Business

Former Illinois House Speaker Michael Madigan Takes Stand to Testify in His Own Federal Corruption Trial

Former Illinois House Speaker Michael Madigan, once one of the most powerful figures in state politics, took the stand this week to testify in his own defense during his federal corruption trial.

Drivers Alter License Plates to Avoid NYC Congestion Toll

As New York City’s congestion toll system takes effect, reports have emerged of drivers altering license plates to evade the fee. The toll, which charges $9 during peak hours and $2.25 during off-peak hours for vehicles entering Manhattan’s central business district, officially began on Sunday.

Trump Announces $20 Billion Investment, Oil Drilling Expansion at First Post-Certification Press Conference

President-elect Donald Trump addressed the nation Tuesday in his first press conference since Congress certified his election victory. Speaking from his Mar-a-Lago estate, Trump unveiled a series of economic initiatives, including a $20 billion investment in U.S. data centers and plans to reverse President Biden's restrictive energy policies.

Business Confidence Hits 18-Month High as Optimism Surges

The election of Donald Trump to a second presidential term is fueling a wave of economic optimism, with business confidence reaching its highest level in 18 months. S&P Global’s latest data reveals accelerated growth across the services sector, underscoring the positive impact of Trump’s anticipated pro-business policies.

CA Residents Urge Newsom to Send CHP to Help Amidst Increased Crime

The California Highway Patrol (CHP) will expand its presence in Vallejo, a Bay Area city grappling with rising crime and a severe police staffing shortage. The decision follows a petition by residents urging Governor Gavin Newsom to deploy state resources, similar to the CHP’s ongoing crime-reduction efforts in Oakland.

Madigan’s Lucrative Law Firm Draws Attention in Corruption Trial

Former Illinois House Speaker Michael Madigan is seeking to block prosecutors from questioning his long-time law partner about the profits generated by their private law firm. Prosecutors argue the firm's lucrative earnings, reportedly more than $1 million annually for Madigan as a 50% partner, are central to understanding his motives in the corruption case.

Judge Denies Trump’s Request to Delay Sentencing in Business Records Case

A New York judge on Monday denied President-elect Donald Trump’s last-minute request to delay sentencing in his business records case. Trump’s legal team had filed the petition earlier in the day, seeking more time to pursue an appeal, but Judge Juan M. Merchan rejected the motion, keeping sentencing scheduled for January 10.

Maryland Ivy Leaguer Accused of CEO Assassination Hires Notable Prison Consultant

Luigi Mangione, the Maryland Ivy League graduate charged with assassinating UnitedHealthcare CEO Brian Thompson, has retained Craig Rothfeld, a high-profile prison consultant known for advising disgraced movie producer Harvey Weinstein.

California Vegan Restaurant Closes After Backlash Over Meat Options

Sage Regenerative Kitchen & Brewery, a California restaurant known for its vegan roots, is shutting down after facing backlash from activists over its decision to add meat to the menu. The business, with locations in Pasadena and Echo Park, is closing on Sunday after 14 years, citing financial difficulties and growing protests.

Apple CEO to Personally Contribute $1 Million To Trump’s Inaugural Committee

Apple CEO Tim Cook is reportedly making a bold gesture of support for President-elect Donald Trump by personally contributing $1 million to his inaugural committee.

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