September 17, 2020 - United States, North America - Former JPMorgan Chase & Co foreign exchange trader Akshay Aiyer was sentenced on Thursday to eight months in prison, following his Nov. 2019 conviction for conspiring with traders at other banks to rig currency trades. Aiyer, 37, a native of Pune, India, was charged with colluding with other traders to fix prices of and rig bids for currencies, to boost profits at customers' expense. The case was part of a broad U.S. probe into currency manipulation by the banking industry.
September 03, 2020 - United States, North America - Daniel Kamensky, the founder of New York hedge fund Marble Ridge Capital LP, was criminally charged on Thursday with pressuring a rival not to bid for assets related to the retailer Neiman Marcus' bankruptcy so he could buy them at a lower price, the U.S. Department of Justice said on Thursday.
September 01, 2020 – A U.S. appeals court granted President Donald Trump's request to delay Manhattan District Attorney Cyrus Vance from accessing eight years of his tax returns in connection with a criminal probe of his business practices. The order from the 2nd U.S. Circuit Court of Appeals was a victory for the president in his yearlong quest to block a subpoena for the returns, which a lower court judge said Vance could enforce. Oral arguments in Trump's appeal were scheduled for Sept. 25.
August 28, 2020 – WASHINGTON - President Donald Trump granted a full pardon on Friday to Alice Marie Johnson, a Tennessee woman who received a life sentence for a first-time drug offense and whose cause was taken up by the celebrity Kim Kardashian West.
Trump, who commuted Johnson's sentence in 2018 after she had served more than 20 years in prison, signed the pardon during a meeting with Johnson in the Oval Office.
"We're taking Alice Johnson from a commutation to a full pardon," Trump said. "Alice has done an incredible job since she's been out, recommending other people" who may deserve clemency or a pardon.
Johnson, who spoke at the Republican National Convention this week about her initial commutation, wiped away tears after Trump's announcement.
Kardashian West personally lobbied Trump about Johnson's case.
August 27, 2020 – Chicago, United States, North America - The U.S. agricultural sector was spared a direct hit from Hurricane Laura this week as the storm veered west of grain export terminals in New Orleans and missed many fields of unharvested cotton and sugar, according to meteorologists and industry sources.
August 25, 2020 - Detroit, United States, North America - General Motors and Ford said they are close to completing separate contracts to assemble a total of 80,000 ventilators for the U.S. government in response to the coronavirus pandemic, and the futures of their ventures and the hundreds of jobs they supported are uncertain.
August 24, 2020 - New York City, United States, North America - Crews from across the U.S. West, military planes and National Guard troops poured into California to join the fight against two dozen major wildfires burning across the state, as officials warned of more dry lightning storms approaching. Continuing coverage through the day.
August 24, 2020 - Toronto, Canada, North America - The U.S. government placed an additional hurdle in front of Alaska's Pebble Mine project on Monday, giving developers 90 days to explain how they would offset damage to wetlands and prominent fishing sites after prominent Republicans opposed the project in recent weeks.
August 20, 2020 – New York City, United States, North America - Fear is ebbing on Wall Street, as stocks embark on a bull run in the midst of the global coronavirus pandemic. The Cboe Volatility Index, known as Wall Street's "fear gauge," stands near its lowest level since late February, and options markets are showing diminishing concerns of a near-term drop in equities.
August 20, 2020 – Washington DC, United States, North America - The U.S. Defense Department on Thursday said five U.S.-manufactured drones have been approved for purchase by the federal government starting in September, offering agencies a more secure alternative to those made in China.