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UN supports world court climate opinion, U.S. is among few who oppose
The United Nations General Assembly voted on Wednesday, 141-8, to support a 'world court opinion' that states have a legal duty to address climate change. UN Secretary General Antonio Guterres stated that the vote in which 28 countries abstained underscored the fact that governments must protect citizens from an "escalating crisis of climate change." He said that he welcomed the adoption of a resolution by the General Assembly on the ICJ advisory opinion on Climate Change. It was a powerful affirmation of international law, climate justice and science, as well as the responsibility of governments to protect their citizens from the escalating crisis. The resolution brought forward by Vanuatu affirms a July 20, 2025 advisory opinion of the 'International Court of Justice' (ICJ), that states are obligated by law to reduce their fossil fuel usage and combat global warming. The opinion, while not legally binding is expected to be used in legal cases involving climate change around the world. The United States, along with Saudi Arabia, Russia and Israel, Yemen, Liberia, Belarus, and Iran, joined Saudi Arabia in opposing the resolution. Turkey, India and oil producers Qatar, Nigeria and Qatar, who hosted the COP31 climate conference, were also abstaining. The Trump?administration removed the U.S.from the Paris Climate Agreement?and other?major?environmental accords and has pursued a policy to boost fossil fuel production. The resolution contains inappropriate political demands relating to fossil?fuels, said U.S. deputy ambassador to the?UN Tammy Bruce. Washington did not see any basis to require the secretary-general?to report on the legal questions raised. Vishal 'Prasad is the director of Pacific 'Islands Students Against Climate Change. The group that led the campaign to get an ICJ opinion called the vote a "commitment" to make it a reality. (Reporting and editing by Sanjeev?Miglani; Reporting by Valerie Volcovici)
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SoftBank-backed SB Energy files confidentially for US IPO
SB Energy, a power?infrastructure company, has filed a confidential IPO in the United States, it said?on Wednesday. The firm is looking to capitalize on investor demand for new listings. Investors are driving the IPO market, and recent'strong debuts' of AI chipmaker Cerebras Systems as well as geothermal -energy firm Fervo Energy have boosted confidence in firms that want to tap into public markets. SpaceX filed for an IPO in the U.S. on Wednesday. SB Energy is a large-scale infrastructure project developer backed by the SoftBank Group and OpenAI. The company was founded in 2019 and is currently building data center campuses for the rising demand of AI workloads. SB Energy announced in?January its partnership with OpenAI, as part of Stargate. Stargate is a U.S. Initiative to build next generation AI and energy infrastructure. According to its website, the company has raised over $18 billion for project capital. It also boasts a portfolio of?about 5 Gigawatts in operating and under-construction energy. Companies can prepare for IPOs without the scrutiny of the public by filing confidential documents with 'the U.S. Securities regulator. Reporting by Prakhar Shrivastava, Bengaluru. Editing by Shilpi Major and Shailesh Kuber.
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Oil and bond yields fall amid hope for Iran deal
U.S. treasury yields fell and oil prices dropped on Wednesday, as investors grew hopeful that the U.S. was close to a deal with Iran to end a war?in?the Middle East. Major stock indexes also rose - with?chipmaker stocks rising ahead of Nvidia quarterly results. Investors continue to watch headlines to see if there are any signs that the U.S. is making progress in its negotiations with Iran. Donald Trump, the U.S. president, said that on Wednesday negotiations with Iran are in their final stages. He also warned of more attacks if Iran does not agree to a deal. Trump said that the United States would wait for a few more days to get the "right response" from Iran. The U.S. Dollar fell from its?six week high while U.S. Crude fell $5.89 and settled at $98.26 per barrel. Brent fell $6.26 and settled at $105.02. Shipping data revealed that there were also some signs of an easing of the Gulf pressure on Wednesday, when two Chinese oil tanks left the Strait of Hormuz. The yield on the benchmark 10-year U.S. notes dropped 9.4 basis points, from 4.669% at late Tuesday. Recently, yields reached multi-year highs on inflation fears fueled by war. Consumer discretionary led the gains among S&P sectors. Jake Dollarhide is the CEO of Longbow Asset Management, located in Tulsa. He added that "pessimism is on the