We're also tracking news out of the Federal Trade Commission, which says Amazon has agreed to pay $2.5% billion dollars to settle a lawsuit over what the FDC says were deceptive methods to sign people up for Prime subscriptions and make it difficult for them to cancel. Christine Romans is here. And Christine, the settlement comes as a bit of a surprise.>> Yeah, Tom, you know, opening arguments were just this past Tuesday in a case filed against Amazon during the Biden administration. But in that surprise mo ...

The former co-head of global private finance at Barings failed to block his ex-employer’s £6.3 million ($8.5 million) lawsuit that alleged he plotted a mass defection of the firm’s credit staff the day after their bonuses were paid https://t.co/rAi0sQzHJ2 ...

So, the first lady of France is doing something that may sound surprising. She and her attorneys are planning to try to prove that she is a woman. Stay with us here.Bridget uh Bridget Mcronone, wife of the French president, Emanuel Mcronone, now says she is going to present scientific and photo evidence in court to prove her sex. This is part of the couple's court case here in the US as they're suing the woman on the right side of your screen, conservative commentator Candace Owens, for saying on her platfo ...

Trump Bid to Fire Cook Before Fed Rates Meeting Blocked by Court, Trump Files $15 Billion Lawsuit Against New York Times and Miran Wins Fed Post Confirmation. Get all the news you need to start your day on the Bloomberg Daybreak podcast. https://t.co/OEech1pZjM ...

A US appeals court blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook from her post while her lawsuit challenging the dismissal proceeds. https://t.co/wWekVRqb6n ...

Core Viewpoint - Festi is facing a lawsuit from Bergorka ehf. regarding alleged violations related to wholesale fuel offers dating back to December 2018 [1][2] Group 1: Allegations and Legal Proceedings - Bergorka claims that Festi refused to provide wholesale fuel offers, failed to respond to requests, and made non-compliant offers as per the settlement agreement with the Icelandic Competition Authority dated July 30, 2018 [1] - The lawsuit does not specify a compensation amount and is set to be heard in the District Court of Reykjanes on September 10, 2025 [2] Group 2: Company Response - Festi assesses the lawsuit as unfounded and has engaged legal counsel to defend against the claims [2]

RT Hayden Adams 🦄 (@haydenzadams)We have united the solana and ethereum worlds around a common cause to say....Fuck @BancorUniswap was built on basic arithmetic: the formula x*y=kTheir nonsense lawsuit against us claims a patent on using first grade level math to price tokens on a blockchainThanks @fund_defi @SolanaInstitute @UniswapFND for the great legal work 🤝 ...

Legal & Political Developments - A federal court hearing is scheduled regarding Fed Governor Lisa Cook's lawsuit against the president over his attempt to remove her from office [1] - The Department of Justice argues the president has broad discretion to fire Federal Reserve Board members "for cause" [2] - Lisa Cook is seeking an injunction to halt the president's effort to fire her while her lawsuit proceeds [2] - Lisa Cook's attorney claims allegations against her are a smear campaign [2] - The court's decision on the injunction will significantly impact Lisa Cook's ability to retain her office and access data [2][3] - The legal battle could take months and potentially reach the Supreme Court [2] Federal Reserve Stance - The Federal Reserve is not taking a position on the case, seeking a speedy decision from the court [1][2] - The Fed's stance is interpreted as uncertainty regarding Lisa Cook's status as a board member [2] - A restraining order would give the Fed more leeway to allow Lisa Cook to continue her duties until the lawsuit is adjudicated [3][4] Allegations Against Lisa Cook - Allegations of mortgage fraud have been made against Lisa Cook, including a third property at issue [2] - Lisa Cook's attorney dismisses the allegations as unsubstantiated and irrelevant to her role at the Federal Reserve [2]

Legal & Regulatory Landscape - A hearing regarding Cook's dismissal lawsuit is scheduled for tomorrow at 10:00 a m at DC district court [1] - The court is expected to rule quickly on a temporary injunction regarding Cook's status [2] - The lawsuit argues that the dismissal was not for cause and questions the president's authority to arbitrarily dismiss a Federal Reserve governor [8] - The lawsuit alleges a concerted effort by the president to take control of the Federal Reserve, citing instances of pressure on Powell for lower interest rates [11] Key Arguments & Allegations - FHFA head Bill Py highlights that Cook does not deny the mortgage documents in her filing [4] - Cook's response includes a denial of wrongdoing, stating "if she did them, dash, which she did not" regarding the allegations [7] - The lawsuit points out that Cook was allegedly denied a hearing or discussion regarding the matter [9] - There are questions raised about whether Cook was given a hearing or asked for her side of the story by the president or Py [10] Potential Implications - The situation raises concerns about the integrity of the Federal Reserve and the safety and soundness of the US mortgage market [4] - The case could set a precedent for the treatment of Federal Reserve governors versus other officials fired by the president [2]

💥BREAKING:🇺🇸 Judge sets Friday hearing as FED Governor Cook sues Trump in a case likely bound for the Supreme Court. https://t.co/w02B5oZOR2 ...