Washington, June 13 (IANS) The US Department of Justice cleared Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, removing a major regulatory hurdle for a deal that would reshape the global entertainment industry by bringing together some of Hollywood’s most valuable film, television and streaming assets.After an eight-month antitrust investigation, the Justice Department said the $111 billion transaction was unlikely to harm competition in streaming services, television broad…
Latest US Department of Justice News & Updates
Washington, June 8, (IANS) The US Department of Justice has launched proceedings to revoke the citizenship of 17 naturalised Americans accused of concealing crimes or lying during the immigration process, including an Indian-origin businessman convicted in a visa fraud case.The Justice Department said Monday that the denaturalisation actions, filed in federal courts across the country, target individuals accused of offences ranging from sexual abuse of minors and healthcare fraud to money launde…
Washington, June 2 (IANS) A senior US senator has questioned whether Nvidia’s advanced artificial intelligence chips are continuing to reach China despite American export restrictions, citing a series of criminal cases that allegedly involved the diversion of hundreds of millions of dollars worth of the company’s technology.Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, said recent Justice Department cases raise “urgent questions” about Nvidia’s compliance with US ex…
Havana, May 29 (IANS) The United States has no grounds to launch an attack against Cuba, Cuban Deputy Foreign Minister Carlos Fernandez de Cossio said, warning such a move would cause death and destruction.”Isn’t there a lack of grounds to justify killing, maiming, and causing destruction and misery, in addition to running the certain risk of losing lives on their own side?” Fernandez de Cossio wrote on X in response to a report by US magazine Politico.The official accused the magazine of encour…
Mexico City, May 23 (IANS) Mexican President Claudia Sheinbaum has defended the principle of self-determination and voiced disagreement with the US decision to bring criminal charges against former Cuban leader Raul Castro.”What is the point of accusing someone now for something that happened 30 years ago?” Sheinbaum said at her daily press conference on Friday (local time).The US Department of Justice has recently filed an indictment against Castro, accusing him of playing an alleged role in th…
New Delhi, May 19 (IANS) Describing the US decision to drop charges against Adani Enterprises Ltd a ‘huge victory’ for the Adani Group and a positive development for the industry and the country, a leading law expert on Tuesday said the development could help strengthen the Group’s international expansion plans.Speaking to IANS, Raian Karanjawala, Managing Partner of Karanjawala & Co, said the resolution of the case removes a major obstacle for the Adani Group and could strengthen its …
New Delhi, May 19 (IANS) Shares of Adani Group companies surged up to 5 per cent in early trade on Tuesday, with listed entities trading in the green amid improved investor sentiment following recent developments related to a US legal case involving group chairman Gautam Adani and his nephew Sagar Adani.Adani Green Energy emerged as one of the top gainers in the group, rising 5.38 per cent to Rs 1,442 in early trade on the BSE.Meanwhile, Adani Enterprises jumped as much as 3 per cent to touch an…
Washington, May 19 (IANS) The resolution of the legal matter involving Adani Enterprises Ltd removes a major distraction from the growing India-US economic partnership, and could pave the way for fresh Indian investments in the United States, the US-India Strategic Partnership Forum (USISPF) said on Monday.“The US Department of Justice’s resolution in the case involving Adani Enterprise brings closure to the ongoing legal matter, which has been a distraction to the otherwise strong US-India ec…
New York, May 18 (IANS) In yet another significant development, the US Department of Justice has permanently dropped all criminal charges against Gautam Adani and his nephew, Sagar Adani, in an alleged securities and wire fraud case.In a filing before the Eastern District of New York, the US Department of Justice requested dismissal of the indictment against Adani.”The Department of Justice has reviewed this case and has decided, in its prosecutorial discretion, not to devote further resources t…
New Delhi, April 14 (IANS) A 20-year-old Texas man — accused of targeting Sam Altman, CEO of OpenAI — has been charged with multiple state and federal offences after allegedly carrying out a Molotov cocktail attack on a residence and attempting to set a business on fire in San Francisco, authorities said.According to the San Francisco District Attorney’s Office, the accused, Daniel Alejandro Moreno-Gama, has been charged in connection with incidents that took place on April 10 in Russian Hil…