(Reuters) -President Donald Trump’s administration on Monday asked a federal court to throw out a regulation capping credit card late fees at $8, saying it agreed with business and banking groups that alleged in a lawsuit that the rule was illegal. The filing in federal court in Texas by the...
A Palestinian Activist Expecting a US Citizenship Interview Is Arrested Instead by ICE
A Palestinian man who led protests against the war in Gaza as a student at Columbia University was arrested Monday at a Vermont immigration office where he expected to be interviewed about finalizing his U.S. citizenship, his attorneys said. Mohsen Mahdawi, a legal permanent resident who has held a green...
Judge Orders Bank of America to Pay $540 Million in FDIC Lawsuit
(Reuters) - A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance. In a decision made public on Monday, U.S. District Judge Loren AliKhan in Washington, D.C., said...
Will Your Fresno Street Get Repaved This Year?
The city of Fresno is kicking off one of its biggest-ever efforts to improve local roads. This year’s paving season will deliver 50 miles of improved roadways through a combination of neighborhood paving, major street overlays, capital infrastructure projects, and preventative slurry seal work. Here are some of the highlights...
Hertz Says Hackers Stole Its Customer Data
(Reuters) - Rental car firm Hertz Global said on Monday some of its users' data was stolen in a breach involving one of its vendors. Hertz said the incident may have resulted in personal data being impacted. The company said Cleo Communications, a vendor that provides file transfer services, experienced...
What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?
Whether it be housing or commercial real estate, economic slowdowns stifled growth in Fresno County in 2024. But after years of declines, experts expect a turnaround soon. The Fresno County Economic Development Corporation brought out a panel of experts to discuss housing construction and sales, major commercial real estate purchases,...
Jamie Dimon Sells About $31.5 Million Worth of JPMorgan Shares
(Reuters) - JPMorgan Chase & Co CEO Jamie Dimon has sold about $31.5 million worth of the bank's shares, according to a regulatory filing. Dimon had also offloaded some shares last year in his first such sale since taking over the top role in 2005. JPMorgan, the largest U.S. lender,...
Harvard Says It Will Not Comply With Trump Administration’s Demands
Harvard University said Monday that it had rejected policy changes requested by the Trump administration, becoming the first university to directly refuse to comply with the administration’s demands and setting up a showdown between the federal government and the nation’s wealthiest university. Other universities have pushed back against the Trump...
US Begins Probes Into Pharmaceutical, Chip Imports, Setting Stage for Tariffs
(Reuters) - The Trump administration is kicking off investigations into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on national security grounds, notices posted to the Federal Register on Monday showed. The filings set to be published on Wednesday set a 21-day...
Trump Administration Cancels $3 Billion Climate-Friendly Farming Program
WASHINGTON (Reuters) - The U.S. Department of Agriculture on Monday said it had canceled a $3 billion program for climate-smart farming projects after a review found it did not align with the priorities of the Trump administration. President Donald Trump has attempted to slash other climate efforts approved during the...