horizon" because the Fed has been pushed into a corner by higher oil prices. Fed funds futures traders have priced in about 50% odds that rates will be raised by the Federal Reserve in December. This is a dramatic change from the markets' expectations before the Iran War began in late Febuary, when they had been expecting two rate cuts for this year. The Dow Jones Industrial Average rose by 645.47, or 1.31 %, to 50,093.55. The S&P 500 gained 79.36, or 1.08 %, to 7,432.97. And the Nasdaq Composite increased by 399.65, or 1.55% to 26,270.36. The MSCI index of stocks around the world rose by 9.86 points or 0.90% to 1,101.65. The STOXX 600 pan-European index increased by 1.46%. In Europe and Japan too, longer-dated bonds were sold, but like Treasuries they also found relief on Wednesday. The benchmark yield for the eurozone, Germany's 10-year bond, has fallen 3 basis points to 3.16% from its 15-year high on Tuesday. The benchmark yield on 10-year U.S. Treasury bonds reached its highest level in 16 months Tuesday. Meanwhile, 30-year yields have hit their highest levels since 2007. NVIDIA RESULT, SPACEX FILING Nvidia's shares fell slightly after the close bell. The company announced an $80 billion program to repurchase shares and forecasted second-quarter revenues above Wall Street expectations. The stock closed the regular session with a 1.3% gain. The index of semiconductors closed the regular session with a 4.5% gain. After the closing bell, SpaceX also revealed its IPO filing. The company, which has revolutionized rocket tech, opened their books. This listing could be the first trillion dollar U.S. stock market debut. The dollar index (which measures the greenback against a basket including the yen, euro and a few other currencies) fell by 0.22% on the currency market to 99.09 while the euro rose by 0.22%, reaching $1.163. The dollar fell 0.14% against the Japanese yen to 158.81. Spot gold increased 1.39%, to $4543.55 per ounce. Reporting by Caroline Valetkevitch and Alun Qiu in New York; Additional reporting by Stella Qiu, Editing by Nick Zieminski & Matthew Lewis
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SpaceX's IPO: The Road to Success
Elon Musk filed SpaceX's hotly anticipated U.S. Initial Public Offering?on Wednesday. This move has transformed space exploration from being a speculative endeavor to a mainstream investing theme. Here's a timeline of SpaceX’s journey towards its blockbuster IPO. Elon Musk founded SpaceX in March 2002 using the money he earned from selling PayPal. SpaceX launched its first rocket in March 2006, but it failed. September 2008 - Falcon 1 was launched successfully by SpaceX for the first launch and became the world's first liquid-fuel rocket. SpaceX signed its first major contract in December 2008 with NASA for the transportation of cargo and supplies to International Space Station. May 2012 - SpaceX Falcon 9 rockets launched a Dragon capsule into space, becoming the first private spacecraft docked at the ISS. Falcon 9 Rocket explodes in mid-air on June 15, 2015. December 2015 – First successful vertical landing of Falcon 9 rocket. This was the first large rocket to successfully recover from a controlled landing after it had delivered a payload in orbit. February 2018 - Musk's Tesla Roadster, and its mannequin Starman driver, were launched into space by the?first Falcon Heavy launch. April 2019 - Crew Dragon capsule explodes during a ground test. May 2019 - SpaceX started launching Starlink satellites. This constellation is capable of beaming high-speed internet signals from space to customers all over the world. October 2020 - SpaceX completes its 100th successful Falcon rocket flight?since Falcon 1 flew into orbit for the first time in 2008. SpaceX Crew-1 will be the first operational mission in NASA's Commercial Crew Program. NASA has awarded SpaceX a contract for the first commercial human landing on the Moon as part of the Artemis program in April 2021. SpaceX launches the first ever all-civilian crew to orbit the Earth in space on September 20, 2021. NASA's Double Asteroid Redirection Test mission (DART) was launched in an interplanetary transfer orbit on a SpaceX rocket. This marks the first ever test of a planet defense system that is designed to protect Earth from a possible asteroid impact. April 2023: First Starship Rocket explodes after losing control. November 2023: Starship launch fails minutes after reaching the space. November 2023: A U.S. Judge?blocked the U.S. Department of Justice's pursuit of an administrative case accusing Elon Musk’s SpaceX of refusing to illegally hire refugees and asylum seekers. September 2024: The SpaceX Polaris Dawn spacecraft performed its first privately-managed spacewalk. SpaceX's "Starship" rocket fragmented in space just minutes after it was launched from Texas. This