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Longest government shutdown in US history ends after 43 days
Court News |
2025/11/13 05:40
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President Donald Trump signed a government funding bill Wednesday night, ending a record 43-day shutdown that caused financial stress for federal workers who went without paychecks, stranded scores of travelers at airports and generated long lines at some food banks.
Before signing the legislation, Trump said the government should never shut down again, adding, “This is no way to run a country.”
Trump’s signature draws to a close the second government shutdown he’s overseen in the White House, one that magnified the partisan divisions in Washington as his administration took unprecedented unilateral actions -- including canceling projects and trying to fire federal workers -- to pressure Democrats into relenting on their demands.
The signing ceremony came just hours after the House passed the measure on a mostly party-line vote of 222-209. The Senate had already passed the measure Monday.
In lengthy remarks before affixing his name, Trump said, “It’s an honor now to sign this incredible bill.”
He said the government should never shut down again, adding, “This is no way to run a country.”
Trump was surrounded in the Oval Office by Republican lawmakers and some former members of Congress who are now heading powerful business lobbying groups.
His signature drew applause, but Trump didn’t answer questions on the Epstein scandal or any other topic before the press was hustled out.
Trump signed the government funding bill Wednesday night, drawing to a close the second government shutdown he’s overseen in the White House.
The signing ceremony came just hours after the House passed the measure on a mostly party-line vote of 222-209. The Senate had already passed the measure Monday.
Congress has taken a major step toward reopening the government, but there’s still uncertainty about when all 42 million Americans who receive SNAP food aid will have access to their full November benefits.
One provision in the bill that would reopen the government calls for restarting the Supplemental Nutrition Assistance Program, but even that doesn’t resolve when the benefits will be loaded onto the debit cards beneficiaries use to buy groceries.
A spokesperson for the U.S. Department of Agriculture, which runs the program, said in an email Wednesday that funds could be available “upon the government reopening, within 24 hours for most states.” The department didn’t immediately answer questions about where it might take longer. |
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Dominican appeals court to hear arguments on Franco’s conviction
Court Watch |
2025/11/09 05:40
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Wander Franco’s attorneys pushed to have the suspended Tampa Bay Rays shortstop’s sexual-abuse conviction and sentencing overturned Tuesday.
Franco in June was convicted of sexually abusing a minor, and he then received a two-year suspended sentence. Meanwhile, prosecutors are seeking a five-year sentence.
The court of appeals in Puerto Plata, where the case was heard, said it would issue a ruling on Dec. 9 after hearing arguments from prosecutors and Franco’s lawyers.
Franco was arrested last year after being accused of having a four-month relationship with a girl who was 14 at the time, and of transferring thousands of dollars to her mother to consent to the illegal relationship.
Franco was once Tampa Bay’s star shortstop, signing an 11-year, $182 million contract in November 2021.
Authorities in the Dominican Republic announced in August 2023 they were investigating him for an alleged relationship with a minor.
In January 2024, Franco was arrested in his home country. Six months later, Tampa Bay placed him on the restricted list.
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California voters take up Prop 50, a Democratic push for more US House seats
Attorney News |
2025/11/05 06:57
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The national battle to control the U.S. House shifts to California on Tuesday as voters consider a Democratic proposal that could erase as many as five Republican districts and blunt President Donald Trump’s moves to safeguard his party’s lock on Washington power.
The outcome will reverberate into next year’s midterm elections and beyond, with Democrats hoping a victory will set the stage for the party to regain control of the House in 2026. A shift in the majority would imperil Trump’s agenda for the remainder of his term at a time of deep partisan divisions over immigration, health care and the future direction of the nation.
“God help us if we lose in California,” Democratic Gov. Gavin Newsom says.
Democrats need to gain just three seats in the 2026 elections to take control of the House.
Heavily Democratic California and its 52 congressional districts represent by far the Democrats’ best opportunity in an unprecedented state-by-state redistricting battle, which started when Texas Republicans heeded Trump’s demand that they redraw their boundaries to help the GOP retain its House majority. Democrats hold 43 of the state’s seats and hope to boost that to 48.
Trump is fighting not just the Democrats but history. Midterm elections typically punish the party in the White House, but four GOP-led states so far have adopted new district maps to pack more Republican voters into key districts.
