Author: Press Room
President Donald Trump said the U.S. Supreme Court may need to decide if a Clinton-appointed judge can require the administration to reinstate thousands of probationary workers fired as the administration moves to shrink the federal workforce.”It’s a judge that’s putting himself in the position of the president of the United States, who was elected by close to 80 million votes,” Trump said aboard Air Force One on a flight back to Washington Sunday night. “That’s a very dangerous thing for our country. And I would suspect that we’re going to have to get a decision from the Supreme Court.”U.S. District…
The US has carried out new air strikes on Yemen, the Houthis’ Al Masirah TV said, expanding the biggest US military operation in the Middle East since President Donald Trump took office in January.Responding to the Iran-aligned Houthi movement’s threats to international shipping, the US launched a new wave of air strikes on Saturday. On Monday, the Red Sea port city of Hodeidah and Al Jawf governorate north of the capital Sanaa were targeted, Al Masirah said.At least 53 people have been killed in the attacks, the Houthi-run health ministry said on Sunday. Five children and two women were among…
Forever 21’s US operating company, F21 OpCo, has filed for Chapter 11 bankruptcy for the second time in six years, citing declining mall traffic and mounting competition from online retailers. While F21 OpCo operates Forever 21’s US locations and holds the brand’s license in the country, its international stores remain unaffected as they are operated by independent licensees. The filing, made in the US Bankruptcy Court in Delaware on Sunday, signals a likely liquidation of its US operations, as the company has been unable to find a buyer for its approximately 350 domestic stores.The company announced that it will conduct…
Stay informed with free updatesSimply sign up to the EU trade myFT Digest — delivered directly to your inbox.The EU is launching a probe into the aluminium market in a move to protect the bloc’s beleaguered industry from an expected surge in cheap imports displaced by Donald Trump’s tariffs.The European Commission on Wednesday will announce the probe, aimed at verifying a sudden surge in imports and targeting all trading partners, according to a document seen by the Financial Times. It will also tighten loopholes in its tariff regime on steel imports.Last week, Donald Trump placed 25 per cent tariffs on…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain’s financial watchdog will ban Crispin Odey from the sector and fine the hedge fund founder £1.8mn for a “lack of integrity” in his conduct after he faced allegations of sexual harassment and assault.Odey, who founded Odey Asset Management in 1991, “deliberately sought to frustrate OAM’s disciplinary processes into his conduct to protect his own interests”, the Financial Conduct Authority said on Monday.Odey fell from grace after the Financial Times detailed allegations of sexual harassment and assault against him over a period…
In the closing minutes of his podcast, the right-wing provocateur Dan Bongino made a promise. Joining the F.B.I. as its deputy director, he acknowledged, would require a stark change in approach after years of making his name as a pugilistic pundit.“I have to stay out of the political space because it’s the right thing to do and it’s the rules,” he said during his last episode on Friday. He added, “I’m not going there to be some partisan.”His arrival on Monday as the F.B.I.’s second in command will test that promise, cementing a major shift at the nation’s premier law…
Canada’s largest city and economic capital will be providing an update on how it will respond to U.S. President Donald Trump’s trade war. Toronto Mayor Olivia Chow, alongside members of her economic action team, will give an update on its plans at 11 a.m. eastern Monday. Global News will carry the announcement live on its website.Toronto has been actively working with federal and provincial governments to support a co-ordinated approach to address the effects of U.S. protectionism on businesses and workers, the city said in a media advisory Saturday.Trump has targeted Canada since his January inauguration, mocking the country’s leadership…
Lebanese and Syrian armies say they have been communicating to ease the brewing border tensions.Fighting has erupted along the border between Lebanon and Syria. The violence overnight and into Monday came after skirmishes over the weekend that saw three Syrian soldiers killed. Damascus has blamed the armed Lebanese group Hezbollah for the clashes, and military officials from the two countries are reported to be in communication in a bid to avert the risk of an expansion of the violence. Syrian state media, citing unnamed officials, said the Syrian army had shelled “Hezbollah gatherings that killed the Syrian soldiers” along the…
President Trump said he plans to speak to Russian President Vladimir Putin on Tuesday about ending the war in Ukraine after three years of fighting sparked by Russia’s full-scale invasion of its neighbor.”A lot of work’s been done over the weekend. We want to see if we can bring that war to an end,” Mr. Trump told journalists on board Air Force One Sunday evening. “Maybe we can. Maybe we can’t, but I think we have a very good chance.”Kremlin spokesperson Dmitry Peskov confirmed the plans Monday morning, but gave no further details.The scheduled call comes a week after delegates…
Australian researchers are calling for volunteers to take part in a ground breaking study which will help improve diagnosis, treatment and the management of anxiety.
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