forced airline flights flying over the Gulf of Mexico, to change course to avoid falling debris. Starship explodes during a test on the ground in June 2025. February 2026 - SpaceX acquired Musk's artificial-intelligence startup xAI in a record-setting deal worth $250 billion, unifying the world's richest man's AI and space ambitions by ?combining the rocket-and-satellite company with the maker of the Grok chatbot. Musk stated that SpaceX will be focusing on building "a self-growing city" (February 2026) on the Moon. NASA official stated that the Starship rocket has been delayed by at least two years since NASA selected it as an astronaut'moon lander' in 2021. It is expected to need a?more amount of time before landing on the moon. SpaceX files its U.S. initial IPO confidentially in April 2026, laying the foundation for what could be one of the largest stock market flotations ever. SpaceX files its long-awaited U.S. IPO in May 2026, and it is expected to be the largest listing ever. (Reporting and editing by Leroy Leo, Anil D'Silva and Arasu Kanagi Basil in Bengaluru)
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Bond yields and oil prices fall amid hope for an Iran deal
U.S. Treasury Yields and Oil Prices fell on Wednesday, as hope increased that the U.S. was close to a deal with Iran in order to end the Middle East war. Major?stock indices also rose before the closely-watched results from Nvidia. Investors continue to watch headlines in search of signs that the U.S. is making progress with Iran on ending the war. Donald Trump, the U.S. president, said that negotiations with Iran are in their final stages. He also warned of more attacks if Iran does not agree to a deal. Trump said that the United States would wait for a few more days to get the "right response" from Iran. The U.S. Dollar fell from its six-week high while U.S. Crude fell $5.89 and settled at $98.26 per barrel. Brent fell $6.26 and settled at $105.02. Shipping data revealed that there were also "tentative" signs of an easing of Gulf pressure on Wednesday as two Chinese oil tanks left the Strait of Hormuz. The yield on the benchmark 10-year notes in the U.S. The yield on 10-year notes dropped 9.4 basis points from 4.669% to 4.576% late Tuesday. Recently, yields reached multi-year-highs on inflation fears fueled by war. Nasdaq was the leader on Wall?Street while S&P 500 consumer discretionary sector gained the most. Jake Dollarhide of Longbow Asset Management, Tulsa (Oklahoma), CEO, said that there is a renewed sense of optimism because oil prices and yields have fallen. He said that "pessimism is on the horizon" because the Fed has been pushed into a corner by higher oil prices. Fed funds 'futures traders have priced in about 50% odds that the Federal Reserve would raise rates in December. This is a dramatic change from the markets expectations before the Iran War began in late Februrary, when they had been expecting two rate cuts for this year. The Dow Jones Industrial Average rose by 581.66, or 1.12%, to 49.945.54, while the S&P 500 gained 68.20, or 0.9%, to 7,421.81, and the Nasdaq Composite gained 344.12 or 1.33% to 26,214.83. The MSCI index of global stocks rose by 9.25 points or 0.85% to 1,101.04. The STOXX 600 pan-European index increased by 1.46%. In Europe and Japan too, longer-dated bonds were also on the decline, but like Treasuries they saw some relief Wednesday. The benchmark yield for the eurozone, Germany's 10-year bond, has fallen 3 basis points to 3.16% from its 15-year high on Tuesday. The benchmark 10-year U.S. Treasury rate reached its highest level in 16 months on Tuesday, while the 30-year Treasury rate hit its highest level since 2007. NVIDIA RESULT AHEAD Nvidia will report its first-quarter results after the U.S. market close. According to the median estimate of an LSEG analyst survey, expectations remain 'high.' Revenue is expected to increase by nearly 80%, to $79 billion. Nvidia's shares rose 0.9%. Samsung shares had fallen as high as 4.4% before they closed near flat. Samsung Electronics union announced that it would suspend its strike scheduled to start on Thursday, after the two sides had reached a tentative wage agreement. This could have prevented a potential disruption of the production AI chips and other. The index of semiconductors rose?3.8%, well ahead of?Nvidia's results. On the currency market, the dollar index (which measures the greenback in relation to a basket of currencies, including the yen, the euro and others) fell by 0.22%, while the euro rose by 0.22%, reaching $1.163. The dollar fell 0.14% against the Japanese yen to 158.81. Spot gold increased 1.3%, to $4,539.60 per ounce. Stella Qiu, Caroline Valetkevitch and Alun Johnson in New York; Stella Qiu, additional reporting; Mark Potter, Kirby Donovan and Nick Zieminski, editing.
