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Lucy Letby, the British nurse convicted last week of killing seven newborns and trying to kill six others, was sentenced on Monday to life in prison without parole, the culmination of a yearslong case that has horrified Britain and led to questions over the management culture that allowed her crimes to continue for so long. Judge James Goss handed Ms. Letby a “whole life order,” meaning she will spend the rest of her life in prison, a sentence reserved for the country’s worst offenses. She is only the fourth woman to have ever been handed the sentence. The verdicts reached last week made Ms. Letby the most prolific serial killer of children in modern British history. Judge Goss told the courtroom that Ms. Letby “acted completely contrary to the normal human instincts of nurturing and caring for babies” and that her actions caused a majority of her victims to suffer “acute pain.”
Persons: Lucy Letby, James Goss, Letby, Judge Goss, Letby “, Locations: Britain
Semi truck trailers are pictured at freight trucking company Yellow’s terminal near the Otay Mesa border crossing between the U.S. and Mexico in San Diego, California, U.S., August 7, 2023 after the company filed for bankruptcy protection. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Aug 17 (Reuters) - Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow Corp's shipment centers, attorneys said on Thursday at a U.S. bankruptcy court hearing. Yellow's attorney Allyson Smith said the Estes proposal was received while Yellow was negotiating several offers for bankruptcy financing. Apollo initially offered to fund Yellow's bankruptcy with a $142.5 million loan, but instead bowed out after Yellow received competing offers with lower fees and interest rates. The union, which represents about 22,000 Yellow employees, said the Nashville, Tennessee-based company "mismanaged" its way to bankruptcy.
Persons: Mike Blake, Allyson Smith, Estes, Smith, Craig Goldblatt, Yellow, Judge Goldblatt, Dietrich Knauth, Chris Reese, Cynthia Osterman, Alexia Garamfalvi, Jonathan Oatis Organizations: U.S, Trucking, Express, Citadel, MFN Partners, U.S . Treasury Department, Apollo Global Management, Apollo, International Brotherhood of Teamsters, Thomson Locations: Mexico, San Diego , California, U.S, Wilmington , Delaware, Nashville , Tennessee
Georgia prosecutors want Trump's RICO trial to start the day before Super Tuesday. The Georgia case — in which Trump is expected to plead not guilty — marks Trump's fourth upcoming criminal trial. If a judge green-lights Georgia prosecutors' request for a March 4 trial date, it'll throw yet another wrench into Trump's plans for the campaign trail. Smith's office also charged Trump with violating parts of the Espionage Act and willfully retaining national-defense information, among other charges, in connection to his handling of classified information. Earlier this month, Smith's office again indicted Trump with four counts, this time in connection to events surrounding the deadly January 6, 2021, Capitol riot.
Persons: It's, Trump, Donald Trump, District Attorney Fani Willis, Jack Smith's, Stormy Daniels Organizations: Republican, GOP, Service, Tuesday, Trump, District Attorney, Manhattan, Capitol Locations: Georgia, Wall, Silicon, Fulton County
(Reuters) - Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about building its own factory in Shanghai during its 2018 initial public offering, a U.S. judge has ruled. Chinese electric vehicle start-up Nio Inc. company logo is on display on its initial public offering (IPO) day at the NYSE in New York, U.S., September 12, 2018. Securities class actions rarely go to trial; those that are not dismissed typically result in settlements. When Nio disclosed the plant would not be built in March 2019, its ADS price dropped 30%, from around $10 to $7 per share, the investors said. Nio ADS were trading at around $13.50 per share on Wednesday, down about 3.9% from Tuesday’s closing price.The case is In re: NIO, Inc., Securities Litigation, U.S. District Court, Eastern District of New York, No.
