New York

NEW YORK (AP) — Most of the top Republican candidates running for president in 2024 reacted grimly to the ouster of House Speaker Kevin McCarthy by a faction of hard-liners in their own party, while one contender embraced the chaos and the front-runner for the nomination notably did not denounce the move.

Many agreed that it was a clear sign that new leadership was needed, not just in the House of Representatives but also in the party as a whole.

NEW YORK (AP) — A prosecutor opened a criminal fraud trial Wednesday by telling jurors that FTX founder Sam Bankman-Fried was on top of the world a year ago, hobnobbing with people like football star Tom Brady and ex-President Bill Clinton, before his historic fraud was exposed, leaving customers and investors without at least $10 billion they thought was secure.

Assistant U.S. Attorney Nathan Rehn pointed at Bankman-Fried, sitting with his lawyers in a suit, and accused him of “committing a massive fraud.”

NEW YORK (AP) — Warned to mind his out-of-court comments, former President Donald Trump returned to his New York civil fraud trial Wednesday as lawyers on both sides closely questioned an accountant who prepared financial statements at the heart of the case.

Outside the courtroom, Trump’s lawyers appealed a key pretrial ruling.

The civil case, filed by New York Attorney General Letitia James, accuses Trump and his business of exaggerating his wealth in financial statements that went to banks, insurers and others.

New York, Oct 4 (PTI) A speciality pharmacy company in the US and its Indian-origin chief executive officer have agreed collectively to pay USD 20 million to resolve allegations that they paid kickbacks to patients and physicians to protect its revenue stream, the justice department said.

“BioTek allegedly provided improper physician inducements and covered up kickbacks for patient referrals by waiving co-pays,” said US Attorney Jacqueline C. Romero for the Eastern District of Pennsylvania.

UNITED NATIONS, Oct. 2 (Xinhua) -- A Chinese envoy said Monday that China will steadfastly support the international system centered around the United Nations.

"China works tirelessly to promote the building of a community with a shared future for mankind, and firmly upholds the UN-centered international system," Dai Bing, China's deputy permanent representative to the United Nations, told the opening of the main session of the Fifth Committee of the 78th UN General Assembly, which deals with internal UN administrative and budgetary matters.

NEW YORK (AP) — Jury selection began Tuesday in the fraud trial of FTX founder Sam Bankman-Fried after a prosecutor revealed that no discussions about a potential plea agreement took place in the 10 months since the cryptocurrency executive was arrested and brought to the United States.

Once a billionaire, the 31-year-old crypto mogul faces the possibility of a long prison term if convicted at a trial that is expected to last up to six weeks.

New York(AP) —Donald Trump ‘s campaign is calling on the Republican National Committee to cancel all remaining presidential primary debates, saying the RNC must instead “refocus its manpower” on defeating Joe Biden next year.

In a statement late Monday, top Trump advisers also repeated debunked falsehoods about election fraud, claiming without evidence that Democrats are working to steal the 2024 election. Trump has maintained that the 2020 election was stolen, despite multiple legal cases, investigations and his own attorney general finding no fraud.

NEW YORK (AP) — A New York judge indicated Tuesday that he’s not embracing former President Donald Trump’s view that most claims in his civil business fraud trial are too old for court, as the defense had hoped the judge would after the trial’s first day.

With Trump voluntarily in court for a second day, Judge Arthur Engoron set the record straight about a comment that the ex-president had claimed as an important victory.

29 September 2023; MEMO: Tesla and SpaceX CEO, Elon Musk, said on Friday that he will be attending Turkiye’s largest tech and aviation event TEKNOFEST next year, Anadolu Agency reports.

Thanking Turkish President, Recep Tayyip Erdogan, for the invitation, Elon Musk said on X: “I look forward to attending in person next year, as well as discussing further opportunities for investment in Turkiye.”

NEW YORK (AP) — With control over some of his most prized real estate holdings in jeopardy, former President Donald Trump says he will make a rare, voluntary trip to court in New York on Monday for the start of a civil trial in a lawsuit that already has resulted in a judge ruling that he committed fraud in his business dealings.

“I’m going to Court tomorrow morning to fight for my name and reputation,” Trump wrote Sunday night on his Truth Social platform.