Latest News
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ATALCO receives US Pinnacle affiliate investment to increase alumina and gallium production
Atlantic Alumina Company announced that the U.S. Government and a Pinnacle?Asset Management?affiliate have invested more than $450?million into the alumina?producer in order to?boost the domestic output and build a large-scale primary galium production circuit. Atlantic Alumina or ATALCO announced on Monday that the U.S. Department of War had invested $150 million as preferred equity. Pinnacle, through its?affiliate Concord Resources Holdings?, has also put more than $300 million of private capital into play. The Trump administration is stepping up its efforts to secure U.S. mineral supply chains, including shifting federal support from grants to direct equity stakes. Washington wants to reduce its reliance on the market leader China. ATALCO said it would set up a primary gallium production loop in?Gramercy Louisiana. The partnership aims to strengthen the national?supplies? of critical minerals for aerospace, defense and semiconductors, as well as?energy technology. Since 1959, the Gramercy plant has been supplying smelter grade alumina. Alumina ore is used to recover primary gallium. ATALCO plans to increase production to over 1 million metric tonnes of alumina per year and to produce up to fifty metric tons gallium each year. (Reporting from Pranav Mathur, Bengaluru. Editing by Leroy Leo.)
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Trump pursues central bankser, Wall Street stumbles and gold surges
Wall Street shook and the dollar lost ground, while gold reached a new record high on Monday. The Trump administration's threats to indict Federal Reserve Chair Jerome Powell raised questions about the independence of the most influential central banks. Powell delivered an?unusually fervent speech rejection Morgan Stanley analysts described a "cacophony of events that will move the market" as the week begins, only the second in 2026. Trump considering military options Action After the capture of Venezuelan's Nicolas Maduro The U.S. might try to acquire Greenland The S&P 500, which is the benchmark, fell 0.1%. The Dow Jones Industrial Average was down 0.56%, and the Nasdaq Composite dropped 0.04%. The dollar index fell by 0.4%, to 98.83. The euro rose by 0.33%, at $1.1676. The point is that "the central bank's function will change fundamentally in the long-term if the White House is successful" in taking control of the monetary policy. This was stated by Thu Lan?Nguyen of Commerzbank after pointing out that the Fed has already entered a cycle of rate cuts and this scenario only becomes relevant if inflation risk increases. She added, "However as the foreign exchange market is a forward-looking market, this justifies an increased U.S. Dollar risk premium today." Gold, which is considered a safe haven, rose by?2.34% and reached $4615.29 per ounce. Silver rose as well. Prices of oil fell after Iran claimed to have "total control" over the situation, following a violent weekend. The traders also took into account the possibility of Venezuela supplying more oil to a market that is already oversupplied. U.S. crude fell by 0.42%, to $58.89 per barrel. Brent dropped by 0.21%, to $63.22 a barrel. Both benchmarks rose last week, as Iran's crackdown intensified. "REMARKABLE STUFF" After Trump's Friday call for the government to take over credit card companies and lenders, stocks in these sectors fell more than those of other sectors. One-year cap On credit card interest rates starting January 20,?10%. Citigroup dropped more than 3%. Bank of America dropped around 1%. JPMorgan Chase fell 1.6%. US Bancorp dropped more than 2%. Synchrony and Capital One, two finance firms, both fell over 6% but recovered slightly. JPMorgan analysts wrote in a report that "based on very preliminary calculations Citi would be the most affected, followed by US Bancorp", explaining that US Bancorp has "credit cards with higher interest rates, implying it has more customers who are subprime". This week, the U.S. Inflation data and trade figures from China will be closely watched. Also on Tuesday are earnings reports for a number of U.S. companies including JPMorgan and BNY. The dramatic escalation of the fight between Powell, Trump and the banker that began in Powell's first year as chairman in 2018 will remain front and center. Andrew Lilley is the chief rates strategist for Barrenjoey Investment Bank, a Sydney-based investment bank. Investors will not be pleased, but this shows that Trump does not have any other levers at his disposal. The majority of the FOMC will keep the cash rate at what they want it to be. Analysts at Deutsche Bank tallied up the different factors that markets will need to consider. In a note, they wrote: "(R]emarkable stuff... and there are plenty of opportunities to make headlines in the next few days."
