tech-regulation-2025-04-23/
Published: April 23, 2025 10:40
Alphabet's Google and Elon Musk's X may be the next to face fines from European regulators, as they stay tough on Big Tech despite concerns of retaliatory U.S. tariffs, according to three sources with direct knowledge of the matter.
Jury to hear opening statements in Harvey Weinstein's new sex crimes trial
https://www.reuters.com/world/us/jury-hear-opening-statements-harvey-weinsteins-new-sex-crimes-trial-2025-04-23/
Published: April 23, 2025 10:11
Harvey Weinstein’s retrial on rape and sexual assault charges is set to proceed Wednesday with opening statements before a Manhattan jury, a year after New York’s highest state appeals court overturned the disgraced movie mogul’s conviction.
Apple fined $570 million and Meta $228 million for breach of EU law
https://www.reuters.com/sustainability/boards-policy-regulation/apple-fined-570-million-meta-228-million-breaching-eu-law-2025-04-23/
Published: April 23, 2025 09:47
Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.
Democratic lawmakers question Justice Department over warning to fired official
https://www.reuters.com/world/us/democratic-lawmakers-question-justice-department-over-warning-fired-official-2025-04-23/
Published: April 23, 2025 09:06
Democratic lawmakers on Wednesday pressed the U.S. Justice Department to explain its decision to dispatch armed agents to deliver a letter warning a fired employee about her planned testimony before members of Congress.
US Justice Department reassigns about a dozen civil rights attorneys amid shakeup, say sources
https://www.reuters.com/world/us/us-justice-department-reassigns-about-dozen-civil-rights-attorneys-amid-shakeup-2025-04-22/
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…
US court keeps Trump tariffs in force against group of small businesses
https://www.reuters.com/business/us-court-keeps-trump-tariffs-force-against-group-small-businesses-2025-04-22/
Published: April 22, 2025 23:14
A U.S. federal court on Tuesday allowed President Donald Trump's tariffs against a group of small businesses to remain in force for now, saying the businesses had not shown they would immediately be harmed by new taxes on imports.
Florida sues Snapchat owner for allegedly addicting children, deceiving parents
https://www.reuters.com/sustainability/society-equity/florida-sues-snapchat-owner-allegedly-addicting-children-deceiving-parents-2025-04-22/
Published: April 22, 2025 22:08
Florida sued Snap , the owner of photo-sharing app Snapchat, on Tuesday, accusing it of illegally employing features that addict children and opening accounts for children age 13 and younger.
23andMe bankruptcy sale may need national security review
https://www.reuters.com/legal/government/23andme-bankruptcy-sale-may-need-national-security-review-2025-04-22/
Published: April 22, 2025 22:04
Bankrupt genetic test company 23andMe may face opposition from the U.S. government if it tries to sell itself to a foreign buyer, according to a Tuesday court filing by national security agencies.
Major cases involving Trump before the US Supreme Court
https://www.reuters.com/legal/major-cases-involving-trump-before-us-supreme-court-2025-04-22/
Published: April 22, 2025 20:03
The U.S. Supreme Court has acted in a series of cases involving challenges to executive orders signed by President Donald Trump and actions by his administration since he returned to office in January. The cases have involved deportations, Trump's move to…
Jury finds NY Times not liable in Sarah Palin defamation case
https://www.reuters.com/world/us/jury-finds-ny-times-not-liable-sarah-palin-defamation-case-2025-04-22/
Published: April 22, 2025 19:43
A federal jury in Manhattan on Tuesday found the New York Times not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial.
New England grid demand hits record low as rooftop solar kicks in
https://www.reuters.com/business/energy/new-england-grid-demand-hits-record-low-rooftop-solar-kicks-2025-04-22/
Published: April 22, 2025 19:39
Power grid use in the far northeast United States registered an all-time low over the weekend as mild weather and rooftop solar panels slashed demand on the regional electrical system, grid operator ISO New England said on Tuesday.
US disburses part of loan to Michigan nuclear power plant for restart
https://www.reuters.com/business/energy/us-disburses-part-loan-michigan-nuclear-power-plant-restart-2025-04-22/
Published: April 22, 2025 19:32
A Michigan nuclear reactor hoping to be the first in the United States to restart after permanent closure has received about 10% of $1.52 billion in U.S. financing approved during former President Joe Biden's term, the Energy Department said on Tuesday.
US judge blocks Trump's shutdown of government-funded news broadcasts
https://www.reuters.com/legal/us-judge-blocks-trumps-shutdown-government-funded-radio-broadcasts-2025-04-22/
Published: April 22, 2025 19:06
A federal judge ordered the Trump administration on Tuesday to halt efforts to shut down Voice of America, Radio Free Asia and Middle East Broadcasting Networks, whose news broadcasts are funded by the government to export U.S. values to the world.