Persons: Brendan McDermid, Nicholas Garaufis, Morgan Stanley, Goldman Sachs, Nio Organizations: Reuters, Nio Inc, NYSE, REUTERS, underwriters, U.S, Securities, Inc, Securities Litigation, Court, Eastern District of Locations: Shanghai, U.S, New York, Nio, Eastern District, Eastern District of New York
Special counsel Jack Smith's second indictment against Trump alleges he unlawfully tried to overturn his election loss to President Joe Biden in the 2020 election. One day earlier, a former business partner of Hunter Biden testified that the younger Biden put his father on the phone during business meetings about 20 times, according to U.S. House members. Numerous GOP lawmakers and other supporters of Trump were quick to link the timing of Archer's testimony to Smith's indictment. White House spokesman Ian Sams posted that Archer "appears to have actually testified that President Biden wasn't involved and didn't discuss their business dealings. As they did following his first federal indictment in June, Trump's defenders attacked Smith and questioned his credibility.
Persons: Kevin McCarthy, Giorgia Meloni, Donald Trump's, Biden, Jack Smith's, Trump, Joe Biden, Hunter Biden, Devon Archer, Dan Goldman, niceties, Hunter, Goldman, " McCarthy, Steve Scalise, Elise Stefanik, Joe Biden's, White, Ian Sams, Archer, Biden wasn't, didn't, Republicans –, , Hunter Biden's, Trump's, Smith, Jack Smith, Marjorie Taylor Greene, Byron Donalds, General Merrick Garland, Donald Trump Organizations: Republican, Italian, House, GOP, Department, Justice Department, New York, Republicans, Department of Injustice, Trump, Washington , D.C, DOJ Locations: California, Washington ,, United States, U.S, America, New, Washington, Manhattan
A federal judge said the SEC has plausible reason to see Terraform's crypto as a security. This goes against another judge's decision last month that said XRP was not a security in some cases. The separate findings complicate the regulatory outlook for the crypto industry. Last month's finding in the Ripple case was followed by a rally throughout the crypto industry, as investors celebrated some clarity over the nature of digital tokens. This opposing legal view adds new confusion for crypto investors and further uncertainty concerning other SEC lawsuits.
Persons: XRP, Jed Rakoff, Kwon, Rakoff, Analisa Torres, Binance, Gary Gensler Organizations: SEC, Service, US, Securities and Exchange Commission, Bloomberg Locations: Wall, Silicon
[1/2] David Williams, one of four suspects arrested in an FBI sting operation, is escorted out of FBI offices in New York in this May 21, 2009 file photo. The men to be released are: Onta Williams, David Williams and Laguerra Payen, who were three of what became known as the "Newburgh Four." But Judge McMahon wrote that Cromitie was a small-time "grifter" who was broke and unemployed when he was enlisted in the FBI driven plot, who provided fake bombs to plant in exchange for $250,000 in the "jihadist mission." Cromitie enlisted the other three men to serve as lookouts, the judge wrote. The FBI invented the conspiracy," McMahon wrote.
Persons: David Williams, Onta Williams, Laguerra Payen, James Cromitie, Colleen McMahon, Cromitie, Judge McMahon, McMahon, Rich McKay, Michael Perry Organizations: Chip, New, FBI, Reuters, U.S, Thomson Locations: New York, New York City, Newburgh, Atlanta
Affirmative Action in Contracting Faces Legal Peril
  + stars: | 2023-07-26 | by ( Judge Glock | ) www.wsj.com   time to read: 1 min
Wonder Land: Democrats said decades ago they alone would run policies for black Americans. Now comes the reckoning. Images: AP/Getty Images Composite: Mark KellyIn Students for Fair Admissions v. Harvard, the Supreme Court held that “racial balancing” was “patently unconstitutional,” and that affirmative action has to have a “logical end point.” There’s been a lot of commentary about how that will apply to employment law but less about another program of racial discrimination: favoritism to racial minorities in government contracts.
Persons: Mark Kelly, ” There’s Organizations: Harvard
Judge Nicholas Garaufis denied the defendant's request for bail, deeming Chang a flight risk. the judge asked Chang's lawyer, Adam Ford. Hinting at his future defense, Chang's lawyer stated that although his client's signature is on the loan documents, it doesn't indicate he knew about the fraud. Judge Garaufis responded "I'm asking because I understand you have a master's degree from the University of London." Chang's lawyer stated that given the significance of the proceedings, it would be helpful for his client to have an interpreter.
