Reuters USA

Exclusive: Trump lawyer hires own attorney in classified documents probe

By Andrew Goudsward (Reuters) – A lawyer for former President Donald Trump retained an attorney to represent himself as prosecutors step up their inquiry into the handling of sensitive documents at Trump’s Florida residence, two people familiar with the matter told Reuters on Thursday. Evan Corcoran, who has represented Trump in interactions with the government …

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Dominion says Fox knew vote-rigging claims ‘total bs,’ as network defends coverage

By Helen Coster and Jack Queen (Reuters) -Fox News repeatedly broadcast lies about vote-rigging claims that it knew were “total bs,” Dominion Voting Systems, an election technology company, said in a filing made public on Thursday, as part of a $1.6 billion defamation lawsuit the media giant described as an assault on a free press. …

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Should owning index funds be grounds for judicial recusal? No, says California judge

By Alison Frankel (Reuters) – Congress overhauled disclosure rules for federal judges last April to bolster public confidence that judicial decisions haven’t been tainted by secret financial considerations. But the new law does not undermine longstanding precedent that allows judges to invest in index funds without worrying about the funds’ ownership of shares in public …

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Exclusive-First Quantum warns employees that Panama mine may close if dispute is not settled

By Valentine Hilaire (Reuters) – First Quantum Minerals Ltd has warned employees it may have to shutter operations in Panama if the government does not allow its copper exports to resume by next week, according to a memo sent to staff and seen by Reuters. A long-running contract dispute between the Canadian miner and Panama …

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Hedge funds’ short-covering of tech bets is 2nd biggest in a decade – banks

By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those trades in the first half of February as markets rallied, data from Goldman Sachs and JPMorgan & Chase prime brokerage units showed on Thursday. “The short covering in U.S. tech stocks from Jan 31st to …

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24 Republican-led states sue Biden administration over water regulations

By Clark Mindock West Virginia and 23 other Republican-led states sued the federal government on Thursday, alleging the Biden administration’s rule establishing protections for seasonal streams and wetlands under a landmark environmental law violates the U.S. Constitution and sows confusion for landowners. The lawsuit filed in North Dakota federal court seeks to stop the rule, …

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South Korea looking into bonuses at insurers, card firms – Yonhap

SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms with strong profits to help poor people, Yonhap news agency reported on Friday. The move extends a campaign of President Yoon Suk-yeol that previously targeted banks and telecoms service providers. …

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