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Gold prices rise as Treasury yields and oil prices ease
Gold prices increased?1% Wednesday as the oil market was pressured by hopes of a?a?resolution in the Iran conflict. This helped to ease inflation concerns and pushed U.S. Treasury yields down from recent highs. Gold spot rose 1.1%, to $4,531.9 per ounce at 14:10 pm. ET (1810 GMT). Earlier in the session, prices fell to their lowest levels in over seven weeks. U.S. Gold Futures for June Delivery?settled at $4,535.30, up 0.1%. We've noticed a respite from the continuous increase in yields. As a result of this, gold prices have bounced off their recent lows, said David Meger. Director of metals trading, High Ridge Futures. The yield on the benchmark 10-year U.S. Treasury Note ticked down after reaching its highest level since Jan 2025 on February 2. The higher the Treasury yield, the greater is your opportunity cost to hold non-yielding gold. Meger said that "any type of resolution of the 'war' or opening of the Strait of Hormuz could be positive for the Gold Market in that it would lead to a reduction of interest rates, which would then be helpful or opportunistic to the market." Brent crude futures fell after U.S. president Donald Trump said again that the war with Iran will end "very soon." Investors remained cautious about the outcome of the peace talks, as Middle Eastern supply disruption continued. Minutes of the Federal Reserve meeting in April showed that officials had warned that the Iran war might fuel inflation. This boosted support for a rate hike. Gold that does not yield, despite being an inflation hedge is less effective in environments with high interest rates. According to CME’s FedWatch tool, investors are pricing in a 48.6% probability that the Federal Reserve will?raise interest rates in December and an 89.6% likelihood it will maintain current rates at its June meeting. Citi also said that it was'staying cautious in the near term on gold, with a zero to three-month price target of $4300/oz. Silver spot rose by 3.1%, to $75.06 per ounce. Platinum gained 1%.6 at $1,952.30 and palladium increased 1.5% to $1,373.62. (Reporting from Anjana Anil, Bengaluru; additional reporting by Anmol Chaubey; editing by Kirsty Donovan and Shakesh Kuber).
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EU opens the door to a finalised US trade agreement and prevent Trump tariff hike
The European Union reached a provisional agreement with Washington on Wednesday regarding legislation that would remove import duties from U.S. products. This is a crucial part of the trade deal signed in July. It will likely prevent higher U.S. Tariffs on EU Products. According to the agreement reached at?U.S. Under the deal struck at?U.S. After nearly 10 months, the European Parliament, which represents the EU government, and the Council, an EU-wide body, have agreed on a text that will allow EU duty reductions into effect. After five hours of negotiation, they agreed on strengthened provisions that would suspend concessions if Trump violated the agreement?and a sunset provision to terminate the deal by the end of the year 2029 without new legislation renewing it. Andrew Puzder, the US ambassador to the EU, congratulated them on the deal. In a blog post, he wrote: "We are encouraged by this step (while reviewing the details carefully)." This internal EU agreement should calm the tumultuous world's biggest?trading partnership, which involves an annual exchange rate of $2 trillion worth of goods and services. It comes a week following Trump's trip to China, where he made some nice remarks but did not make any major breakthroughs. The EU relies on the U.S. for about 20% of its exports. But Trump wants to cut the $200 billion goods trade deficit. Zeljana Zovko is the European People's Party's lead negotiator on the U.S. trade deal. She said, "I'm proud to announce that Europe avoided a damaging increase in?transatlantic tensions, and has protected European businesses, investments, and millions of jobs both on sides of the Atlantic." "The EU is a leader in defending our interests, and it walks the walk." Once approved, this will boost transatlantic cooperation and stability," European Trade Commissar Maros Sefcovic said on X. The American Chamber of Commerce within the EU expressed relief at the signing of the agreement. It said that it was an important step for companies who rely on stable trading and investment relationships across the Atlantic. SpiritsEurope also praised the agreement, stating that it would increase stability and predictability. German