Persons: Manuel Chang, Chang, Judge Nicholas Garaufis, Adam Ford, Ford, Hiral Mehta, Garaufis, Chang's, Judge Garaufis Organizations: Credit Suisse, UN, Prosecutors, Three Credit Suisse, University of London Locations: Brooklyn, South Africa, Mozambique, Manhattan, United States, Portuguese
Phillip alleged Barclays owed her a duty to ignore her instructions if the bank had reasonable grounds to suspect she was being defrauded. "Where the customer has authorised and instructed the bank to make a payment, the bank must carry out the instruction promptly," he said. "It is not for the bank to concern itself with the wisdom or risks of its customer's payment decisions." James Levy, a partner at law firm Ashurst, said the onus was on customers to ensure payment instructions were bona fide. The Supreme Court, however, allowed Philipp to pursue an alternative case against Barclays on the grounds that the bank breached its duty by failing to take adequate steps to recover the money transferred to the UAE.
Persons: Fiona Philipp, Phillip, George Leggatt, James Levy, Ashurst, Philipp, Sam Tobin, Kirstin Ridley, Louise Heavens, Barbara Lewis, Jane Merriman Organizations: Barclays, Wednesday, Court, United Arab Emirates, Payment Systems, Financial Services, UAE, Thomson Locations: fraudsters, UAE
Economists polled by Reuters expect the consumer price index to have risen by 3.1% in June, after May's 4% rise. The core rate is expected to have dropped for a third straight month to 5% from 5.3%. ING economists think the core rate would need to come in well below the forecast for a July rate hike to look doubtful. Markets are pricing in a 92.4% chance of a 25 bps hike in July, CME FedWatch tool showed. Elsewhere, the spotlight will also be on the Bank of Canada's policy decision, with the central bank likely heading toward a second consecutive quarter-point interest rate hike.
Persons: Ankur Banerjee, it's, Muralikumar Organizations: Ankur, Federal, Reuters, ING, Microsoft, Activision, Sony, Bank of, Reuters Graphics Reuters, Thomson Locations: Asia, Pacific, Japan, U.S, British, Spain, Portugal, Singapore
Morning Bid: Dollar swoons in upbeat inflation vigil
  + stars: | 2023-07-12 | by ( ) www.reuters.com   time to read: +4 min
A look at the day ahead in U.S. and global markets from Mike DolanWorld markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar (.DXY) slide to two-month lows that's revved-up yen and sterling gains. And June's CPI readout should be a marker if the consensus forecast for almost a full percentage-point drop in the headline inflation rate to two year lows of just 3.1% is borne out. Still, encouraged by a screed of other positive disinflation signals this week, U.S. markets are relatively buoyant going into the release and still feel the end of the Fed rate rise campaign is nigh. UK bank stocks pushed higher on the rates view and a relatively clean bill of health from Wednesday's financial stability report from the BOE. The Reserve Bank of New Zealand paused its long-running rate rise campaign early on Tuesday.
Persons: Mike Dolan, BOE, Thomas Barkin, Raphael Bostic, Neel Kashkari, Loretta Mester, Joe Biden, Nick Macfie Organizations: Federal Reserve, Fed, yearend, Treasury, Bank of Japan, Bank of, recoiling, Reserve Bank of New Zealand, Bank of Canada, Japan's Nikkei, Microsoft, Activision, Richmond Federal, Atlanta Fed, Minneapolis Fed, Cleveland Fed, NATO, . Treasury, Reuters, Reuters Graphics, Thomson Locations: U.S, Asia, Shanghai, Hong Kong, British, Vilnius
Activision shares surged 10% on the day, as the U.S. and Britain have been the two countries opposed to what would be Microsoft's biggest deal ever and the largest transaction in the videogame industry's history. Microsoft shares rose 64 cents to $332.47. Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games characters in this illustration taken January 18, 2022. "It does seem like the Microsoft and the CMA could work out a deal within the next couple of weeks," said D.A. The FTC's complaint had cited concerns about loss of competition in console gaming, as well as subscriptions and cloud gaming.
