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The Hidden Detail Behind Alameda Research: A Complete Account

The Hidden Detail Behind Alameda Research: A Complete Account

Beyond the headlines of the FTX collapse lies a specific, hidden feature in the code that gave Alameda Research an unlimited, secret line of credit.

Judge rules New York can’t ban federal agents from wearing face coverings

Judge rules New York can’t ban federal agents from wearing face coverings

A federal judge has ruled that New York can’t ban federal agents from wearing face coverings, or require that they wear visible identification

Cape Cod Homeowner Sues Bank Over $5.5 Million Mansion Mortgage

Cape Cod Homeowner Sues Bank Over $5.5 Million Mansion Mortgage

John G. Bonomi Jr., a homeowner in Wellfleet, Cape Cod, is suing JPMorgan Chase to void his mortgage for a $5.5 million mansion. Bonomi claims he purchased the property while experiencing a 'manic psychosis' due to bipolar disorder, arguing that the bank should not have approved the mortgage. The lawsuit, filed in the United States District Court for the Southern District of New York, seeks to void the mortgage and note for $3.85 million, plus interest and damages. Bonomi's case highlights the legal complexities of mental health and contract law, as he argues that his mental state at the time of purchase rendered him incapable of making rational financial decisions.

US Supreme Court won't halt $655 million judgment against Palestinians over attacks

US Supreme Court won't halt $655 million judgment against Palestinians over attacks

By Andrew Chung August 3 (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor declined on Monday to halt $655.5 million in damages that Palestinian authorities were ordered to pay plaintiffs in a U.S. civil lawsuit concerning attacks that killed and injured Americans in Israel from 2002 to 2004.

California's highest court rules for Gilead in 'duty to innovate' case

California's highest court rules for Gilead in 'duty to innovate' case

By Jonathan Stempel Aug 3 (Reuters) - California's highest court on Monday ruled in favor of Gilead Sciences in a closely watched case addressing whether manufacturers of drugs that are considered safe must try developing drugs that could be safer.

California's highest court rules for Gilead, says drugmakers don't have 'duty to innovate'

California's highest court rules for Gilead, says drugmakers don't have 'duty to innovate'

By Jonathan Stempel Aug 3 (Reuters) - California's highest court ruled on Monday that manufacturers of drugs that are considered safe do not owe a duty to patients to try developing drugs that could be even safer, ruling in favor of Gilead Sciences in the closely watched case.

EPA cannot block billions in climate grants, US appeals court rules

EPA cannot block billions in climate grants, US appeals court rules

Aug 4 (Reuters) - A federal appeals court said the U.S. Environmental Protection Agency cannot freeze about $20 billion of clean energy grants awarded to several nonprofit groups, handing a defeat to the Trump administration. Tuesday's decision by a divided U.S.

Federal Judge Rules Against New York's Ban on Federal Agents Wearing Face Coverings

Federal Judge Rules Against New York's Ban on Federal Agents Wearing Face Coverings

A federal judge has ruled that New York cannot prohibit federal agents from wearing face coverings or mandate that they wear visible identification. This decision follows a similar ruling earlier this year in California, where a law was blocked that aimed to restrict law enforcement officers from wearing facial coverings. The New York law was part of a broader set of law enforcement policies included in the state budget bill signed by Governor Kathy Hochul. The ruling was made by U.S. District Judge Mae D’Agostino, who stated that the issue at hand was about constitutionality rather than transparency or policy preferences. The federal government argued that the measures conflicted with the supremacy clause of the U.S. Constitution, which prevents state governments from regulating federal law enforcement.

Supreme Court won't halt $656M judgment against the PLO and Palestinian Authority

Supreme Court won't halt $656M judgment against the PLO and Palestinian Authority

The U.S. Supreme Court has refused to halt a $656 million judgment against Palestinian authorities in a lawsuit filed by Americans killed or wounded in attacks in Israel

Westchester County Journal News

NY sues Trump administration over new tariffs as 'a tax' on Americans

NY sues Trump administration over new tariffs as 'a tax' on Americans

New York is joined by 43 other states in suing the Trump administration over their newly announced tariffs affecting 60 trading partners.

Paramount Requests November Antitrust Trial Amid States' Push for April 2027 Date

Paramount Requests November Antitrust Trial Amid States' Push for April 2027 Date

Paramount Requests November Antitrust Trial Amid States' Push for April 2027 Date

New York Attorney General Implements Social Media Restrictions to Protect Minors

New York Attorney General Implements Social Media Restrictions to Protect Minors

New York Attorney General Letitia James has released final regulations for the SAFE for Kids Act, a law aimed at protecting minors from addictive social media features. Signed by Governor Kathy Hochul in June 2024, the law mandates social media companies to restrict algorithmically personalized content feeds and overnight notifications for users under 18 unless parental consent is obtained. The regulations, effective January 25, 2027, require companies to verify users' ages and obtain parental approval before enabling these features. The law addresses concerns about youth mental health, linking algorithm-driven feeds to increased risks of depression, anxiety, and sleep problems among children and teenagers.