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Gold reaches $4,600/oz amid Fed unrest and safe-haven rush
On Monday, gold reached a new record of $4600 per ounce?and the price of silver also rose as investors sought a'safe haven' after an increase in uncertainty over a criminal investigation by the Trump administration into Federal Reserve Chairman Jerome Powell. As of 10:50 am, spot gold was up by 2.5% to $4,620.56 an ounce. ET (1550 GMT) after hitting a previous record high of $4627.27. U.S. Gold Futures for Delivery in February gained 2.9%, to $4.631.30. Michael?Haigh is the global head of commodities at Societe Generale. He said: "Elevated uncertainties play directly into 'the gold market. (And) every week it seems that another area of uncertainly is added." He added that the backdrop supporting the rally was unlikely to reverse any time soon. The gold price surged by more than 64% in the past year, which was its highest performance since 1979. Silver also had its best year ever with a gain of 146.8%. The administration of U.S. president Donald Trump has increased pressure on the?Fed, threatening to charge?Chair Jerome Powell for his comments about a renovation project. Powell called this act a "pretext", to control rate cuts Trump wants. Powell's tenure ends in May. Fox News reported that the Trump administration will interview Rick Rieder, a BlackRock executive who could be a candidate to succeed Powell. After reducing rates by 75 basis points in 2017, the Fed is expected to keep them steady at its meeting on January 27-28. Markets are still pricing in another two rate cuts this year. This is boosting demand for gold and other non-yielding investments. The geopolitical tensions remained high as Trump considered possible?responses? to the deadly crackdown of protests in Iran following his removal from office of Venezuelan president Nicolas Maduro, and floated the idea?of acquiring Greenland. Spot silver reached an all-time record high of $85.75, but then rose 6.9% to $85.437. Ned Naylor Leyland, manager of Jupiter Asset Management's gold and silver funds, said that the two metals "go together". But "when silver captures flows, it really runs, because it is a smaller channel, and more sensitive to inflows and outflows." The spot price of platinum rose 3.5%, to $2,351.78 an ounce. Palladium rose 3.3%, to $1,875.68. (Reporting from Anmol Choubey, Bengaluru. Additional reporting by Naomi Rovnick, London. Editing by Jan Harvey & Susan Fenton).
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PG&E reaches a $100 million settlement with shareholders over wildfires in 2017, 2018 and California
Pacific Gas and Electric's parent company reached a settlement of $100 million with?shareholders that accused the utility operator?of misleading them about their wildfire prevention?and?safety protocol?before wildfires occurred in northern California during 2017 and 2018. The preliminary settlement between PG&E and the U.S. District Court of San?Jose in California was filed Saturday. It requires a judge to approve it. Shareholders, led by the 'Public Employees Retirement Association of New Mexico', said PG&E hid its defective wildfire-safety practices. This included electrical equipment and vegetation control that was blamed for causing or exacerbating 2017 North Bay fires and the 2018?Camp Fire. The North Bay Fires included the Tubbs Fire which claimed 22 lives and destroyed over 5,600 structures. This includes about 5% homes in Santa Rosa. The Camp Fire destroyed over 18,800 structures and killed 85 people, including most of Paradise. Court documents show that PG&E denies wrongdoing by agreeing to settle. No immediate comment was made on Monday. PG&E filed for bankruptcy protection in January 2019. The?litigation?was delayed. PG&E settled a $13.5-billion settlement with victims of wildfires in December and emerged from Chapter 11 protection against creditors in June 2020.
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Politico reports that Germany has finalized a deal to purchase TenneT shares.
The German government has completed negotiations regarding the investment in German division of Dutch power grid operator TenneT News outlet Politico reported that on Monday, and wants to buy a stake worth about 8.9 billion euros (7.6 billion euro). The German finance ministry didn't immediately respond to comments. TenneT said on Monday that it is still in a "constructive dialog" with the German state development banks KfW about a possible investment by Berlin into its German division. In an email,?TenneT said: "We will inform you as soon as we conclude this dialogue and its result." Politico, citing government budget documents reported that the deal included?5.76bn euros for the purchase shares from TenneT, as well as a capital increase to fund grid upgrades. The remainder will be given to KfW which is managing the transaction in the form?of guarantees. Berlin was considering purchasing a 25,1% stake in TenneT Germany, the largest high-voltage operator in the country, to fund the necessary investments for the energy transformation and maintain greater control over vital energy infrastructure assets. According to a letter from the German economy ministry seen in November, the German government has set aside 5,8 billion euros as a reserve for both this purchase and future payment obligations. Berlin holds minority stakes already in two other high-voltage grid companies, TransnetBW & 50Hertz. In September, the Dutch government, TenneT’s parent company, agreed to sell a 46 percent stake in their German unit to an investor group after a failed sale to Berlin under the previous government. TenneT is responsible for the infrastructure required to connect renewable energy to consumers and industries, which gives it a key role in Europe’s energy transition.
