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Texas Attorney General Ken Paxton settles long-running fraud charges

(Reuters) – Texas Attorney General Ken Paxton has struck a deal to resolve securities fraud charges brought by state prosecutors nearly a decade ago, his lawyers said on Tuesday. Paxton, a Republican and ally of former U.S. President Donald Trump, was indicted in July 2015 on charges related to stock sales and compensation from the …

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US office loan payoff rate rises in first two months of 2024

By Matt Tracy WASHINGTON (Reuters) – The payoff rate on maturing U.S. office loans packaged in commercial mortgage-backed securities (CMBS) spiked in January and February from last year, according to a new report by ratings agency Moody’s Investors Service. More than 55% of maturing office loans was paid off in January, while 25% was paid …

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Billionaires sought to help fund Trump bond in civil fraud case, sources say

By Alexandra Ulmer (Reuters) -Some major Republican donors were working together to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment ahead of Monday’s deadline, three sources briefed on the matter told Reuters. Former Republican President Trump needs to pay a bond in a …

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Baseball-Ohtani says interpreter stole money, denies knowledge of gambling debts

By Rory Carroll LOS ANGELES (Reuters) -Los Angeles Dodgers star Shohei Ohtani said on Monday he was the victim of theft by his former interpreter and that he had never bet on baseball or knowingly paid a bookmaker in his first public remarks since the gambling scandal broke last week. Ohtani’s statement was the Japanese …

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No winner for $800 million Powerball lottery, $1.1 billion Mega Millions ahead

(Reuters) -A Powerball drawing for $800 million, one of the largest jackpots in the history of that U.S. lottery game, found no winners on Monday night, ahead of an even larger prize up for grabs in the Mega Millions drawing on Tuesday. The Multi-State Lottery Association said no one bought the ticket bearing the six …

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Sean ‘Diddy’ Combs’ properties in L.A. and Miami raided by federal agents

By Steve Gorman LOS ANGELES (Reuters) – U.S. Department of Homeland Security agents have opened an investigation of hip-hop star Sean “Diddy” Combs, searching his properties in Los Angeles and the Miami area, agency officials said on Monday. The inquiry was led by Homeland Security Investigations (HSI) agents in New York, where a lawsuit was …

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Florida’s DeSantis signs law restricting social media for people under 16

(Reuters) – Florida Governor Ron DeSantis on Monday signed a bill that bans children aged under 14 from social media platforms and requires 14- and 15-year-olds to get parental consent, a measure supporters say will protect them from online risks to their mental health. The measure requires social media platforms to terminate the accounts of …

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Trump’s Stormy Daniels hush money trial to start on April 15, judge rules

By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump’s criminal trial on charges stemming from hush money paid to a porn star will begin on April 15, a judge said on Monday, paving the way for the Republican presidential candidate to either be convicted or cleared before the Nov. 5 election. The date …

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