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Following Donald Trump's election victory, a New York judge has indefinitely postponed his sentencing for 34 felony counts related to hush money payments. Trump's legal team is now allowed to file a motion to dismiss the case, citing presidential immunity. The prosecution has agreed to delay proceedings until after Trump's term begins on January 20, 2025.
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Texas Attorney General Ken Paxton has filed a lawsuit against BlackRock, Vanguard, and State Street, alleging antitrust violations related to their influence on coal production. The suit claims these firms colluded to reduce coal output, leading to higher electricity prices for consumers. This marks a significant challenge to ESG investing practices.
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As Donald Trump prepares for his second term, state lawmakers are proposing new immigration laws that empower local law enforcement to arrest undocumented immigrants. These proposals align with Trump's hardline immigration agenda, which includes mass deportations and increased border security measures. Resistance is growing in Democratic-led states like California.