us department of justice

Stocks of several Adani Group firms, including Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas, rose by as much as 3.5% after the case was effectively closed the securities and wire alleged fraud case in New York.

The Department of Justice has subpoenaed Google, Apple, and Amazon for data on over 100,000 users of EZ Lynk's Auto Agent app. This action is part of a lawsuit alleging EZ Lynk sold "defeat devices" to disable vehicle emissions controls. Privacy advocates are concerned the broad requests exceed the case's needs and could impact user data protections.

US authorities are reportedly moving to end fraud cases against Gautam Adani, with the Department of Justice potentially dropping criminal charges and the SEC nearing a settlement in its civil case. This development could offer a significant legal reprieve for the billionaire and the Adani Group, which has been facing regulatory scrutiny.

The Trump administration has rolled out the 'AntiWeaponisation Fund', a staggering $1.8 billion initiative aimed at reconciling claims from allies of the former president, who contend they have faced unjust scrutiny from the Justice Department. This fund is a direct result of Trump’s decision to drop his extensive $10 billion lawsuit against the IRS, signaling a shift in strategy.

Amidst escalating US-Cuba tensions, the USS Nimitz strike group has entered the Caribbean. This follows President Trump's intensified rhetoric and a recent indictment of former Cuban President Raul Castro. The US is increasing pressure on Havana, citing economic hardship and past incidents, though Trump downplays fears of direct military action.

Adani Enterprises has agreed to a $275 million settlement with the US Treasury over alleged violations of sanctions involving Iran. The company reportedly purchased liquefied petroleum gas from a Dubai trader that was actually sourced from Iran. This settlement occurs alongside other legal proceedings involving Gautam Adani in the US.

Karnataka's Upalokayukta Justice B Veerappa has declared the state ranks fifth nationally for corruption, with graft "overflowing in every department." He revealed 1,281 corruption cases across 16 districts, warning of grave danger if the menace isn't curbed. Veerappa urged officials to serve honestly, emphasizing the Constitution's promise of equal opportunity.

The US Justice Department accused Yale University of illegally considering race in its medical school admissions, citing data showing Black and Hispanic applicants had significantly higher chances than white and Asian applicants with similar credentials. This action escalates the Trump administration's crackdown on affirmative action, following a Supreme Court ruling that effectively ended such practices in college admissions.

Venezuela's interim President Delcy Rodríguez is set to visit India next week for oil sales discussions, as the US aims to bolster energy ties with New Delhi. US Secretary of State Marco Rubio highlighted India as a key partner, expressing readiness to increase energy exports. This comes as Venezuela, possessing vast oil reserves, seeks to diversify its energy market.