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Gold reaches $4,600/oz amid Fed unrest and safe-haven rush
On Monday, gold reached a new record of $4600 per ounce?and the price of silver also rose as investors sought a'safe haven' after a criminal investigation by the Trump administration into Federal Reserve Chairman Jerome Powell grew more uncertain. As of 09:30 am, spot gold was up by 1.7% to $4,584.91 an ounce. ET (1430 GMT), the price of gold hit a record-high $4,620 earlier. U.S. Gold Futures for February Delivery gained 2.1%, to $4,596.70. Michael?Haigh is the global head of commodities at Societe Generale. He said: "Elevated uncertainties play directly into the gold market (and) we seem to be adding another area of uncertainty every week." He added that the backdrop supporting the rally was unlikely to reverse any time soon. Last year, gold surged by more than 64%, its highest performance since 1979. Silver also had its strongest year ever with a gain of 146.8%. The administration of U.S. president Donald Trump has increased pressure on the Federal Reserve, threatening to indict Chairman Jerome Powell for his comments about a renovation project. Powell called this act a "pretext", to control rate cuts Trump wants. Powell's tenure ends in May. Fox News reported that the Trump administration will interview Rick Rieder, a BlackRock executive who could be a candidate to succeed Powell. After reducing rates by 75 basis points in 2017, the Fed is expected hold them steady during its meeting on January 27-28. Markets are still pricing in another two rate cuts for later this year. This is boosting demand for gold and other non-yielding investments. The geopolitical tensions were also elevated, as Trump considered?potential reactions to a deadly crackdown against protesters in Iran following his removal from office of Venezuelan president Nicolas Maduro. He had also floated the idea of acquiring Greenland. Spot silver reached an all-time record high of $85.69 per ounce, and then rose 5.1% to $84 per ounce. Ned Naylor Leyland, manager of gold and silver funds at Jupiter Asset Management, said that "gold and silver go together". But "when silver captures the flow, it really runs, because it is a smaller channel, and more sensitive to flows in and out". Palladium rose 1.9% to $1.850.82 while spot platinum climbed by 1.8% to $2314.71. (Reporting from Anmol Choubey, Bengaluru. Additional reporting by Naomi Rovnick, London. Editing by Jan Harvey.)
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How long can Wall Street ignore Trump's "visible hand"? McGeever
If the record high U.S. stocks prices accurately reflect the investors' assessment of Trump 2.0's first year, it is a glowing scorecard of the most interventionist administration in decades. The U.S. President, who has become the market activist in chief, is yet another example of a topsy-turvy world of economics. Global norms and orthodoxies from the past 40 years are now being questioned. Donald Trump has directed the U.S. Government to take direct equity stakes in businesses, to call for CEO firings, to try to dictate compensation to CEOs, to ensure that the government receives a cut from Big Tech chip sales, and to seek to fire Federal Reserve officials. Trump also ordered the purchase $200 billion in mortgage-backed securities. He directed U.S. Oil companies to conduct activities in Venezuela. He tried to stop defense firms from purchasing back shares until they increased production. And he called for an annual cap on credit card interest rates, as his Justice Department threatened to indict Fed chair Jerome Powell. That's only a few of the things that have happened in the last week. INEFFICIENT MARKET HYPOTHESIS? Imagine an alternate future in which Kamala Harris wins the 2024 U.S. Presidential election, and is now entering her first year of office after pursuing a?similarly unorthodox clutch of controversial policies. Would the markets shrug this off? We'll never know. But it is reasonable to assume there would have been a noticeable pushback by investors. In reality, aside from the short turmoil that followed Trump's "Liberation Day Tariff" announcement in April, the world has been relatively calm. Last year was indeed a record-breaking year for stocks, and other asset classes. According to HFR, hedge funds, which are not fans of government interference in the "free market" and private sector, saw their assets under management reach $5 trillion. William Henagan is a research fellow at the Council on Foreign Relations. He agrees that it's a bit of a "conundrum", given the Trump administration's high-interventionist approach towards Wall Street and Main Street. Henagan explains that investors don't necessarily perceive the market interventions to be a substantial erosion of the rule of law, and the property rights which underpin the financial markets and economic system. Perhaps public markets aren't the most efficient or all-seeing. Investors ignore erosion of these fundamentals at their peril. CASE FOR DEFENSE The question of market confidence can be binary. Investors are confident in the market structure and financial system, until they lose it. Government intervention in the market economy is not a new thing, and it is also not a bad idea. Many sectors are in favor of it and it is sometimes necessary to ensure national security, energy safety, or a social safety network. A year into Trump's second tenure, "many parts" of USA Inc are feeling the "visible hand", shoving aside Adam Smith's invisible hand, which was based on the theory of free markets. Trump's capriciousness is still able to cause volatility in certain sectors and stocks. Lockheed Martin shares fell?7% on Wednesday night after Trump announced he would stop defense firms from paying dividends or buying back stock. They then recovered 8% after hours trading when Trump demanded that the defense budget be increased by 50% to $1.5 trillion. The broader market is continuing to grow on the backs of short-term optimism and momentum. This seems unaffected even by the most aggressive administration in recent decades. Wall Street did lag behind its global counterparts last year, but not by much. This could be a sign of Trump's visible influence on investors. But, at least for the moment, there is no flashing warning light. You like this column? Open Interest (ROI) is your indispensable source of global financial commentary. ROI provides data-driven, thought-provoking analysis on everything from soybeans to swap rates. The markets are changing faster than ever. ROI can help you keep up. Follow ROI on LinkedIn, X.
