Two House GOP committee chairs have accused Federal Trade Commission Chairperson Lina Khan of overstepping the limit of her powers and wasting taxpayer dollars in the process. Judiciary Committee Chairman Jim Jordan (R-Ohio) and House Committee on Energy and Commerce Chairwoman Cathy McMorris Rodgers (R-Wash.) sent a letter to Khan Thursday saying they were investigating … Read more
Shares of former President Donald Trump’s media company hit their highest level in six weeks on Thursday and were last up about 16% as the stock extended recent gains. Truth Social parent Trump Media & Technology Group, which is 57% owned by the Republican presidential nominee running against Vice President Kamala Harris, is up roughly 45% for the … Read more
TD Bank became the largest bank in US history to plead guilty to violating a federal law aimed at preventing money laundering, and agreed to pay $3 billion in penalties to resolve the charges, government authorities said on Thursday. TD’s plea deal includes imposition of an asset cap and other limitations to its business, authorities said. The bank has pleaded guilty … Read more
WASHINGTON — TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution’s lax practices allowed significant money laundering over multiple years. Canada-based TD Bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do so, Attorney General Merrick … Read more
Microsoft says its Outlook email service, the Teams teleconferencing app and the 365 subscription-based Office suite are all down. Downdetecor, a site that monitors online disruptions, shows that people began reporting the outages around 11 a.m. ET Thursday. The Washington state-based tech giant confirmed that it “identified a potential memory management issue which may be … Read more
WASHINGTON — WASHINGTON (AP) — Donald Trump on Thursday again complained about the federal response to natural disasters that have damaged much of the Southeast as he seeks to gain a political advantage from the tropical weather. The former president spoke at the Detroit Economic Club after holding rallies in Pennsylvania on Wednesday. Vice President … Read more
ATLANTA — Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from potentially millions of Americans who could benefit. The former president and Republican nominee made the pledge in a video released by Republicans Overseas CEO Solomon Yue. Trump was … Read more
After 40 years of owning the Minnesota Twins, the Pohlad family said Thursday it plans to sell the team. The Twins have had great triumphs on the family’s watch. With Kirby Puckett leading the way, Minnesota won World Series titles in 1987 and 1991. Since the turn of the century, the Twins have won the … Read more
Editors at The Washington Post “lost faith” in Taylor Lorenz after she branded President Joe Biden a “war criminal” in a social media post — and was “willfully misleading” when confronted about it by her bosses, according to a report. Lorenz — the controversial tech columnist who has grabbed headlines for doxing “Libs of TikTok” … Read more
Protests over the high cost of living in the French Caribbean island of Martinique have turned violent, with demonstrators setting fire to a police station, cars and roadblocks as they clashed with officers SAN JUAN, Puerto Rico — Protests over the high cost of living in the French Caribbean island of Martinique turned violent late … Read more