Economy Minister Katherina reiche said that it would provide planning certainty for business. TRUMP SET JULY 4 DEADLINE Trump said that he would increase tariffs on EU cars to 25%, up from 15% currently. He had previously threatened to do so. After Trump's threats of imposing?new tariffs? on European allies if they did not support his acquisition of Greenland, and after the U.S. Supreme Court ruled against his global tariffs, EU lawmakers had paused twice the necessary legislation. The EU should meet Trump's deadline of July 4, with the final vote in the European parliament expected to take place?inmid-June. Bernd Lange expressed his confidence that the European Parliament would vote for the deal, saying it provided a "safety-net" to deal with an unpredictable U.S. Administration. EU lawmakers wanted stronger guarantees. However, the two sides refused to accept the proposed "sunrise" clause under which the EU only reduced duties if the U.S. met its part of the agreement. The "sunset" clause was then pushed back from the 'end of March 2028' to the 'end of 2029. The European Commission may also suspend tariff preferences before the end of the year, if the United States maintains tariffs above 15% on "derivatives" such as wind turbines and fridges. EU governments were less keen to insert such items because they feared that it could create uncertainty and anger the Trump administration. Reporting by Philip Blenkinsop in Bengaluru and Mrinmay dey in Mexico City. (Editing by Alex Richardson and Lincoln Feast)
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Sector body: Europe must end China's price control on rare earths to encourage investment
Bernd Schaefer, an industry expert at the EIT, said on Wednesday that Europe needs to develop its own pricing system for "specialty metals" and "rare earths" in order to lessen reliance on China and increase investment in mining and manufacturing. China controls the critical mineral supply chains and sets prices on its own markets. This leaves Western developers with no benchmarks for their investment decisions, which can delay projects already costing more in Europe. The EU has set a goal to mine 10% of its strategic raw material requirements annually by 2030, and rely no more than 65% on one third country. EIT Raw Materials is an agency partially funded by the EU. It has partnered with the digital platform Metalshub to create a European Index to encourage innovation in new mineral mining, refining, and recycling projects within the EU. Schaefer stated that it would take some time to develop an index of?representative' prices. The index will provide transparent and market-based benchmarks for "critical minerals" traded outside China. This will give investors clearer signals about profitability, as well as help to underpin new project financing. "My understanding is that this would require trading a volume of a minimum 10% of the traded volume (non-China)...depending on the raw materials," Schaefer said. Schaefer stated that "What we get from China is not representative nor is it a price in strict microeconomics terms." Schaefer stated that an "index" could include traders from the United States as well as Australia, Canada, and Britain. He said that it was difficult to predict whether or not the EU would achieve its vital mineral diversification goals because of a lack?of transparent?data about volumes and growth expectations. The EU announced in December its RESourceEU 3 billion euro action plan to accelerate?diversification of the EU's supply chain and reduce its over-reliance on China. The EU has taken little concrete action, with the exception of an initial pilot stockpile that was led by Italy France and Germany. Metals such as?tungsten, gallium and?germanium have been selected by the countries to be placed in storage first. Schaefer warned that without transparent pricing and domestic processing, Europe could be left dependent on Chinese benchmarks and see any new raw materials flowing back to China's supply chains. (Reporting and editing by Elaine Hardcastle; Julia Payne)
The top cases in the US Supreme Court docket
The U.S. Supreme Court has been deciding on a number of important cases in its current term. These include voting rights, presidential power, tariffs and birthright citizenship. Other issues are race, transgender sportspeople, campaign finance laws, LGBT "conversion therapies" and federal agency authority. The term began in October, and will run through June. Separately, the court has also acted in emergency cases involving challenges against President Donald Trump's policy.
