A Los Angeles jury has awarded $40 million to two women who said their long-term use of talc-based powders sold by Johnson & Johnson contributed to their ovarian cancer, extending a legal fight that has persisted for years across U.S. courts. The verdict, returned on Friday, December 12, 2025, reflects the jury’s acceptance of the plaintiffs’ argument that the company…
The European Central Bank (ECB) opted to leave its key deposit rate unchanged at 2.00% during its latest policy meeting in Frankfurt, highlighting that inflationary pressures have eased and the broader economy remains relatively resilient. ECB President Christine Lagarde remarked that “monetary policy is in a good place” and stressed that future decisions will follow a “meeting-by-meeting” approach, underscoring the…
Federal Court Blocks Dismissal A federal court has ruled that Federal Reserve Governor Lisa Cook can remain in her post while she challenges President Donald Trump’s attempt to remove her. U.S. District Judge Jia Cobb, appointed by President Joe Biden, granted a preliminary injunction, saying the administration’s arguments for dismissal failed to establish valid grounds. Under the Federal Reserve Act,…
In Southern California, Home Depot parking lots—long known as informal gathering points for day laborers—have become the focus of stepped-up immigration enforcement operations. At the Van Nuys branch, which spans about 108,000 square feet, federal agents have carried out raids at least five times since June, according to worker accounts and advocates. In response, laborers have devised makeshift early warning…
On September 4, 2025, U.S. immigration authorities carried out what officials described as the largest single-site enforcement action in the history of the Department of Homeland Security. The operation targeted a massive Hyundai–LG joint venture battery plant under construction in Ellabell, Georgia, a site central to the United States’ push to expand domestic electric vehicle (EV) supply chains. Authorities detained…
The board of Tesla Inc. has unveiled an unprecedented compensation package for CEO Elon Musk, potentially worth close to $1 trillion, provided the company achieves a series of highly ambitious targets over the next decade. The plan, filed with U.S. regulators this week, reflects both Tesla’s reliance on Musk’s leadership and its aggressive vision for growth. Tesla Board Outlines Record…
President Donald Trump hosted a high-profile dinner with technology leaders in the newly renovated Rose Garden of the White House on September 4, 2025. The event was scheduled shortly after the latest updates from the administration on its artificial intelligence policy framework, signaling the symbolic role of Silicon Valley leaders in shaping future national strategies. By holding the dinner in…