Persons: Jacqueline Scott Corley, , Joost Van Dreunen, University's, Corley, Douglas Farrar, we'll, Dado Ruvic, Biden, Brad Smith, Franco Granda, Satya Nadella, Diane Bartz, David Shepardson, Jaspreet Singh, Aditya Soni, Chris Sanders, Caitlin Webber, Matthew Lewis David Gregorio, Muralikumar Organizations: Activision, Microsoft, Biden, U.S, Markets Authority, University's Stern School of Business, U.S . Federal Trade Commission, Nintendo, Sony Group, FTC, Sony PlayStation, REUTERS, FOCUS Gaming, CMA, Davidson &, PlayStation, Thomson Locations: WASHINGTON, U.S, British, Britain, San Francisco, New, Washington, Bengaluru
She gave the FTC until Friday to seek an order in the San Francisco-based 9th U.S. The FTC had no immediate comment on whether it would appeal and what arguments it might make before a three-judge panel. "The FTC may have difficulty on appeal establishing that fact - without which the case as they framed it goes away," Crane said. In her 53-page order, Corley said it was not enough for the FTC to argue that "a merger might lessen competition - the FTC must show the merger will probably substantially lessen competition." A trial before an administrative law judge at the FTC begins on Aug. 2.
Persons: Jacqueline Scott Corley, Corley, Daniel Crane, Crane, Luke Hasskamp, Robert Lande, Joseph Alioto, Alioto, Mike Scarcella, Matthew Lewis Organizations: U.S . Federal Trade Commission, Microsoft, Activision, Circuit, Appeals, FTC, University of Michigan Law School, University of Baltimore, Thomson Locations: U.S, San Francisco, Washington
Trump and one of his aides want to delay the classified documents trial until after the 2024 election. Their defense argues that the former president and Walt Nauta could not get a fair trial before then. Holding a trial before the election would undoubtably affect the election itself, they argue. The defense gives no alternative date, but their opposition to any trial before the 2024 election is resoundingly clear. As Politico reported, delaying the trial beyond the election could allow Trump powers to thwart the case if he were to return to the White House.
Persons: Trump, Walt Nauta, Donald Trump, Jack Smith's, Smith's, Smith, Aileen Cannon, Blanche, Kise, Todd Blanche, Christopher Kise, Storm Daniels, Lettia James, James Organizations: White, Service, Trump, Politico, Iowa Republican, New York Locations: Wall, Silicon, United States, Iowa, New York
With the first fight in federal court in California wrapped up, the agency and companies have decisions to make about what comes next. * Or the agency may choose to challenge Corley's ruling in a federal appeals court. An administrative law judge at the FTC is scheduled to hear arguments about the deal in August. The next stop after that would be a federal appeals court. * If the FTC wins, the companies can appeal to the commission to overturn the decision and, if needed, take the case to a federal appeals court.
Persons: Jacqueline Scott Corley, Corley's, Michael Chappell, Lina Khan, Chappell, Khan, Diane Bartz, Matthew Lewis, David Gregorio Our Organizations: Microsoft, Activision, U.S . Federal Trade Commission, Meta, FTC, Thomson Locations: California, Illumina's, Washington
CNN —A New York judge has ordered Steve Bannon to pay his former attorneys nearly $500,000 in unpaid legal fees for work on various legal matters, including his fight against a subpoena by the congressional committee investigating the January 6, 2021, US Capitol attack. In a six-page order issued Friday, Judge Arlene Bluth ordered Bannon to pay $480,487.87 in unpaid bills as well as “reasonable legal fees” to his former lawyers who brought the lawsuit. “Defendant cannot receive the benefit of plaintiff’s legal representation and then insist he need not pay for it. An attorney representing Bannon in the litigation over past legal fees did not immediately respond to a request for comment. Bannon was convicted at trial of contempt of Congress for failing to respond to the subpoena and is appealing.
Persons: Steve Bannon, Davidoff Hutcher, Citron, Bannon, Arlene Bluth, , Bannon “, , Donald Trump Organizations: CNN, US, Southern, of, Manhattan Locations: York, of New York
A Trump-appointed judge sentenced a Jan. 6 rioter to two years probation and 60 days of house arrest. Taylor Bensch pleaded guilty to disorderly conduct and theft of government property as part of a plea deal. According to NBC, Bensch told the FBI that "B-Squad" members trained in hand-to-hand combat and learned to handle firearms. Bensch was tearful in court on Friday and did not speak, deferring to his attorney Peter Cooper, according to NBC. "I know what I did was horrendous," Bensch told investigators, according to court records.
