A group of 22 U.S. Senate Democrats on Monday introduced legislation that would require President Donald Trump's administration to fully refund within 180 days all of the revenue, with interest, collected from tariffs struck down by the U.S. Supreme Court. The legislation would require the Customs and Border Protection agency,...
Paramount Submits Higher Offer for Warner Bros Discovery in Bid to Block Netflix, Source Says
Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters on Monday, ratcheting up efforts to derail the HBO Max owner's deal with Netflix. The bidding war for one of Hollywood's most coveted assets including the "Harry Potter" and "Game of Thrones"...
Maryland Sues Trump Administration to Halt Construction of ICE Facility
Maryland Attorney General Anthony Brown said on Monday that the state had filed a lawsuit against the Trump administration to halt construction of a new federal immigration detention center in the state. The U.S. Department of Homeland Security, which has federal oversight of immigration, spent more than $100 million on...
Wall Street Ends Sharply Lower Amid AI Displacement Fears and Revived Tariff Angst
Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from Friday's U.S. Supreme Court ruling sent investors fleeing from high risk equities A broad selloff sent all three major U.S. stock indexes more than 1% lower by the closing bell, as risk appetite...
Dollar Weakens as US Tariffs Struck Down, Iran Tensions Rise
The dollar weakened on Monday as traders evaluated U.S. tariff policies after the U.S. Supreme Court on Friday struck down President Donald Trump’s tariffs, while traders also watched rising tensions with Iran, which is in talks with the United States over a nuclear treaty. The justices upheld a lower court's...
The European Union Hits Pause on Its US Trade Deal
BRUSSELS — European Union officials said Monday that they were pausing work toward implementing their trade deal with the United States, as they try to understand what President Donald Trump will do after a pivotal Supreme Court ruling. Last week, the Supreme Court struck down Trump’s sweeping tariffs, which he...
US Supreme Court to Hear Bid by Oil Companies to Toss Climate Suits
The U.S. Supreme Court has agreed to hear a bid by ExxonMobil and Suncor Energy to scuttle a lawsuit brought by officials in Boulder, Colorado that seeks to hold the oil companies liable for helping fuel climate change in a case that could affect dozens of similar lawsuits around the...
Training for New ICE Agents Is ‘Deficient’ and ‘Broken,’ Whistleblower Says
WASHINGTON — An Immigration and Customs Enforcement official who resigned this month from his job instructing new recruits plans to speak out Monday as a whistleblower, describing what he says is a “deficient, defective and broken” training program with a pared-back curriculum as the Trump administration races to expand the...
US Says It Struck Vessel in Caribbean, Killing Three Men
The U.S. military said on Monday that it struck a vessel in the Caribbean, killing three men, the latest such incident in recent months. President Donald Trump's administration has touted its success at taking out suspected drug trafficking vessels in the area. The military said in a post on X...
US Meeting Russian and Chinese Delegations for Nuclear Arms Control Talks, Official Says
The U.S. met a Russian delegation in Geneva on Monday and will meet a Chinese delegation on Tuesday for talks about forging a potential multilateral nuclear arms control treaty, a senior U.S. State Department official said. The U.S. has called for a new, broader arms control treaty that would bring...