Iran Ties with MTN, Chaired by South Africa’s New Envoy, Could Hurt Meta, Other Firms
Iranian ties from MTN, a telecommunications company chaired by a new envoy to the US in South Africa, could have a reputational impact on meta and other companies as MTN is under scrutiny. Recently appointed in place of ejected ambassador Ebrahim Lasor, Jonas is a former finance minister considered to be one of the few […]
Europe markets open lower; chip firms tumble as ASML reports bookings miss – CNBC
CNBC Pro: “Stimulus Waves” are set to wash Germany – and these stocks can earn profits Between Germany’s new coalition agreement and the country’s recent fiscal U-turn, the stimulus is set to soar in Europe’s largest economy. The fiscal package set forth in Germany’s constitution in March includes long-standing debt regulations changes, paving the way […]
US company becomes first to settle claims it helped Chinese firms smuggle fentanyl into country
According to US officials, the US logistics company agreed to pay $400,000 to claim that it helped Chinese companies ship fentanyl to the country in the landmark case. According to the US Lawyer's Office for the Western District of Texas, IMC Pro International, a private shipping company based in North Carolina, has reportedly agreed to […]
Dollar Tree selling Family Dollar to private firms for $1B
Dollar Tree announced Wednesday that it agreed to sell its family dollar division to a group of private equity companies in transactions worth around $1 billion. The acquisition by a consortium of companies, including brigade capital management and macerum capital management, is Previous reports from the Wall Street Journal. The decision to sell family dollars […]
Trump admin adds dozens of Chinese tech firms to export blacklist
On Tuesday, the US blacklisted more than 50 Chinese companies as it aims to crack down on the country's artificial intelligence, quantum computing and military advances. In total, the Ministry of Commerce's Industrial and Security Bureau added 80 foreign companies to the list based on national security concerns, including companies from China, the United Arab […]
Trump’s DOJ targets law firms over weaponization: ‘Grossly unethical misconduct’
Published by President Donald Trump Note On Saturday, Attorney General Pam Bondy directs to begin reviewing lawyers and law firms with alleged misconduct in the law. The “Preventing legal system and federal court abuse” memo specifically called out Mark Elias, founder and chairman of Elias Law Group LLP, the law firm involved in Steele Dejar, […]
Trump’s DOJ Launches Review Of Law Firms That Participated In ‘Weaponized Lawfare’
The Department of Justice (DOJ) has begun reviewing law firms that participated in “weaponized law,” in response to President Donald Trump's memo covering fraud by lawyers pursuing lawsuits against the federal government, a spokesman told the Daily Callenor News Foundation. Trump issued it Note Saturday aims to “prevent abuse in the legal system and federal […]
The Memo: Democrats, lawyers left reeling from Paul, Weiss firm’s Trump deal
A Washington Post editorial appeared earlier this week in the headline “I can't stand Trump's efforts to threaten legal professions.” Within 48 hours, these efforts were more than just standing there. They were working – at least one. The leading law firms of Paul, Weiss, Rifkind, Wharton & Garrison (called Paul, Weiss) have chosen to […]
Trump suggests law firms 'want to make deals' after rescinding Paul, Weiss order
President Trump defended a series of enforcement actions he took on Friday to target major law firms related to individuals who hold grems. Trump was asked in his elliptical office how he would respond to critics who claim his actions would be forced. “Well, law firms want to do all the deals. You mean the […]
BREAKING: Trump Administration Abandons Crusade Against Paul, Weiss After Firm’s Concessions Reached
President Trump on Thursday revoked an executive order he signed a week ago, targeting Weiss’ law firm Paul, citing an agreement with the company that includes pro bono support for the administration’s initiative. Trump posted to the True Society that he agreed to withdraw the order he signed on March 14th. This requested a review […]