Persons: Trump, Taylor Bensch, Bensch, Trevor McFadden, Tyler Bensch, Donald Trump, McFadden, Peter Cooper, Cooper Organizations: Service, US, NBC, Police, Department of Justice, Southern Poverty Law, FBI, Capitol, Justice Department Locations: Wall, Silicon
The signs will be installed in stores between July 1 and September 30, and must be displayed until June 30, 2025. An example of a corrective sign shows a large asterisk icon with the statement, “Smoking kills, on average, 1,200 Americans. The content of the corrective statements was finalized in 2017 and then began to run in different media forms. R.J. Reynolds said these corrective statement signs appear on its website and had previously appeared in newspapers, television, radio and on pack inserts. “The tobacco industry has evolved considerably since this lawsuit was filed nearly 25 years ago, back in 1999,” a spokesperson said.
Persons: Phillip Morris, RJ Reynolds, , Gladys Kessler’s, , ” Kessler, Altria, R.J, Reynolds, vaping Organizations: New, New York CNN, Big Tobacco, ITG Brands, U.S . Department of Justice, , Reynolds American Inc Locations: New York, America, Spanish
The deal had been announced in January 2022 and the FTC sued to stop it in December last year. Judge Jacqueline Scott Corley in San Francisco pressed FTC lawyers on where their economist got the data to show the deal would harm consumers. The FTC has said that if Microsoft bought Activision, Microsoft would have the incentive and the ability to harm competition in markets related to consoles, subscription game services and cloud gaming. "The harm here is we think is substantial in locking up Activision content," said FTC lawyer James Weingarten. To address the FTC concerns, Microsoft has agreed to license "Call of Duty" to rivals.
Persons: Microsoft Corporation Satya Nadella, Read, Microsoft's, Jacqueline Scott Corley, James Weingarten, Corley, Microsoft's Beth Wilkinson, it's, Satya Nadella, Nadella, Biden, Diane Bartz, Lincoln Organizations: Microsoft Corporation, . Federal Trade Commission, Microsoft, Activision Blizzard, U.S . Federal Trade, Activision, Federal Trade Commission, Nintendo, Sony Group, FTC, PlayStation, Thomson Locations: California, Downtown San Francisco , California, U.S, WASHINGTON, San Francisco, British, Canada
The Republican-led state is currently enforcing a near-total abortion ban, with exceptions for rape, incest or the life of the mother. MONTANA: Governor Greg Gianforte in May signed into law several bills limiting abortion access, including one that aims to overturn a 1999 state Supreme Court ruling that found the state constitution protected a right to abortion. TEXAS: While abortion is completely banned with very limited exceptions in Texas, Republican state representatives have introduced legislation that would compel internet providers to block websites that supply abortion pills or provide information on how to obtain an abortion. UTAH: Republican Governor Spencer Cox in March signed legislation to prohibit the licensing of abortion clinics, which abortion rights advocates say would effectively eliminate access in the state. In April, he also signed into law a bill to shield abortion providers and patients from other states' legal attacks.
Persons: Sam Wolfe, Roe, Wade, Ron DeSantis, Brad Little, Greg Gianforte, Jim Pillen, Roy Cooper's, Doug Burgum, Henry McMaster, Spencer Cox, Mark Gordon, Gretchen Whitmer, J.B, Pritzker, Tim Walz, Gabriella Borter, Sharon Bernstein, Julia Harte, Colleen Jenkins, Alistair Bell Organizations: Carolina House, REUTERS, U.S, Supreme, Republican, NORTH, Democratic, SOUTH, South Carolina Supreme Court, Senate, Minnesota, Thomson Locations: Columbia , South Carolina, U.S, FLORIDA, . IDAHO, MONTANA, . NEBRASKA, NORTH CAROLINA, North Carolina, NORTH DAKOTA, North Dakota, SOUTH CAROLINA, Carolina, TEXAS, Texas, UTAH, Utah . WYOMING, CALIFORNIA, MICHIGAN, ILLINOIS, MINNESOTA, OHIO, Washington, Sacramento , California, New York
A federal judge is blocking enforcement of Florida's new law on drag shows. The judge ruled the language is overly vague and threatens free speech. Ron DeSantis signed into law a bill, SB 1438, that he said was designed to protect children from sexually explicit drag shows. The drag law, by contrast, "is specifically designed to suppress the speech of drag queen performers," Presnell wrote, pointing to a bill sponsor's claim that the law would put an end to "Drag Queen Story Time," which entails no sexually explicit content. Presnell's ruling marks the third time this month that a judge has struck down portions of DeSantis' anti-LGBTQ agenda.