VOTING RIGHTS ACT On April 29, the court gutted a crucial provision of?the Voting Act, making minorities less likely to challenge electoral maps under this landmark civil rights act as racially biased. The court blocked a map that would have given Louisiana a U.S. Congress district with primarily Black constituents. The court's ruling undermined Section 2 in the Voting Rights Act. Congress passed it to prevent electoral maps from diluting the power of "minority" voters. After the Supreme Court gutted another part of the Voting Right Act in 2013, Section 2 gained more importance as a barrier against racial bias in voting. Black voters are more likely to vote for Democratic candidates.
Birthright Citizenship The court expressed skepticism about the legality of Trump’s directive on April 1, to restrict the birthright citizenship of Americans. Justices asked the lawyer for the Trump administration questions regarding the legal validity and practical implications of Trump's order. A lower court blocked Trump's executive order that instructed U.S. agencies to not recognize citizenship for children born in the U.S. when neither parent was an American citizen, or a?legal resident (also called "green card") holder. The court found that Trump's policy was in violation of the 14th Amendment to the U.S. Constitution and federal laws codifying birthright citizenship. The Supreme Court will likely rule by the end June.
TRUMP'S TARIFS The judges on February 20, 2018 struck down Trump's "sweeping tariffs" that he pursued in accordance with a law intended for national emergencies. This ruling has major implications for global economics. The ruling, which was 6-3 in favor of the lower court decision that Trump had exceeded his legal authority by using this 1977 law, upheld that decision. The court ruled that Trump's claim to have the authority to impose tariffs was not supported by the law in question, the International Emergency Economic Powers Act (IEEPA). Congress has the power to impose taxes and tariffs, not the President, according to the U.S. Constitution. Tariffs are at the heart of a global trade conflict that Trump started after he entered his second term in office. This war has alienated trading partner, affected financial markets, and created global economic uncertainty.
TRUMP'S FIRE OF FED OFFICIAL The Justices expressed skepticism about Trump's attempt to fire Federal Reserve Governor Lisa Cook, a move that could threaten the independence of the central bank. The justices said they would not grant Trump's request for a judge to overturn a decision that prevented him from firing Cook immediately while her legal case is being resolved. Congress created the Fed by passing a law, the Federal Reserve Act, that contained provisions designed to protect the central bank against political interference. The law stipulated that governors could only be removed "for cause" and did not specify the procedure for removal. Trump claimed that Cook's firing was due to unproven allegations of mortgage fraud, which she has denied. Cook, who is still in her position for now, said that the allegations were a pretext used to fire Cook over differences of monetary policy, as Trump pressures the Fed to reduce interest rates. The ruling is expected to be made by the end June.
PROTECTED STATUS OF IMMIGRANTS On April 29, the justices heard arguments examining Trump's administration's actions to strip humanitarian benefits from hundreds of thousands Haitian and Syrian migrants, as part of his signature crackdown on immigration. The Trump administration appealed two federal judge's rulings that halted its efforts to terminate Temporary Protected Status (TPS), which the U.S. Government had previously granted to over?350,000 Haitians and 6,100 Syrians. Some conservative justices seemed to agree with the administration that courts could not second-guess the decision of the government to end TPS. Some justices questioned also the claim made by the challengers, that the administration had not followed mandatory protocols when making decisions in accordance with the law governing TPS. The ruling is expected to be made by the end June.
FEDERAL COMMISSION FIREING The conservative justices of the court have signaled that they will uphold Trump's legality in firing a Federal Trade Commission Member and also give a historical boost to president power, while also putting at risk a 90-year old legal precedent. On December 8, the court heard arguments in the Justice Department appeal of the lower?court decision that the Republican President exceeded his authority by dismissing Democratic FTC member Rebecca Slaughter before her term expired in March. The conservative justices seemed sympathetic to the Trump Administration's argument that tenure protections granted by Congress to independent agency heads unlawfully infringed on presidential powers under the U.S. Constitution. Trump was allowed to remove Slaughter until the case concluded. The court is expected to make a decision by the end June.
TRANSGENDER SPORTS PARTIcipation The conservative justices seemed ready to uphold the state laws that ban transgender athletes to female sports teams, amid an escalating nationwide effort to restrict transgender rights. On January 13, the court heard arguments from Idaho and West Virginia in appeals of lower court decisions siding with transgender students. The bans were challenged by the students as being in violation of the U.S. Constitution, and a federal antidiscrimination act. 25 other states also have laws similar to Idaho's. The conservative justices expressed concerns over imposing a uniform law on the whole country, amid a sharp disagreement and uncertainty about whether medications such as puberty-blocking hormones or gender affirming hormones remove male physiological advantages in sport. The ruling is expected to be made by the end June.
