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Trump White House win brings criminal cases to a standstill

The first former U.S. president to face criminal charges, Trump for much of this year faced four simultaneous prosecutions, over allegations ranging from his attempt to cover up a hush money payment to porn star Stormy Daniels during his 2016 campaign to his attempts to overturn his 2020 election defeat. Read more

‘Trump trade’ surges as he claims victory

Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the U.S. presidential election and Republicans took control of at least one chamber of Congress. Read more

Stocks jump on Election Day as investors eye outcome

The Institute for Supply Management said its non-manufacturing purchasing managers index, a gauge of the services sector, accelerated to 56.0 last month, its highest since August 2022, from 54.9 the prior month and above the 53.8 expected by economists polled by Reuters. Read more

Boeing CEO in battle to mend rifts after bitter strike ends

The strike has exposed divides that run right through the company, not just between the board and machinists, but also rifts within the union membership and resentment between white-collar staff and factory workers, according to interviews with more than 20 people with knowledge of Boeing’s operations. Read more

Pennsylvania judge allows Musk’s $1 million voter giveaway

Pennsylvania Judge Angelo Foglietta’s decision came after a surprising day of testimony in Philadelphia state court in which Musk’s aides acknowledged hand-picking the winners of the contest based on who would be the best spokespeople for his super PAC’s agenda, despite the billionaire’s assertion that they would be chosen randomly. Read more

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