Persons: , Ron DeSantis, Judge Gregory A, Presnell, Bill Clinton, DeSantis, Jeremy Redfern, Brandon Wolf, Walt, Robert Hinkle, Clinton, Nikki Fried Organizations: Service, Florida, Florida Gov, Court, Middle, Department of Business, Miami Herald, Walt Disney World, Democratic Party of Locations: Florida, Orlando, Hamburger, Middle District, Democratic Party of Florida
The lawyers said in the filing that the $725 million settlement is the largest data-privacy recovery in history and the largest private settlement Facebook has ever agreed to. Meta and an outside lawyer for the company from Gibson, Dunn & Crutcher did not immediately respond to requests for comment on the fee request on Thursday. While a 25% fee amounts to $181,250,000, the fees paid from the settlement fund would be about $180,449,782, the lawyers wrote. The company and its outside law firm, Gibson Dunn, already paid about $800,217 in sanctions, which can be deducted from the total fees, they wrote. The company did not admit wrongdoing as part of the settlement, which the judge granted preliminary approval of in March.
Persons: Keller Rohrback, Fonti, Auld, Derek Loeser, Lesley Weaver, Bleichmar Fonti, Dunn, Crutcher, Gibson Dunn, Vince Chhabria, Meta, Read, Sara Merken, Leigh Jones Organizations: San, Facebook, Meta, Gibson, U.S, Cambridge, Thomson Locations: San Francisco federal
CNN —Former Brazilian President Jair Bolsonaro’s trial on charges of abuse of political power and misuse of public media began in the country’s highest electoral court on Thursday in Brasilia. If found guilty, Bolsonaro could be ruled ineligible to run for public office for up to eight years. Such claims of flaws in the electoral system have all been denied by Brazil’s electoral authorities. The livestream of the 2022 meeting, which was once available through official channels, was taken down by YouTube for not complying with its fake news policy. Bolsonaro lost last year’s election by the narrowest margin in decades against current President Luiz Inácio Lula da Silva.
Persons: Jair Bolsonaro’s, Bolsonaro, Benedito Gonçalves, , Judge Gonçalves, Walter Braga Netto, Luiz Inácio Lula da Silva Organizations: CNN, Former, CNN Brasil, Federal Police, YouTube, Brazil’s Democratic Labor Party Locations: Brasilia ., Brasilia
Hunter Biden's criminal plea deal still needs approval from a judge — which isn't guaranteed. The plea deal, however, still must be approved by a judge. Most plea deals skate through court without any problems, but judges do occasionally reject plea deals in high-profile cases. With a plea deal, prosecutors bind themselves to recommend a particular sentence. It's unusual for a judge to reject a plea deal if the sentencing recommendations are too harsh.
Persons: Hunter, Biden, , Hunter Biden isn't, Delaware —, Donald Trump —, Hunter Biden, Joe Biden, Ahmaud, Sarah Krissoff, Pitney, it's, Neama Rahmani, Rahmani, Jill Biden, Ashley Biden, Patrick Semansky, Krissoff, aren't, It's, Department's, David Weiss, Susan Walsh, Randy Zelin, Wilk Auslander, Zelin, He's, he's Organizations: Prosecutors, Service, Department, Washington Post, Pitney LLP, United States, West, AP, Republicans, Congress, Justice Department, Wilk, US, Biden Locations: Delaware, Manhattan, Ukrainian, Ukraine
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