LGBT 'CONVERSION THERAPEUTY'
On March 31, the court rejected a Democratic-backed Colorado Law that prohibited psychotherapists from utilizing "conversion talk therapy" intended to change a LGBT minor's gender identity or sexual orientation. The 8-1 decision sided with the Christian licensed counselor and deemed that the law was an intrusion into free speech rights. The court rejected Colorado’s argument that the law only protected speech, but regulated professional conduct. The court reversed a lower-court's?decision which had upheld a law brought by Kaley Chiles who argued it violated U.S. Constitution protections against government abridgment.
HAWAII GUNS LAW The conservatives expressed skepticism about a Hawaii gun law which restricts the carry of handguns in public places, such as businesses. They appeared ready to expand the right to own a firearm again. On January 20, the court heard arguments in an appeal filed by opponents of the law, backed by Trump's administration. The challengers were appealing a ruling by a judge that Hawaii's Democratic backed measure likely conforms to the U.S. Constitution’s Second Amendment right to bear arms. Hawaii's law demands that a property owner "expressly authorize" the bringing of a handgun on private property. Similar laws exist in four other U.S. states. A decision is expected to be made by the end June.
Drug Users and Guns On March 2, the justices heard arguments in the Trump Administration's bid to defend a federal statute that prohibits users of illegal drugs in Texas from owning firearms. Hunter Biden, son of former president Joe Biden, was charged under this law in 2023. The Justice Department appealed a ruling by a lower court that the gun restrictions were in violation of the Second Amendment rights to "keep and carry arms" guaranteed under the U.S. Constitution. Gun Control Act 1968 included a prohibition against gun ownership by illegal drug users. The decision is expected to be made by the end June.
CAMPAIGN-FINANCE On December 9, the court heard arguments in a Republican led bid to overturn federal spending limits by political parties coordinated with candidates. The case involved Vice President JDVance. The conservative justices seemed to be sympathetic towards the challenge. However, the three liberal members of the court appeared inclined to maintain the spending limits. The debate centers around whether federal limits on campaign spending coordinated with candidates' input violate First Amendment protections against government abridgment. Vance and Republican challengers have appealed the ruling of a lower court that restricted how much money political parties could spend on campaigns, with input from candidates who they support. This type of spending is called coordinated party expenses. The ruling is expected to be made by the end June.
MAIL-IN BALLOTS
Conservative justices expressed skepticism in a March 23 case against a Mississippi law that allowed a five-day period of grace for mail-in votes received after Election Day. This could lead to tighter voting laws across the country. The Trump administration supported the challenge against Mississippi's law that allows mail-in votes sent by certain voters be counted as long as they are postmarked before Election Day and received within five business days of a federal election. In Mississippi, absentee voting is only available to certain categories of voters. These include the elderly, disabled and those who live away from home. A lower court ruled that the law was unconstitutional. The court is expected to rule by the end June.
U.S. ASYLUM - PROCESSING: The court seemed likely to rule in favor?of the Trump administration's defense of its authority to reject asylum seekers when officials deem U.S. - Mexico border crossings to be too overloaded to handle more claims. On March 24, the court heard arguments in a dispute over a policy known as "metering", which Biden's administration dropped in 2021. The Republican president may want to reinstate it. It allowed U.S. Immigration officials to stop asylum seekers and refuse to process their applications indefinitely. The decision is expected to be made by the end June.
WEEDKILLER CAUSES CANCER The court seemed divided on Bayer AG’s efforts to stop thousands of lawsuits alleging that the German company failed to warn users of the dangers of the active ingredient of its Roundup weedkiller. On April 27, the court heard arguments in Bayer’s appeal of a Missouri state court jury verdict awarding $1.25million to a man called John Durnell, who claimed he had been diagnosed with non-Hodgkin's lymphoma following years of exposure. The lower court rejected Bayer's argument that U.S. pesticide law bars lawsuits based on claims made under state laws. The ruling is expected to be made by the end June.
