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US Congressional Watchdog to Investigate Changes at the SEC

The U.S. Government Accountability Office (GAO) will examine recent changes at the Securities and Exchange Commission, including those potentially influenced by the White House or Elon Musk's Department of Government Efficiency (DOGE), according to a letter sent to Democratic lawmakers. The GAO, Congress's nonpartisan research arm, informed Senators Elizabeth Warren and Mark Warner that it will review the SEC's recent efforts to reduce staff, terminate leases, and consolidate operations, as detailed in an April 8 letter viewed by Reuters. The lawmakers requested the investigation last month following media reports about DOGE's involvement and other significant changes at the market regulator. A. Nicole Clowers, managing director of GAO's congressional relations office, confirmed in the letter that the request "is within the scope of (GAO's) authority" and that work would commence in approximately three months. Since President Donald Trump took office and […]

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Meta’s Landmark Antitrust Trial Begins Over Instagram and WhatsApp Acquisitions

A significant antitrust trial against Meta commenced Monday in Washington, where the Federal Trade Commission (FTC) alleges the social media giant engaged in anticompetitive practices by acquiring Instagram and WhatsApp. The FTC contends that Meta, which owned Facebook, purchased Instagram in 2012 and WhatsApp in 2014 specifically to eliminate competition and establish a monopoly. Although the FTC initially reviewed and approved these acquisitions with a commitment to monitor outcomes, a victory in this case could force Meta CEO Mark Zuckerberg to divest both platforms. Meta has expressed confidence in winning the case. Experts suggest the company will likely argue that Instagram users have benefited from Meta's ownership. "The FTC's argument is that the acquisition of Instagram was a way of neutralizing this rising competitive threat to Facebook," explains Rebecca Haw Allensworth, a professor of antitrust at Vanderbilt Law School. Allensworth […]

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Hungary Prepares for Vote on Constitutional Amendment Restricting LGBTQ+ Rights and Assembly

Hungarian lawmakers are set to vote Monday on a constitutional amendment that critics view as restricting freedoms of assembly and expression while further limiting the rights of LGBTQ+ communities in the country. The amendment, almost certain to pass with the two-thirds majority held by Prime Minister Viktor Orbรกn's nationalist Fidesz party, would constitutionally prohibit public events held by LGBTQ+ communities, including Budapest's annual Pride celebration that draws thousands of participants. It would also provide a constitutional basis for denying gender identities or sexual characteristics of minority groups and allow for the suspension of citizenship for some Hungarians deemed to pose a threat to national security or sovereignty. The amendment, the 15th to Hungary's constitution since it was authored and approved by the ruling Fidesz-KDNP coalition in 2011, strengthens a law fast-tracked in March that criminalizes holding or attending events that […]

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Zamfara Governor Outlines Vision – Security, Education and Mineral Development Take Center Stage

Governor Dauda Lawal of Zamfara State has detailed his administration's focus on security improvement, educational reform, healthcare revitalization, and mineral resource development as cornerstones of his governance agenda. During a recent interview on ARISE NEWS, Governor Lawal emphasized the need for strategic prioritization: "The problems are multi-dimensional, and we have to prioritize. The first thing, like I said, is security because without security, there won't be anything. Second, fundamental is educationโ€ฆ all the solid minerals we have in Zamfara are of no benefit if we are the poorest, and (harnessing them) is exactly what we are doing right now." When questioned about the feasibility of Zamfara's โ‚ฆ500 billion budget amid economic uncertainties, Lawal expressed confidence. "We are ready to face those challenges because there's always an alternative in terms of budgetary process and execution," he stated. The governor highlighted diversification […]

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Trump Announces New Tariff Strategy for Chinese Electronics After Initial Exemption

Donald Trump has clarified that Chinese-made smartphones and other electronics will not be exempt from tariffs, explaining they are instead being moved to a different "tariff bucket." This announcement comes after European stock markets rose Monday following Friday's news that these products would avoid levies of up to 145%. China has urged Trump to "completely cancel" his tariff regime and "return to the right path of mutual respect." US officials indicated on Sunday that these products would instead face a "semiconductor tariff," with Trump expected to provide additional details later. US Commerce Secretary Howard Lutnick confirmed this new levy would supplement the global tariffs the US imposed earlier this month, which were subsequently paused for 90 days. "We need our medicines and we need semiconductors and our electronics to be built in America," Lutnick stated. A US customs notice released […]

