Edition:
United States

Legal

Ethics lawyers to sue Trump over foreign payments

U.S. President Donald Trump speaks during the Inaugural Law Enforcement Officers and First Responders Reception in the Blue Room of the White House in Washington, U.S., January 22, 2017. REUTERS/Joshua Roberts

A group including former White House ethics attorneys will file a lawsuit on Monday accusing President Donald Trump of allowing his businesses to accept payments from foreign governments, in violation of the U.S. Constitution.  Full Article 

A trader points up at a display on the floor of the New York Stock Exchange August 20, 2012. REUTERS/Brendan McDermid/File Photo

Federal judge blocks Aetna's plan to buy rival Humana

WASHINGTON - A U.S. federal judge blocked on Monday health insurer Aetna Inc's proposed $34 billion merger with rival Humana, and Aetna said it was considering an appeal.  Full Article 

Protestors gather on the beach near the hotel where the Trans-Pacific Partnership (TPP) meeting is being held in Lahaina, Maui, Hawaii July 29, 2015. Pacific Rim officials meet in Hawaii this week for talks that could make or break an ambitious trade deal which aims to boost growth and set common standards across a dozen economies ranging from the United States to Brunei. REUTERS/Marco Garcia

Trump pulls U.S. out of Pacific trade deal, loosening Asia ties

President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday, distancing America from its Asian allies as China's influence in the region rises.  Full Article 

Recent Legal News

Wisconsin sued as teens claim unlawful conditions in youth facilities

Wisconsin was sued on Monday over conditions at two juvenile detention facilities in the state's northeast, where teenagers claimed they are routinely subject to unlawful solitary confinement, shackling and pepper spray.

Trump's new EPA transition team draws from oil industry groups

WASHINGTON U.S. President Donald Trump's administration has drawn heavily from the energy industry lobby and pro-drilling think tanks to build its landing team for the Environmental Protection Agency, according to a list of the newly introduced 10-member team seen by Reuters on Monday.

California Senate confirms Democrat Becerra as attorney general

SACRAMENTO, Calif. The California Senate on Monday confirmed U.S. Congressman Xavier Becerra as attorney general, positioning the majority-Democrat state to challenge conservative policies of new Republican President Donald Trump.

Citi units to pay $28.8 mln for giving U.S. homeowners 'runaround' -watchdog

WASHINGTON Citigroup Inc mortage units have been fined $28.8 million for keeping home borrowers in the dark about options to avoid foreclosure and making it difficult for them to apply for relief, the U.S. consumer finance watchdog said on Monday.

Ex-fund employee arrested after skipping insider trading trial

NEW YORK A former analyst at the investment fund of Dell Inc founder Michael Dell was arrested on Monday after he refused to show up for trial to face charges that he made $1.5 million engaging in insider trading.

Deutsche Bank fails to end BlackRock, Pimco mortgage debt lawsuit

A U.S. judge on Monday narrowed but refused to dismiss a lawsuit seeking to hold Deutsche Bank AG liable to investors, including dozens of portfolios from BlackRock Inc and Pacific Investment Management Co, for losses on poorly underwritten residential mortgage-backed securities.

Peabody reorganization at risk from Wyoming litigation -court paper

CHICAGO Peabody Energy Corp's plan to emerge from Chapter 11 bankruptcy faces a "material risk" that the U.S. coal producer could suffer a $1 billion revenue loss due to a disputed lease at the world's largest coal mine, according to an objection filed to its reorganization plan.

Trump Treasury nominee wants to loosen limits under Volcker rule -document

WASHINGTON Dialing back the Volcker Rule that limits banks' ability to engage in speculative investments is a top priority for President Donald Trump's nominee for U.S. Treasury secretary, Steve Mnuchin, according to a document seen by Reuters on Monday.

FTC reaches pay-for-delay settlement with Endo

WASHINGTON Endo International Plc said on Monday it has reached a proposed settlement with U.S. antitrust regulators under which it will not pay rivals to delay the introduction of generic competitors to its medications.

U.S. blocks health insurer Aetna's $34 bln Humana acquisition

A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.

Does ethics watchdog have constitutional right to sue President Trump?

The public interest group Citizens for Responsibility and Ethics in Washington, which sued President Donald Trump Monday for allegedly violating the Foreign and Domestic Emoluments Clauses of the U.S. Constitution, has dedicated more of its resources than it would like to investigating and explaining the new president’s extensive, far-flung business entanglements.