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Bill Ackman SPAC Sued, Plaintiffs Say Directors Were Promised ‘Staggering Compensation'
The plaintiffs — former SEC commissioner Robert Jackson and Yale law professor John Morley — claim that Ackman’s SPAC is an investment company.
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Judge Gives Trump Time to Challenge Tax Return Disclosure to Congress
Neither Trump nor his lawyers have said if they will challenge Friday’s order.
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How a Walmart Worker With Down Syndrome — and Her Sister — Fought and Beat the Giant Retailer After Getting Fired
The former Walmart employee’s sister says she hasn’t stopped fighting and wants to make sure no other employees with disabilities wrongfully lose their jobs.
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Jeffrey Epstein Friend Ghislaine Maxwell Faces New Charges in Sex Crimes Case
Ghislaine Maxwell is awaiting trial on charges that she recruited underage girls to be sexually abused by the late sex criminal Jeffrey Epstein.
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Biden and Israel Leader Netanyahu Talk for First Time Since Inauguration
The call between President Joe Biden and Israel leader Benjamin Netanyahu “was very warm and friendly” Netanyahu’s statement said.
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Lincoln Project Backers Consider Cutting Off Donations After Misconduct Allegations as Co-Founder Steve Schmidt Quits Board
Wealthy donors to the anti-Trump group The Lincoln Project are waiting to see what a probe says about how leaders handled a co-founder’s alleged sexual misconduct.
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Amazon Sues New York Attorney General to Block Regulation on Its Pandemic Response
Amazon sued New York Attorney General Letitia James on Friday, preempting an allegedly threatened lawsuit from her office.
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After Inciting Riot, Trump Now Promises Peaceful Transfer of Power
Trump’s statement came minutes after Congress formally confirmed the election of Joe Biden as president.
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Chris Christie Tells Trump to End Election Lawsuits, Calls His Legal Team ‘National Embarrassment'
Christie described Trump’s legal team as a “national embarrassment” and Powell’s explosive claims as “outrageous conduct.”
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Jeffrey Epstein's Estate Offers Compensation Fund for His Sex Abuse Victims
The executors of the estate of the late accused child sex trafficker Jeffrey Epstein on Thursday asked a judge in the U.S. Virgin Islands for approval to set up a voluntary compensation program for victims of the wealthy financier. The proposed program would be lead by claims experts including Kenneth Feinberg, who oversaw the U.S. government’s compensation fund for victims...
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FBI Releases Files on President Trump's Late Lawyer, Roy Cohn
The FBI on Friday released nearly 750 pages of documents from the bureau’s file on the the late Roy Cohn, the controversial, hyper-aggressive lawyer whose high-profile clients included President Donald Trump when Trump was a fledgling real estate mogul in New York City. “Where’s my Roy Cohn?” Trump has been quoted lamenting when he was faced with political and legal...
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Bernard Madoff Asks Trump to Reduce His Prison Sentence for Massive Ponzi Scheme
Notorious Ponzi schemer Bernard Madoff has filed a petition with the Justice Department asking that President Donald Trump reduce his 150-year prison sentence. Madoff, 81, currently is serving that sentence in a federal prison in Butner, North Carolina, for orchestrating the largest Ponzi scheme in history. His decades-long scam conducted while heading Bernard L. Madoff Investment Securities in New York...
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Donald Trump Sexually Assaulted E. Jean Carroll in the Mid-1990s, Writer Says in New Book
The writer E. Jean Carroll says in a new book that President Donald Trump sexually assaulted her in a dressing room of the Bergdorf Goodman store in New York City in the mid-1990s. A description of the alleged attack was excerpted by New York magazine in an article published Friday. The White House did not return CNBC’s request for comment,...
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Wilbur Ross Says Unpaid Federal Workers Shouldn't Need Food Banks, They Can Just Get a Loan
Hundreds of thousands of federal government workers, from the Coast Guard to the National Weather Service, face another payday with out pay on Friday, and Commerce Secretary Wilbur Ross suggests they get a loan to cover it. On CNBC’s Squawk Box on Thursday, Ross acknowledged he had heard that some federal workers affected by the prolonged shutdown have been going...