U.S. railroad investor resolutions urge paid sick leave for workers

Dec 5 (Reuters) – Investors have proposed shareholder resolutions to two U.S. railroads calling for paid sick leave for workers, an issue that nearly sparked a nationwide railroad strike, and they could pass to an advisory vote at shareholder meetings in the spring. On Friday, President Joe Biden signed legislation to block a rail closure … Read more

Analysis: Saudi prince seeks Mideast leadership, independence with Xi’s visit

Xi’s trip comes at a delicate time in US-Saudi relations Prince seeks to navigate a polarized world order A lavish reception is expected for Xi Saudi Arabia is China’s biggest oil supplier Saudi-US relations strained over a host of issues RIYADH, Dec 4 (Reuters) – Crown Prince Mohammed bin Salman receives the Chinese leader this … Read more

U.S. appeals court rejects Biden’s bid to revive student debt plan

Nov 30 (Reuters) – A federal appeals court on Wednesday refused to stay a Texas judge’s ruling that President Joe Biden’s plan to write off hundreds of billions of dollars in student loan debt was illegal. The New Orleans-based U.S. 5th Circuit Court of Appeals has denied the Biden administration’s request to stay a judge’s … Read more

Adidas launches probe into misconduct allegations against Kanye West

Nov 24 (Reuters) – Adidas AG (ADSGn.DE) on Thursday said it has launched an investigation into allegations of inappropriate behavior by Kanye West, after the German sporting goods maker last month ended its partnership with the rapper and fashion designer. Adidas said it initiated the probe after receiving an anonymous letter making several allegations against … Read more

Trump rebuffed by judge in New York fraud lawsuit, trial date set

NEW YORK, Nov 22 (Reuters) – A New York judge has scheduled a trial in October 2023 for former U.S. President Donald Trump, three of his adult children and the Trump Organization in a lawsuit brought by the New York Attorney General Letitia James accusing them of fraud. overstating the real estate firm’s assets and … Read more

U.S. appeals court grills Trump lawyer in seized documents dispute

Nov 22 (Reuters) – Judges of an Atlanta-based federal appeals court on Tuesday expressed sympathy with the U.S. Justice Department’s attempt to strike down the appointment of an independent arbitrator to verify documents seized by the FBI at Donald Trump’s home in Florida as they asked tough questions. to the lawyer of the former president. … Read more

Trump snubs Twitter after Musk announces reactivation of ex-president’s account

Nov 19 (Reuters) – Donald Trump said on Saturday he had no interest in returning to Twitter even as a narrow majority voted to reinstate the former US president, who was banned from the service social media outlet for inciting violence, in a poll organized by new owner Elon Musk. Just over 15 million Twitter … Read more

Elon Musk starts Twitter poll on whether to bring back Trump

Nov 18 (Reuters) – Elon Musk launched a Twitter poll on Friday evening asking his followers to vote on whether to restore former U.S. President Donald Trump’s account on the platform, with initial results showing around 60 % of votes yes. “Vox Populi, Vox Dei,” Musk tweeted, a Latin phrase that roughly translates to “the … Read more

U.S. rejects funding to re-open Michigan nuclear plant -Holtec

WASHINGTON, Nov 18 (Reuters) – The U.S. Department of Energy has rejected Holtec International’s request for funding to reopen the Palisades nuclear power plant in Michigan, a Holtec spokesman said on Friday. Holtec purchased the 805-megawatt Palisades Generating Station in May to decommission the facility, which had struggled to compete with natural gas and renewables. … Read more

U.S. seeks 15 years for Elizabeth Holmes over Theranos fraud

Nov 12 (Reuters) – Theranos founder Elizabeth Holmes should spend 15 years in prison and pay $800 million in restitution to defrauded investors in the blood-testing startup, U.S. prosecutors recommended on Friday night. The Justice Department’s recommendation, made in a court filing, came as Holmes prepares for sentencing next week. “Given the scale of Holmes’ … Read more