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Italy improves relations with Venezuela after two more Italians are released
Italy announced on Monday that Venezuela had released Italian citizens Alberto Trentini?and Mario Burlo?from prison. It also pledged to "upgrade its relations with Caracas" in response. After Venezuela released two Italian citizens, Biagio Piieri, a journalist, and Luigi Gasperin a businessman, last week, Foreign Minister Antonio Tajani confirmed that no other citizens with only Italian nationality were still in prison. Hundreds of dual nationals, both Italian and Venezuelans, are still being held. Venezuelan leadership announced on January 8, that it would release a large number of prisoners including foreigners, as a gesture. After the U.S. captured Venezuela's president, Nicolas Maduro, and attacked Venezuela, the U.S. made this move to heed demands from human right groups, international organizations, and opposition figures. Trentini was the best-known Italian prisoner in Venezuela. He is a charity worker originally from Venice. Rafael Machado, his Venezuelan driver, was also arrested. He worked for Humanity & Inclusion - an NGO which assists disabled?people. Burlo was arrested in November of 2024, and was held in the El Rodeo I facility, in Caracas, in the same jail as Trentini. Giorgia Mello, the Prime Minister of Italy, said that a plane from Rome was en route to take Trentini and Burlo back home. Meloni made a statement saying, "I am delighted and satisfied with the release of Alberto Trentini & Mario Burlo who are safely in the Italian Embassy at Caracas." DIPLOMATIC RELATIONS UPGRADED Tajani said to reporters in Rome that Venezuela has not provided any reasons as to why the two have been held for so long. He said that the most important thing is that "they are going home". They were expected to arrive on Monday morning or early Tuesday morning. Tajani stated that there were still 42 Venezuelans with dual Italian and Venezuelan citizenship. Of these, 24 are being held for "political reasons". Meloni praised Venezuelan authorities, including Delcy Rodrguez, the interim president, for "the constructive cooperation shown in recent days." Tajani stated that Rome would upgrade its relations with Venezuela by changing the status of their top envoy, from charge d’affaires to a full-fledged Ambassador. He called Venezuela a "very significant country" for Italy. He noted the large Italian community in Venezuela and Eni, an Italian energy company that is present there.
Who is Trump's target?
Donald Trump, the U.S. president, has continued to criticize and take action against corporate executives, institutions and corporations, even months after assuming office. His actions, from new export deals to freezing university grants, have changed the status quo in the United States between government, law and academia.
Trump has publicly criticised a number of influential individuals and entities.
The CEO of GUNVOR will step down
Torbjorn Tornqvist, CEO of global commodity trading company Gunvor, will be
step down
Sell his entire shareholding through a management buyout. This comes after the U.S. labeled the company the "Kremlin’s puppet" because of its previous Russian connections.
On Monday, the firm announced that Americas director Gary Pedersen will take over the role. Pedersen was hired just last year by the company.
Last month, the U.S. Treasury sank Gunvor's
biggest ever deal
The acquisition of international assets owned by the Russian oil giant Lukoil, sanctioned by the United States.
Pedersen’s promotion coincides Gunvor’s efforts to improve its relations with the U.S.