Measure supported by Newsom, Obama
California’s Proposition 50 asks voters to suspend House maps drawn by an independent commission and replace them with rejiggered districts adopted by the Democratic-controlled Legislature. Those new districts would be in place for the 2026, 2028 and 2030 elections.
The recast districts aim to dilute Republican voters’ power, in one case by uniting rural, conservative-leaning parts of far northern California with Marin County, a famously liberal coastal stronghold across the Golden Gate Bridge from San Francisco.
The measure has been spearheaded by Newsom, who has thrown the weight of his political operation behind it in a major test of his mettle ahead of a potential 2028 presidential campaign. Former President Barack Obama has urged voters to pass it as well.
Newsom has sought to nationalize the campaign, depicting the proposal as a counterweight to all things Trump.
“Republicans want to steal enough seats in Congress to rig the next election and wield unchecked power for two more years,” Obama says in one ad. “You can stop Republicans in their tracks.”
Critics say two wrongs don’t make a right. They urge Californians to reject what they call a Democratic power grab, even if they have misgivings about Trump’s moves in Republican-led states.
Among the most prominent critics is Arnold Schwarzenegger, the movie star and former Republican governor who pushed for the creation of the independent commission, which voters approved in 2008 and 2010. It makes no sense to fight Trump by becoming him, Schwarzenegger said in September, arguing that the proposal would “take the power away from the people.”
“I don’t want Newsom to have control,” said Rebecca Fleshman, a 63-year-old retired medical assistant from Norco in Southern California, who voted against the measure. “I don’t want the state to be blue. I want it to be red.”
After an early burst of TV advertising, opponents of the plan have struggled to raise cash in a state with some of the nation’s most expensive media markets. Data compiled by advertising tracker AdImpact last week showed Democrats and other supporters with over $5 million in ad buys booked on broadcast TV, cable and radio. But opponents had virtually no time reserved, though the data didn’t include some popular streaming services like Hulu and YouTube or mail advertising.
Total spending on broadcast and cable ads topped $100 million, with more than two-thirds of it coming from supporters. Newsom told people to stop donating in the race’s final weeks.
Trump, who overwhelmingly lost California in his three presidential campaigns, largely stayed out of the fray. A week before the election, he urged voters in a social media post not to vote early or by mail — messaging that conflicts with that of top Republicans in the state who urged people to get their ballots in as soon as possible.
Democrats hope to pick up as many as five seats in California if voters approve the new boundaries, offsetting the five that Republicans hope to pick up through their new Texas maps. Republicans also expect to gain one seat each from new maps in Missouri and North Carolina, and potentially two more in Ohio.
Congressional district boundaries are typically redrawn every 10 years to reflect population shifts documented in the census. Mid-decade redistricting is unusual, absent a court order finding fault with the maps in place.
Five other GOP-led states are also considering new maps: Florida, Indiana, Kansas, Louisiana and Nebraska. On the Democratic side, Colorado, Illinois, Maryland, New York and Virginia have proposals to redraw maps, but major hurdles remain.
A court has ordered new boundaries be drawn in Utah, where all four House districts are represented by Republicans, but it remains to be seen if the state will approve a map that makes any of them winnable for Democrats. |
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Kimberly-Clark buying Tylenol maker Kenvue in $48.7 billion deal
Court News |
2025/11/01 06:57
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Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer health goods company.
Shareholders of Kimberly-Clark will own about 54% of the combined company. Kenvue shareholders will own about 46%.
The combined company will have a large stable of household brands under one roof, putting Kenvue’s Listerine mouthwash and Band-Aid side-by-side with Kimberly-Clark’s Cottonelle toilet paper, Huggies and Kleenex tissues. It will also generate about $32 billion in annual revenue.
Kenvue has spent a relatively brief period as an independent company, having been spun off by Johnson & Johnson two years ago. J&J first announced in late 2021 that it was splitting its consumer health division from the pharmaceutical and medical device divisions.
The deal announced Monday is among the largest corporate takeovers of the year.
Kenvue was thrust into the national spotlight last month when Health Secretary Robert F. Kennedy, Jr. reasserted the unproven link between the pain reliever Tylenol and autism, and suggested people who opposed the theory were motivated by hatred for President Donald Trump.
