Stocks weaken from 3-month highs, dollar companies rise on strong US data

Stocks weaken from 3-month highs, dollar companies rise on strong US data

SINGAPORE, Dec 6 (Reuters) – Asian stocks fell from three-month highs and the dollar held on to gains on strong U.S. data that again suggested the Federal Reserve could stick around for longer with aggressive rate hikes of interest. As investors remained hopeful that China’s economy would improve as the country eases its zero-COVID policy, … Read more

US appeals court questions $185 million award to law firm Quinn Emanuel

US appeals court questions 5 million award to law firm Quinn Emanuel

SummaryCompaniesThe law firms Quinn’s partner apologized at one point after judge questioned toneUnitedHealthcare and other opponents called fees awarded ‘astronomical’ (Reuters) – A U.S. appeals court appeared set to overturn an award of $185 million in legal fees to law firm Quinn Emanuel Urquhart & Sullivan on Monday, as a judge questioned the lower court … Read more

U.S. expands Haitian deportation assistance

U.S. expands Haitian deportation assistance

WASHINGTON, Dec 5 (Reuters) – The Biden administration will expand deportation assistance and access to work permits for Haitians already in the United States, the U.S. Department of Homeland Security said on Monday. , a move that comes as the Haitian government struggles to stabilize. the country. The administration will offer Temporary Protected Status (TPS) … Read more

U.S. and Australia work to strengthen alliance > U.S. Department of Defense > Department of Defense News

U.S. and Australia work to strengthen alliance > U.S. Department of Defense > Department of Defense News

Defense Secretary Lloyd J. Austin III began three days of intense talks with two of America’s closest allies: Australia and the United Kingdom. Australian Deputy Prime Minister Richard Marles, who is also Defense Minister, arrived at the Pentagon today for defense talks as part of the Defense Ministers Meeting, which ends tomorrow at the Department … Read more

Bribery charges dismissed against former New York lieutenant governor; US calls

Bribery charges dismissed against former New York lieutenant governor;  US calls

NEW YORK, Dec 5 (Reuters) – A U.S. judge on Monday dismissed the main charges in the federal government corruption case against former New York Lieutenant Governor Brian Benjamin. U.S. District Judge Paul Oetken in Manhattan said the Justice Department did not allege an explicit “quid pro quo” between Benjamin and Gerald Migdol, a real … Read more

US House committee chairman says Bankman-Fried due to testify next week

US House committee chairman says Bankman-Fried due to testify next week

Dec 5 (Reuters) – The chairman of the U.S. House of Representatives Financial Services Committee demanded on Monday that Sam Bankman-Fried, founder and former CEO of now bankrupt crypto exchange FTX, testifies before Congress on December 13. “It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued … Read more

Chinese hackers stole millions of COVID relief money from US, Secret Service says

Chinese hackers stole millions of COVID relief money from US, Secret Service says

WASHINGTON, Dec 5 (Reuters) – Chinese hackers have stolen tens of millions of dollars from U.S. COVID relief benefits since 2020, the Secret Service said on Monday. The Secret Service declined to provide further details, but confirmed an NBC News report that the Chinese hacking team believed to be responsible is known in the security … Read more