California bar seeks to reduce pass score after disastrous exam rollout
https://www.reuters.com/legal/government/california-bar-seeks-reduce-pass-score-after-disastrous-exam-rollout-2025-04-22/
Published: April 22, 2025 18:06
The State Bar of California said it will ask the state's high court to adjust test scores for those who took its problem-plagued February bar exam, which was marred by technical and logistical issues.
Trump administration to respond in court to Harvard's funding freeze challenge, White House says
https://www.reuters.com/legal/trump-administration-respond-court-harvards-funding-freeze-challenge-white-house-2025-04-22/
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
https://www.reuters.com/legal/trump-must-give-some-venezuelan-migrants-21-days-notice-before-deportations-2025-04-22/
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…
Trump administration pushes appeals court to enforce military's transgender ban
https://www.reuters.com/legal/government/trump-administration-pushes-appeals-court-enforce-militarys-transgender-ban-2025-04-22/
Published: April 22, 2025 16:09
President Donald Trump's administration on Tuesday urged an appeals court to let it enforce its ban on openly transgender service members in the military.
IMF says financial stability risks increased significantly amid trade turmoil
https://www.reuters.com/sustainability/boards-policy-regulation/imf-says-financial-stability-risks-increased-significantly-amid-trade-turmoil-2025-04-22/
Published: April 22, 2025 16:07
Global financial stability risks have increased significantly since the fall, driven largely by heightened economic uncertainty around trade policy and other geopolitical factors, the International Monetary Fund cautioned Tuesday.
Three prosecutors in corruption case against NYC Mayor Eric Adams resign
https://www.reuters.com/world/us/three-prosecutors-corruption-case-against-nyc-mayor-eric-adams-resign-according-2025-04-22/
Published: April 22, 2025 16:04
The three remaining federal prosecutors who brought criminal corruption charges against New York City Mayor Eric Adams resigned in protest on Tuesday, saying the Justice Department pressured them to admit wrongdoing when they refused to drop the case,…
Google declined OpenAI bid for partnership, exec testifies at trial
https://www.reuters.com/sustainability/boards-policy-regulation/google-contemplated-exclusive-gemini-ai-deals-with-android-makers-2025-04-22/
Published: April 22, 2025 14:30
Alphabet's Google shot down a bid by OpenAI to use its search technology within ChatGPT, an OpenAI executive testified on Tuesday at Google's antitrust trial in Washington.
US targets Iranian LPG magnate with sanctions, Treasury says
https://www.reuters.com/world/us/us-issues-fresh-iran-related-sanctions-treasury-website-says-2025-04-22/
Published: April 22, 2025 14:15
The United States issued new sanctions on Tuesday targeting Iranian liquefied petroleum gas magnate Seyed Asadoollah Emamjomeh and his corporate network, the Treasury Department said, amid ongoing talks with Tehran on its nuclear program.
Intel results to spotlight new CEO Tan's strategy to reverse years of missteps
https://www.reuters.com/technology/intel-results-spotlight-new-ceo-tans-strategy-reverse-years-missteps-2025-04-22/
Published: April 22, 2025 10:09
Intel's quarterly results will offer the clearest look yet at new CEO Lip-Bu Tan's turnaround strategy for the embattled American chipmaker, and investors are hoping for early signs that he is reversing years of strategic lapses.
How Trump waged war on his perceived foes in first 100 days
https://www.reuters.com/world/us/how-trump-moved-swiftly-punish-perceived-foes-his-first-100-days-2025-04-22/
Published: April 22, 2025 10:06
Hours after swearing an oath to defend the U.S. Constitution on January 20, President Donald Trump signed an executive order directing his attorney general to scour the Justice Department and other agencies for evidence of political "weaponization."
US Supreme Court to weigh objections to elementary school LGBT storybooks
https://www.reuters.com/legal/us-supreme-court-weigh-objections-elementary-school-lgbt-storybooks-2025-04-22/
Published: April 22, 2025 10:05
The court is set to consider a bid by Christian and Muslim parents in Maryland to keep their elementary school children out of certain classes when storybooks with LGBT characters are read.
Taiwan says buying more US gas, oil is a focus in tariff talks
https://www.reuters.com/sustainability/boards-policy-regulation/taiwan-says-buying-more-us-gas-oil-is-focus-tariff-talks-2025-04-22/
Published: April 22, 2025 08:35
Increasing purchases of U.S. natural gas and oil is a focus of Taiwan's tariff talks with the United States, President Lai Ching-te said on Tuesday.
UK's DCC to sell its healthcare division for $1.41 billion
https://www.reuters.com/business/healthcare-pharmaceuticals/uks-dcc-sell-its-healthcare-division-141-billion-2025-04-22/
Published: April 22, 2025 06:18
British sales and marketing services provider DCC on Tuesday said it will sell its healthcare division to private equity firm Investindustrial Advisors' investment unit for a total enterprise value of 1.05 billion pounds ($1.41 billion).
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