Hold active discussions
In recent weeks, investors have invested in U.S. oil-and-gas producing assets.
GOLDMAN SACHS
Goldman's Economic Research arm published a report in August that stated U.S. Consumers had absorbed 22 percent of tariff costs up to June. Their share could increase to 67%, if recent levies continue the same pattern.
Trump stated shortly after that "David Solomon, and Goldman Sachs, refuse to give credit when credit is due." In a post made on Truth Social.
Trump claimed that "mostly, companies and governments, some of which are foreign, pick up the tab". Solomon's former hobby of DJing was also criticized by Trump.
Trump asked Intel CEO Lip-Bu Tang to resign in early August because of China ties. In April, it was reported that Tan had invested $200 million into hundreds of Chinese chip and advanced manufacturing firms, including some linked to the Chinese military.
"The CEO at INTEL has a great deal of CONFLICT and must resign immediately." Trump stated in a Truth Social post that there is no solution to the problem.
Tan replied to Trump by saying that he shared Trump's commitment to advance U.S. economic and national security, and that the Intel Board was "fully supportive" of the transformation work our company is doing.
After a meeting with Tan, Trump praised him and the U.S. Government decided to buy a stake in this chipmaker.
MICROSOFT
Trump said in September that the tech company should fire Lisa Monaco, its global affairs director who has served in previous Democratic administrations.
Trump stated on Truth Social that "She is a threat to U.S. National Security" due to the large contracts Microsoft has with the United States Government. "In my opinion, Microsoft should terminate Lisa Monaco's employment immediately."
Trump stated that Monaco's position at Microsoft would allow her to access highly sensitive information. "This kind of access cannot stand," said Trump.
Monaco, who joined Microsoft in July, worked as a security adviser in the former president Barack Obama’s administration. He also served as deputy attorney general under former president Joe Biden.
Elon Musk, the billionaire CEO of Tesla's electric car company, spent hundreds of million dollars to support Trump's reelection. Investors who bid up Tesla's stock anticipated that this move would benefit Musk's empire.
Musk and Trump fell out, however, in June, after Musk criticised Trump's tax-cutting and spending bill, claiming that it would increase the federal debt.
Musk responded to Trump's comments on Truth Social by threatening to cut off federal contracts and subsidies to Musk's businesses. Trump also said that the billionaire had "gone CRAZY", after the bill was amended to remove the mandate for electric vehicles.
JAGUAR LAND RIDER
Trump criticised Jaguar's rebranding campaign in August. He called the campaign "woke", "stupid" and linked it to the departure from the CEO of the company.
Trump's remarks came at the same time that Tata Motors announced the retirement from the British automaker of Adrian Mardell who had spent over three decades with the company.
Jaguar unveiled last year a new visual identity and logo as part of its brand refresh to reposition itself as an electrical automaker. This move sparked a backlash online and was criticized by brand loyalists.
Trump has threatened tariffs on Apple and Tim Cook for selling iPhones in the U.S. outside of the country.
After a meeting with Cook in Doha, Qatar in May, Trump said that he confronted him about Apple's plans to manufacture the majority of iPhones sold in America in factories in India by 2026.
In a post on social media, Trump said he had told Cook "long time ago" "I expect that their iPhones will be sold in America, and not in India or anywhere else".
Early in August, Trump announced that Apple would invest another $100 billion dollars in the U.S. This will bring its total commitment domestically to $600 billion within the next four-year period. Cook gave Trump an American souvenir made with 24-karat-gold base.
AMAZON.COM
Trump complained to Jeff Bezos, former CEO of Amazon.com in April about a report that stated the company would display the prices to show the impact tariffs have on the ecommerce retailer Amazon.com.
Amazon, however, said that it only briefly considered charging import fees for certain goods following Trump's announcement of tariffs in April, but abandoned the plan after the White House accused Amazon of a hostile political act.
Trump told reporters later that Bezos "very quickly" solved the problem and was "very nice".
BANK OF AMERICA & JPMORGAN CHASE
In August, Trump claimed that JPMorgan CEO Jamie Dimon and BofA CEO Brian Moynihan discriminated against him. He had earlier said that they didn't provide banking services for conservatives.
In a video speech at the World Economic Forum, Trump stated, "What you are doing is wrong." In a question and answer session with CEOs and corporate leaders assembled on stage, Trump did not provide any evidence of wrongdoing.
Dimon, the CEO of JPMorgan Chase was also mentioned. "You, Jamie and everyone, I hope you are going to open your bank up to conservatives." Both lenders have repeatedly denied allegations of "debanking."