Human Rights Abuses Around the World The court heard arguments in April 28 on a case that has broad implications for American human rights litigation. Members of the Falun-Gong spiritual movement have accused Cisco Systems, of facilitating religious persecusion in China. Cisco appealed the 2023 ruling of a lower court that gave new life to the 2011 lawsuit brought under the?Alien Tort Statute of 1789. The case accused Cisco of developing technology which allowed China's Government to monitor and persecute Falun Gong Members. Cisco asked the court to limit the scope and application of the Alien Tort Statute which allows non-U.S. Citizens to sue in American courts over violations of international law. The court is expected to make a ruling by the end June.
SEC'S DISGORGEMENT POWER The Justices appeared to be inclined to support the U.S. Securities and Exchange Commission (SEC) in a case that tested the limits of one of its key powers. A financial remedy known as disgorgement, it seeks the recovery of profits from illegal activities. On April 20, the majority of justices seemed to be receptive of the Trump administration's defense of the SEC’s disgorgement powers. The ruling is expected to be made by the end June.
FCC fines wireless carriers
In response to a challenge to the Federal Communications Commission’s regulatory powers by major wireless carriers, the justices seemed inclined to maintain the Federal Communications Commission’s system of levying fines. During the April 21st arguments, the majority of justices appeared to be skeptical about the claim made by a Verizon Communications and AT&T lawyer that the in-house procedures of the Federal Communications Commission deprived them of their constitutional right to a trial by jury. The ruling is expected to be made by the end June.
'GEOFENCE" WARRANTS On April 27, the court heard arguments in a Virginia case over whether law enforcement using a "geofence warrant" to identify suspects based on data from mobile phones near crime scenes is a violation of the Fourth Amendment's bar against unreasonable searches. Geofence warrants approved by the court compel companies, such as Alphabet’s Google in this instance, to search mobile device location data of customers who were close to the crime scene at the time the crime was committed. In this case, a defendant pleaded conditionally guilty to robbing an institution of higher learning while reserving the right to argue against evidence obtained from what he believes was an illegal search. The ruling is expected to be made by the end June.
CRISIS PREGNANCY COUNTER The court sided on April 29, with the operator in New Jersey of Christian faith based anti-abortion crisis pregnancy centers that are trying to impede an investigation by the state into whether these facilities engage in misleading practices. First?Choice women's resource centers brought a lawsuit against a subpoena issued by the state attorney general in 2023 seeking information about the organization's doctors and donors. The lawsuit had been dismissed by a lower court. First?Choice is a group of facilities that aims to discourage women from getting abortions.
RASTAFARIAN INMAT The conservative justices seemed inclined to reject the Rastafarian inmate's attempt to sue Louisiana state prison officials after they shaved his head in violation of religious beliefs. The case was brought before the court on November 10 under a federal statute protecting people incarcerated from religious discrimination. Plaintiff Damon Landor's religion requires that he let his hair grow. He appealed the decision of a lower court to dismiss his lawsuit, because they found that the statute in question did not allow for him to sue officials individually for monetary damages. The ruling is expected to be made by the end June.
DEATH ROW INMATE The court heard arguments in December in an attempt by Alabama officials in order to pursue the execution for an inmate who was convicted of a murder in 1997 after a lower judge found him intellectually disabled, and therefore ineligible to receive the death penalty. The Republican-led state has appealed a lower court ruling that Joseph Clifton Smith was intellectually disabled based upon his intelligence quotient (IQ), test scores, and expert testimony. In a 2002 Supreme Court decision, the court ruled that executing a person intellectually challenged violated the Eighth Amendment of the U.S. Constitution prohibiting cruel and unusual punishment. The ruling is expected to be made by the end June.
COX COPYRIGHT DISSENSION
On March 25, the court ruled that Cox Communications could not be held responsible for the piracy of songs by its subscribers, owned by Sony Music Group, Warner Music Group, Universal Music Group, and other labels. This ended their multi-billion dollar music copyright suit. The ruling of 9-0 overturned the decision by a lower court to order a trial to determine the amount the internet service provider was liable for the record labels under a form liability known as contributory copyright violation. Cox said that a retrial would have resulted in a verdict of up to $1.5 billion against the Atlanta ISP.
(source: Reuters)