During a meeting with Trump and the Cabinet, Kennedy reiterated the connection, even while noting there was no medical proof to substantiate the claim.
In July Kenvue, announced that CEO Thibaut Mongon was leaving in the midst of a strategic review with the company under mounting pressure from activist investors. Board member Kirk Perry is serving as interim CEO.
“We will serve billions of consumers across every stage of life,” Kimberly-Clark Chairman and CEO Mike Hsu said in a statement.
Hsu will be chairman and CEO of the combined company. Three members of the Kenvue’s board will join Kimberly-Clark’s board at closing. The combined company will keep Kimberly-Clark’s headquarters in Irving, Texas and continue to have a significant presence in Kenvue’s locations.
The deal is expected to close in the second half of next year. It still needs approval from shareholders of both both companies.
Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing. That amounts to $21.01 per share, based on the closing price of Kimberly-Clark shares on Friday.
Kimberly-Clark and Kenvue said that they identified about $1.9 billion in cost savings that are expected in the first three years after the transaction’s closing.
Shares of Kimberly-Clark slipped more than 15% before the market open, while Kenvue’s stock jumped more than 20%.
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Man pleads not guilty to sparking deadly Palisades Fire in Los Angeles
Stock Market News |
2025/10/25 16:12
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A 29-year-old man accused of sparking the deadly Palisades Fire, one of the most destructive wildfires in California history, pleaded not guilty Thursday to federal charges.
Jonathan Rinderknecht appeared in federal court Thursday afternoon after arriving in Los Angeles from Florida earlier in the day, his attorney Steve Haney said. A judge ordered that he remain in custody ahead of his trial.
Federal officials said Rinderknecht, who lived in the area, started a small fire on New Year’s Day that smoldered underground before reigniting nearly a week later and roaring through Pacific Palisades, home to many of Los Angeles’ rich and famous.
The fire, which left 12 dead in the hillside neighborhoods across Pacific Palisades and Malibu, was one of two blazes that broke out on Jan. 7, killing more than 30 people in all and destroying over 17,000 homes and buildings while burning for days in Los Angeles County.
Haney told the judge he took issue with the fact that Rinderknecht was facing charges for the Palisades Fire when he allegedly started the smaller fire beforehand known as the Lachman Fire.
“My client is being charged with a fire that started seven days after,” he said.
Rinderknecht was staying at his sister’s house in Orlando when he was arrested by federal officials on Oct. 7. He made his first court appearance the next day in Florida on a charge of malicious destruction by means of a fire.
A week later, a grand jury indicted him on additional charges including one count of arson affecting property used in interstate commerce, and one count of timber set afire. If convicted, he would face up to 20 years in federal prison.
Rinderknecht’s trial is set for December 16.
On Thursday, he appeared before U.S. Magistrate Judge Rozella Oliver wearing a white jumpsuit. His attorney argued that he should be released on bail, based on the evaluation of court officials in Florida.
Rinderknecht has no documented history of mental health issues, drug use, or prior criminal activity, Haney said.
However, the judge in Florida who ordered Rinderknecht to be detained said he had concerns about the Rinderknecht’s mental health and his ability to get to California for future court hearings.
He appeared agitated when the judge in Los Anglees again ordered that he remain in jail, interjecting into the microphone, “Can I actually say something about detainment?”
Haney said they planned to return to the judge with additional evidence for why Rinderknecht should be released on bail.
“He’s a frustrated young man,” Haney said after the hearing. “He doesn’t know why he’s in jail right now.”
Haney said they plan to argue that even if Rinderknecht was the cause of the initial smaller fire on New Year’s Day, there were several “intervening factors” in the week between that day and when the Palisades Fire ignited, mainly the Los Angeles Fire Department.
Rinderknecht made several 911 calls to report the fire, according to a criminal complaint. Federal officials called the Palisades blaze a “holdover fire” from the Jan. 1 fire, which was not fully extinguished by firefighters, the complaint said.
The city’s interim fire chief said such fires linger in root systems and can reach depths of 15 to 20 feet (4.6 to over 6 meters), making them undetectable by thermal imaging cameras.
“They had a duty to put the fire out,” Haney said. “I do think he’s a scapegoat.”
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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