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Top Former College Athlete Among Six Dead in New York Plane Crash

A private plane crashed in an open field in upstate New York on Saturday, resulting in the deaths of all six people on board, according to authorities. Former Massachusetts Institute of Technology (MIT) football star Karenna Groff, her parents, her brother, and two partners were among those killed, a family statement confirmed. The US National Transportation Safety Board (NTSB) reported that the family had been traveling for a holiday celebration when the crash occurred. Officials who obtained video footage of the flight's final moments stated that the aircraft appeared intact before it hit the ground at a high rate of descent. A joint family statement identified the victims as Karenna Groff, her parents Dr. Michael Groff and Dr. Joy Saini, her brother Jared Groff and his partner Alexia Couyutas Duarte, and Karenna's partner James Santoro. "They were a wonderful family," […]

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Police Track Down Man Who Vowed to “Be Responsible for Bombing” at Coachella

A Santa Monica man was arrested after threatening to bomb the Coachella Music & Arts Festival, according to the Cathedral City Police Department. Security guards at Agua Caliente Casino reported a suspicious individual on Saturday who approached them while driving a Tesla and stated he'd "be responsible for a bombing" at the festival. Police identified the vehicle's owner through DMV records and began searching for him. Law enforcement officials at Coachella were notified of the potential threat during the search. Investigators utilized Flock ALPR (Automatic License Plate Recognition) cameras to track the man's movements through the Coachella Valley. They located his vehicle in Palm Springs shortly after midnight and made the arrest. A subsequent search of his car revealed no weapons, explosives, or bomb-making materials. The suspect, identified as 40-year-old Davis Darvish of Santa Monica, was arrested and charged with […]

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Russian Missiles Kill 34 in Palm Sunday Strike on Ukrainian City of Sumy

At least 34 people were killed when Russian ballistic missiles struck the Ukrainian city of Sumy during Palm Sunday celebrations, Ukrainian officials reported. This marks the second major attack resulting in civilian casualties in just over a week. Officials stated that two ballistic missiles hit around 10:15 am. Images from the scene showed lines of black body bags alongside the road, with additional bodies wrapped in foil blankets among debris. Video footage captured fire crews battling blazes from burned vehicles amid rubble from damaged buildings. The State Emergency Service of Ukraine confirmed that two children were among the dead, with 117 people wounded, including 15 children. "Only filthy scum can act like this, taking the lives of ordinary people," Ukrainian President Volodymyr Zelensky said in a social media statement. He noted that the first strike hit university buildings, while the […]

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9-Year-Old Dies in Rural Firearm Accident

A nine-year-old boy has died from an accidental gunshot wound to the neck at a farm property in Windellama, near Goulburn in New South Wales. The incident occurred on Sunday, with paramedics unable to save the child's life despite treatment at the scene. Two relatives of the deceased have been arrested and charged with firearm-related offenses. Among those charged is a 14-year-old who faces unauthorized possession charges and has been granted bail. The other family member, an adult male, has been charged with allowing an unauthorized person to possess a firearm and failing to keep a gun safely stored. A neighbor, Ron Wenban, expressed concern about the uncommon sound of gunfire in the area. "It's rare to hear one shot here," he told the Australian Broadcasting Corporation. "To have a gunshot like that happen, that was a concern; neither of […]

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Trump Insists US Steel Must Remain American-Owned, Challenging $15B Nippon Deal

President Donald Trump reaffirmed his opposition to foreign ownership of U.S. Steel on Sunday, stating he doesn't believe a foreign company should control the iconic American manufacturer. This repeated stance further dampens prospects for Japan's Nippon Steel's $15 billion acquisition bid. Speaking to reporters aboard Air Force One while returning to Washington from Florida, Trump maintained his position first expressed last Wednesday when he said he didn't want to see U.S. Steel "go to Japan"โ€”comments" that triggered a 7% drop in the company's share price. Following Trump's initial remarks, both companies stated they were working closely with the Trump administration to "secure a significant investment." Japanese Prime Minister Shigeru Ishiba revealed that he and Trump had discussed the deal during their February meeting. "The difference between acquisition and investment must be carefully examined in light of the U.S. law, but […]

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