WALMART
Trump stated in May that Walmart, China and other retailers should "eat tariffs" to avoid burdening American consumers. This was after Doug McMillon had said the retailer couldn't absorb all tariff-related cost due to narrow retail margins.
Walmart should STOP blaming tariffs for the price increases across the chain. Walmart made BILLIONS of DOLLARS in the last year. This was far more than anticipated, Trump wrote on social media.
Trump didn't call McMillon out personally but he did publicly criticize Walmart for attributing the price increases in May to the tariffs his administration imposed.
CRACKER BAREL
A retail chain was blindsided by an unexpected reaction when it changed its logo to remove the image of a man in overalls known as "Uncle Herschel", leaning on a barrel.
Cracker Barrel announced in late August that it would stick with its decades old logo. Plans for a brand new one were scrapped after social media backlash from the U.S. president Donald Trump, among others.
"Congratulations Cracker Barrel on restoring your original logo. "All of your fans are very appreciative," Trump said after the company reversed its decision on Truth Social.
COMCAST
Trump criticised Comcast's cable news network MSNBC over its coverage of his government. Trump told reporters that MSNBC was changing its name to MS NOW because the network's owners were ashamed.
Trump called Comcast "weak, ineffective and headed by Brian Roberts" last week.
SMITHSONIAN INSTITUTION
In anticipation of the U.S. 250th Anniversary, the White House announced that it would lead an internal review for some Smithsonian Museums and Exhibitions. Declaration of Independence.
In an executive directive issued in March, Trump stated that the institution was under the influence of "divisive and race-centered ideologies" over the past few years.
HARVARD UNIVERSITY
Trump has targeted the oldest and wealthiest university in the United States, canceling federal grants worth $2.5 billion and mounting efforts to stop research funding for Harvard. This is part of an overall campaign to change U.S. Universities, which Trump claims are dominated by antisemitic, "radical-left" ideologies.
We are going to take away Harvard's tax exempt status. "It's what they deserved!" In May, Trump posted a message on his social media platform.
Trump announced on September 30, that after months of negotiation over school policies, his administration is close to an agreement with Harvard University. The deal would include a payment of $500 million by the Ivy League university.
COLUMBIA UNIVERSITY
The Trump administration announced in March that it would cancel $400 million of federal funding to Columbia University for how it handled the protests last year.
This is just the beginning of many arrests to come. "We know that there are many more students at Columbia University and other Universities in the Country who have engaged pro-terrorists, antisemitic and anti-American activities, and the Trump Administration won't tolerate it," Trump wrote in a post on social media.
These comments were made after the arrest Mahmoud Khalil, a Palestinian graduate who was a major participant in the protests.
In July, the University announced that it would pay more than $200 million in settlement to the U.S. Government as part of a deal with Trump's Administration.
LAW FIRMS
Trump issued an executive order in March that restricted access to federal facilities and suspended security clearances of its employees due to their ties with Hillary Clinton and DEI policy.
Trump said that it was an "absolute honor" to sign the order. Trump had also issued a similar order in March against the New York law firm Paul, Weiss, Rifkind, Wharton & Garrison, which he subsequently retracted after reaching a settlement.
In February, the law firm Covington & Burling was confronted with Trump's Presidential Memorandum, which suspended all security clearances of Peter Koski, and Covington employees, who had assisted former Special Counsel Jack Smith in prosecuting Trump.
Covington has said that it will continue to represent Jack Smith in spite of these measures.
Trump said, "We will continue to hold those who are responsible for weaponizing government and who supported this accountable."
THE NEW YORK TIMES PENGUIN RANDOM HOUSE
Trump has filed a $15 Billion lawsuit
defamation lawsuit
In September, he filed a lawsuit against the New York Times as well as book publisher Penguin Random House. He accuses these major media companies of unfairly treating him.
THE WALL STREET JOURNAL
Trump sued
The Wall Street Journal, its owners and employees
Rupert Murdoch was sued in July by the New York Times for $10 billion over a report that revealed that his name appeared on a 2003 greeting to Jeffrey Epstein, which included a sexually explicit drawing and references to secrets that they shared. (Reporting by Deborah Sophia, Juveria Tabassum, Niket Nishant, Shivansh Tiwary, Savyata Mishra, Kritika Lamba, Arsheeya Bajwa, Zaheer Kachwala, Puyaan Singh, Pooja Menon and Dharna Bafna in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur)
(source: Reuters)